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Insurance Age Digital Edition: March: Technology at hand
The latest issue of Insurance Age is digital only due to the most recent lockdown.
Iprism develops unoccupied property product
The MGA said it developed the proposition in anticipation of a spike in empty properties due to post-Covid disruption.
RSA UK COR deteriorates to 101.8%
The insurer said the UK figures were “heavily impacted” by Covid-19 and, excluding the pandemic the UK COR was 95.8%, as CEO Hester reflects on group performance since 2014 and flags exit.
Axa UK & Ireland P&C COR improves to 96.2%
The provider’s 2020 results showed that, despite a fall in revenue, COR improved as P&C business in the UK reports growth in personal motor and commercial lines.
Iotatech launches policy admin platform for brokers
The proposition is also appropriate for MGAs and insurers and offers multi-line policy administration.
Ageas reports 95.2% COR
The improved position was down to lower motor claims due to the lockdown as the insurer reports growth in broker deals for household and commercial.
Some progress but still problems as Lloyd’s publishes culture survey
Since the last survey in 2019 4% of workers have witnessed sexual harassment, despite the 2020 lockdown, and just 57% feel concerns are listened to.
WTW and Liberty Specialty Markets launch reputational crisis product
The proposition enables transfer of financial risk and is powered by AI data analysis.
Zurich takes stake in MyPolicy
The provider has also joined the panel of the analytics and telematics specialist.
Eldon/Leave EU ICO fine appeals dismissed
The broker, now known as Somerset Bridge, still faces a fine of £60,000 and the Leave organisation, which campaigned for Brexit, faces a £45,000 fine.
Ardonagh makes Australian move
Resilium, a network with 150 ARs across Australia, has joined the consolidator.
Beazley launches media production contingency suite
The products are designed to protect producers against the risks that can cause films, TV and other forms of programming to be called off or delayed.
Simply Business teams up with Equipsme for health plan push
Simply Business has partnered with insurtech MGA Equipsme to allow its customers to directly purchase health insurance plans online for the first time.
Acturis develops tablet optimised app
The software house said the addition extends mobile working capabilities for its customers.
Aviva expands broker apprenticeship programme
The provider is offering a job swap or placement to participants in the programme.
Pen launches specialist fleet claims service
The proposition is designed for policyholders who transport hazardous goods.
People Moves: 1-5 February 2021
Stay up-to-date with the top personnel changes in the insurance industry.
Roundtable: Seize the day - The opportunity around digital transformation
Our expert panel discuss how the lockdown pushed them to accelerate the use of technology and explore how it may open new doors post-pandemic
Applied extends Google partnership
The move develops the software house’s access to cloud technology.
Headline makers - February 2021
The hottest stories on www.insuranceage.co.uk, the month in numbers and quotes from the biggest news stories of the month