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Insurance premiums for tenants waiting to have combustible material removed from their blocks of flats could fall by up to two-thirds following the launch of the Association of British Insurers’ Fire Safety Reinsurance Scheme today (March 13), according to Axa.
Almost seven years after the deaths of 72 people in the Grenfell Tower fire in London, the ABI has launched its Fire Safety Reinsurance Scheme, designed by McGill and Partners.
The scheme was
EDI has ‘positively’ impacted business operations, says CII
Insurers that have implemented EDI practices and policies have reported increases in employee engagement levels and improvements in creativity and innovation.
Could premium finance face FCA action similar to Gap?
After the Financial Conduct Authority’s Matt Brewis branded premium finance a “poor product”, Scott McGee examines whether the industry has done enough to defend this method of insurance payment or whether the regulator will soon feel obliged to take drastic measures against the practice of price fixing.
Allianz sells Premierline to the Academy
Academy Insurance Services has reached an agreement to acquire Premierline from Allianz Holdings, as it seeks to multiply the business’s Ebitda by six in five years.
Aviva will continue to set its prices “ahead of inflation”
Jane Poole, Aviva’s chief financial officer for UK and Ireland General Insurance, has said the insurer will continue to set prices before inflation in the future, after seeing “early signs” of a weakening motor market.
Insurtechs partner to tackle ‘unaffordable’ coverage for SMEs
Blip’s CEO shares how the company has partnered with Wakam to “disrupt the status quo” and offer small business insurance at competitive, easy-to-understand prices.
R;pple to expand suicide prevention tool to other harmful searches
R;pple, a tool that detects harmful searches related to suicide, will expand its reach to other harmful searches, co-founder and CEO Alice Hendy told Insurance Post.
Primera Central ‘back on the market in search of a buyer’
Sources have claimed First Central Group is looking for a buyer, after a previous attempt to sell the business failed.
Aviva’s entry into Lloyd’s opens ‘billions of pounds of business’
Jason Storah, Aviva’s managing director of general insurance in the UK and Ireland, tells Insurance Post that “there are billions of pounds of business not coming forward to Aviva” because it goes through Lloyd’s.
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