Dec 23, 2024 · After reviewing the top 50 brokers data for 2024, MarshBerry selects its best performers over the last 12 months

Oct 10, 2024 · Greig Bingham, head of financial modelling at independent financial services consultancy Broadstone, said: “I welcome the changes to the guidance to include specific references to AI [and] ML as these areas are becoming increasingly prevalent in actuarial work.

Nov 6, 2024 · Loosely attributed to the 1989 Kevin Costner film Field of Dreams, this phrase – popular in business terminology – suggests that creating a quality product alone is enough to reap rewards in terms of customer attraction and retention.. However, in the world of insurance technology, Polo Managing Agency and PoloWorks chief executive Paul Andrews said that this approach has mostly failed ...

Feb 3, 2023 · However, following Gove’s announcement a week after the manifesto launch, the broker body noted that the government’s intention to ban managing agents, landlords and freeholders from receiving commission when dealing with insurance for multioccupancy buildings went “further than the FCA question in its report regarding payments to unauthorised property managing agents”.

Oct 28, 2024 · This is why Insurance Times is delighted to exclusively reveal the winners of the Insurance DataLab Underwriting Gold Awards for 2024 within its Top 50 Insurers report – published in October 2024 – with this year’s cohort of winners once again demonstrating resilience and underwriting excellence in a highly challenging market.. The winners of these awards – which include general ...

Dec 12, 2024 · Aviva first put in a £3.3bn bid for its rival insurer in late November 2024, however DLG shunned this offer, concluding that the proposed takeover was “highly opportunistic and substantially undervalued the company”.. DLG chief executive Adam Winslow, who joined the insurer from Aviva in March 2024, additionally appealed to DLG shareholders following Aviva’s olive branch, asking for ...

The 2024 Insurance Times Awards took place on the evening of Wednesday 4th December in the iconic Great Room of London’s Grosvenor House.. Hosted by TV and radio presenter Claudia Winkleman, 37 Gold, 18 Silver and 12 Bronze awards were handed out across an amazing 37 categories recognising brilliance and innovation across the breadth of UKGI.. Massive congratulations to all the worthy ...

Sep 24, 2024 · In its submission to the Treasury ahead of the Autumn Budget, Biba called for the new government to cut the headline rate of IPT from 12% to 10% and implement exemptions for multioccupancy residential buildings requiring or undergoing cladding remediation, as well as for cyber insurance products to increase take-up from SMEs. Shayne Halfpenny-Ray, Biba’s head of policy and public Affairs ...

Jul 30, 2024 · “In domestic settings, a single malfunctioning device can lead to a fire that might destroy an entire building,” Winckler said. For instance, Axa UK’s claims data for 2022, published 18 August 2022, indicated that lithium-ion fires most commonly occurred in residential buildings. The data revealed that one large claim involved a faulty e …

Today (6 December 2024), it was announced that Aviva had submitted a new takeover proposal to DLG, which has been valued at £3.6bn.. While DLG rejected its rival insurer’s original £3.3bn bid, the two firms have now reached a preliminary agreement on the financial terms for a …