Over half of carriers expect to increase MGA capacity between...
Almost three in five (57%) of carriers are set to increase managing general agent capacity in the next two years, according to a new survey. The latest Clyde & Co...
Tag: Claims
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Claim Counts Down, Losses up for California Workers’ Comp Private...
California’s private self-insured employers reported 7.4% fewer workers’ compensation claims in 2024 than in 2023, pushing private self-insured claim frequency to a four-year low, a new report shows. However, for...
Cyber provider Cowbell hires director of claims in the UK
Cowbell, a provider of cyber insurance for SMEs and middle-market business, has recruited Kirsten Maley from CFC for the newly created role of director of claims UK. The company claimed...
Idaho Woman Sentenced for Concealing Insurance Fraud Conviction on Application
An Idaho woman was sentenced to seven-and-a-half years in prison and fined for applying for insurance coverage while concealing a prior felony conviction for insurance fraud. Elisa Hernandez was convicted...
UK motor insurers to break even this year and dip...
EY has revised its forecast for the UK motor insurance market this year suggesting insurers will break even with a net combined ratio of 100%. The figure for 2025 has...
MGA signs three year capacity deal with AmTrust
Legal expenses and specialist add-on insurance provider Alps has signed a new three-year capacity deal with AmTrust International in another tie-up with the backer. The MGA added its delegated authority binder...
Interview: Keith Hector, Covéa – Insurance Age
Keith Hector, commercial lines director at Covéa, looks to make e-trade limits more flexible, highlights “buoyant” schemes business, and teases new products as he targets £200m GWP in 2025. Speaking...
Consumer trust in insurers hits lowest point since 2021 –...
Public trust in the insurance industry has dropped to its lowest level in four years, according to the latest Trust in Insurance Index from Fairer Finance. The index, generated by...
Zurich FOIs reveal workplace theft declining
A total of 4,562 workers were caught stealing from their workplace in the last year, data released by Zurich UK has revealed. The insurer’s findings were based on Freedom of...
Ghost broker sentenced – Insurance Age
A ghost broker has been sentenced to 12-months imprisonment, suspended for 12 months with a requirement to complete 150 hours of unpaid work, after selling two fraudulent motor insurance policies...
