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Insurance
The British Insurance Brokers’ Association (BIBA) has launched of a new commercial insurance scheme for businesses that will also include flood cover for many commercial premises and let properties located in areas at risk from flooding. 5 December 2016
Insurance
When Gable Insurance went into administration, its chief executive blamed, in part, the pressures of Solvency II compliance. But experts are now warning that Gable could become the tip of the iceberg as many other smaller insurers in Europe struggle with the onerous demands of the new regime – and it will only be a matter of time before more casualties follow. 2 December 2016
Insurance
Talbot Underwriting, a subsidiary of Bermuda-based Validus Holdings, has appointed a dedicated team of cyber underwriters. 2 December 2016
Insurance
Insured losses from the magnitude 7.8 earthquake that struck New Zealand’s South Island on November 14 will be between NZ$1.15 billion ($762 million) and NZ$5.3 billion ($3.5 billion), according to AIR Worldwide. 18 November 2016
Insurance
Independent UK-based insurance broker Bluefin has acquired Northern Alliance Brokers, based in Wakefield, West Yorkshire. 9 November 2016
Insurance
The increasing use of insurtech and data in the insurance industry is promoting the need for cyber protection, in products as well as with insurance providers. 2 November 2016
Insurance
At such a challenging time for the market, buyers are increasingly seeking new and alternative solutions, meaning that smaller, innovative brokers can thrive, as Mark Waterkeyn and Mark Finch from Lockton Re tell Baden-Baden Today. 24 October 2016
Insurance
Intelligent Insurer’s regular ranking of a selection of independent London market brokers shows that most of the biggest players continue to see growth—but not all of them, and profits are another matter again. 24 October 2016
Insurance
Augmented and Virtual Reality (AR and VR) technologies are creating new forms of risk and have the potential to generate potential losses to the value of $20 billion by 2020, according to a report from KPMG. 20 October 2016
Insurance
Insurance broker Lockton has expanded its employee benefits, risk management, and insurance capabilities with the appointment of three new executives to its Florida operations, effective November 3. 20 October 2016
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