Revealed: The 2024 Insurance Times Awards finalists
Sep 24, 2024 · The final shortlist for the 2024 Insurance Times Awards has been released!. The awards are designed to recognise the best and brightest in UK general insurance, celebrating excellence, impact and innovation across the breadth of the sector.
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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 ...
UK general insurance Latest News
5 days ago · Backchat: December 2024. 2024-12-23T13:00:00+00:00 By Clare Ruel. Insurance Times delivers a bumper Backchat segment in time for Christmas, including a parade full of traditional British pageantry, editor Katie Scott offering public speaking advice, an underwriter sharing a philosophy podcast and a cyber risk management firm celebrating a …
Paul Anscombe: Seventeen Group's independence means culture …
Oct 8, 2024 · This ethos has supported the creation of one of the UK’s largest independent insurance firms – Seventeen Group was listed in the most recent Insurance Times Top 50 Brokers research report, published in November 2023, as one of the market’s high flyers.. Anscombe began his career in insurance at Norwich Union in 1981, having left his previous role as a stock broker because he noted that ...
Ageas in talks to acquire Saga’s underwriting arm and form major …
Oct 11, 2024 · The ambition is to go live by the end of 2025, with Ageas UK paying Saga an upfront consideration of £80m. Additionally, Saga may receive a contingent consideration of up to £30m in 2026, as well as in 2032, subject to certain policy volume and …
Which are the most complained about insurers? | Insurance Times
Oct 31, 2024 · This analysis, published exclusively by Insurance Times, found that three of the five most complained about insurers over the first six months of 2024 are specialist health insurers.. Axa PPP Healthcare tops this list of the most complained about insurers, receiving 36.75 complaints for every 1,000 policies in the first half of …
Briefing: ‘Tis the season to be jolly? | Insurance Times
Dec 4, 2024 · The government’s Autumn Budget was released in October 2024, which placed much of the pressure of filling its £22bn financial “black hole” on businesses, the well off and the energy sector, to name a few.. The employer national insurance (NI) increase will add more strain on firms and, in some cases, may be enough to push some into receivership.
Solvency ratios on the rise as UKGI market continues to face ...
Sep 30, 2024 · Indeed, the average gross claims incurred by UK and Gibraltarian insurers have climbed in each of the last four years. UK-regulated insurers reported average claims totalling £390m for 2023/24, up from £317m the previous year – an increase of 23% – while average claims incurred by Gibraltarian insurers rose by almost 24% to more than £245m.
What will the Autumn Budget hold for the insurance industry?
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 ...
Delegated authority agreements: What are the red flags and long …
Sep 11, 2020 · Delegated authority (DA) agreements, such as binding authority arrangements, lineslips or consortium agreements, boomed during yesteryear’s soft market as insurers – particularly within the London Market – grappled with how to boost their premium income opportunities and move into more voluminous lines of business to improve topline figures. ...