Neon Underwriting has been put into run-off by owner American Financial Group.
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.
Managing general agent Optio has bought specialist political-violence and terrorism MGA Newbridge Risk Partners for an undisclosed sum.
The year 2020 has been a long time coming for some in our family. In 1995 my lovely, tiny and very northern grandmother turned 95 and since then all 12 of her great-grandchildren have been counting down to the day she turns 100 and gets her card from The…
Against a background of the winding down of the Target Operating Model and the publication of the Future of Lloyd’s Blueprint, Post, in conjuction with WNS, invited industry experts to discuss the six suggested proposals to modernise the market. Post…
The Prudential Regulation Authority has rolled out special requirements for Lloyd’s after it emerged that the only anonymous whistleblowing channel for the corporation’s staff did not work for over a year.
The market has hailed Andrew Bailey as having run a steady ship at the Financial Conduct Authority and congratulated him as he heads to the Bank of England to replace Mark Carney.
Following last month's Diversity and Inclusion in Insurance Awards we caught up with all the winners. Today we feature the LGBT plus Champion and overall D&I Champion, Marianne Skinner, London Market underwriter at Zurich Insurance and chair of Zurich…
Though a new decade and the opportunity for new beginnings are now firmly in view, this week proved that 2019 still has some endings to get out of the way first.
Ardonagh has cut its carrier relationships from 940 to 700 in the past six months with an eventual target of below 200, Paul Dilley, CEO of Geo Underwriting told Post.
UK managing general agent Tradewise Insurance Services has sourced £55m of capacity from Berkshire Hathaway via Faraday in London to continue writing motor trade business, as Tradewise Insurance Company goes into run-off.
MS Amlin will stop writing corporate property, real estate, casualty and package binders through its UK property and casualty business on 31 January 2020, the insurer has confirmed.
Macquarie Group now holds 5.32% of Watchstone Group, according to a stock exchange filing.
Victor Insurance will operate at Lloyd’s as a “virtual syndicate” writing follow-on business as it looks to provide its capital partners opportunities to participate in risks around the world.
Helios has (almost) done his work and got the week done. Probably because he has an oven ready plan. To leave the working week and enter the weekend.
For an industry that strives to understand and manage risk, uncertainty is not something that is relished. But with some market hardening, a final report from the Financial Conduct Authority on pricing practices and the possibility of Brexit all on the…
Global Risk Partners is in discussion with three private equity firms including Searchlight Capital Partners about taking a majority holding in the consolidator, Post can reveal.
Former Lloyd’s CEO Inga Beale and ex-Grant Thornton US CEO Stephen Chipman will join Clyde & Co's management board on 1 January.
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 …
Victor Insurance is set to establish a syndicate at Lloyd’s and will commence underwriting with a capacity of £57m on 1 January 2020.
The London and International Insurance Brokers’ Association will launch a broker placing committee next year to replace its broker placing and electronic development committee and its PPL broker panel which will be wound up at the end of 2019.
Amanda Blanc will join specialist motor insurer ERS as a non-executive director on 2 January 2020.
A consortium of 18 Lloyd’s syndicates has announced a $25m-capacity-per-risk space insurance product that seeks to capitalise on a predicted tripling of the size of global space market by 2040.
For a market suffering from serious reputation issues when will insurance learn it must start making serious changes?