Articles by Scott McGee
Zurich Japan hit by data breach with 750,000 users’ info stolen
Zurich has confirmed that it has suffered a data breach where 757,463 users have had their data stolen.
Direct Line Group shares fall off a cliff as it scraps dividend for 2022
Direct Line CEO Penny James has announced that the board "no longer expects to declare a final dividend for 2022" after a significant increase in claims as a result of the prolonged period of severe cold weather in December, causing its shares to crash.
Tribunal rules against 'lamentable' freeholder in £1.6m insurance broker commission battle
In a tribunal ruling last month, it was judged that secret insurance commissions amounting to a total of £1,638,710, including Insurance Premium Tax, were not reasonably incurred.
Q&A: Sam White, Freedom Services Group founder and chair
Sam White, founder and chair of Freedom Services Group, speaks to Insurance Post about the launch of Stella Insurance, her new female-centric venture, and what it means for her future within Freedom.
Aviva aims at continued 'double-digit' regional broker growth
Ryan Birbeck, distribution director of regional brokers at Aviva, said the firm is aiming to continue its trajectory after three years of "double digit" growth, and has pinpointed cyber as a "significant" opportunity.
FOI reveals backlog of FCA whistleblower cases dating back to 2016
A Freedom of Information request to the Financial Conduct Authority has revealed that there are still 1578 whistleblowing cases that remain underassessment, with one still open from 2016.
Interview: Simon Matson, Gallagher
Scott McGee catches up with Gallagher’s EMEA CEO Simon Matson to reflect on the broker’s expansion and how the business benefitted from a rival’s failed merger attempt
SSP no longer listed on ransom group's site
Software house SSP is no longer listed as under ransom by the Lockbit group after its ransom was reduced down from $7m to $2m.
Cardiff City FC suing broker for £10m after player death
Cardiff City Football Club is suing Miller Insurance Brokers for £10m following the 2019 death of Emiliano Sala.
ABI appoints interim replacement for Dalton
Mervyn Skeet, currently head of taxation at the Association of British Insurers, has been appointed as interim director of general insurance policy.
Should the industry fear 'sleeping giant' Amazon’s first steps into insurance?
After Amazon’s much anticipated entry into the UK insurance market fell a little short of the wow factor, Scott McGee explores the corporation’s chances at succeeding.
FCA warns insurers against undervaluing written off cars
The Financial Conduct Authority has seen evidence of insurers offering consumers whose cars have been written off a price lower than the vehicle’s fair market value.
GRP acquires Flint; Volt partners with Laka; Premfina appoints chairman
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
SSP hit by cyber security breach and $7m ransomware demand
Software house SSP has suffered a cyber security breach by the Lockbit ransomware group, affecting its internal network and systems.
Q&A: Chris Rolland, All Clear
Chris Rolland, CEO of All Clear, speaks to Scott McGee about how it used the Covid-19 pandemic as an opportunity to invest, while other firms scaled back investments, and how keeping communication regular ensured that customers came back when travel was…
Tony Sault leaves EY
Exclusive: Tony Sault, UK and Ireland market leader of general insurance at EY has left after 17 years at the company.
'Off the shelf' products and 'ridiculous' coverage components driving up insurance prices: Aurora's Finn
Aurora, a digital commercial insurance platform for micro, small and medium-sized businesses, has gone live with the launch of its initial offering.
BI claims roll on as law firm builds new case against Allianz
Law firm Mishcon de Reya is appealing for Allianz policyholders to come forward and join a group action lawsuit against the insurer in a new Covid BI claims case.
Analysis: Amazon enters UK insurance not with a bang, but with a whisper
Amazon’s entry into UK insurance has been talked about for years. Has the announcement of the Amazon Insurance Store satisfied the industry-built expectations?
Stubben Edge and Helodrium join forces; Specialty MGA UK launches in London; PIB appoints group CFO
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Amazon partners with three insurers to launch home and contents ‘Insurance Store’
Amazon has partnered with Ageas, Co-op and LV to launch the Amazon Insurance Store, offering home and contents insurance to UK customers.
Allianz poaches mid-market boss from Aviva in further commercial reshuffle
Allianz Commercial has appointed Aviva’s David Carey into the newly created position of managing director of mid-market.
Mark Steward to step down from the FCA
The FCA’s executive director of enforcement and market oversight will leave the regulator in spring 2023 after seven years.
Judge hands insurers win in ‘far from conclusive’ Stonegate, Greggs and Various Eateries BI cases
Justice Butler, one of the two judges on the FCA test case last year, has handed insurers a win today when passing down judgment on the three cases relating to the Covid-19 business interruption losses of Stonegate, Greggs and Various Eateries.