
Articles
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1 week ago |
insurancetimes.co.uk | Harry McNeil
Insurer’s head of technology emphasises that AI is ’a tool to enhance existing practices’, rather than act as a replacement for current people and processesArtificial intelligence may drive change across the UK general insurance market, but this is no revolution. Rather, it marks a shift in mindset, an adjustment in tools and a sharpening of strategy.
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1 week ago |
insurancetimes.co.uk | Harry McNeil
‘A refreshed and expanded reinsurance offering is an important element of Westfield Specialty’s long-term strategy for growth,’ says chief executiveWestfield Specialty International has launched a new reinsurance division and appointed Chris Gray as its divisional director. Westfield said that a ”refreshed and expanded reinsurance offering is an important element” of its long-term strategy for growth and that Gray “is the person to deliver that for our business”.
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1 week ago |
insurancetimes.co.uk | Harry McNeil
’We recognise that major international investors want easier access to us and having a presence in these key regions will help achieve that,’ says executive directorThe FCA has announced that it will establish a presence in the US and Asia-Pacific (APAC) regions for the first time. The regulator has made the move as it looks to promote UK financial services internationally, a commitment outlined in its 2025 to 2030 strategy. As part of the expansion, two appointments have been made.
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1 week ago |
insurancetimes.co.uk | Harry McNeil
’His appointment is an important step forward as we look to move to the next level in our development,’ says managing directorAcres Insurance Brokers has announced the appointment of Joel Vincent as area lead for Lincolnshire and South Yorkshire. Vincent joined the broker in February 2025 and brings with him nearly two decades of experience in farm, estate and commercial insurance.
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2 weeks ago |
insurancetimes.co.uk | Harry McNeil
’It is a market that has experienced challenges, ranging from a lack of customer understanding around the product, to the regulator’s focus on fair value and low levels of utilisation,’ says managing directorAddept Insurance Services has announced the launch of its first suite of legal expenses insurance (LEI) products.
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