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Arch Insurance has named UK leaders of property, casualty, specialty and digital underwriting and expanded the scope of its underwriting managers, with immediate effect. from Insurer - insuranceage.co.uk https://ift.tt/pISbNOV

Interim CEO of the Personal Finance Society, Don MacIntyre, has hit out at the ongoing damage to the Chartered Insurance Institute and the PFS as the row over board appointments rumbles on. from Insurer - insuranceage.co.uk https://ift.tt/2OKaYCe

Direct Line Group has appointed Jon Greenwood as acting CEO following Penny James stepping down from the permanent role with immediate effect. from Insurer - insuranceage.co.uk https://ift.tt/peVlshq

Aviva has launched a Norwich-based digital training hub called The Foundry. from Insurer - insuranceage.co.uk https://ift.tt/JQbLVme

Beazley has rolled out a private equity liability insurance product designed to focus on the D&O risks within the long-term lifecycle of portfolios held by private equity firms. from Insurer - insuranceage.co.uk https://ift.tt/IDzCHvq

Comprehensive car insurance premiums increased sharply by 19% during the last 12 months, with UK motorists now paying £629 on average, according to the latest Car Insurance Price Index. from Insurer - insuranceage.co.uk https://ift.tt/kJKWurs

Some 40% of members involved in research by the British Insurance Brokers' Association told the trade body they had clients who were no longer insuring their cyber risks due to the cost of living crisis. from Insurer - insuranceage.co.uk https://ift.tt/iMTJzVD

Aviva has estimated that freezing weather in the UK during December will cost the insurer around £50m at a group level. from Insurer - insuranceage.co.uk https://ift.tt/QmSsA8u

The Financial Conduct Authority has warned firms risk falling behind as the deadline for Consumer Duty looms. from Insurer - insuranceage.co.uk https://ift.tt/8eo0trV

Zurich UK has launched a bespoke concierge service for its personal lines customers in a move it claimed was an industry-first. from Insurer - insuranceage.co.uk https://ift.tt/L2xRTaD

The new chair of the Society of Insurance Broking, Laura Hancock, has told Insurance Age that this years focus will be on raising professional standards in broking and talent recruitment. from Insurer - insuranceage.co.uk https://ift.tt/4qyW6mH

Ecclesiastical has launched its latest Heritage Risk Barometer to help brokers talk to heritage clients about the biggest risks they face in the short, medium and long-term. from Insurer - insuranceage.co.uk https://ift.tt/C4jmoAW

Over 50s-group Saga has confirmed ongoing talks to sell its underwriting business Acromas Insurance. from Insurer - insuranceage.co.uk https://ift.tt/cmbZ2a7

Managing general agent Stella Insurance launched in the UK with a motor offering in November 2022 and is targeting £10m of gross written premium this year, according to founder and CEO Sam White. from Insurer - insuranceage.co.uk https://ift.tt/ayGXCkm

DAC Beachcroft has published its predictions for 2023, which touches on the impending implementation of the Consumer Duty and what the Financial Conduct Authority will expect of the insurance industry during the cost-of-living crisis. from Insurer - insuranceage.co.uk https://ift.tt/l4tqGnw

Nearly 50 law firms have had to close in just over a year as soaring professional indemnity costs bite hard, according to a legal adviser. from Insurer - insuranceage.co.uk https://ift.tt/nHrNTzO

Sompo International has flagged the importance of getting closer to brokers as it revealed the opening of an office in Birmingham, its first in the UK outside of London. from Insurer - insuranceage.co.uk https://ift.tt/DuP63n1

Increasing weathe- related claims and soaring rebuild costs will damage the profitability of UK property insurers this year, according to analytics company Globaldata. from Insurer - insuranceage.co.uk https://ift.tt/Pgreb0u

Allianz Commercial has appointed former head of claims operations, Graham Stait, as regional manager for the Midlands and South West commercial regions. from Insurer - insuranceage.co.uk https://ift.tt/zseRdqX

Aviva has extended its renewable energy insurance offering into the offshore wind market. from Insurer - insuranceage.co.uk https://ift.tt/iLclO0C

ECH Facilities has launched a home insurance policy in partnership with the Salvation Army to help people with lower incomes to protect their contents. from Insurer - insuranceage.co.uk https://ift.tt/9IKpaiw

Some 45% more women were hired into senior roles at Zurich UK between January and November 2022, compared to the same period in 2019, the insurer has revealed. from Insurer - insuranceage.co.uk https://ift.tt/2t7iOF9

Law firm RPC has warned brokers to be vigilant about their own errors and omissions, and to stay on top of documentation against a backdrop of customers potentially opting for cheaper, but less protective insurance, in the cost-of-living crisis. from Insurer - insuranceage.co.uk https://ift.tt/arA9Yz8

Allianz Commercial has revealed it detected £70.7m worth of insurance fraud in 2022, up 11.2% on the £63.6m uncovered the year before. from Insurer - insuranceage.co.uk https://ift.tt/mHKeyr1

The Financial Conduct Authority has opened a consultation on protections for insurance customers in financial difficulty proposing to update guidance introduced during the Covid-19 crisis. from Insurer - insuranceage.co.uk https://ift.tt/0XlvrHc

Tokio Marine Kiln has launched its inaugural life sciences insurance product, Intellimed, staking a claim for a Lloyd’s market first. from Insurer - insuranceage.co.uk https://ift.tt/Y20W8ul

The Chartered Insurance Institute faces a walk out from Personal Finance Society members upset over disagreements at board level. from Insurer - insuranceage.co.uk https://ift.tt/O9fPSrk

Markerstudy has confirmed it is buying Tradex Insurance Services alongside snapping up Lloyd’s broker Clegg Gifford in a move that is expected to mark it stepping back into risk-carrying underwriting. from Insurer - insuranceage.co.uk https://ift.tt/Q4cnt1z

Keep up to date with the latest personnel moves in insurance. from Insurer - insuranceage.co.uk https://ift.tt/hIW5OQd

The Financial Conduct Authority dished out £214,250,056 in fines in 2022, the fourth lowest on record since the FCA was formed in 2013. from Insurer - insuranceage.co.uk https://ift.tt/bEuLe9a