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2 weeks ago | 
insurancetimes.co.uk | Yiannis Kotoulas
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2 weeks ago | 
insurancetimes.co.uk | Yiannis Kotoulas
’Small, low value drones can perform a pretty high level of professional services at a fraction of the cost of what you would have had to do previously,’ says head of classUnmanned aerial vehicles – now known onomatopoeically as drones for the low hum their electric motors produce – are big business.
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2 weeks ago | 
insurancetimes.co.uk | Yiannis Kotoulas
’Small, low value drones can perform a pretty high level of professional services at a fraction of the cost of what you would have had to do previously,’ says head of classUnmanned aerial vehicles – now known onomatopoeically as drones for the low hum their electric motors produce – are big business.
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2 weeks ago | 
insurancetimes.co.uk | Yiannis Kotoulas
’Small, low value drones can perform a pretty high level of professional services at a fraction of the cost of what you would have had to do previously,’ says head of classUnmanned aerial vehicles – now known onomatopoeically as drones for the low hum their electric motors produce – are big business.
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3 weeks ago | 
insurancetimes.co.uk | Yiannis Kotoulas
’It wasn’t that long ago that the insurance industry came together to tackle major personal lines fraud, so it should be easy to do it again,’ says executive directorThe insurance counter-fraud sector finds itself in an interesting moment.
Fraudulent activity is on the rise as a whole, with the latest ABI stats from September 2024 showing that, in 2023, the cost of fraud had increased 4% year-on-year to reach £1.1bn.
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3 weeks ago | 
insurancetimes.co.uk | Yiannis Kotoulas
Insurance Times talks to Milliman’s consulting actuary about his strong performance in Fantasy Football this season Gameweek 30 begins next Tuesday with a selection of evening fixtures, including Arsenal versus Fulham and champions league chasers Nottingham Forest versus Manchester United.
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3 weeks ago | 
insurancetimes.co.uk | Yiannis Kotoulas
’With both having experience of Allianz and, more importantly, extensive expertise in their areas, I am convinced that they will contribute to the company’s continued success and innovation in the insurance sector,’ says interim managing directorAllianz UK has made two c-suite appointments to it commercial arm, with Adam Lloyd joining as chief underwriting officer (CUO) and Claire Buck joining as chief technical officer (CTO).
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4 weeks ago | 
insurancetimes.co.uk | Yiannis Kotoulas
Last year ’was a coming of age for Ardonagh,’ says group chief executiveThe Ardonagh Group has posted income of £1.57bn ($1.98bn) in its full-year 2024 results, representing a year-on-year uplift of 24% from £1.26bn ($1.59bn) in 2023.
The broker also achieved a 31.2% increase in its adjusted earnings before interest, tax, depreciation and amortisation (ebitda) – rising from £413m ($521m) in 2023 to £542m ($683m) in the 12 months ending 31 December 2024.
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1 month ago | 
insurancetimes.co.uk | Yiannis Kotoulas
’These are challenges to immediately start thinking about solving – because that’s where the winners and losers in auto insurance will be defined,’ says chief executiveInsurance firms operating in the motor market must “develop a plan” for the transition to a society with more and more autonomous vehicles if they want to remain in business long-term.
That was according to Sten Saar, chief executive at motor Insurtech Zego, who spoke this morning (20 March 2025) at Insurtech Insights.
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1 month ago | 
insurancetimes.co.uk | Yiannis Kotoulas
‘We must work together to create connected platforms where friction is not tolerated and the customer experience is paramount,’ says management board memberThe technologically-integrated insurance sector of the future has the opportunity to become “not just a contract stuck in a drawer, but a living, breathing companion” to customers.
