Lloyd’s/London
Dual targeting $3bn GWP within five years after Align buy
Howden-owned Dual can create a “really unique position in the market” as a specialist underwriting managing general agent and push for substantial further growth on the back of the deal to buy US firm Align Financial, CEO Richard Clapham told Post.
Questgates continues acquisition spree; Dual to buy Align Financial; Right Choice bags Moorhouse; Admiral, Ageas, Allianz, Aviva and Zurich report UK results
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Insurance Cyber Incident Tracker
Data rich insurance businesses have been warned they are a prime target for cyber criminals, with major firms facing up to cyber disruption and ransomware attacks. Who has been affected?
Analysis: Inside two years of insurance data breach reports
Exclusive: Insurers, brokers and other firms within the industry have made 315 data breach reports over two years, with many of the best known businesses in UK insurance among those to notify and cyber a growing concern.
Lloyd’s hit with second green paint attack
One person has been arrested after throwing green paint at Lloyd’s Kent offices, with Insurance Rebellion claiming responsibility.
Q&A: Clare LeBecq, Specialist Risk Group
Clare Lebecq stepped down from her role as London Market Group CEO at the end of April to become group chief operating officer at Specialist Risk Group. Stephanie Denton spoke to her about why the role attracted her and how she still plans to be vocal on…
Former top civil servant Sedwill joins Lloyd's Council
Mark Sedwill, Baron Sedwill of Sherborne, formerly the UK’s top civil servant, has been appointed to the Lloyd’s Council as senior independent director and deputy chair.
Beazley touts cyber claims frequency reductions as it returns to profit
Underwriting action taken at Beazley towards the end of last year has cut cyber claims frequency in half, the insurer revealed on Friday as it reported a $167.3m (£121.8m) pre-tax profit for the first half of 2021.
WTW sells Irish arm to GRP; motor premiums hit five year low; Questgates acquires two firms and LV tops new customer experience report
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
View from the top video: Diversity and inclusion in insurance
In this exclusive interview recorded as part of the Insurance Post Live Annual Conference an expert panel described the D&I challenge in insurance.
Hiscox CEO Bronek Masojada to retire as insurer names successor
Hiscox CEO Bronek Masojada, who has been in post for 21 years, intends to retire at the end of the year.
Best Insurance Employer shortlists revealed ahead of 2021 British Insurance Awards
Earlier this year Insurance Post canvassed the opinions of thousands of insurance employees by way of the second annual Best Insurance Employer Survey.
Insurance firms urged to review dress codes to boost gender inclusion
The Gender Inclusion Network has urged insurance companies to review their dress codes as part of a broader effort to build knowledge and acceptance of non-binary and trans identities in the market.
View from the Top video: Climate, catastrophe and insurance – understanding and preparing for the next major systemic risk
In this exclusive interview recorded as part of the Insurance Post Live Annual Conference 2021 and sponsored by Verisk, Emma Karhan discussed what steps insurers can take to protect the economy and society from the next big systemic risk.
Blog: What does VW Group’s €270m D&O payment mean for 'Dieselgate' D&O coverage?
The VW Group is looking to claw back €270m from its insurers in directors' and officers' claims but Guy Robson, partner at group action law firm Keller Lenkner UK, asks what this might mean for D&O insurance for vehicle manufacturers in the future?
IGI sets up European subsidiary; Ardonagh establishes Irish data hub; Howden launches climate risk arm; Swiss Re backs BP EV trial
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Blog: A time for the insurance sector to aim higher
With the end of the Covid pandemic edging closer, now is the time for the insurance industry to put its weight behind societal and environmental change, argues Peter Mansfield, RPC partner.
McLarens moves headquarters to Lime Street
Exclusive: After more than 40 years at Ibex House, McLarens is moving its headquarters to Forum House on Lime Street.
FCA pledges more accountability after recent parliamentary criticism
The Financial Conduct Authority committed to becoming a more ‘innovative, adaptive and assertive regulator’ as it published its annual business plan.
Lloyd’s takes Eleanor Bucks from L&G as first CIO
Lloyd’s has recruited Eleanor Bucks from Legal & General for the newly created role of chief investment officer.
QBE’s Emma Higgins on the new way of working
After the insurance industry adapted quickly to operating remotely last year, it now faces the challenge of addressing new ways of working in the future, says Emma Higgins, chief human resources officer at QBE Europe.
Staysure acquires Rock, Esure joins forces with Minster Law, and Allianz invests in Heycar
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Ever Given due to leave Suez Canal today after insurance agreement reached
MV Ever Given, which blocked the Suez Canal for a week in March, is due to leave today after a deal was struck between the UK P&I Club and the canal authorities.
Parhelion co-CEO Richardson asserts insurers need to move on from a ‘piecemeal’ ESG approach
The co-CEO of the self-proclaimed ‘world’s first sustainable insurer’ has admitted that he regards Parhelion as a “pathfinder” for the industry and hopes others will follow it into fully committing to the environmental, social and governance space…