Commercial
This week: Dive in and let it out
In the biggest news of the week the Supreme Court didn’t hold back when it ruled Prime Minister Boris Johnson’s advice to HM The Queen that parliament should be prorogued was unlawful.
Scor’s battle with activist investor rumbles on amid Covéa legal action
Activist investor CIAM has blasted Scor's strategy as "without significant intrinsic value creation" in a letter to the resinsurer's lead director, following reports in the French media on its collapsed merger talks with Covéa.
Q&A: Ajay Mistry, partnership director, Brokerbility and co-chair, Insurance Cultural Awareness Network
As part of the Inclusion at Lloyd's programme six partner networks have been set up to help bolster diversity and inclusion in insurance. Post spoke to a representative from each one to get an insight into what they doing, today focusing on The Insurance…
Aviva's Rob Townend to depart in leadership reshuffle
Rob Townend is leaving Aviva, amid leadership team changes that see the insurer scrap its UK managing director roles.
Q&A: Iowa Morgan, manager of City Claims at AIG and chair of the Insurance Disability, Ability & Wellbeing Network
As part of the Inclusion at Lloyd's programme six partner networks have been set up to help bolster diversity and inclusion in insurance. Post spoke to a representative from each one to get an insight into what they doing, today focusing on iDAWN –…
Blog: It’s just ‘banter’: The excuse that no longer washes in the #MeToo world
To mark Dive In this week Post content editor Jonathan Swift considers how language and actions that once might have been considered passable, are likely to be no longer tolerated if insurance is to become a truly diverse and inclusive profession.
Digital Fineprint closes $4m funding round, with insurtech Cuvva tipped to raise next
Digital Fineprint has become the latest UK-based insurtech to announce a significant fund raising round after unveiling a $4m (£3.2m) investment at Insurtech Connect in Las Vegas today.
Q&A: Benjamin Hindson, vice-president for communications, media and technology, Marsh and chair of Next Generation Insurance Network
As part of the Inclusion at Lloyd's programme six partner networks have been set up to help bolster diversity and inclusion in insurance. Post spoke to a representative from each one to get an insight into what they doing, today focusing on the Next…
PE house swoops for Charles Taylor in £261m deal
Private equity firm Lovell Minnick Partners has made a £261m offer to buy Charles Taylor, with an aim to de-list it.
Rising Star: Will Slade, Allianz Insurance
Since completing Allianz's 8-week commercial summer internship Will Slade has progressed to distribution manager for the insurer.
Ageas and Ardonagh’s Uris extend deal with £200m contract
Ageas has signed a four year contract with Uris Group to provide cover for a number of specialist personal and commercial lines risks.
Remedying Risks: Managing cyber risks in marine
Seizure of oil tankers hits headlines but Royston Ford, head of marine and specialty at RSA Risk Consulting, believes the likelihood of cyber attacks occurring are low and can easily be guarded against.
Interview: Steven Wallace, McLarens
Newly appointed managing director for UK & Ireland Steven Wallace discusses expansion plans, consolidation within the market and Brexit
Blog: No more hard and soft - are corporate flip-flops the new insurance cycle you CAN rely on?
Content director Jonathan Swift reflects on RSA's decision to create one commercial division and gets a sense of Deja-Vu that he's been here before
Ed hires Simon Stovell as divisional director
Simon Stovell has joined Ed as divisional director for its risk solutions team.
Insurtech Inshare targets SMEs to corporates with peer-to-peer launch
Insurtech Inshare is seeking to bring peer-to-peer risk and insurance management to the commercial community as it gears up to launch ahead of the Insurtech Connect event in Las Vegas next week.
Insurance Technology Summit Q&A: Equinix global head of insurance James Maudslay
Ahead of the Post Insurance Technology Summit, Post editor Stephanie Denton sat down with Equinix global head of insurance James Maudslay to discuss the role inter connection and ecosystems play in giving insurers a digital edge.
Clear Insurance acquires Morrison Insurance Solutions
Clear Insurance Management has acquired Alcester-based Morrison Insurance Solutions, its largest acquisition to date.
Hyperion to merge RKH and Howden
Hyperion will bring Howden and RKH together under a single management structure.
RSA merges commercial businesses
RSA UK & International has merged its Commercial Risk Solutions and Global Risk Solutions businesses to create a single business unit focused on commercial lines, as it seeks to regain profitability.
Charles Taylor to sell managing agency as it posts £2.1m loss
Charles Taylor saw a pre-tax loss of £2.1m as the group announced the sale of its managing agency to Premia Holdings.
Zego and DLG challenger bank partner inks distribution deal with further insurtech
Mobile-based Starling Bank has added a further broker and cyber risk service to its marketplace.
Marsh Networks to rebrand
Exclusive: Marsh Networks will rebrand as Marsh Commercial Networks.
Jelf to rebrand as Marsh Commercial amid restructure
Marsh will rename its Jelf business Marsh Commercial in the first quarter of 2020, with potential branch closures as a result of an organisational restructure.