Commercial
‘Desperate people do desperate things’: Allianz issues fraud warning over Brexit
Allianz has warned over a potential rise in fraud this year should there be an economic downturn following a no-deal Brexit.
BGC president reveals high hopes and further acquisitive growth for Ed
BGC’s broking arm, which currently comprises of Ed Broking and Besso, will seek acquisitive growth in 2019.
Post launches new Reputation event focused on creating an ethical and inclusive insurance market
Those that work in insurance have long known it has reputation issues.
Inshur picks up $7m investment in Munich Re-led funding round
Inshur is eyeing further expansion, having raised $7m (£5.4m) in its Series A funding round, in addition to gaining a $2m credit facility.
Insurers face Part VII transfer delays as Brexit looms
Exclusive: The government is mulling an extension to the deadline for insurers to get legal permission to move books of business from the UK to Europe.
Blog: M&A transactions - driving sustainable value creation
Rory O’Brien, senior managing director with FTI Consulting in London, and Ian Duncan, managing director with FTI Consulting in Dublin explain how insurers can achieve increased value from M&A transactions by focusing on the key enablers and drivers of…
711 jobs at risk as Axa XL embarks on next phase of integration
Axa XL has outlined a new target operating model and organisational structure that could see it cut 711 positions for its European workforce.
Analytics: Why Robot?
Technology is predicted to be a huge part of the future business landscape but fears remain over letting robots have all the power. Post investigates how robotics and artificial intelligence is helping insurance now and how it could do more in the future
This month: Brace for Boris
As the Brexit negotiations rumble interminably on, it can sometimes feel impossible to imagine life after 29 March. The British Insurance Brokers' Association gave the industry something to look forward to, announcing the keynote speaker for its…
Penny Black's Social World: February 2019
Walking for wells, real world cyber attacks and Grandads of the Atlantic
Q&A: Luke Exford, CILA
Luke Exford has replaced John Evans as president of the Chartered Institute of Loss Adjusters. He spoke to Post about how the body maintains standards amid technological change.
Premier League football clubs turn to insurance as injuries and salaries surge
As top-flight salaries spiral ever upwards, Premier League football clubs are increasingly looking to insurance to lessen the blow of paying players unable to play or train through injury.
Zurich UKGI profit rises despite 'tough' market
Zurich’s UK general insurance arm has seen profits rocket and a marked improvement in its combined operating ratio in its 2018 financial year, following a loss making 2017.
Hiscox leads $58m investment round in Cover Hound
Hiscox has led a $58m (£44.7m) funding round in US-based insurtech Cover Hound
Beazley profits halve as it feels nat cat impact
Beazley saw profits fall 55% last year owing to the continuing affect of natural catastrophe claims on underwriting margins.
Blog: Aviva targets Whitbread CEO Alison Brittain as new boss as insurance gets its mojo back
Having bemoaned the insurance sector's lack of 'pull' in recruiting outside its gene/talent pool, Jonathan Swift suggests Aviva might be about to prove him wrong.
Blog: Is Egan replacing Lewis at RSA a sign insurance lacks recruitment pull?
Jonathan Swift asks whether RSA promoting Scott Egan is a sign of the insurance industry's lack of appeal to external candidates; a sign of lack of big name insurance draws in the market; an indication of its risk aversion; or a combination of any of the…
Interview: Andrew Rear and Mark Dennis, Digital Partners
One of the first movers in the insurtech space, Digital Partners now works with over 20 start-ups and wrote £100m of gross written premium in 2018. Its CEO Andrew Rear and chief operating officer Mark Dennis spoke to Jonathan Swift about how a…
Insurance Census 2019
Post revisited its popular Census research to find out how closely the sector reflects the society it serves. With so much focus on diversity, gender equality and inclusion, two new areas have been included in the census: sexual harassment and mental…
Revenue up at Aon as net income dips
Aon saw revenue increase by 8% in 2018, while its net income dropped by 7%.
Gallagher sets sights on further ‘tuck-in’ acquisitions as growth continues
Gallagher saw total revenue growth of 10.8% in 2018 across brokerage and risk management, with 5.8% of this coming from organic growth.
This week: ‘Snow drama
Despite the buildup - amber warnings, train winter timetables, and inevitable delays getting to work - insurers will be grateful of today’s mere smattering of snow.
Claims Apprentice 2019: meet the six final candidates
After short-listing 30 talented candidates for interview, we can finally reveal the six successful claims professionals that have been selected for the first series of Claims Apprentice.
Marsh sees revenue grow 4% in 2018
Marsh parent Marsh & McLennan saw underlying revenue grow 5% in its 2017/18 year.