Martin Croucher
News editor
Martin was News Editor at Post from 2016 to 2019.
Prior to that he worked as a reporter for The National in Dubai, covering the financial crisis and the Arab Spring.
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Articles by Martin Croucher
Government sets out insurance framework for driverless cars
The government will set out a framework this week for insurance for driverless cars, a move that has been welcomed by insurers.
Kwik Fit closure hits Ageas with £23m restructuring bill
Ageas faces a bill of £23m in restructuring costs owing to the closure of its Kwik Fit business in Uddingston.
GRP expands regional presence with Higos acquisition
Global Risk Partners will acquire commercial and personal lines broker Higos Insurance Services for an undisclosed sum.
FSCS refunds 75% of Enterprise customers
Three out of four former policyholders of Enterprise have been compensated by the Financial Services Compensation Scheme.
Munich Re sees profits slip owing to major losses
Munich Re has seen full year profits decline by 16% owing to storm and earthquake claims in the last quarter.
Ten more insurance firms join Blockchain pilot
Ten more insurance companies have joined a pilot scheme to test the impact of Blockchain on the industry.
Motor premiums will ‘inevitably’ rise owing to discount rate changes
Motor premiums will “inevitably” rise again owing to potential changes to the discount rate, insurers have warned.
Steve Wood to leave Paymentshield as Towergate ‘consolidates’ business
Steve Wood has left Paymentshield as its CEO as Towergate moves to “consolidate its executive structure”.
Government to rule on personal injury role of CMCs
The government is set to decide whether claims management companies are allowed to continue operating in the personal injury sector.
Market restructuring results in 1000 jobs lost over last three months
More than 1000 jobs have been placed at risk over the last three months owing to business restructuring across the market.
ABI calls for changes to ‘flawed’ Solvency II risk margin
Insurers have submitted a request to the regulator for changes over a “flawed” portion of Solvency II.
QBE denies £12.1bn Allianz takeover bid
QBE said there was “no basis” to reports it is in talks on a £12.1bn takeover bid from Allianz.
Towergate vows to ‘drive out inefficiency’ with £40m investment
Towergate will spend the majority of the £40m it will raise through a rights offering on “driving out inefficiency”.
Towergate to receive fresh investment from shareholders
Towergate will receive £40m in additional investment through a rights offering.
Generali: We won’t use chat bots to deflect angry customers
Generali is trialling chat bots for “bureaucratic” tasks, but the company’s head of global claims said it wouldn’t be appropriate to use the technology to deal with angry customers.
Smart homes could pave way for Blockchain-enabled insurance
Smart homes fitted with sensors could trigger automatic claims payments, a conference heard.
Beazley handled 2000 data breaches last year
Beazley managed nearly 2000 data breaches for its clients last year, with a third of those breaches from hacking or malware.
European insurers hoping to emulate UK’s ‘aggressive’ fraud data sharing regime
Half of insurers in Europe that don’t currently share information with competitors on fraud wish to do so, according to a survey.
Telematics firm Kroodle looks to high risk customers of parent Aegon
Dutch insurer Aegon is using its start-up telematics provider Kroodle to improve driving performance of customers with high claims volumes.
Allianz warns over role of data for semi-autonomous cars
Allianz has called for data recorders in semi-autonomous vehicles, in order to determine potential driver error in cases of an accident.
FCA: Consumers overpaying £108m a year in ‘poor value’ add-ons
The Financial Conduct Authority said customers may be overpaying £108m every year in insurance add-ons, with sometimes less than 10% of retail premiums for add-ons paid out in claims.
Former Bluefin co-founder launches Vizion Insurance Brokers
Former Bluefin co-founder Chris Blackham and ex-Chubb high net worth boss John Sims have launched a new business, Vizion Insurance Brokers.
Brokers hit by second SSP outage in less than a week
Brokers using SSP now face a second outage in the space of less than seven days.