Insurance POST
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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
FCA urged to speed up broker authorisations with approvals taking 121 days
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.
RSA confirms takeover regulatory approval and posts best COR in a decade
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.
Latest
Analysis
Editor's comment: Proving its resilience
With May comes the market staple of the British Insurance Brokers’ Association conference, albeit in a slightly different virtual guise. Our thoughts therefore turn to the broking sector and what the impact of the last 12 months have been on it.
Analysis
Briefing: Tracking the Ardonagh Portfolio Solutions and Beazley deal
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.
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sustainability
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
Most read
- British Insurance Awards 2021: Shortlist Revealed
- 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
- Spotlight: Claims - Selecting the right TPA partner
- Advertising feature: Giving the sales process the human touch is paramount post-Covid
- Aviva slashes sick pay for long-serving staff
- Interview: Stephanie Smith, Allianz
- Direct Insurance restructures and rebrands as Aventum ahead of hitting acquisition trail
Special Projects
The Top 100 UK Insurers 2020
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.
Claims Apprentice 2020
Six up-and-coming claims managers, six ambitious candidates, all with one aim, to be crowned Claims Apprentice 2020. But who will be victorious?
The Top 100 Insurtech firms 2020
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.
Fully Comp Video Series
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.
People & Comment
Editor's comment: Proving its resilience
Blog: Behind the scenes of lottery risk
RSA's Rob Flynn on embracing the SME evolution
Blog: The insurance-linked securities education gap
Blog: Legal expenses insurance in a post-reform world
Trade Voice: ABI’s James Dalton on insurers adapting to the new normal
Briefing: Abrdn or Aberdon’t
Interview: Sean McGovern, Axa XL