The Federation of European Risk Management Associations has elected Dirk Wegener, global head of corporate insurance at Deutsche Bank, as its next president.
Major financial services firms had spent nearly £4bn preparing for life after Brexit as of 31 May, according to EY.
A proposal by the Competition and Markets Authority to place targeted price caps could change pricing and marketing models and put pressure on profitability in the insurance sector, Fitch Ratings has warned.
The Financial Services Compensation Scheme has helped compensate tens of thousands of policyholders following the collapse of five unrated insurers over the past three years. Chief operating officer Jimmy Barber talks to Post on efforts to recover cash…
Lloyd’s of London has established two advisory committees featuring prominent industry figures to support its ongoing modernising strategy.
Ecclesiastical has warned of a surge in large-scale metal thefts from churches, following a major £225,000 theft from a church in Hertfordshire.
The Competition and Markets Authority could be given the power to impose fines on companies in breach of consumer law without going to court, under government proposals announced today.
Broker Network’s parent Bravo Group is set to agree an £80m loan facility with a major global bank that will spur its next round of acquisitions, beginning in the second half of 2019.
Housing developer Bellway Homes is working with insurers following a fire that destroyed 20 flats and damaged a further 10 in Barking.
Three men have been jailed after an investigation led by the City of London Police Insurance Fraud Enforcement Department found they had carried out a ‘crash for cash’ plan on a motorway slip road in Coventry.
Aviva’s plans to cut more than a tenth of its current cost base have been welcomed by analysts.
Brightside managing general agent Kitsune Associates passed 10,000 policies sold last month and is on-track to meet its first year gross written premium target, according to managing director Trevor Bowers.
Premium Credit has appointed Tara Waite as CEO, replacing Tom Woolgrove.
Insurance buyers will need to watch what they spend on insurance and potentially seek out alternative mitigation strategies if the market hardens, new Airmic chairman Tim Murray has warned.
Two out five people would make a false personal injury or medical negligence claim if they thought they could get away with it, a survey has revealed
Insurers must more clearly communicate changes in risk appetite to insurance and risk managers, the CEO of the Association of Insurance and Risk Managers in Industry and Commerce John Ludlow has said.