Commercial
Axa adds Sarah Mallaby as distribution and trading director for commercial
Axa UK has appointed Sarah Mallaby, formerly director of broker markets at Allianz Insurance, as distribution and trading director for its commercial business.
Upcoming Webinar: Watch Aston Lark, Arch and Zurich discuss how to break down barriers to become truly customer centric
Is it too difficult to imagine a world where the policyholder is front-and-centre of everything that an insurance company does?
GRP’s Mike Bruce on changes in working practices requiring evolution not revolution for broking
Mike Bruce, group CEO at GRP, discusses the importance for brokers of dealing with office-based underwriters as the world of work evolves.
Aviva and LV join Ebay green parts push; Davies buys Asta; Marshmallow becomes latest UK insurtech unicorn; and Covea backs new pet insurance alternative Animor
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Former Brightside and Axa boss Brendan McCafferty joins NPA Insurance as NED
Brendan McCafferty has joined the board of NPA Insurance and Peach Pi as a non-executive director.
Analysis: Business interruption late payment claims a 'live issue'
Insurers could still face claims for damages relating to the late payment of Covid-19 business interruption claims under an as yet untested part of the law, according to lawyers.
AIG CEO Peter Zaffino to add chair role as Brian Duppereault retires
Peter Zaffino, president and CEO of American International Group, will take on the additional role of chairman of the board of directors on 1 January 2022, the provider has announced.
Thompson & Richardson hires Stuart Williams as MD
Ethos Broking-owned Thompson & Richardson has recruited Stuart Williams as managing director joining from Konsileo, Post can reveal.
Blog: Working with local causes must be hardwired into the insurance industry
Across the UK there are more than 136,000 small charities and community causes helping vulnerable people in the UK. Laura Spiers, head of social impact and environmental, social and governance at RSA argues that to help them working with local causes…
Last chance to decide Industry Impact winner at 2021 British Insurance Awards
The voting is open for you to decide who should win the Industry Impact Award at tomorrow’s British Insurance Awards. But be quick as the poll closes at noon tomorrow.
Rebranded broker Lucida ready for deals
Right Choice Holdings, owner of Right Choice Insurance Brokers, Bennetts and Moorhouse has rebranded as Lucida.
Allianz’s Graham Gibson says the time is now for sustainable claims
As the summer floods have shown, urgent action is needed to tackle climate change. Insurers have already committed to investment and underwriting targets but can also make a difference on the ground in the way they handle claims Graham Gibson, chief…
PIB deals cost £92.8m in 2020
The cost of buying eight businesses and three books of business totalled £92.8m in 2020 for PIB Group, a filing at Companies House has revealed.
Intelligence: Insuring space tourism
The prospect of recreational space travel was brought into sharp focus in July as billionaires Richard Branson and Jeff Bezos both made trips to the edge of space.
Zurich UK takes Caroline Dunn from Lloyd’s as chief underwriting officer
Zurich has recruited Caroline Dunn as chief underwriting officer in the UK joining from Lloyd’s where she was head of market development.
All Clear acquires Insure & Go; Liberty supports WTW sustainability accreditation; PIB buys again; Zurich enters UK PMI market
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Editor’s comment: The death of the mega deal?
If not for Covid-19 then the biggest story for the insurance industry of 2020 would have been the $30bn (£21.9bn) mega merger of broking giants Aon and Willis Towers Watson.
Green parts: Driving sustainability into the supply chain
Motor insurers are increasingly looking to green parts in the drive towards sustainability.
FCA warns public about broker Professional Construction Risks
The Financial Conduct Authority has warned consumers not to do business with Weston-super-Mare broker Professional Construction Risks Limited or any of its representatives.
Zurich promotes Paolo Mantero to group chief strategy officer
Zurich Insurance Group has appointed Paolo Mantero as group chief strategy officer succeeding Giovanni Giuliani who is moving to be CEO of Zurich Italy.
Allianz to run work experience programme in 2022 after inaugural success
Allianz has confirmed that it will offer work experience placements to students aged 14 to 18 next year after the success of its first formal programme this summer.
Spotlight on Open banking and SME: Rebuilding trust among SMEs using open banking
Open banking has forced banks to find new ways to engage with their customers and partners. Sara Costantini, managing director of Crif Decision Solutions, asks whether it could also be the key to rebuilding trust between insurers, brokers and SMEs in the…
Spotlight on open banking and SME: Open banking will play an important part in meeting customers’ needs
Despite slow progress to date there are signs that some in the insurance sector are starting to get a handle on the value of open banking. On the back of a survey, in conjunction with Crif Decision Solutions, Post highlights some of the benefits that…
UK tops carrier M&A in Europe for first half of 2021
The UK was the leading European country – and second most active worldwide behind the US – for insurance carrier mergers and acquisitions in the first half of 2021, according to research by Clyde & Co.