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18.02
GRP enters into agreement to acquire Marsh’s UK Networks business
Plans to build membership, deliver growth and offer M&A opportunities to network members David Hopwood and Networks team to remain with the business Deal takes GRP’s GWP to circa £1.6bn 256 members and 400 wholesale trading partners to benefit from synergies and scale New single proposition to be branded Hedron after completion “Marsh’s UK Networks business is a superb strategic fit for GRP and will give us unprecedented growth and investment opportunities.” Mike Bruce, Group CEO, GRP
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18.02
AXA becomes the preferred business insurance provider for The Co-operative Bank’s SME customers
AXA is now the preferred business insurance provider listed for SME customers of The Co-operative Bank. Under a five-year agreement, which was signed and came into force on 8 February 2021, the bank will act as an introducer to the insurer.
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11.02
Law Tech will change civil justice, but regulation and consensus needed if it is to benefit consumers, report finds
Organisations working in civil justice will wither unless they adopt ‘LawTech,’ says a new report from the Association of Consumer Support Associations (ACSO).
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10.02
BIBA welcomes progress with announcement on design of a new scheme for cladded buildings
BIBA has been working closely with MHCLG (Ministry of Housing Communities and Local Government) on the challenges of insurance for cladded buildings and liability attaching to the EWS1 form is a key part of this. Our 2021 Manifesto stated: ‘BIBA believes Government needs to create a new temporary PI solution to unlock the delay in making residential cladded buildings safe’.
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10.02
AXA’s data academy apprentices
Following the release of AXA UK's investment in a data academy to upskill its workforce, support decision making, and enhance customer outcomes, and as its National Apprenticeship Week (8 - 14 February), here you will find three apprentices taking on the challenge of building their data analytical skillset with AXA UK and Avado.
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10.02
BIBA urges insurance market to help customers by increasing signposting
As a leading issue within its 2021 Manifesto, the British Insurance Brokers’ Association (BIBA) is calling on the industry to embed signposting to help customers better access insurance.
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09.02
IMS Launches Vehicle Data Exchange to Provide Complete Connectivity Service for Accessing Vehicle Data
IMS, part of Trak Global Group and one of the world’s top three providers of connected car data solutions to insurers, mobility operators and governments, is pleased to announce the launch of the IMS Vehicle Data Exchange, a new service which provides live, real-time access to vehicle insights and mobility data from OEM-embedded hardware and any aftermarket device, including the only one-stop solution for all aftermarket connectivity options.
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09.02
Insurance broker’s work centres around building resilience
BIBA’s 2021 Manifesto aims to improve resilience in the sector, among small businesses and for individuals.
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05.02
AXA invests in new data academy to improve customer experience
AXA UK is investing over £800,000 in a data academy to upskill its workforce, support decision making and enhance customer outcomes. Currently, 54 employees are enrolled in a data analytics apprenticeship delivered by professional learning academy Avado.
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05.02
CRU data for 2020 confirms downwards trend in injury claims. ACSO says: Insurers should hand back £35 savings now
The latest data from the government’s Compensation Recovery Unit (CRU) confirms a significant drop in injury claims during 2020. Following an FOI request, the Association of Consumer Support Organisations (ACSO), found that 172,000 injury claims were registered in Oct–Dec 2020, a drop of almost 50,000 compared to the same period in 2019. Motor injury claims, which make up the most significant proportion of claims on the database, fell to just under 140,000, a 23% year-on-year fall.
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03.02
New start-up launched to transform provision of psychological rehab for personal injury cases
handl Group today announces the launch of Mind Right, a new generation psychological services provider which aims to change how treatment is accessed and delivered by insurers and case managers.
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