Commercial
Claims MGA launches with former Axa boss Mike Keating
Ex-Axa and One Commercial leader Mike Keating is heading up managing general agent Qlaims Insurance as it launches with a claims advocacy service for commercial insurance brokers.
Blog: Reimagining insurance by learning from API innovation in other financial services
Application programming interfaces are now key to unlocking new sources of value for financial institutions. So much so, Cytora CEO Richard Hartley argues even the most traditional firms can digitally transform if they get the right data infrastructure…
Ardonagh snaps up Aviva international brokers director Graeme MacMillan
The Ardonagh Group has appointed Graeme MacMillan as CEO of product and distribution management within Ardonagh Portfolio Solutions joining from Aviva.
This week in Post: Driving out distraction
Road Safety Week marked the launch of Post’s Driving out Distraction campaign, in which we are urging the industry to pay attention and pull over rather than using hands-free devices while driving.
Blog: Machinery breakdowns - what are the risks to businesses?
Although cyber takes the headlines, machinery breakdown can be equally damaging to businesses, according to Owen Lewis, group manager for account engineering at FM Global's London operations, with a recent analysis of the company's client losses…
How to take advantage of digital innovation as an MGA
At a time when managing general agents are performing strongly, working hard to stay profitable and maintain growth, the question of how to make best use of the latest tools is more important than ever
Selling Ardonagh to a public company would be a failure, says Ross
Ardonagh CEO David Ross has asserted the business's commitment to independence and revealed that while the firm’s court case victory over Gallagher did not come as a surprise the episode left him “a little bit heartbroken and incredibly sad”.
Huge data breach claims necessitate cyber insurance rethink, warns Kennedys
Data subject claims are on the rise and will be “the next in a long line of mass litigations” producing “exposures in the tens of millions”, according to Kennedys.
Ross: Ardonagh ready and able to strike deals in 2020
Ardonagh Group has a list of 146 potential acquisitions, which it reviews at a fortnightly investment committee, according to CEO David Ross.
Driving Out Distraction: The impact of mental state on driving
There can be many distractions when driving a car but Jo McGowan, human resources director at First Central Insurance & Technology Group, asks what happens when these are inside your own head?
Aviva targets 3% COR improvement by 2022
Aviva is targeting a general insurance combined operating ratio of 93%-95% by 2022, according to general insurance CEO Colm Holmes.
Direct Line aims to cut £50m in costs
Direct Line Group will look to save over £50m in costs before 2022, it said in a trading update.
Ardonagh posts record organic growth as losses for first nine months of 2019 hit £67.7m
Ardonagh has posted a loss of £67.7m for the first nine months of 2019, up from £48.9m in the same period of last year.
Blog: Are MGAs best placed to build the future of underwriting?
Unencumbered by legacy technology, managing general agents are well placed to invent a better future for insurance. Cytora CEO Richard Hartley on why the likes of C-Quence and Convex are creating a radically different type of insurance company.
Direct Line predicts £10m hit from November floods
Direct Line Group will see £10m in claims from flooding in the North of England, its early estimates suggested.
Driving out Distraction: Is mobile phone use an addiction insurers should worry about?
On 10 August 2016 Tomasz Kroker was driving a truck on the A34 – ahead of him was a very visible long queue of traffic travelling uphill. The truck was travelling at 50mph, and Kroker made no attempt to reduce speed when he hit the first vehicle driven…
Insurers exposed to ex-MP’s £10m claim against Staffordshire Police
Travelers is among a number of insurers that are exposed to a pending £10m legal claim against Staffordshire Police by a former member of Parliament, who was accused of non-recent child sexual abuse, Post can reveal.
Aviva changes a slow burn story, say analysts
Aviva’s strategic update brought no “major announcements regarding the shape of the group” and “no real significant changes,” according to analysts.
Aviva targets 20% premium growth by 2022
Aviva CEO Maurice Tulloch has revealed that the insurer is targeting a 20% increase in general insurance premiums by 2022.
Q&A: Laura Drabik, group VP of business innovation, Guidewire
Hiriyti Bairu spoke to Laura Drabik, group vice-president of business innovation, Guidewire about the opportunities and challenges facing insurers and insurtechs.
Investors make insurance inquiries over Labour nationalisation plans
British utilities investors have made inquiries about insurance coverage for their assets in the event that they are nationalised under a Labour government following next month’s general election.
Driving out Distraction: 1st Central marks Road Safety Week with safety film
1st Central has unveiled a powerful new short movie to mark Road Safety Week, raising awareness of dangerous distractions on the road.
GRP's Mike Bruce on client relationships in commercial broking
How do brokers know that they’re doing a good job for their client? Mike Bruce, group managing director, Global Risk Partners, explains in the commoditised personal lines market, where products are relatively homogenous, it’s often simply about…
Allianz to hold talks with Saracens after club accepts punishment
Saracens and primary sponsor Allianz are to hold discussions after the rugby club opted against appealing the £5.36m fine and 35 point penalty imposed for failing to disclose payments to players and breaching a salary cap.