Articles by Harry Curtis
Underinsurance among the risks for increasing number of stockpiling businesses
More than one in five employees say their employers are stockpiling as a contingency against Brexit-related disruption, with these businesses at risk of being underinsured unless they ensure their cover is brought into line with the value of their…
Court hears defendants' opening statements in Gallagher vs Ardonagh trial
The legal dispute between Gallagher and Ardonagh continued today, with lawyers for the defendants concluding their opening statements.
Interview: Clive Nathan, Global Risk Partners
Clive Nathan joined Global Risk Partners as its underwriting CEO, overseeing the consolidator’s managing general agent division, in April last year.
Gallagher alleges Ardonagh carried out 'carefully planned conspiracy' to poach employees
The departure of a number of employees from Gallagher subsidiary Alesco in 2017, who went on to join an Ardonagh energy division, was “the product of a carefully planned conspiracy”, Gallagher will claim.
Argo Global appoints EMEA CUO
Argo Global has appointed Alfredo Alonso as chief underwriting officer for Europe, the Middle East and Asia.
Insurers call for removal of obstacles to investing in green projects
The Association of British Insurers has called on the Prudential Regulation Authority to tackle obstacles to insurers investing in greener assets, such as renewable energy.
Axa reshuffles management following COO arrival
Axa has restructured the responsibility portfolios of its management committee, following the arrival of Shali Vasudeva as chief operating officer in January.
Bosses could be sued for lack of Brexit preparation
Company directors could face legal action if they fail to prepare adequately for a no-deal Brexit, with limitations to directors and officers cover meaning they could find themselves personally liable.
Aviva prepares for further claims inflation in 2019
Aviva’s UK business is anticipating pricing increases in 2019 as a result of non-weather claims inflation.
Aviva sees profit increase as new CEO takes the helm
Aviva has posted a modest profit growth for last year, even as it warned of a "muted" year ahead for the business.
Analysis: Why are insurers hiring in-house loss adjusters?
Insurers are increasingly hiring teams of loss adjusters to handle claims in-house, rather than outsourcing to a third-party firm. Post looks at this trend and whether it represents part of an established cycle
Lloyd's Brussels secures post-Brexit licence for Monaco
Lloyd’s Brussels has gained authorisation to continue writing insurance and reinsurance risks in Monaco following the UK’s planned exit from the European Union on 29 March.
Generali Italia to invest €300m in growth
Generali Italia has launched a three-year growth strategy that will see the company invest €300m (£258m) in its own business, with a renewed focus on digital and tech-driven services and prevention.
Court sets date for Gallagher vs Ardonagh dispute
A court has set a date for the first hearing in the alleged staff poaching dispute between Gallagher and Ardonagh.
RSA suffers £43m underwriting loss in second 'disappointing' year
RSA UK & International have announced a second consecutive year of UK losses, recording an unprofitable combined operating ratio of 101.4%.
RSA appoints Charlotte Jones as new CFO
RSA has appointed Charlotte Jones as its chief financial officer, replacing Scott Egan.
Pool Re launches first terrorism cat bond
Pool Re, the UK’s state-backed terrorism reinsurer, has launched the first ever catastrophe bond to exclusively cover terrorism risk.
Lloyd's syndicate-backed insurtech launches
Lime, a new life insurtech targeting what it calls a “protection gap” in the UK, has launched.
QBE Europe sees profit dip
QBE Europe has seen its profit dip slightly even as it grew premium.
German lawmakers give regulator power to extend passporting for 21 months
Germany has adopted preliminary provisions, which could see the passporting rights of UK financial institutions, including insurers, temporarily extended in the event of a no-deal Brexit.
Theft of funds claims increase by 14% in UK
The number of claims for social engineering scams such as funds transfer fraud rose globally in 2018, according to claims data released by CFC Underwriting.
FCA gives wholesale broking market a clean bill of health
The Financial Conduct Authority has closed its market study of wholesale insurance brokers, saying it had “not found evidence of significant levels of harm that merit the introduction of intrusive remedies”.
Former Lloyd's chairman Sir David Rowland passes away
Lloyd’s has confirmed Sir David Rowland, its chairman from 1993 to 1997, has passed away at the age of 85.
PIB acquires Irish MGA Optis
PIB has acquired Irish managing general agent, Optis Insurances, as part of its European growth plans.