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09.06.26 - 09:06
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Vitesse Names Richard Reggel as Chief Commercial Officer for Europe (Business Wire)
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LONDON--(BUSINESS WIRE)--#Insurance--Vitesse, the financial infrastructure connecting the global insurance ecosystem, today announced the appointment of Richard Reggel as Chief Commercial Officer for Europe. The hire follows a year of significant momentum for the company, which has seen customer growth of 40% year-on-year, with nearly 600 customers now active on the platform, spanning global carriers, Lloyd's market participants, MGAs, TPAs, and brokers.
Richard joins from Verisk, where he spent 12 years building deep expertise across the London Market, most recently as Chief Commercial Officer for Verisk Specialty Business Solutions, leading commercial strategy across Sequel, Whitespace and Morning Data at the intersection of insurance, technology and data.
Phil McGriskin, CEO of Vitesse, said: "Richard has extensive London Market experience and is very well-connected. He has spent over a decade working with the insurers, MGAs and brokers navigating exactly the problems we exist to solve, from clai...
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06.06.26 - 10:30
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′I′m down to one option′: bank customers left frustrated by latest closures (The Guardian)
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Apps intended to replace branches have been hit by outages, as a poll finds most Britons want high street servicesWith its windows blanked out, a poster pinned to the door of the Staines branch of Lloyds Bank tells its customers they can do their “everyday banking with our mobile banking app”.But not today. On Wednesday, when the Guardian visited Staines, they wouldn't have got very far because the Lloyds group was battling an IT outage that left thousands of its customers unable to make payments or send money. Continue reading......
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03.06.26 - 17:00
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Lloyds customers unable to make payments due to IT glitch (The Guardian)
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Bank apologises after IT update caused problems with Lloyds, Halifax and Bank of Scotland appsLloyds Banking Group has apologised after thousands of its customers were unable to make payments or send money due to another IT glitch.According to Downdetector, a website that lets people track real-time service issues and outages, customers started noticing problems shortly after 11am on Wednesday, with issues affecting many of the group's brands: Lloyds Bank, Halifax, Bank of Scotland, Scottish Widows and MBNA. Continue reading......
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28.05.26 - 22:12
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Universal′s Insurance Subsidiaries Complete 2026-2027 Reinsurance Program (Business Wire)
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Successfully secured a combined UPCIC and APPCIC catastrophe reinsurance program with no material changes to historical reinsurance partners or terms and conditions.
Added $352 million of multi-year coverage, extending through the 2027-2028 treaty period, most of which sits below the FHCF attachment point.
The largest private reinsurance participants all maintain a rating from AM Best of 'A' or higher (Nephila Capital/Markel, RenaissanceRe, Munich Re, Chubb Tempest Re, Ariel Re, Everest Re and Lloyd's of London syndicates).
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Universal Insurance Holdings, Inc. (NYSE: UVE) (“Universal” or the “Company”) today announced the completion by Universal Property & Casualty Insurance Company (“UPCIC”) and American Platinum Property and Casualty Insurance Company (“APPCIC”), the Company's wholly-owned insurance company subsidiaries, of their combined 2026-2027 reinsurance program, effective June 1, 2026.
“We are pleased to announce the completion of the 20...
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22.05.26 - 17:12
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′Everyone is proud of it′: dismay in Halifax at Lloyds′ threat to historic brand (The Guardian)
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The bank, formerly a building society, has carried the name of the Yorkshire town since 1853 and most locals think it should be preservedOn a moody afternoon, near the sandstone terraces of Halifax's Gibbet street, David Glover, a local historian, is opening the gates to Lister Lane cemetery.Usually closed to the public, the burial ground is being opened today as an exception. Because here, among towering spires and the tombs of wealthy industrialists, lie the founders of one of West Yorkshire's most famous exports: Halifax building society. Continue reading......
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19.05.26 - 17:45
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FurtherAI ernennt Tom Bradley zum Leiter der Expansion in Großbritannien und der EU (Business Wire)
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SAN FRANCISCO & LONDON--(BUSINESS WIRE)--FurtherAI, die speziell für die Versicherungsbranche entwickelte KI-Plattform, gab heute die Ernennung von Tom Bradley zum Leiter der Geschäftsaktivitäten in Großbritannien und der EU bekannt. Dies ist ein bedeutender Schritt in der internationalen Expansion von FurtherAI, da das Unternehmen damit eine lokale Präsenz in einem der weltweit wichtigsten Versicherungsmärkte aufbaut.
FurtherAI arbeitet bereits mit führenden Partnern in Großbritannien zusammen, und die Ernennung von Tom Bradley wird es dem Unternehmen ermöglichen, diese Beziehungen zu vertiefen, ein lokales Team aufzubauen und die schnell wachsende Nachfrage von Versicherern, MGAs und Maklern auf dem Lloyd's-Markt und in der gesamten Region zu bedienen.
Ein Markt, der sich im Bereich KI rasant entwickelt
Der Lloyd's-Markt und das breitere britische sowie europäische Versicherungsökosystem setzen KI in einem Tempo ein, das noch vor zwölf Monaten kaum jemand vorhergesehen hätte. Von Einreich...
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