Hundreds of customers have been unable to secure premium finance after the UK’s largest provider saw its services go offline following a “cyber incident”.
Scor’s leadership has been accused of “gross negligence” over its rejection of a takeover bid from Covéa.
Ex-footballer and England captain David Beckham will become the global ambassador for pan-Asian life insurance firm AIA Group.
The offices of insurtech firm Brolly were broken into, and £15,000 of computers, tablets and phones were stolen.
Carlyle Group has bought claims firm Sedgwick for $6.7m, the company announced, confirming earlier reports.
Charles Taylor saw H1 pre-tax profits fall 95% on the back of one-off restructuring costs.
Insurers will not be required to pass on savings from whiplash reform to customers, but they will have to report what those savings are.
Claims firm Sedgwick could be snapped up by private equity group Carlyle for $6bn, it was reported.
Exclusive: The losses surrounding the Primark storefront fire in Belfast could be “double or triple” the initial estimates of £30m, sources involved in the claim said.
Insurers have welcomed rules aimed at limiting claims management companies from calling vast swathes of the population.
Former QBE CEO John Neal will take over the role of Lloyd’s CEO next month, the Corporation confirmed.
The controversy over the proposed Civil Liability Bill has centred on whether the changes represent a good deal for consumers or for the insurers.
Sabre’s largest shareholders will sell their remaining £116.4m stake in the company, nine months after the company went public.
One in 10 brokers plan to leave the industry in the next year, yet almost 90% do not have a succession plan in place.
Esure is looking for a digital-savvy CEO from outside the industry, who will lead a transformation programme when Bain Capital takes ownership at the end of the year.
UK policyholders with failed Danish insurer Alpha have been provided alternative cover via the guarantee scheme.