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Showing posts from December, 2022

People Moves: 19 - 23 December 2022

Stay up to date with the latest personnel changes within the insurance industry. from Insurer - insuranceage.co.uk https://ift.tt/IhvKQgL

Review of the Year 2022: Michelle Taylor, Zurich head of sales and distribution

In the latest part of Insurance Age's review of the year Zurich head of sales and distribution Michelle Taylor offers her reflections on 2022 and predictions for the next 12 months. from Insurer - insuranceage.co.uk https://ift.tt/9P5yz0g

Allianz makes ESG push on independent brokers

Allianz has urged small independent brokers to think about their ESG initiatives and make changes to reduce their carbon footprint. from Insurer - insuranceage.co.uk https://ift.tt/cNiOxZJ

Review of the Year 2022: Jon Walker, Axa Commercial CEO

In the first part of Insurance Age's review of the year Jon Walker, Axa Commercial CEO offers his reflections on 2022 and predictions for the next 12 months. from Insurer - insuranceage.co.uk https://ift.tt/o75SENa

Half of all UK businesses underinsured: Aviva

As many as 50% of all UK businesses are underinsured, according to Aviva estimates. from Insurer - insuranceage.co.uk https://ift.tt/EyhoOVz

AM Best downgrades Qatar Insurance Company ratings

Ratings agency AM Best has downgraded the financial strength and long-term issuer credit ratings of Markerstudy-affiliated Qatar Insurance Company to A- (Excellent) from A (Excellent). from Insurer - insuranceage.co.uk https://ift.tt/OwvxLMa

Fair value? Which household insurers are rejecting the most claims?

Ageas, Axa UK and LV have some of the highest claims rejection rates in home insurance out of all the insurers who work with brokers, Financial Conduct Authority figures show. from Insurer - insuranceage.co.uk https://ift.tt/ZEvPsCY

FCA reveals next steps for improving the compensation framework

The Financial Conduct Authority has published the feedback it received to its call for input on the framework for protection provided through the Financial Services Compensation Scheme, following concerns about increasing costs. from Insurer - insuranceage.co.uk https://ift.tt/tvl19Xs

Daines Kapp's George Worby first to complete Allianz's broker apprenticeship

Allianz has revealed its first success story in its broker apprenticeship programme which it believes could help tackle the recruitment crisis. from Insurer - insuranceage.co.uk https://ift.tt/MFP0vde

FCA raises concerns on D&I strategies

The Financial Conduct Authority has warned that firms’ diversity and inclusion strategies are not consistently based on a clear diagnosis of their specific circumstances and challenges, meaning actions and initiatives may not be appropriately focused. from Insurer - insuranceage.co.uk https://ift.tt/q2F8n7p

QBE launches new financial lines product

QBE Europe has launched a new warranty and indemnity product due to increased mergers and acquisitions. from Insurer - insuranceage.co.uk https://ift.tt/6HBP7dK

Market Moves: December 2022

Keep up to date with the latest personnel moves in insurance. from Insurer - insuranceage.co.uk https://ift.tt/K0vZjwJ

Ripe Thinking hires ex-Towergate duo to 'help drive growth'

Insurtech broker Ripe Thinking has hired two former Towergate chiefs whose 'expertise will help drive our continued success', according to chief executive Paul Williams. from Insurer - insuranceage.co.uk https://ift.tt/zKWZpHb

RSA can no longer 'hide behind the screen' to engage brokers - Catherine Frost

Stakeholder engagement with brokers is a priority for increased visibility, according to RSA regional managing director Catherine Frost. from Insurer - insuranceage.co.uk https://ift.tt/ZjHGV9p

People Moves: 5 - 9 December 2022

Keep up to date with the latest personnel changes in insurance. from Insurer - insuranceage.co.uk https://ift.tt/wyqjrpG

Markel first to partner with Zywave on broker briefcase expansion

Zywave has revealed an extension to its broker briefcase allowing insurers, MGAs and third parties to insert their broker-focused content directly into the workflow of a broker. from Insurer - insuranceage.co.uk https://ift.tt/yQiIq6t

FCA outlines rogue financial promotions clamp down

The Financial Conduct Authority has proposed new measures to stamp out illegal, unfair or misleading financial marketing. from Insurer - insuranceage.co.uk https://ift.tt/5kQeRsF

Under 20% of firms meet FCA expectations on attestation records

Only 11 out of 66 firms in the Financial Conduct Authority’s general insurance pricing review provided attestation records that met the regulator’s expectations. from Insurer - insuranceage.co.uk https://ift.tt/SKvcWNj

Gallagher calculates 40% of commercial properties underinsured

Gallagher has assessed that two in five commercial properties in the UK are currently underinsured with the problem hitting a record high. from Insurer - insuranceage.co.uk https://ift.tt/rZHakS3

FCA says insurers undervaluing cars and other items at claims stage

The Financial Conduct Authority has warned insurance firms not to undervalue items when settling insurance claims, especially during the cost of living squeeze, saying it has seen evidence the practice is happening. from Insurer - insuranceage.co.uk https://ift.tt/5QXa6Yy

People Moves: 28 November - 2 December 2022

Stay updated with the latest personnel moves in insurance. from Insurer - insuranceage.co.uk https://ift.tt/x6y3ieW

BGL Insurance and Covéa launch new insurance brand

BGL Insurance and Covéa have launched a new insurance brand, promising to "shake up" the motor insurance market. from Insurer - insuranceage.co.uk https://ift.tt/28brwtJ

A system to categorise cyber incidents in the pipeline - CFC head Burns

At the CFC Cyber Forum yesterday, James Burns, head of cyber at CFC, revealed plans to categorise cyber incidents, just like weather events, to determine the impact of each incident and to help insurers and brokers regulate the severity of subsequent claims. from Insurer - insuranceage.co.uk https://ift.tt/MfCtAw0