Direct Line and More Than launch telematics products; Easy Jet adds Covid-19 cover; Sedgwick sells UK subsidiary; and Shift becomes latest European insurtech unicorn
Post wraps up the major insurance deals, launches, investments and strategic moves of the week not covered elsewhere on www.postonline.co.uk
A freedom of information request by Post to the Financial Conduct Authority has revealed the watchdog is taking an average of 129 days to make a decision on authorising firms applying for permission to trade as general insurance brokers selling non-investment insurance contracts.
The takeover by Intact and Tryg has cleared all the regulatory hurdles and should complete at the end of May, RSA confirmed as it posted a combined operating ratio of 86% for the first quarter of 2021.
The recently announced tie-up between Ardonagh Portfolio Solutions and Beazley is most immediately of interest to those with a London Market leaning. However, there are potential future implications for the UK retail market.
Sustainability is important at Allianz and by working with Kinnarps UK and Waste to Wonder Network Operations Ltd, we have been able to donate our unused office funtiure from our Liphook office closure, to important educational projects in Romania, Cameroon and in the UK. pic.twitter.com/imesMibQbz— James Burge (@AllianzUKFraud) May 4, 2021
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- Aviva slashes sick pay for long-serving staff
- Interview: Stephanie Smith, Allianz
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A ranking of the top 100 Prudential Regulation Authority-regulated UK insurance companies, with each business broken down by gross written premium, net written premium, underwriting result, retention ratio, solvency capital requirement and SCR Ratio.
Six up-and-coming claims managers, six ambitious candidates, all with one aim, to be crowned Claims Apprentice 2020. But who will be victorious?
Post, in association with Sønr, indexes the businesses driving the innovation across the market, some offering solutions to accelerate corporate activity, others paving their own futures.
Following on from Insurance Post’s Covid Casts, this new video series tackles some of the biggest issues in insurance including the future of flood insurance, mental health inclusivity, crowdfunding for insurtech, the Supreme Court business interruption ruling and whiplash protocol reaction.