Beazley hopes to slash its expense ratio in half as a result of the proposed widespread reform of the Lloyd’s market and internal investment in automating simpler classes of business.
The UK motor market had the unwanted title of the biggest riser in the annual global reinsurance renewal season this January, adding another reason for intense scrutiny on insurance pricing in the loss-making sector
Exclusive: The number of UK insurance distribution mergers and acquisitions rose from 82 in 2018 to 93 last year, driven by a surge in deals valued under £5m, industry specialists Imas Corporate Finance has revealed.
Global Risk Partners will continue with its focus on regional broker acquisitions, buying niche managing general agents and developing its wholesale business, incoming group CEO Mike Bruce told Post as New York-headquartered PE firm Searchlight Capital…
Aon has posted a 35% leap in profit from $1.13bn (£857m) in 2018 to $1.53bn last year.
Marsh & McLennan Companies has reported revenue of $16.65bn (£12.66bn) and profits of $1.74bn for 2019.
Don't underwrite electric vehicle risks in isolation of claims: Allianz GCS practice group leader Schultz
In order for insurers to better adapt to the wider adoption of electric vehicles they need to make sure that they not managing these risks in silos, a global player has warned.
The wait began in 2017, and many of us felt that the agonising limbo might never end. But after two and a half years, the wait is finally over. That’s right: Kesha’s new album is out today.
Steven Beard is stepping down as CEO of Integro-owned specialist Lloyd’s broker RFIB with immediate effect, the business has confirmed.
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.
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.
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.
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
As the January sales draw to an end consumers aren't the only ones with deals on their minds.
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 Specialty Markets CEO Matthew Moore has been named as the next chair of the London Market Group.
The Lloyd’s Market Association has appointed Jane Hayes as underwriting director, effective 3 February.
Aon has appointed Helene Madell as chief broking officer for commercial risk solutions, health solutions and affinity in the UK.
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 …
The British Insurance Brokers’ Association called for more proportionate regulation as it launched its 2020 Manifesto: Access.
The Financial Conduct Authority has issued a warning after what appears to be data held by the regulator appeared for sale on a website.
James Wright will become Chaucer’s chief risk officer from April.
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…