Commercial
Aston Lark's Peter Blanc on how to beat complacency
Aston Lark's group CEO Peter Blanc explains why it is essential that brokers advise clients on emerging risks that could affect their business and encourage discussions to ensure the right solutions are found
250 aviation staff to move from JLT to Gallagher
Gallagher will buy the global aerospace division of JLT, following the company’s acquisition by Marsh & McLennan.
Analysis: SMEs: Emerging risks - Protecting the little guys
A changing risk landscape is creating new challenges for SMEs and those tasked with providing the sector with insurance. But SMEs need to evolve as newer risks such as cyber attacks and data protection – along with the raft of uncertainties around Brexit…
This week in Post: Storm, Brexit and diversity
This week, the sunshine we were blessed with last week was replaced by a more winter-appropriate grey sky and rain.
Gable CEO Dewsall withheld 'critical' information in administration of Hogarth Underwriting
Exclusive: Gable CEO William Dewsall ignored “numerous requests” from administrators of his underwriting vehicle Hogarth Underwriting.
RSA suffers £43m underwriting loss in second 'disappointing' year
RSA UK & International have announced a second consecutive year of UK losses, recording an unprofitable combined operating ratio of 101.4%.
RSA appoints Charlotte Jones as new CFO
RSA has appointed Charlotte Jones as its chief financial officer, replacing Scott Egan.
Amanda Blanc issues caution on insurer big data use
Zurich EMEA CEO, Amanda Blanc cautioned insurers on how they use big data in her keynote speech at the Association of British Insurers annual conference.
QBE Europe sees profit dip
QBE Europe has seen its profit dip slightly even as it grew premium.
Profits at Hiscox treble as insurer completes preparation for Brexit
Hiscox reported a 250% rise in its 2018 profit, following its move to exit from unprofitable areas in the London market business.
UK General sees profit rise after business review
UK General saw a 55% profit growth after exiting a number of unprofitable product lines.
British Insurance Awards at 25: The judges reflect on the changing market
With the deadline for entering the British Insurance Awards getting ever closer, what better time to introduce the judges who will be casting an eye over these years submissions? Post canvasses them for their favourite memories of previous BIAs and their…
German lawmakers give regulator power to extend passporting for 21 months
Germany has adopted preliminary provisions, which could see the passporting rights of UK financial institutions, including insurers, temporarily extended in the event of a no-deal Brexit.
Theft of funds claims increase by 14% in UK
The number of claims for social engineering scams such as funds transfer fraud rose globally in 2018, according to claims data released by CFC Underwriting.
Blog: Cyber future will come down to communication
With the nature of cyber attacks constantly changing Madeleine Shanks, associate partner at Clyde & Co, explains that dialogue between customers and their insurers has never been more important to ensure that cover is proportionate.
Axa UK shifts focus to commercial as it makes profit
Axa UK and Ireland saw a combined operating ratio of 98.4% for its property and casualty business, an improvement on the 99.1% in the previous year.
Ageas UK says long goodbye to Ogden impact as CEO Watson hails ‘strong’ motor performance
Ageas UK saw a threefold increase in profitability in its 2018 full year results, reporting a profit of £76.7m compared to £25.4m in 2017.
Q&A: Paul Mang, Guidewire
Aon's former CEO of analytics, Paul Mang has been tasked with bringing together Guidewire's Analytics and Data Services division. Mang spoke to Post about cyber risk, data, and lifted the lid on Guidewire's $275m purchase, data tool Cyence.
PIB acquires Irish MGA Optis
PIB has acquired Irish managing general agent, Optis Insurances, as part of its European growth plans.
Webinar: Removing the shackles of heritage technology to become fit-for-purpose
The burden of legacy or heritage technologies is not a new issue for the insurance industry.
Analysis: Tenancy deposits – tailored tenancies
Many tenants struggle to find a lump sum of money to put down for a deposit. Insurance instead of a deposit provides an alternative – offering tenants greater affordability and increasing security for landlords. It could also mean a welcome new class of…
Aviva transfers 1.39m policies to post-Brexit Irish business
Exclusive: Aviva has successfully transferred 1.39 million policies to its Irish post-Brexit hub at the start of the month, after receiving a regulatory green light.
This week in Post: Couples and coupes
With Valentine’s Day yesterday, the Post team started the week by bracing ourselves for an inevitable slew of romance-related press releases. We weren’t disappointed.
Allianz sets date for completion of LV business transfer
Allianz and LV will complete the transfer of personal and commercial lines between the two insurers by the end of the year.