Broker
Cytora becomes UK's best funded insurtech with £25m Series B raise
Cytora, a provider of artificial intelligence-powered solutions for the commercial insurance sector, today announced the largest funding round by a UK-based insurtech in 2019 as it looks to expand its product suite and enter new territories including the…
Biba creates head of general insurance role
Former Tokio Marine Kiln head of distribution, Alastair Blundell is joining the British Insurance Brokers’ Association as head of general insurance.
Uptick in start-up broker applications leads Marsh Networks to develop fresh offerings
Exclusive: Marsh Networks has seen an increase in the number of start-up brokers expressing interest in joining, leading it to create two packages to attract them to its networks.
Bollington's Paul Moors on inclusion and leadership
Bollington's CEO Paul Moors believes the insurance sector needs exceptional leaders to regain the public's confidence and set the highest of professional standards.
Analysis: Loss assessors and their terms of business
As insurers are likely to appoint a loss adjuster when acting on a claim, customers making large claims may wish to employ a loss assessor to represent their interests. How well are these relationships currently working?
This week in Post: Funds, loyalty and crime
Gift cards may not be very personal, but they are perfect when you are not sure what to get someone. However, if you are anything like me you put them away in a “safe” place and forget to use them in time.
Research: Cyber - is it responding to market needs?
For Insurance Post's latest research project, we're delving into the world of cyber. What is making companies tick at the moment? How are they dealing with threats? What can insurers, brokers and managing agents do to ease the digital journey ahead?
Home insurers make 100% of their profits through the 'loyalty penalty': Citizens Advice
Citizens Advice is calling for the FCA to identify concrete solutions to the loyalty penalty as part of its insurance market study, after its research found that 100% of home insurance profits come from loyal customers.
‘Business as usual’ for Eldon as Debenhams enters administration
Debenhams’ holding company has entered administration, but the retailer's policyholders are unaffected according to broker Eldon.
FCA pledges crackdown on firms displaying disregard for customer outcomes: updated
The Financial Conduct Authority has warned general insurance firms that it "will not hesitate to intervene" if firms fail to meet their obligations to customers.
Time for Ardonagh to ‘grow into its clothes’ as it slices losses and bulks revenues
The Ardonagh Group sliced its losses by 149% in 2018, as CEO David Ross hailed ‘the end of three years limbering up’.
Analysis: Moving the premium finance roadblock for SMEs
The penetration of premium finance into the SME market has been stuck stubbornly in the 40% to 45% range for many years. Could that be about to change as slicker offerings from the main providers and new entrants hit the market just at a time when small…
Aston Lark completes third acquisition of 2019
Aston Lark has completed its third acquisition of 2019 with the purchase of Jobson James insurance broker and its specialist employee benefits practice Jobson James Consulting.
John Thompson joins Gallagher’s UK executive team
Gallagher has appointed John Thompson as CEO of UK’s specialty London market and wholesale businesses.
This Month: Figures, finalists and fools
Our cover interview for April features Amanda Blanc’s move from Axa to Zurich which was perhaps the most talked about people move of 2018. The Association of British Insurers' chair spoke to Jen Frost about her plans for the business in the coming year.
Special report: Industry gender pay gap shows little change
Exclusive: The industry’s gender pay gap numbers remain relatively static, with experts warning that it could be up to a decade before the impact of recent diversity initiatives are reflected in the numbers.
The British Insurance Awards 2019: Shortlist revealed
Right Here, Right Now, it is shortlist time!
Marsh stresses client focus as JLT integration gets underway
Lucy Clarke, president of newly-operational Marsh JLT Specialty, has promised clients “an unmatched depth in terms of expertise and resources” following the close of Marsh’s acquisition of JLT.
Premiership Rugby will not sever relationship with Gallagher over racism allegations
Premiership Rugby will not sever sponsorship links with Gallagher despite the company’s UK CEO describing a former employee as a “complicated fat Arab”.
CRL ‘making progress’ in placing Alpha policies as FSCS extends deadline
The Financial Services Compensation Scheme has given CRL Management an extra two weeks to find an alternative insurer for its customers that were insured by collapsed Alpha Insurance.
Loss adjusters team up with ex-Premier League player on well-being app
Exclusive: A pair of loss adjusters have teamed up with a former Premier League football player to target insurers, brokers and suppliers with a well-being app.
Brokers reluctant to talk about mental health issues in the workplace
Exclusive: Brokers are reluctant to discuss mental health issues in the workplace, research has shown.
Marsh completes JLT acquisition
Marsh & McLennan has completed its $5.6bn acquisition of JLT.
Mactavish should share its cyber policy analysis if it has ‘true evidence’ of flaws: ABI
The Association of British Insurers has criticised Mactavish’s cyber challenge to insurers and brokers in a response to its CEO, saying it should share its analysis if it has ‘true evidence’ of flaws.