Broker
Peter Staddon joins Trilogy MGA as NED
Trilogy Managing General Agents has appointed Peter Staddon as a non-executive director, effective immediately.
Decreasing claims from older collapses outweigh costs of recent failures to the FSCS
The cost of compensating customers of failed general insurance companies through the Financial Services Compensation Scheme fell 14% to £146.4m in the year to 31 March 2020.
Blog: Rebalancing the BI bad publicity - how insurers can rebuild public trust with positive PR messaging
Delays in comment sign off to interference in influencing messaging. Consultant Mark Bishop polled insurers and brokers about the sector's Covid-19 response and concludes lessons need to be learned in terms of balancing bad publicity in the future.
Blog: Covid-19 - time to re-evaluate
The coronavirus pandemic has hit people hard in a manner that the insurance industry can’t compute. Bundeep Singh Rangar, CEO of Premfina, looks at what lessons insurers can learn from the crisis.
Profits and turnover shrink at CDL in 2019
CDL Group has reported a 5.1% fall in turnover to £52.9m along with a 31.4% drop in post-tax profit to £4.7m for the year ended 30 September 2019.
US Department of Justice requests extra info on Aon WTW merger
The antitrust division of the US Department of Justice has asked Aon and Willis Towers Watson for additional information and documentary materials about the proposed $30bn (£23bn) takeover.
Insurance Covid-Cast: Future of Insurance Work – Lesson learned to help Gen Y employees adjust to a new work/life balance post-pandemic
For the 33nd episode of Post and Insurance Age’s video series we gathered together a panel of senior HR and talent managers to discuss the feedback they have had from millennials about how they have experienced lockdown and how insurers might adapt in…
Tiger Risk unveils fourth hire of the month
Tiger Risk has appointed Juan England as a partner with a mandate to help develop large, multi-regional clients in Europe and other international markets, the fourth recruit of the month for the rapidly expanding broker.
Blog: Dealing with a hardening market - risk management and loss control during and post Covid-19
With the current insurance market hardening at a rate not seen in over a decade, Risk Solved non-executive Richard Thomas argues those firms that drive improved risk profiling and begin to fully appreciate the quality of the risks within their portfolio…
Briefing: In CEO Amanda Blanc Aviva finally gets its woman
Having began her career at Commercial Union it always seemed fitting that Amanda Blanc would one day take the top job at its successor Aviva. Post content director Jonathan Swift reflects how the stars finally aligned for her to take up a role that for…
Insurance Covid-Cast: Future of Insurance Work - What do millennials want from their employers; and has it shifted due to Covid-19?
For the 32nd episode of Post and Insurance Age’s video series we gathered together a panel to discuss how millennials have experienced lockdown and what temporary practices they would like to see made permanent.
Marsh supports partnership between British Red Cross and the British Psychological Society
The British Red Cross and the British Psychological Society have teamed up to recruit specialist Psychosocial Reserve Volunteers who will support people experiencing trauma or emotional distress during and after major emergencies in the UK.
Aviva's Patrick Tiernan on getting Britain back to business
The tragic toll of Covid-19 is incalculable. In less than five months, this pandemic has taken away so many loved ones – devastating families, friends and colleagues on a scale that could not have been imagined. Patrick Tiernan, managing director UK…
Ex-Zurich boss Dave Smith takes NED role at AIG UK
Former Zurich UK general insurance CEO Dave Smith has joined AIG UK as a non-executive director and is set to become chair of the risk committee.
Bob Darling to step down as Jensten Group CEO
Bob Darling is to step down as CEO of Jensten Group on 5 August and will be succeeded by Alistair Hardie, who is currently CEO of Charles Taylor’s assistance and specialist claims management business.
Andy Graham joins Direct Insurance Group from Cobra
Direct Insurance Group has appointed Andy Graham as head of specialist liability for its London market and Lloyd’s broking division.
David Coughlan to replace Janet Connor as AA’s insurance MD
Janet Connor will be stepping down as managing director of insurance at the AA this summer with former RSA UK personal lines MD David Coughlan taking up the role, Post can reveal.
CMA opens investigation into Ardonagh buying Bennetts
The Competition and Markets Authority has today launched an investigation into whether Ardonagh buying Bennetts Motorcycling Services will lead to “substantial lessening of competition”.
Spotlight: Lloyd's and the London market: Covid-19 – jump-starting a tech revolution in the London market
Covid-19 has forced the insurance sector to take a long hard look at how it uses technology. Handing over back office functions is allowing firms to tackle what they do best – pricing and underwriting
Brokers call for 'low-level' compulsory cover as e-scooter trials begin
With the UK government ready to introduce e-scooters on the roads from this weekend as part of trials, the British Insurance Brokers’ Association has called for the development of a “low-level minimal insurance requirement."
Briefing: Gefion hopes to go out with a whimper as brokers predict a bang
News that Danish unrated insurer Gefion had entered run-off and solvent liquidation left us and others in the industry feeling somewhat underwhelmed.
GRP expands into healthcare with first buy after Searchlight takeover
Global Risk Partners has bought Premier Choice Healthcare to become its healthcare hub as it moves into the sector.
Gefion liquidation 'no great shock' to brokers
Brokers have labelled unrated Danish insurer Gefion going into run off and ultimately liquidation as “no great shock”.
Aon u-turns on salary cuts
Aon will repay colleagues in full, plus 5% of the withheld amount, after cutting the salaries of 70% of its workforce.