Insurance Wiki How

Jensten Group has bought schemes broker Darwin Clayton for an undisclosed amount. from Insurer - insuranceage.co.uk https://ift.tt/AWZK6l4

London-based insurtech Flock has raised $38m (£31.7m) in a series B funding led by Octopus Ventures. from Insurer - insuranceage.co.uk https://ift.tt/DY9bcuz

Axa has posted €3.74bn (£3.3bn) of revenue in the UK and Ireland for 2022, up 4% from the previous year on a comparable basis, with growth in both commercial and personal lines. from Insurer - insuranceage.co.uk https://ift.tt/BRyIlu5

Theft at work in England and Wales has jumped by a fifth (19%), according to data released by Zurich. from Insurer - insuranceage.co.uk https://ift.tt/zlbE9Ia

Ageas has reported an 11% fall in UK gross written premiums in 2022. from Insurer - insuranceage.co.uk https://ift.tt/QBfGVc0

The Association of British Insurers has rolled out a three-year strategy with a core focus of driving change to support customers, society and the planet. from Insurer - insuranceage.co.uk https://ift.tt/izgAxmJ

Managing general agent Casper Specialty UK has launched targeting the casualty market. from Insurer - insuranceage.co.uk https://ift.tt/4pDlzIX

QBE International has reported a combined operating ratio of 92.5% for 2022 up from 90.6% the previous year. from Insurer - insuranceage.co.uk https://ift.tt/iMCGZqs

Allianz Holding has revealed the impact of the winter weather on its bottom line as CEO Colm Holmes forecast the Q3 and Q4 rating hikes would continue into 2023. from Insurer - insuranceage.co.uk https://ift.tt/F9S3oUE

Allianz Holdings has posted a 58.3% drop in operating profit to £132.3m for 2022 as its combined operating ratio deteriorated year-on-year from 93.2% to 99.2%. from Insurer - insuranceage.co.uk https://ift.tt/q2caoQe

The Brit-owned algorithmically driven Lloyd’s syndicate Ki has more than doubled its gross written premium to $834.1m (£698.6m) in 2022 – its second year of trading, reporting a combined operating ratio of 99.4%. from Insurer - insuranceage.co.uk https://ift.tt/6LG5prx

AIG has not ruled out the UK and European markets following a deal with private equity-focused reinsurer Stone Point Capital to create a new managing general agency for HNW markets. from Insurer - insuranceage.co.uk https://ift.tt/wlNxHjk

The average cost of home insurance dropped to £300 in 2022, the cheapest since the Association of British Insurers started collecting data in 2012. from Insurer - insuranceage.co.uk https://ift.tt/txRNFQa

Insurance consultancy, Gracechurch, has awarded its Service Quality Marque to Allianz, Chubb and Ecclesiastical. from Insurer - insuranceage.co.uk https://ift.tt/M8eNXnD

The FCA’s hopes of getting insurers and brokers to settle £19.2m in IFA claims is in doubt, with a fresh legal challenge the latest blow to hit the regulator’s compensation scheme. from Insurer - insuranceage.co.uk https://ift.tt/5gdURSo

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

QBE has created a client proposition team and has appointed Matt Lacy to be its director, with immediate effect. from Insurer - insuranceage.co.uk https://ift.tt/Uqrf6GE

Zurich UK’s operating profit from property and casualty business fell £145m year-on-year to £226m in 2022 due to claims inflation and the impact of large losses. from Insurer - insuranceage.co.uk https://ift.tt/6XhYuVf

Allianz Commercial has refreshed its fleet policies to reduce repair times and prescribe the fitting of green parts. from Insurer - insuranceage.co.uk https://ift.tt/TueqDtY

Shaun Hooper has been appointed managing director at Close Brothers Premium Finance succeeding Seán Kemple who is moving to a broader CEO role. from Insurer - insuranceage.co.uk https://ift.tt/hGYmVDw

Recently launched Specialty MGA UK has expanded through the purchase of Forest Re. from Insurer - insuranceage.co.uk https://ift.tt/4VnL3FI

UK insurers face slowing premium income growth this year, as high inflation, cost of living pressures and a rise in borrowing costs continue to hit product demand, according to EY. from Insurer - insuranceage.co.uk https://ift.tt/NnwtiXL

Financial Conduct Authority leader Matt Brewis has written to general insurance businesses reminding them to embed the interests of customers into their firms’ culture and purpose. from Insurer - insuranceage.co.uk https://ift.tt/gvHSakh

The Group for Autism, Insurance, Investment and Neurodiversity has welcomed Aviva as an ‘Industry Transformer’ member. from Insurer - insuranceage.co.uk https://ift.tt/ogxp29v

Zurich has named James Nicholson as UK chief claims officer with immediate effect. from Insurer - insuranceage.co.uk https://ift.tt/cjbVErx

More than three quarters of brokers surveyed by RSA said they needed more resources in fighting fraud, which is on the rise. from Insurer - insuranceage.co.uk https://ift.tt/qPk6U5z

Stay up to date with the latest recruitment news in the insurance industry. from Insurer - insuranceage.co.uk https://ift.tt/rtpHbxd

The pace of rate rises across UK insurance slowed down towards the end of last year, increasing by just 4% in the fourth quarter, according to Marsh specialty and global placement data.  from Insurer - insuranceage.co.uk https://ift.tt/f8wxqHW

Associate director at Sicsic Advisory, Sue Mallender, has stressed that the treatment of vulnerable customers is seen by the Financial Conduct Authority as an integral part of how businesses should operate. from Insurer - insuranceage.co.uk https://ift.tt/TVMbsHX

Zurich has increased the number of apprenticeship places on offer in 2023 across the UK for external recruits and existing staff to 100. from Insurer - insuranceage.co.uk https://ift.tt/049WOfG

The Chartered Insurance Institute’s CEO, Alan Vallance, has stressed that it was in the best interest of the Personal Finance Society members to appoint extra directors despite it being a painful choice, in his latest response to the PFS's consultation. from Insurer - insuranceage.co.uk https://ift.tt/GPfQWTy