Commercial
Week in Post: Spotlight falls on Banks
The spotlight has been on Arron Banks this week but we've also seen some major business acquisitions.
Sedgwick acquires Irish liability adjusters
Sedgwick has acquired Ireland-based loss adjuster Sproule Graham.
Allianz-LV business transfer will be 'largely complete' by Q3 2019
The transfer of business between LV and Allianz will be complete by this time next year, the Allianz CEO said.
Blog: Why insurers must take their own cybersecurity risks seriously
Thousands of insurance transactions happen over the web every day but with recent Google updates are insurers website as secure as they could be asks Mike Still, chairman of Trustify and of Business in the Community’s Business Emergency Resilience Group.
Q&A: Matthew Avery and Graham Gibson, Thatcham
As cars move towards automation, Jen Frost spoke to Graham Gibson, chairman of Thatcham Research and Allianz’s chief claims officer, and Matthew Avery, director of insurance research at Thatcham Research, about how the UK research centre is working with…
JLT shareholders have ‘overwhelmingly approved’ Marsh acquisition
Shareholders in JLT have voted 99.9% in favour of the acquisition by Marsh.
Amazon frontrunner in digital leaders report as Aviva takes insurance top spot
Aviva takes the crown as digital insurance lead, but insurance as a whole is middling compared to other sectors, according to a report.
Nexus sale is 'unlikely' after BP Marsh ups share
BP Marsh increasing its stake in Nexus could mean a rumoured sale of the managing general agent is off the cards, analysts say.
Analysis: Social media - Insuring influencers
As regulators are spelling out the rules for influencers advertising services and products, insurers and brokers are starting to adapt their policies to these social media personalities making a living out of their online fame.
Hiscox reveals $15m spend on Brexit preparations
Hiscox has spent $15m preparing for business after Brexit, the specialist insurer disclosed in its third quarter trading statement.
GRP’s County Group acquires third broker of the year
Swansea-based Douglas Insurance has been acquired by County Group.
WTW's Nicolas Aubert on being bold to thrive in a global market
In a volatile geopolitical landscape, Nicolas Aubert, head of GB, Willis Towers Watson and current president of the Insurance Institute of London, urges the market to take the opportunity to rethink its position and think globally.
This month: Cavities and complaints
As whiplash legislation speeds through parliament, claims management companies have increasingly been looking into other avenues to keep the coffers full and cavity wall insulation claims have spiked. CMCs may be the industry’s own bugbear, but this…
Ardonagh sells commercial MGA to Arch for £31m
The Ardonagh Group will sell its commercial underwriting business to Arch for £31m.
Analysis: Insuring for Brexit
How can insurers help customers facing Brexit uncertainly when they themselves face taking a blind bet on whether the UK will face a hard or soft deal when leaving the European Union? David Worsfold investigates.
Revealed: The future of Ed and Besso under BGC
A holding company will be established for Ed and Besso, with Steve Hearn as group CEO. However the two BGC-owned brokers will remain separate companies.
Thomas Miller partners with hospital ship charity
Thomas Miller has launched its new corporate social responsibility programme, with a three-year partnership with the international medical charity, Mercy Ships.
Reich Group buys Stockport broker
Manchester-based Reich Group has bought LJM Insurance Brokers.
Erskine Murray opens rebranded North West office
Erskine Murray has rebranded Offley Insurance Services, establishing the broking firm’s first branded office in the North West.
Axa signs £30m capacity deal with SME MGA
Axa has agreed a £30m three-year capacity deal with SME managing general agent Origin UW.
Slice cyber product shows ‘leverage’ gained through insurtech partnerships
The quick turnaround of Slice’s on-demand cyber insurance policy demonstrates the “leverage” partnerships with insurtechs can provide, according an Axa XL collaborator.
BP Marsh boosts its stake in Nexus
BP Marsh's announcement of its purchase of a 1.9% stake in managing general agent Nexus.
Q&A: BLM's Matthew Harrington and Alistair Kinley
Against a backdrop of changing client demands, political uncertainty and new legislation, Jonathan Swift caught up with BLM senior partner Matthew Harrington and director of policy and government affairs Alistair Kinley to discuss how the law firm is…
Blog: How to defend cavity wall insulation claims
Liability insurers are seeing a dramatic increase in claims arising from allegedly defectively installed cavity wall insulation. Tom Corrigan, partner at DAC Beachcroft, asks whether there is cause for concern.