Lawyers face problems with nearly 40 per cent of insurers considering pulling out of PII market July 23, 2024 Law firms may face severe problems with the renewal of their PII going forward as nearly 40 per cent of insurers have been considering pulling out
Talent crisis: Insurers are struggling to attract new staff. Could painting and TikToks be the answer? February 6, 2024 Insurance firms are in need of new blood. But the industry - innovative and exciting once you're in it - is struggling to cut through to the next generation.
Direct Line: Shares rise as insurer credits ‘pricing actions’ for strong motoring growth November 7, 2023 Direct Line's share price spiked by four per cent on the FTSE 250, making it the second-top riser on the index.
Insurance SPAC boss: London loves a bad headline – but we’re the best in the world November 2, 2023 London loves a “bad headline” and should instead embrace its role as the “global centre” of insurance expertise, the boss of a listed acquisition vehicle has claimed, as he prepares to debut a new insurance firm on the public markets this month.
Cost of London car insurance at highest ever: Here’s why and which part of the capital is the worst January 22, 2024 The cost of insuring a car in London has reached the highest level on record, with the capital the most expensive region in the country.
Leaseholders to gain new rights under FCA insurance reforms April 21, 2023 The Financial Conduct Authority (FCA) has proposed insurance reforms to protect leaseholders from paying extortionate sums for insurance. Under the new plans, leaseholders will be defined as “customers of buildings insurance” and insurance firms will be obliged to act in the leaseholders’ best interests. A leaseholder is someone who has bought the right to live [...]
London thrives when it’s dealing with risk – just ask the insurers June 13, 2023 The City is at its best when it's dealing with risk - and regulators and policymakers need to catch up with the idea
Andreessen Horowitz backs London insurance start-up to shrug off UK venture woes January 11, 2024 Silicon Valley giant Andreessen Horowitz (a16z) has thrown its weight behind London insurance tech Hyperexponential today in a deal that shrugs off the gloom gripping the UK’s venture capital market.
Government needs to bring in lighter regulatory regime to fill City’s specialist insurance market gap January 3, 2024 The UK insurance industry has urged the Government to adopt a lighter regulatory regime for captive insurance companies to fill the gap in London’s specialist insurance market.
Donald Trump defrauded banks and insurers as he built his empire, judge rules September 27, 2023 A judge has ruled that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House. Judge Arthur Engoron, ruling on Tuesday in a civil lawsuit brought by New York’s attorney general, found that the former president and his company deceived banks, insurers and others [...]