Capacity Place, an online marketplace for insurance programme capacity launched last week, could “massively shorten” the amount of time it takes to initiate and complete programme transactions, according to its CEO Marco Del Carlo.
Allianz Global Corporate & Specialty will look to reduce its global headcount by a further 400 as it embarks on a transformation programme.
News that Danish unrated insurer Gefion had entered run-off and solvent liquidation left us and others in the industry feeling somewhat underwhelmed.
Global Risk Partners has bought Premier Choice Healthcare to become its healthcare hub as it moves into the sector.
A survey for the US National Federation of Independent Businesses showed that 76% of small businesses rate the impact of Covid-19 as profound. Sabine VanderLinden, co-founder and managing partner of the Alchemy Crew, explains why SMEs could be some of…
Ben Busfield, operations manager at the Managing General Agents’ Association, discusses how members reacted to the UK going into lockdown and how they are supporting employees and serving clients as the country eases along the pathway to a new normal.
Lloyd’s is working on non-damage business interruption cover for SMEs as part of recovery efforts to fast-track global economic and societal recovery from the “far-reaching” impacts of Covid-19.
Brokers have labelled unrated Danish insurer Gefion going into run off and ultimately liquidation as “no great shock”.
Aon will repay colleagues in full, plus 5% of the withheld amount, after cutting the salaries of 70% of its workforce.
A survey of the Managing General Agents' Association has found that despite the increased use of video conferencing services during the Covid-19 lockdown, managing general agents are keen to get back to face-to-face meetings.
Danish unrated insurer Gefion will enter solvent liquidation as the Danish regulator has chosen to withdraw its license, the insurer has said.
In the 30th episode of Post and Insurance Age’s video series we gathered together an expert panel to discuss what the future holds for managing general agents.
Ecclesiastical delivered £58m in post-tax profit last year, more than treble the £15.2m achieved in 2018, according to a filing at Companies House.
Former Axa and UK General leader Mike Keating has been appointed managing director of the Managing General Agents’ Association, taking up the role on 8 September 2020.
It is the year 2030. After a number of false starts the government finally introduced its Whiplash reforms in April 2022 following delays due to the extended impact of Brexit and Covid 19.
In the second of a new monthly series, Post looks into the future at how the insurance market might change, with each part focusing on a specific issue. Jonathan Swift fast forwards a decade to look at how a new era of collaboration and ethics changed…
Insurtech Zego has taken on additional funds from venture capitalist debt provider Triplepoint.
Marsh has disputed RSA allegations its clients should be liable for brokered policy contract issues in the Financial Conduct Authority’s business interruption test case, as brokers were dragged into the ongoing proceedings.
Lord Hunt, the former chair of the British Insurance Brokers’ Association, has stepped up to sit on the main board of Global Risk Partners as a non-executive director.
The eight insurers involved in the Financial Conduct Authority’s business interruption test case have filed their defences with the court, alleging among other arguments that the pandemic is a global issue rather than local and therefore not covered.
Broker Network members have given a resounding shrug of indifference to the news that after four years away the network is set to return to Ardonagh’s ownership as it buys up Bravo Group.
The Hiscox Action Group is seeking a “limited” role alongside the Financial Conduct Authority in the business interruption test case slated to be heard by the High Court in July.
Hiscox has denied that it 'refused' to participate in expedited arbitration proceedings launched by a group of businesses challenging the rejection of lockdown-related business interruption claims.
As preparations continue for a July test case to determine whether business interruption policies cover coronavirus lockdown losses, Post delves into the “representative sample” of wordings on which the court will be adjudicating.