Broker
Sabre mulling price increases in light of claims inflation
Sabre will raise premium prices in the second half of the year, owing to increased market-wide claims inflation.
Primary and Arch back Q3 launch of McNamee's insurtech C-Quence
Insurance investment vehicle Primary Group has today been revealed as the backer for the new digital-enabled managing general agent to be launched by former AIG UK CEO Jacqueline McNamee in autumn this year.
Autonet's Ian Donaldson on how brokers innovate
Brokers have always innovated to survive and will continue to do so, writes Ian Donaldson, CEO of Autonet and Carole Nash, explaining how technology can help cross-selling.
Covéa partners with blockchain service provider
Covéa has chosen to partner with blockchain platform Blocksure and will use it alongside its legacy systems.
This week in Post: Insurance industry captures the heart and mind of at least one Millennial
Two years ago, when I told my friends that I got a job as an insurance journalist, they were baffled. They still are.
Gallagher CEO welcomes modest rate increases as broker delivers growth in H1
Gallagher saw its net earnings climb to $3.43bn for the first half of 2018, up 27% from $3.07bn in the same period in 2017.
JLT makes plan for a no-deal Brexit scenario
JLT has said that carrying more bolt-on acquisition in the European Union is ‘entirely possible’ and that it is executing business operations in preparation for a no deal Brexit scenario.
Aston Lark eyes acquisitions as first post-merger results reveal 6% revenue growth
Aston Lark has reported a 6% revenue increase in its first set of financial results since the merger of Lark Group and Aston Scott.
Hyperion CFO to step down
Oliver Corbett will step down from his role as Hyperion CFO at the end of the year.
Legal & General makes broker appointments
Legal & General has made several senior promotions within its general insurance division, as part of its strategy to grow its broker business.
Mark Cliff to step down from Brightside
Mark Cliff will step down from his role as CEO of Brightside, as the company looks toward finding a replacement.
LV's Mike Crane on insurers and brokers leading the industry into the next generation
Insurers are going to focus more on offering an end-to-end service to brokers, predicts LV Broker's managing director Mike Crane, explaining how both professions can adapt to new technology and customer expectations.
County Group acquires first broker following GRP takeover
GRP-backed County Group has acquired a Wigan-based commercial broker as part of a plan to double its size.
This week in Post: World Cup, Wimbledon, and Westminster
With the World Cup firmly in French hands and Novak Djokovic and Angelique Kerber crowned Wimbledon champions, it’s back to work for the insurance industry with all eyes turning to Westminster.
SEIB picks up Equicover brand
South Essex Insurance Brokers Insurance Brokers has taken over £250,000 in gross written premiums from equine insurance broker Equicover’s portfolio.
Blog: Heatwave ignites fire risk for farmers
Hot dry harvest conditions are bringing risk management and insurance to the fore, writes Angus Stevens, client account director, Crawford & Company.
Blog: The new cyber and terror risks looming over schools
The September renewal period for the education sector is fast approaching, providing brokers with an opportunity to explore cover options for new and emerging risks, explains Faith Kitchen, education director for Ecclesiastical.
Price comparison disruptor prepares for several insurers to join its platform
Price comparison website disruptor Honcho has begun integrating several motor insurers onto its platform that will allow them to bid for customers.
Treasury rejects calls for greater regulation of price comparison sites
The Treasury has rebuffed calls for greater regulation of price comparison sites, after a specialist construction broker argued they were leading to under-insurance.
Debenhams confirms credit insurers have reduced cover
Debenhams has said it retains a ‘constructive relationship’ with its credit insurers as the ailing retailer has its cover reduced.
Guevara founder Anderson: incumbent insurers complicit in stalling true customer led-disruption
Despite the hype around insurtech, the barriers to entry remain high, not least because incumbents have reputational concerns that are hampering true customer-led disruption. Indeed, the likes of Lemonade have had to water down their original vision to…
Insurtechs on Tempcover's radar as it spies acquisition targets
Exclusive: Short-term insurance specialist Tempcover is actively looking for acquisition targets, and views the insurtech sector as a potentially lucrative hunting ground.
Lack of women at senior level driving gender pay gap as CII renews call for change
The insurance sector’s woeful gender pay gap statistics is a reflection of the imbalanced representation of men and women at senior levels, according to analysis from the Chartered Insurance Institute.
FSCS to pay out for claims against failed insurance and marketing intermediary
The Financial Services Compensation Scheme is satisfied that a former insurance and marketing intermediary is in default, meaning that customers will be able to apply to claim compensation.