News
Pet insurance fraudster collared by the law
A finance officer at a veterinary practice, who made more than £37,000 in fraudulent pet insurance claims by editing invoices obtained from her employer, has been sentenced.
Applied Systems expands commercial lines; Value Space invests; and Avid opts for Allianz for capacity
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Briefing: Why the potential Markerstudy/Ardonagh Retail merger makes sense
As reports surface on what some have called “the worst kept secret at Biba”, why does the potential merger between Ardonagh Retail and Markerstudy make sense?
Brokers vote for regulatory stability as top desire
A period of stability with no regulatory or legislative changes topped the wish list among attendees polled at the British Insurance Brokers’ Association conference in Manchester yesterday.
Climate change activists target Biba conference
Protestors gathered outside the British Insurance Brokers' Association conference in Manchester today (11 May), calling for insurers to refuse to back the East African Crude Oil Pipeline.
FCA flags concerns about 'tick-box' approach to fair value
Insurance firms are applying a ‘tick-box’ approach to fair value assessments, according to the Financial Conduct Authority’s director of general insurance Matt Brewis.
FCA urged to tackle unacceptable regulatory burden on brokers
The Financial Conduct Authority has been urged to address the “unacceptably high” regulatory burden faced by insurance brokers.
Biba chief executive announces retirement
Steve White, chief executive of the British Insurance Brokers Association, will retire this autumn.
IPI will drive ‘transformative change’ after securing investment from Ethos Partners
IP Integration, a digital contact centre specialist, revealed how it will use an equity share investment it has received from Ethos Partners.
Movers and shakers who made Insurance Post’s Power List revealed
This year’s Insurance Post Power List provides a blueprint of what you need to do to achieve and succeed in today’s world.
Zurich’s broker club; Novidea’s $50m funding; and Gallagher sponsors women’s rugby
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Aviva aims to expand reach of personal lines
Owen Morris, managing director of Aviva personal lines, revealed plans to expand the provider’s reach beyond the “middle England heartland” the insurer is generally seen to target.
US-UK ‘Insurtech Corridor’ begins recruitment for first US cohort
Insurtechs based in the US can now join the transatlantic accelerator and gain a competitive edge to access the UK market.
Quantee eyes further global expansion after partnering with Socotra
Insurtech Quantee has partnered with Socotra to help “ease the pain” of digital transformation while it continues its global footprint.
Aviva’s Marc Lewis to leave for Ecclesiastical
Aviva's Marc Lewis has been appointed as Ecclesiastical’s UK underwriting director, Insurance Post can reveal.
CII’s Local Institute VP resigns following personal attacks
David Ross, vice president for Local Institutes, resigned from the Chartered Insurance Institute citing criticism from volunteers as the reason for his departure.
Sky UK enters insurance with smart tech home launch
Sky UK has launched itself into UK insurance by announcing the creation of Sky Protect, a home insurance product incorporating smart tech.
Ardonagh in double swoop; UK General rebrands; SRG launches in Europe
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments, and strategic moves of the week.
Unpicking the devilish details of the CII’s five-year plan
Editor’s View: Emma Ann Hughes ploughs through the Chartered Insurance Institute’s 48-page five-year strategy and seeks members of the professional body’s views on the devilish details contained in the plan.
US insurer reveals plan to expand into the UK
Florida-based specialty insurer Fortegra is redomiciling European operations from Malta to Belgium, filing for passporting rights throughout the continent plus applying for licences in the UK to write "regular property and casualty insurance products",…
Direct Line snaps up By Miles
Direct Line Group has acquired By Miles Group to bolster “digital-first journeys” for customers.
CBI exodus as insurance firms leave amid allegations
Insurance firms are leaving the Confederation of British Industry at a rate of knots. Post collects the statements of all those leaving the CBI.
Aviva partners with Cyber Cube; Zixty launches Broker Distribution; Ageas moves HQ
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
FCA tells brokers to stop paying third parties without justification
The Financial Conduct Authority expects brokers of multi-occupancy buildings to “immediately stop paying commissions to third parties where they do not have appropriate justification and evidence for doing so”.