The directors of Policyplan and in-administration Staveley Head paid £10m in total dividends to new parent company Gelert Group in 2019.
In the closing statements of the Independent Inquiry into Child Sexual Abuse proceedings insurers were accused of profiting from limitation law and withholding payments even when convictions were made, as survivors urged for changes to the law and a…
Managing general agent Staveley Head, known to have used Gefion and Qudos capacity, has entered administration.
Ecclesiastical faces fresh allegations of unethical treatment as case of ‘suicide watch’ claimant comes to light
Exclusive: Ecclesiastical’s CEO Mark Hews is being called upon to ‘put his house in order’ after experts have been left shocked and appalled at the ‘unethical’ practice of desktopping an abuse victim on suicide watch labelling it ‘shameful’ and ‘very…
Insurers have ramped up lobbying attempts to convince the government to slice the rate of Insurance Premium Tax. Post investigates why they may well have good reason to be worried it could be cranked up the other way.
Microsoft’s data breach, which saw details of a reported 250 million customers made available online, could leave insureds facing knock-on phishing attempts and the tech giant facing a fine.
Troubled unrated Danish insurer Gefion has seen its 2018 solvency ratio plummet after it was forced to restate accounts.
As the number of confirmed Novel Coronavirus cases hit 2014 yesterday, businesses have been advised to make sure they factor the virus into their risk plans.
Insurers need to make further efforts to focus on the customer and build trust if they are going to address the $1.2tn (£920bn) global protection gap, a conference heard.
The Institute and Faculty of Actuaries is appealing against an employment tribunal ruling that ordered it to payout nearly £38,000 to a Zurich employee, Post has learned.
John Titchener, group compliance director for Ecclesiastical, will retire later this year.
180 LV staff faced redundancy as a result of the Allianz commercial business transfers, with around nine in ten (90%) having found roles elsewhere.
Danish unrated insurer Gefion cannot enter new lines of business or branch out into further territories until it can meet its solvency capital requirement, the regulator has ordered.
Several “significant” key risks of harm have been highlighted by the Financial Conduct Authority in an update to insurer boards.
Insurance firms must be proactive in tackling “unhealthy” culture issues and misconduct, the Financial Conduct Authority has warned CEOs.
Pet insurance insurtech Bought By Many has engaged with a number of larger funds as it edges towards a Series C fundraising round in the coming months, CEO Steven Mendel told Post.