Thursday, 17/1/2019 | : : UTC-5
Insurance Breaking News | Home & Auto Insurance
  • InsurTech Futures: Harry Franks on how the sharing financial system is difficult insurance coverage
    InsurTech Futures: Harry Franks on how the sharing financial system is difficult insurance coverage

    The beginning-up dealer CEO talks to Insurance coverage Age about know-how, disruption and collaboration. Know-how is difficult the normal types of insurance coverage, in line with Harry Franks, co-founder and chief government of InsurTech start-up Zego. Franks defined that the thought for the pay-as-you-go insurance coverage dealer got here when he labored at Deliveroo and […]

    Read more
  • Saffron hit by £2.6m lawsuit – report
    Saffron hit by £2.6m lawsuit – report

    Regulation360 stories that the dealer allegedly failed in its obligation to elucidate to a buyer that he wanted to reveal a courtroom judgment, resulting in his declare being declined. Saffron Insurance coverage Providers is being sued for round £2.6m for breach of obligation after allegedly failing to inform a buyer that his coverage can be […]

    Read more
  • Zurich names new Canada CEO
    Zurich names new Canada CEO

    Zurich Insurance coverage has introduced that Saad Mered, at present the chief claims officer for Zurich Insurance coverage Group, might be changing David Levinson as CEO and chief agent of Zurich Canada efficient October 01. He might be reporting on to Kathleen Savio, Zurich’s North American CEO, who stated in a press launch that Mered’s […]

    Read more
  • LV making “good progress”
    LV making “good progress”

    Steve Treloar factors to non-public strains progress and highlights that the insurer has elevated its variety of dealer companions as enterprise strikes between LV and Allianz.

    Read more
  • The place can smaller insurers and brokers get began relating to AI?
    The place can smaller insurers and brokers get began relating to AI?

    AI and machine studying are huge buzzwords immediately – however it may be troublesome to know the place to start in terms of harnessing the know-how inside your enterprise. Will increase in pc energy, larger investments in algorithms, and progress within the availability of knowledge are democratising AI at present and placing ‘supercomputing’ potential within […]

    Read more
  • Economical reviews lack of $25.1 million for second quarter
    Economical reviews lack of $25.1 million for second quarter

    Economical stories lack of $25.1 million for second quarter Disaster losses drive mixed ratio to 114.5% Employees on August three, 2018 Economical Insurance coverage has reported a internet lack of $25.1 million for the second quarter. The Waterloo-based insurer had a mixed ratio of 114.5% for Q2, together with an influence of seven.four proportion factors […]

    Read more
  • Biba groups up with Tokio Marine Kiln on drone scheme
    Biba groups up with Tokio Marine Kiln on drone scheme

    Scheme aimed toward corporations working drones for business or enterprise functions. The British Insurance coverage Brokers’ Affiliation (Biba) has launched a brand new drone insurance coverage scheme with Tokio Marine Kiln (TMK). In response to the commerce physique the scheme provides complete and competitively-priced protection for corporations working drones, or Unmanned Aerial Methods (UAS), for […]

    Read more
  • AIG boss on the corporate’s “sense of urgency”
    AIG boss on the corporate’s “sense of urgency”

    Everyone knows by now that AIG – which is presently value a few fifth of its ‘glory days’ worth of US$240 billion – posted an US$89 million loss in underwriting revenue for its basic insurance coverage enterprise within the second quarter. Chief government Brian Duperreault, nevertheless, stays optimistic as they scramble in the direction of […]

    Read more
  • CII begins investigation into Paul Asplin after fraud conviction
    CII begins investigation into Paul Asplin after fraud conviction

    Nevertheless, it’s understood Asplin resigned membership following his conviction. The Chartered Insurance coverage Institute (CII) has formally begun its investigation into ex-Das chief government officer Paul Asplin, Insurance coverage Age can reveal. Asplin was discovered responsible of fraud at Southwark Crown Courtroom on 13 July and sentenced to seven years in jail. He has additionally […]

    Read more
  • Hub acquires Southland Insurance coverage Brokers
    Hub acquires Southland Insurance coverage Brokers

    Hub Worldwide Restricted has acquired Ontario-based Southland Insurance coverage Brokers. Phrases of the transaction weren’t disclosed. Southland has been offering residence, auto, journey and business insurance coverage within the space for greater than 50 years, and provides quite a lot of specialised packages for its shoppers. The corporate will be a part of Hub Ontario […]

    Read more
  • Steve Bamforth retires from Griffiths & Armour
    Steve Bamforth retires from Griffiths & Armour

    He had been with the dealer, which has workplaces in Liverpool, London, Dublin and Manchester, for the previous 32 years. Steve Bamforth has retired as chief government of Griffiths & Armour after 32 years with the corporate, Insurance coverage Age can reveal. It’s understood that Bamforth left the enterprise in April this yr. The Griffiths & […]

    Read more
  • First yr of Nevada marijuana gross sales smokes expectations
    First yr of Nevada marijuana gross sales smokes expectations

    First yr of Nevada marijuana gross sales smokes expectations Gross sales and tex revenues exceed projections by 25% Scott Sonner, The Related Press on August three, 2018 RENO, Nev. _ Nevada regulators and business insiders say the state’s first yr of broad marijuana legalization has exceeded even their highest expectations, with gross sales and tax […]

    Read more