Articles by Jen Frost
SSP 'communicating' with brokers after disruption
Software house SSP has confirmed that an incident that left some brokers unable to log in on Wednesday has been fixed.
Covid wedding claimants could have lost out due to 'misleading information'
Exclusive: Wedding insurance customers of UK General and Great Lakes may have been supplied “misleading information” leading to a reduction in Covid-19 claim payouts or preventing them from claiming.
Stephen Hester takes wing to Easyjet after RSA sale
Former RSA group CEO Stephen Hester will become Easyjet chair later this year.
ABI publishes child sexual abuse claims code in response to inquiry
The Association of British Insurers has this month published a code of conduct for insurers handling child sexual abuse claims, following criticism of tactics by an inquiry.
Briefing: Sky is a smarter home for ex-insurtech Neos
Whether the purchase represents an insurance play or not, Sky should present a good fit for smart home no-longer-insurtech Neos.
FCA yet to fully investigate more than half of Covid whistleblowers’ reports
Exclusive: The Financial Conduct Authority has yet to close investigations into more than half of the reports made by Covid whistleblowers in the first year of the pandemic, with general insurance businesses among firms that have faced allegations.
Briefing: Amazon’s insurance play is not the bold move we’ve been waiting for
Amazon’s latest insurance foray won’t move mountains or topple dynasties – but bold isn’t always best.
Analysis: Inside two years of insurance data breach reports
Exclusive: Insurers, brokers and other firms within the industry have made 315 data breach reports over two years, with many of the best known businesses in UK insurance among those to notify and cyber a growing concern.
FCA looking into Besso ‘secret profits’ allegations
The Financial Conduct Authority’s supervision team has sought further documents relating to a hotel group’s $10m “secret profit” allegations against Besso, Post understands.
Lloyd’s hit with second green paint attack
One person has been arrested after throwing green paint at Lloyd’s Kent offices, with Insurance Rebellion claiming responsibility.
Aon expects $350m of extra costs after WTW deal termination
Aon expects additional charges of up to $400m (£288m) from the cancelled Willis Towers Watson deal.
Analysis: Insuring NFTs
Non-fungible tokens have soared in value and popularity but insurance protection for the digital assets remains up in the air.
Aon share price soars as WTW and Gallagher’s dip after mega-deal termination
Aon’s share price rose as its mega-merger with Willis Towers Watson was terminated, while its deal partner and rival Gallagher’s fell.
DLG to take Motability deal and 550 staff from RSA
RSA Motability staff are set to transfer over to Direct Line Group with the latter having agreed a takeover of the partnership.
Hiscox CEO Bronek Masojada to retire as insurer names successor
Hiscox CEO Bronek Masojada, who has been in post for 21 years, intends to retire at the end of the year.
Neil Utley and Matthew Donaldson take directorships at Markerstudy business Venus
Former BGL boss Matthew Donaldson and ex-Hastings chairman Neil Utley have taken on directorships in a Markerstudy company, Post can reveal.
FCA pledges more accountability after recent parliamentary criticism
The Financial Conduct Authority committed to becoming a more ‘innovative, adaptive and assertive regulator’ as it published its annual business plan.
Gallagher confirms personal data accessed in cyber attack
Gallagher is notifying “potentially affected” individuals and entities after an investigation showed systems affected by last year’s cyber incident held medical information, credit card information and more.
Analysis: The CMCs out of scope
When the Financial Conduct Authority took over claims management company regulation in 2019, it fired warning shots at the sector. Should the regulator’s remit be widened to cover those firms that don’t come under its surveillance?
Sky takes majority Neos stake from Aviva
Exclusive: Sky UK has taken a significant stake in smart home insurtech Neos from Aviva.
Scor and Covéa ink truce bringing bitter feud to an end
Covéa and Scor have signed a settlement agreement that will see all legal action between the two dropped.
By Miles strikes £5m agreement with Silicon Valley Bank
Exclusive: Pay-per-mile motor insurtech By Miles has agreed a £5m loan facility with Silicon Valley Bank.
Activist investor Cevian Capital takes 4.95% Aviva stake
Swedish investment firm Cevian Capital Partners has confirmed it now holds a 4.95% stake in Aviva.
French regulator sees no evidence of Scor share price abuse
The Authorité Des Marchés Finances has been unable to substantiate price manipulation allegations made by Covéa against Scor.