Lloyd’s/London
Six insurtech start-ups to watch in 2020
It is now five years since I did my first ever 'Insurtechs to Watch Blog', when in 2016 I included Brolly, Digital Risks, Trov and Wrisk.
A matter of when, not if, for personal lines parametric insurance: Scor's Jonathan Clark
Parametric insurance is unlikely to replace conventional indemnity products, but there is a strong likelihood that it will become more widely used, even in personal lines, in the future, a conference heard.
People buy insurance to transfer risk, not because you are 'technologically cool': Aon claims boss Harrison
Insurers and brokers should not lose sight of the fact that customers buy insurance to transfer risk, and not because a provider has something “technologically cool,” a conference heard.
CII underwriting society launches cyber guide
The Chartered Insurance Institute’s Society of Underwriting Professionals has launched a good practice guide on cyber covering data, coverage, cyber incidents and basic precautions.
Insurance Monitor: Insurance: facilitator or inhibitor?
In this month’s column, David Worsfold, a long-running commentator on the insurance market, talks about the fallout from the hardening market, the success of Flood Re and his issues with the Insurance Museum
This week: Bagging a bargain
As the January sales draw to an end consumers aren't the only ones with deals on their minds.
Lloyd's appoints 'whistleblowers’ champion' amid PRA scrutiny
Lloyd’s has added Angela Crawford-Ingle to its board as chair of its audit committee, also appointing her as the market’s whistleblowers’ champion.
Liberty's Matthew Moore to succeed Andrew Horton as LMG chair
Liberty Specialty Markets CEO Matthew Moore has been named as the next chair of the London Market Group.
Jane Hayes joins LMA as underwriting director ahead of Lloyd's syndication pilot
The Lloyd’s Market Association has appointed Jane Hayes as underwriting director, effective 3 February.
Aon names Helene Madell UK chief broking officer
Aon has appointed Helene Madell as chief broking officer for commercial risk solutions, health solutions and affinity in the UK.
Insurtech: Insurtech 100: August - October 2019 quarterly update
As a host of firms featured in the top 100 insurtech ranking raise money, develop new products and spin-off their own start-ups, Matt Connolly, founder and CEO of Tällt Ventures argues that incumbents are been left behind as the insurance sector reaches …
Biba launches 2020 Manifesto: Access
The British Insurance Brokers’ Association called for more proportionate regulation as it launched its 2020 Manifesto: Access.
Alleged FCA data for sale on online forum
The Financial Conduct Authority has issued a warning after what appears to be data held by the regulator appeared for sale on a website.
Chaucer appoints CRO from within
James Wright will become Chaucer’s chief risk officer from April.
This week: It's all about change
Moving home has to be one of the most annoying and tedious things we have to do. From organising your flat viewings to packing up all your belongings. And honestly who really likes change? It’s much easier to just stay in the place you've grown…
MGA Mole: Why does banking look down on insurance?
Post has enlisted a managing general agent industry mole to lift the lid on what the sector is really like. Our anonymous commentator asks why the perception of working in the insurance industry is so bad from the outside.
Jon Hancock set to leave Lloyd's this year
Lloyd’s performance management director Jon Hancock will leave One Lime Street this year, it has been announced.
This week in Post: Back to business
With the holiday break over, this week has seen people across the UK – some somewhat sluggishly – get back to business.
Integro rebranded as Tysers and RFIB deal completes
Integro has completed the rebrand of its trading names as Tysers, having bought the broker in June 2018.
FCA fires warning shot on insurance culture and misconduct
Insurance firms must be proactive in tackling “unhealthy” culture issues and misconduct, the Financial Conduct Authority has warned CEOs.
Martin Kelsh joins HW Wood
Martin Kelsh, the former production and distribution director of Neon, has joined Lloyd’s broker HW Wood as head of the international non-marine team.
Neon goes into run-off
Neon Underwriting has been put into run-off by owner American Financial Group.
This month: FCA fines, climate change and shaping company culture
This month marks the start of a new decade. And while a new year might bring optimism for the insurance sector it can also bring with it a host of challenges.
Optio buys Newbridge Risk Partners
Managing general agent Optio has bought specialist political-violence and terrorism MGA Newbridge Risk Partners for an undisclosed sum.