Broker
Axa pulls out of Biba conference over coronavirus fears
Exclusive: Axa UK&I, Axa XL and Axa Partners will not be attending the annual British Insurance Brokers’ Association’s conference in May due to concerns over coronavirus.
Jelf reveals expletive laden messages as it brings £1.2m case against DRP
Jelf Insurance Brokers has filed a £1.2m client and team poaching case at the High Court of Justice against David Roberts & Partners (Insurance Brokers), David Roberts & Partners (York) and three individuals.
Budget 2020: IPT stays the same as government bolsters flood defence spending
Insurance Premium Tax has remained at 12% in today’s Chancellor’s budget, as the government pledged to boost spending on flood defences.
Analysis: Insurers nix staff travel as coronavirus casts shadow over events
Some firms are telling their staff to avoid all but essential work travel in the UK due to coronavirus concerns, leading to some insurance event postponements and cancellations, Post has learned.
Mazars flags CMA interest in Aon/WTW deal
Mazars has forecast that the Competition and Markets Authority will look closely at Aon’s takeover of Willis Towers Watson, as the accountants also predicted the deal could lead to further mergers and acquisitions.
Ratings agencies positive on Aon/WTW deal
Ratings agencies S&P and Moody's have reacted positively to the Aon and Willis Towers Watson merger deal, despite highlighting "significant" execution and integration risk.
'Disappointing' Aon/WTW merger could see risk managers turn backs on broking giants, warns Airmic CEO
The UK risk management association Airmic has voiced disappointment at Aon’s merger with Willis Towers Watson, warning that its members are prepared to turn to alternative modes of risk transfer if they feel they aren’t getting value for money.
Axa's Jon Walker on SMEs and underinsurance
An underinsured business will find it hard to recover from a claim event and the recent storms and floods show that the risks have never been so high – or the consequences so potentially devastating – as when that business is an SME.
Aon CFO outlines costs and timeline of WTW merger
The cost of bringing together Aon and Willis Towers Watson will be up to $1.8bn over three years, with the combined firm facing a months-long process of securing regulatory approval in almost 100 jurisdictions around the world.
Analysis: A coronavirus call centre crisis?
Personal lines insurance providers are faced with a potentially “lethal” situation if call centre staff cannot go into work en masse due to coronavirus disruption, compliance experts have cautioned. Post asked brokers and insurers how they are preparing…
Aon strikes deal to buy Willis Towers Watson
Aon is set to buy fellow broking giant Willis Towers Watson in an all-stock deal worth $29.9bn expected to close in the first half of 2021, subject to regulatory and shareholder approval.
UK General in advanced sales talks
Exclusive: UK General Insurance is in “advanced” sale “negotiations”, Post can reveal, with market sources tipping Primary Group as poised to buy the firm back.
This Month: Best insurance employers to the fore
From November last year to January 2020 Post gave insurance employees the chance to nominate and rate their employers on topics ranging from management to diversity and work/life balance along with whether they would recommend the company to a friend.
Analysis: Broker M&A pace picks up again
Acquisitions in the UK distribution space rose 13% last year, according to research by Imas Corporate Finance. Post investigates what is driving the increase in consolidation and the challenges buyers are facing in their traditional hunting grounds
Regulators scrutinise firms' coronavirus contingency plans
Firms must be ready for coronavirus disruption, the Financial Conduct Authority has cautioned, with organisations’ contingency plans being reviewed and concerns remaining around call centres.
Best Insurance Employer: The Top 20 – Hyperion 8.8
PREMIUM: Hyperion was voted sixth in Post’s Best Insurance Employer poll after its employees rated the company on factors such as senior management, work/life balance and training and development.
Best Insurance Employer: The Top 20 – Kingsbridge 8.8
PREMIUM: Kingsbridge was voted fifth in Post’s Best Insurance Employer poll after its employees rated the company on factors such as senior management, work/life balance and training and development.
Best Insurance Employer: The Top 20 – Plan Insurance Brokers 9.5
PREMIUM: Plan Insurance Group was voted second in Post’s Best Insurance Employer poll after its employees rated the company on factors such as senior management, work/life balance and training and development.
Best Insurance Employer: The Top 20 – Konsileo 9.5
PREMIUM: Konsileo was voted first in Post’s Best Insurance Employer poll after its employees rated the company on factors such as senior management, work/life balance and training and development.
Best Insurance Employer: The Top 20 – BHIB 8.4
PREMIUM: BHIB was voted tenth in Post’s Best Insurance Employer poll after its employees rated the company on factors such as senior management, work/life balance and training and development.
Best Insurance Employer: The Top 20 – Gallagher 8.7
PREMIUM: Gallagher was voted eight in Post’s Best Insurance Employer poll after its employees rated the company on factors such as senior management, work/life balance and training and development.
Best Insurance Employer: The Top 20 - Marsh & McLennan Companies 5.4
PREMIUM: Marsh & McLennan Companies was voted twentieth in Post’s Best Insurance Employer poll after its employees rated the company on factors such as senior management, work/life balance and training and development.
Best Insurance Employer: What makes the best insurance employer?
PREMIUM: Post invited insurance employees, through emails, social media and via the brand’s print and online channels, to nominate and rate their employers on a variety of aspects including their management, diversity, work/life balance and whether they…
Best Insurance Employer: Susie Wilson, head of HR and performance, The Plan Group
PREMIUM: The Plan Group was voted as one of the top four companies to work for in the insurance industry. Post spoke to Susie Wilson, its head of HR and performance, to find out why.