News
Amanda Blanc makes first appearance as ABI chair
Amanda Blanc made her first appearance as the Association of British Insurers’ chair, as the insurer body debuted new research.
This week in Post: Marsh makes move
Marsh has been the talk of the town this week as it acquired the shares in broker JLT, shoring up its position as the largest broker by revenue in the world.
Zurich CUO takes on RSA UK role
RSA has hired Zurich's Adrian Sweeney as the chief underwriting officer for its UK corporate and international business.
Lloyd’s sees diminished results even as it shrugs off 2017 losses
Lloyd’s H1 pre-tax profit was down 51% on the same period last year, even as the Corporation saw improvements in its combined ratio.
Customers in line for compensation as UK broker fails
Customers of a failed Leicester broker could be in line for compensation from the UK’s guarantee scheme.
Saga appoints James Quin as CFO
Saga has hired Zurich's James Quin as chief financial officer.
Marsh appoints UK corporate CEO
Marsh has appointed Alistair Fraser as CEO of its UK corporate division and Joe Grogan as the chairman of Marsh Ireland.
Over 20 start-ups pledge support for proposed insurtech trade body
Over twenty insurtech start-ups have today pledged their support for a new alliance which aims to ultimately evolve into a fully fledged specialist association.
Zego launches pay-as-you-go cover in Ireland
Gig economy pay-as-you-go broker Zego is launching in Ireland.
Premium Credit says customer data is safe following ‘cyber incident’
Hundreds of customers have been unable to secure premium finance after the UK’s largest provider saw its services go offline following a “cyber incident”.
A-Plan bucks trend with latest high street branch opening
Exclusive: Broker A-Plan continues to buck the high street trend as it launches its 90th branch and aims for further “sustainable development”.
CII warns 'long way to go' even as gender pay gap numbers fall
Gender pay gap figures at the Chartered Insurance Institute have fallen in the last year, but the organisation says there is still a "long way to go".
Jonathon Brown hired as Compare the Market CEO
New CEO Jonathon Brown will join BGL-owned UK price comparison site Compare the Market from 23 October.
Scor investor threatens action over rejection of Covéa takeover bid
Scor’s leadership has been accused of “gross negligence” over its rejection of a takeover bid from Covéa.
Hurricane Florence insured losses in the billions, flooding may still 'worsen'
Insured losses from Hurricane Florence are likely to be between $1.7bn and $4.6bn, Air Worldwide estimates.
SME insurtech Hokodo partners with Scor on SME product
Start-up Hokodo will work with Scor Global’s Channel Syndicate on an SME invoice protection product.
Insurance firm director jailed for 31 false claims and Manchester Arena terror attack fraud
The director of an insurance firm has been jailed for two years after she claimed her daughter had been injured in the 22 May Manchester Arena terror attack.
Up to 3750 jobs at risk from Marsh's acquisition of JLT
Marsh expects to save around $250m in “cost synergies” from the acquisition of JLT, with up to 3750 jobs at risk.
Marsh's JLT deal 'could drive further M&A'
Marsh’s $5.6bn (£4.2bn) acquisition of JLT could spell opportunity for private equity-backed brokers, analysts believe.
Allianz splashes out on Olympics sponsorship
Allianz will become the worldwide sponsor of the Olympics from 2021.
Marsh group buys JLT for $5.6bn
Marsh & Mclennan will buy Jardine Lloyd Thompson for $5.6bn (£4.2bn) in a move that will shore up the company’s position as the largest broker in the world.
Insured losses for Typhoon Jebi could hit $5.5bn
Insured losses from Typhoon Jebi will be between $3bn (£2.3bn) and $5.5bn (£4.2bn), RMS estimates.
Argo selects Harris for Asia and Europe role
Lloyd's international specialty underwriter and reinsurer the Argo Group has appointed former AIG director Matt Harris to lead the company’s Europe and Asia operations
David Beckham becomes health ambassador for AIA Group
Ex-footballer and England captain David Beckham will become the global ambassador for pan-Asian life insurance firm AIA Group.