Senior reporter, postonline.co.uk
Katie joined Post in 2013 and, since then, has covered a wide range of insurance industry issues from floods to fracking, and everything in between. Before Post she was a health reporter in New Zealand. Katie's tweets can be found at @PostKatieM.
The majority of the 170 Allianz roles put at risk due to its proposal to exit direct home and motor insurance are Bristol contact centre jobs, Allianz UK CEO Jon Dye said, with the potential withdrawal impacting 187,000 policies.
Allianz UK could withdraw from the direct home and motor markets and has entered union discussions due to approximately 170 roles that would be impacted by the move.
The Financial Conduct Authority and Prudential Regulation Authority have today published proposals aimed at improving the transparency and effectiveness of the FCA's and PRA's enforcement decision-making processes.
United Nations secretary-general Ban Ki-Moon has urged the insurance industry to "green" its investment portfolios and double its investment in clean energy to help manage the impact of climate change.
2015 was the most lethal year for terrorist violence in Europe in nearly a decade, according to research from Aon Risk Solutions, which also found one-third of all attacks in the western world since January 2015 targeted private citizens and public…
US-headquartered Arthur J Gallagher has entered into a five-year $800m (£561m) unsecured credit facility with a group of banks pegged for acquisitions.
Private equity firm Anacap has sold SME broker Simply Business to Aquiline Capital Partners, generating a return of 4.5-times its original investment in 2013.
Chicago-based RSG Underwriting Managers has launched a £20m cyber risk facility based in London.
Co-operative Insurance expects 2016 to be another loss-making year due to continuing investment in its transformation programme, as the business this week reported a £66.1m statutory loss.
A swathe of initiatives to digitise the claims process are being rolled out by insurance sector companies including harnessing 3D-printing technology and initiatives that result in settlements being paid to customers in minutes rather than days.
Former Wunelli CEO Penny Searles has returned to the market with the launch of an insurance company called Smart Driver Club Insurance, part of a membership service for motorists driving used cars.
The British Insurance Brokers' Association is urging insurers and software houses to cooperate to allow brokers to cede customers to Flood Re amid concerns its members are currently at a disadvantage to insurers' direct channels.
Property insurers will continue to include riot damage cover as standard after lobbying by the Association of British Insurers contributed to the government introducing a £1m per claim limit in the Riot Compensation Act 2016.
A £30m-capacity managing general agency targeting van and commercial vehicle business will be launched in the UK market by the founder of a claims management company.
Catastrophe data firm Perils has revised the loss to the property insurance market caused by Storms Eva and Frank to £578m from its initial estimate of £526m.