Wednesday, 15/8/2018 | : : UTC-4
Insurance Breaking News | Home & Auto Insurance
  • Aon reveals three elements for insurers to succeed with AI
    Aon reveals three elements for insurers to succeed with AI

    Amid the huge modifications introduced upon the insurance coverage business by synthetic intelligence (AI), an business report has outlined three key elements wanted for insurers to reap the benefits of the alternatives it presents. In accordance with Aon’s International Insurance coverage Market Alternatives report titled “Demystifying Synthetic Intelligence”, insurers are already good with AI and […]

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  • Weed’s need advertisements longer, marijuana job searches up as business grows: research
    Weed’s need advertisements longer, marijuana job searches up as business grows: research

    Weed’s need advertisements longer, marijuana job searches up as business grows: research 50% leap in cannabis-related job postings between April and early Might By Andy Blatchford, The Canadian Press on August 14, 2018 The expansion of Canada’s soon-to-be-legal leisure pot business is beginning to create a small buzz amongst job hunters. The job web site […]

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  • Turnover up at Alan Boswell
    Turnover up at Alan Boswell

    Norfolk-based dealer additionally stories small dip in working revenue for the yr ended 31 March 2018. Alan Boswell Insurance coverage Brokers has posted a small rise in turnover to £11.0m within the yr ended 31 March 2018, in comparison with £10.6m within the previous yr. Revenue earlier than taxation remained comparatively flat at £2.7m (2017: […]

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  • Bain Capital to purchase Esure for £1.2bn
    Bain Capital to purchase Esure for £1.2bn

    Esure additionally reported a 12% rise in GWP, however a fall in revenue for the primary half of 2018. Esure has acquired a takeover supply from Blue Bidco, a subsidiary of Bain Capital Personal Fairness, valuing the insurer at roughly £1.2bn. The supplier confirmed that the board of Bidco and the unbiased administrators of Esure […]

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  • Alpha collapse: FSCS transfers 177,000 GAP insurance policies
    Alpha collapse: FSCS transfers 177,000 GAP insurance policies

    The regulator has labored with Premia Options to exchange GAP insurance policies following Alpha going into liquidation earlier this yr. The Monetary Providers Compensation Scheme (FSCS) will switch 177,000 GAP insurance policies, previously with collapsed Danish insurer Alpha, from 12 August 2018. The regulator said that it has labored with the Danish Assure Fund and […]

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  • Solar Life Monetary beats market expectations in quarterly outcomes
    Solar Life Monetary beats market expectations in quarterly outcomes

    Solar Life Monetary is the newest insurance coverage big to disclose its second-quarter (Q2) earnings, reporting a internet revenue improve of almost 9%, beating market expectations. The monetary providers agency, based mostly in Toronto, reported internet revenue of $729 million in Q2, up eight.97% from $689 million in the identical interval of 2017. Earnings per […]

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  • California fires might make householders insurance coverage more durable to get
    California fires might make householders insurance coverage more durable to get

    California fires might make householders insurance coverage more durable to get Variety of householders dropped by insurance coverage corporations greater than tripled from 2010 to 2016 By Sarah Skidmore Promote, The Related Press on August 13, 2018 California householders might discover themselves dealing with insurance coverage complications even when their homes weren’t affected by this […]

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  • Insurance coverage membership of CII falls
    Insurance coverage membership of CII falls

    The physique’s annual report confirmed it had fewer insurance coverage members in 2017 as spending nudges as much as push ahead transformation plan. The Chartered Insurance coverage Institute (CII) has revealed that membership inside its insurance coverage division fell in 2017 in comparison with 2016. It reported that there have been 87,192 CII members, down […]

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  • Marsh introduces shopper advisory providers leaders
    Marsh introduces shopper advisory providers leaders

    Brokerage big Marsh has two new Shopper Advisory Providers (CAS) leaders – one for the UK and Eire, and one other for its worldwide division. Charlie Netherton, who got here onboard in 2016 to steer Marsh Danger Consulting within the UK and Eire, has been appointed as CAS chief for a similar nations. As a […]

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  • Direct Line names new NIG MD
    Direct Line names new NIG MD

    She takes over the position from Neil Manser. Direct Line Group has appointed Sonya Bryson as managing director of NIG, succeeding Neil Manser. Insurance coverage Age revealed in June this yr that Manser was leaving the MD publish, which he initially took on in March 2016. He has moved to mum or dad firm Direct […]

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  • Dealer Community buys North West dealer
    Dealer Community buys North West dealer

    The enterprise will act at Dealer Community’s seventh “regional powerhouse”. Dealer Community has purchased Manchester-based dealer MCM for an undisclosed sum. The community stated that the deal accomplished immediately (13 August) and can see MCM turn into the seventh “regional powerhouse” for the enterprise. In accordance with Dealer Community MCM controls in extra of £22m […]

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