Broker
Week in Post: Are further Swinton branch closures a sign of the times?
I have never bought insurance from a high-street broker. In fact, I know very few people my age who have.
Rising star: Daniel Whitfield, Swinton
Whitfield started as a broker liaison underwriter in 2005 and is now a customer service associate at Swinton
Ageas UK eyes further restructuring to drive profit growth
Ageas will continue to restructure its business even as the company is set to return to an underwriting profit for the remainder of the year.
Call Connection administrators attempting to recover money from former boss
Exclusive: The joint administrators of failed insurance lead generator Call Connection are attempting to recover money owed by its former boss and founder.
North Korea, Brexit and trade protectionism top 2018 political risks list
The North Korea missile crisis, Brexit negotiations, and trade protectionism are among the top political risks threatening multinational businesses in 2018, according to Marsh.
Cyber Research 2018: The findings
Cyber has come a long way in the past 70 years, yet its meaning has essentially remained the same: it still encompasses the notions of control and communication. Post, in association with Cyberscout, surveyed the insurance market and consumers to find…
Cyber Research 2018: Cyber insurers will live and die on claims experience
As the cyber insurance market grows, a specialised process to support cyber claims could make or break insurers. Tom Spier, director of international business development at Cyberscout, reveals how insurers are doing in this market.
Interview: Mark Searles, AUB Group
Since packing up his life in London and flying half way across the world to Australia, Mark Searles, CEO of AUB Group, has transformed a broker into the leading equity-based broking, risk management, advice and solutions provider in Australasia.
Seventeen Group acquires high-net-worth broker
Seventeen Group has acquired East Sussex-based Rupert Burgoyne Limited for an undisclosed sum.
Zurich begins new initiative aimed at partnering with 'innovators'
Zurich has launched a new initiative in order to enter partnership with innovative companies and embed technology into its business.
FCA calls for industry input on regtech
The Financial Conduct Authority has called for input on the use of technology to ease regulatory reporting.
Irish regulator forces CBL Insurance Europe to close shop
The Central Bank of Ireland has ordered CBL Insurance Europe to cease writing business with immediate effect, until further notice.
Clear buys Robert Alexander and eyes further deals in 2018
Clear Insurance Management has bought New Malden-based broker Robert Alexander.
68% of homeowners think it’s acceptable to omit application information
Over half of UK homeowners believe it is acceptable to omit or adjust information in their application to keep their insurance premiums low, according to survey findings.
This week in Post: Funding, fraud and finding life after Brexit
This week, the insurance industry received the news that the government’s controversial whiplash reforms are likely to be put into effect in April next year.
Commercial broker Proaktive completes £2m MBO
Commercial broker Proaktive Risk Group has completed a £2m management buy-out backed by debt funding from Mercia Fund Managers.
Liiba and EY publish report to address Brexit uncertainty
The London and International Insurance Brokers’ Association and EY have published a report to address uncertainty regarding the ability of intermediaries to place and service European risk from the UK post-Brexit.
Starling Bank launches app-based platform for insurtech partners
Start-up Starling Bank has named insurtech firm Kasko among the first wave of financial services partners whose products will be available through its in-app Marketplace.
Nexus snaps up Apsley Specialty
Nexus Group has acquired Lloyd's coverholder Apsley Specialty.
Insurtech Policy Castle seeks £1m in investment as it looks to grow
Insurtech start-up Policy Castle has become the latest venture to seek funding, with a stated ambition to raise £1m.
Analysis: Zoo insurance: A walk on the wild side
Zoo insurance is a niche market, with only a few underwriters and brokers, all very much focused on managing a ferocious variety of risks for visitors, staff and animals
‘Tidal wave’ of alternative capital to disrupt reinsurance market: Aon CEO
Reinsurance renewal rates were beaten down on 1 January by alternative capital markets, Aon Benfield’s CEO said, warning they are poised to be a major disrupter against traditional reinsurance in future.
Ex-Axa director sets up insurtech MGA for SME market
Ex-Axa boss Matthew Reed has launched an insurtech MGA targeted at SMEs.
This week in Post: Results, rumour and regulation
This week the results season well and truly got underway with big names in the UK’s insurance sector reporting back to market on how they fared over 2017.