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News

Insurance Times
insurancetimes.co.uk > news > insurance-industry-risks-skills-shortage-if-not-bothered-about-burnhams-school-plans > 1459545.article

Insurance industry risks skills shortage if ‘not bothered’ about Burnham’s school plans

1+ hour, 51+ min ago   (579+ words) ’If not, we will just stand and watch this evolved skills agenda take shape, we will still be talking about a skills shortage [and that the industry] can’t attract people,’ says chief executive The insurance industry risks a continuing skills…...

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insurancetimes.co.uk > news > manypets-eyes-launching-differentiated-product-set-for-price-comparison-websites > 1459517.article

ManyPets eyes launching???differentiated product set??? for price comparison websites

5+ day, 1+ hour ago   (460+ words) ’It’s a significant part of the market so we’re not completely ignoring it – we just want to do it in a way that it’s still aligned with our overall customer philosophy,’ says chief executive ManyPets has said it may look…...

Insurance Times
insurancetimes.co.uk > analysis > briefing-fewer-fos-complaints-begins-with-better-claims-decisions > 1459467.article

Briefing: Fewer FOS complaints begins with better claims decisions

1+ week, 5+ day ago   (689+ words) The Financial Ombudsman Service has an important role to play in dispute resolution, but the ultimate aim of the insurance sector should be to clearly communicate with customers and stop complaints reaching that stage The current approach to complaint handling…...

Insurance Times
insurancetimes.co.uk > news > claims-delays-behind-most-insurance-complaints-research-shows > 1459426.article

Claims delays behind most insurance complaints, research shows

2+ week, 3+ day ago   (331+ words) Almost one in 10 people make an insurance claim each year, with 11% describing their most recent claims experience as poor or very poor, according to research from Huntswood. Read: Ikea eyes retail experience to support new claims model after entering UK…...

Insurance Times
insurancetimes.co.uk > news > uk-businesses-confident-about-trade-credit-resilience-but-research-results-show-different-conclusion > 1459151.article

UK businesses confident about trade credit resilience – but research results show different conclusion

1+ mon, 2+ week ago   (832+ words) A new report from broker Marsh confirms that although UK companies are optimistic about their ability to weather trade credit risks, the majority have experienced late payments, or had to write off bad debt Broking organisation Marsh has warned UK…...

Insurance Times
insurancetimes.co.uk > news > hope-for-hardening-after-brutal-and-unprecedented-rate-drops > 1459105.article

Hope for hardening after ‘brutal’ and ‘unprecedented’ rate drops

1+ mon, 3+ week ago   (549+ words) ‘For us, it was just a brutal time,’ says chief operating officer Softening market conditions have been “brutal” and “unprecedented” for MGAs across certain lines, but a careful focus on claims leakage, pricing and diversification has helped mitigate the impact…...

Insurance Times
insurancetimes.co.uk > news > korean-insurer-completes-acquisition-of-us-insurer-with-uk-subsidiary > 1458685.article

Korean insurer completes acquisition of US insurer with UK subsidiary

3+ mon, 6+ day ago   (460+ words) ’Fortegra is positioned to expand our business geographically, enhance our capabilities and deepen our market presence in the US, Europe, the UK and Asia,’ says chief executive Korean insurer DB Insurance has completed its acquisition of The Fortegra Group. Read:…...

Insurance Times
insurancetimes.co.uk > news > us-based-firm-enters-uk-with-mgu-acquisition > 1458339.article

US-based firm enters UK with MGU acquisition

4+ mon, 2+ week ago   (286+ words) ’This expansion into the UK will give us a platform for additional mergers and acquisitions focused on the region and beyond,’ says chief executive US-based specialty insurance platform Doxa has marked its first move into the UK market with the…...

Insurance Times
insurancetimes.co.uk > news > lloyds-issues-comment-after-it-reportedly-quietly-shelves-blueprint-two > 1457698.article

Lloyd’s issues comment after it reportedly ‘quietly shelves Blueprint Two’

6+ mon, 3+ week ago   (461+ words) A report suggested that Blueprint Two ’has been quietly shelved, with the team responsible for market engagement disbanded at the end of last year’ Insurance marketplace Lloyd’s has shelved Blueprint Two after years of delays, according to a report. Read:…...