Broker
Gefion ordered to not expand business until it injects more capital
The Danish Financial Supervisory Authority has ordered Gefion to not expand into new territories.
Allianz and LV win big at 2019 British Insurance Awards: Full list of winners
Allianz was among the big winners at the 25th British Insurance Awards at the Royal Albert Hall scooping three individual awards including General Insurer of the Year.
Ageas staff facing job losses to be offered roles with Autonet owner
More than 200 Ageas staff due to lose their jobs from the closure of the company’s Stoke-on-Trent offices could get to retain their positions after Autonet’s owner Atlanta Group agreed to take over the lease.
Markerstudy acquires Smart Driver Club Insurance
Markerstudy has bought telematics broker Smart Driver Club Insurance.
Biba board appoints Batty and High
The British Insurance Brokers’ Association has made two key board appointments, as Aon's Julie Page steps down from her deputy chair role.
Saffron managing director Dave Beswick to step down
Dave Beswick, managing director of Saffron Insurance, will leave the broker at the beginning of next year.
Aviva’s broker community picks up 1400 members in nine months
Aviva has so far picked up 1400 members for its broker community, which it launched last October.
Premfina and Close Brothers to continue funding Gefion premiums after Premium Credit pulls out
Premium finance providers Premfina and Close Brothers will continue funding Gefion premiums following the unrated insurer’s tussles with the Danish regulator, as Premium Credit pulls out.
Ageas’ Lyn Nicholls on the true value of mental wellbeing
When starting out as HR director at Ageas, employees were extremely reluctant to admit they had symptoms of stress, anxiety or depression, writes Lyn Nicholls. Unfortunately, this denial resulted in what people like psychologist Professor Tanya Byron…
Zego enters France and Belgium following $42m raise
Zego has struck up a deal with e-scooter start-up Dott, which will see it enter the French and Belgian markets for the first time.
CRL deadline to transfer Alpha policies pushed back again as talks continue
CRL is making “good progress” in talks to move its Alpha policyholders over to another insurer and has seen its deadline pushed back.
Blog: How you can make a difference by supporting Alzheimer's Society at the 2019 BIAs
Every three seconds across the world, someone develops dementia. With this in mind Benedict Burke, chief client officer, global client development, Crawford & Company, explains why you should get behind Insurance United Against Dementia at the 2019…
Danish regulator disputes Gefion’s reported 130% solvency ratio, dropping it to 105%
The Danish Financial Supervisory Authority has pegged Gefion’s solvency ratio as just 105% at May 2019, rather than the 130% the company has claimed.
BGC recruits Willis' Smaje to head aerospace brokerage
BGC has appointed Philip Smaje as CEO of its global aviation and space reinsurance brokerage.
Scammers used UK General's name to target unwary consumers
A clone firm has been masquerading as UK General, the Financial Conduct Authority has warned.
CRL identifes potential alternative insurer to take on Alpha policyholders after missed deadline
BCR Legal Group appointed representative CRL failed to find an insurer to take on its Alpha policies by the May deadline set by the Financial Services Compensation Scheme, but it has been given more time as the firm has a replacement in its sights.
Roundtable: Digital Transformation – to what extent has hype turned into action?
While the topic of digital transformation has been around for the past decade, consultancies continue to warn that further transformation is required. Post, in association with Marklogic, held a roundtable with senior figures from the insurance industry,…
Price Forbes launches security risks practice
The Ardonagh Group’s Price Forbes has launched a security risks practice, as JLT staff move to the broker.
Analysis: The future of pricing - Tightening the noose
The dual pricing noose is slowly tightening around the insurance industry’s neck. Its laudable attempts to escape from the regulatory hangman seem increasingly futile as the pressure is mounting on the Financial Conduct Authority to take action.
GRP's County Group buys Stoke broker
GRP-owned County Group has acquired Stoke-based broker Eric Rawlins & Company, which specialises in contractors, property owners, business and fleet risks.
FCA warns of unauthorised motor broker
An unauthorised car insurance broker has been targeting customers in the UK, the regulator has warned.
Seventeen Group buys Essex broker
Seventeen Group has bought Essex-based broker Graybrook, for an undisclosed sum.
The Post Claims Awards 2019: Full list of winners
Who won what at last night's Post Claims Awards?
Zurich and Travelers discuss digital hype and legacy benefits in new Post webinar
Given the hype around digital you might be excused for thinking that you need to re-platform everything, rip out what you currently have - and start again - to remain relevant in the modern insurance market.