Articles by Rosie Quigley
Allianz Worldwide Care launches AI symptom checker to drive paperless claims process
Allianz Worldwide Care has implemented an Artificial Intelligence-driven symptom checker service into its My Health app to provide customers with a paperless claims process and medical advice.
Ecclesiastical reports hike in pre-tax profit to £42.2m in H1
Ecclesiastical has reported an increase in pre-tax profit to £42.2m during the first half of this year compared to £15.2m last year.
Vienna Insurance Group reports pre-tax profit of €220.5m in H1
Vienna Insurance Group has reported a 9.6% rise in its pre-tax profit to €220.5m (£202.0m) during the first half of 2017 compared to €201.3 (£184.42m) in the same period last year.
IGI Holdings reports improvement in COR despite 'challenging market'
Dubai registered International General Insurance Holdings Limited has reported an improvement in its combined operating ratio from 89.8% in H1 2016 to 81.9% during H1 of this year.
More than half of insurers now use My Licence
With 52% of insurers using My Licence, the Motor Insurers' Bureau hit its adoption target for the platform in Q2.
Elite Insurance falls £9.7m short of SCR
Gibraltar-based insurer, Elite Insurance has fallen £9.7m short on its solvency capital requirement in the year to 31 March 2017, despite a sizeable strengthening in its reserves.
Verisk acquires Sequel from HG Capital for £250m
Data analytics provider, Verisk Analytics has decided it will acquire UK software provider, Sequel, from Hg Capital and other shareholders for £250 million.
Hiscox partners with Digital Fineprint to tackle underinsurance of SME clients
Hiscox has partnered with insurtech start-up Digital Fineprint in order to gauge how social media data can be used to educate business on the risks they face and the insurance solutions that are available to them.
Munich Re launches cyber cover for oil and gas sector
In an industry first, Munich Re has launched insurance cover to help tackle cyber exposures posed to the independent upstream oil and gas sector.
AIR estimates insured losses of $56bn if Hurricane Andrew were to strike again
AIR’s has estimated that if Hurricane Andrew were to recur today, the expected total industry insured losses would be approximately $56 billion (£43.48bn), based on today’s exposures.
Richard Hextall to leave MS Amlin
MS Amlin has appointed Chris Rash as chief finance and operations officer following Richard Hextall’s decision to depart from the company at the end of September this year.
Former Bluefin boss Kenny Hogg to head up Gallagher's Scottish operations
Ex-Bluefin broking managing director, Kenny Hogg, has been appointed regional managing director of Arthur J. Gallagher’s Scottish operations.
Cytora to expand internationally following successful partnerships
Following a £2.4m investment provided by Parkwalk, Artificial Intelligence start-up Cytora has successfully partnered with three insurers, providing their services in the commercial space.
Revised innovation strategies see insurers investing £1.53bn into insurtech
Major insurers have collectively invested $1.97bn (£1.53bn) into insurtech start-ups globally since 2016.
Aegon enters strategic partnership with fintech lending platform
Aegon has entered a strategic partnership with fintech lending platform, Funding Circle, with the intention of boosting UK SMEs.
Robert Organ to become CEO of Tasker Insurance
Ex-Bluefin CEO Robert Organ will replace Paul Tasker in September of this year.
Matthew Moore appointed as LSM president as Metcalf steps down
Matthew Moore will take over as president of Liberty Specialty Markets as Nick Metcalf, president and managing director of the company, steps down.
Confused's profits fall 46%
Confused.com, Admiral’s price comparison business, saw profits almost half in the first six months of the year.
Admiral reports slight rise in pre-tax profit despite Ogden impact
Admiral has reported a slight jump in its pre-tax profit during the first half of 2017, despite an earlier hit to profits of £150m from the Ogden rate change.
General insurance complaints jump within the last year
General insurance complaints submitted to the Financial Ombudsman Service have increased over the last year, recent results have shown.
Towergate to roll out food safety compliance tech
Towergate Insurance has partnered up with technology provider, Checkit, in order to reduce business premiums and the risk of liability for food companies.
Davies Group acquires Claims Management Services Limited
Davies Group has acquired specialty casualty claims third party administrator, Claims Management Services Limited
TT Club to provide insurance cover for 'Uber-style' freight service
TT Club is set to provide insurance cover for Russian freight start-up Deliver in order to implement an ‘Uber-style’ service to its customers.
Fraudster sentenced after making 13 fraudulent claims worth £12,069
A fraudster has been handed an eight month suspended sentence and a compensation order of £2000 after making 13 fraudulent claims totalling £12,069.