The UK government has outlined its latest plans for tackling flood risk, pledging £5.2bn of investment over the next six years, including £860m over the next 18 months on over 1,000 schemes across England to protect some of the most vulnerable communities.
The Tasker Insurance Group has announced the acquisition of Insure Risk, subject to FCA approval. Located in Altrincham, Cheshire, Insure Risk is a £2.5m GWP commercial broking business which Tasker believes will add further depth to Tasker Insurance Brokers in the North West bringing mid corporate capability and extending the Tasker PI capability within the region.
Lloyd’s has outlined plans for how the insurance industry will partner with critical industries to support and accelerate the transition to a low carbon economy, including the launch of new products for electric vehicles.
A knowledge gap on cyber insurance could result in mis-selling and poor customer outcomes, according to a survey by the Chartered Insurance Institute.
Emerging risk and cyber specialist underwriter CFC has announced that chief innovation officer Graeme Newman has been appointed as the company’s new CEO. Founder and current CEO, Dave Walsh, will assume the role of group CEO effective immediately, subject to regulatory approval.