Keep up with what has been happening this week in our latest insurance news round-up…
New medical officer has been appointed at Legal & General
Legal & General has appointed Dr Tarun Gupta as their new medical officer where he will provide medical opinion on complex group risk cases and clinical issues.
Davies Group acquires Northshore International
Davies Group, a UK-based firm aims to expand to the US insurance market with their new acquisition of Northshore International Insurance Services, a provider of audit, management, and consulting services.
PIB Group has announced their first acquisition of 2021
PIB Group has acquired UK & Ireland Insurance Services Ltd (UIIS), a Manchester-based independent broker which specialises in providing insurance for the construction industry.
Global Health Insurance applications soar after Brexit
Brexit has cause applications for the Global Health Insurance Card to soar and overwhelm the NHS department that provides health insurance cards for overseas travel.
University of Cambridge appoints new insurance broker
The University of Cambridge has name Gallagher as their insurance broker where the firm will oversee the university’s insurance and risk management needs.
UK may experience double-dip recession as GDP falls 2.6%
After six consecutive months of GDP growth, the monthly gross GDP fell in November by 2.6% after new Covid-19 restrictions have been put in place by the government.
Over half of insurers focussing on digital transformation due to the pandemic
It has been predicted that the insurance industry will have to continue and change to adapt to a more digital approach after the Covid-19 pandemic has cost the global insurance industry an estimated $203B.