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.
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.
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 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 saw a threefold increase in profitability in its 2018 full year results, reporting a profit of £76.7m compared to £25.4m in 2017.
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 has acquired Irish managing general agent, Optis Insurances, as part of its European growth plans.
The burden of legacy or heritage technologies is not a new issue for the insurance industry.
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…
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.
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 and LV will complete the transfer of personal and commercial lines between the two insurers by the end of the year.
Allianz has warned over a potential rise in fraud this year should there be an economic downturn following a no-deal Brexit.
BGC’s broking arm, which currently comprises of Ed Broking and Besso, will seek acquisitive growth in 2019.
Those that work in insurance have long known it has reputation issues.
Inshur is eyeing further expansion, having raised $7m (£5.4m) in its Series A funding round, in addition to gaining a $2m credit facility.
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.
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…
Axa XL has outlined a new target operating model and organisational structure that could see it cut 711 positions for its European workforce.
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
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…
Walking for wells, real world cyber attacks and Grandads of the Atlantic
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.
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.