News
Driving out Distraction: Is mobile phone use an addiction insurers should worry about?
On 10 August 2016 Tomasz Kroker was driving a truck on the A34 – ahead of him was a very visible long queue of traffic travelling uphill. The truck was travelling at 50mph, and Kroker made no attempt to reduce speed when he hit the first vehicle driven…
Insurers exposed to ex-MP’s £10m claim against Staffordshire Police
Travelers is among a number of insurers that are exposed to a pending £10m legal claim against Staffordshire Police by a former member of Parliament, who was accused of non-recent child sexual abuse, Post can reveal.
Aviva changes a slow burn story, say analysts
Aviva’s strategic update brought no “major announcements regarding the shape of the group” and “no real significant changes,” according to analysts.
Staysure buys majority stake in aggregator owner
UK insurance and travel provider Staysure has acquired a controlling stake in Eclipse Financial Holdings, the owners of payingtoomuch.com.
Aviva targets 20% premium growth by 2022
Aviva CEO Maurice Tulloch has revealed that the insurer is targeting a 20% increase in general insurance premiums by 2022.
Investors make insurance inquiries over Labour nationalisation plans
British utilities investors have made inquiries about insurance coverage for their assets in the event that they are nationalised under a Labour government following next month’s general election.
Risk managers warned 'more human-centred approach' needed on sustainability
Risk managers, alongside accountants and regulators, must adopt a “more human-centred approach” to tackle the risks presented by climate change, the managing director of the World Business Council for Sustainable Development has said.
Go Compare owner appoints chief technology officer
The owner of Go Compare, Goco, has appointed Seb Chakraborty as group chief technology officer, with immediate effect.
Lloyd’s launches ‘speak up’ campaign with culture under the spotlight
Lloyd’s has launched a campaign to encourage people to speak up over “unacceptable behaviour”, after its culture survey revealed less than half of respondents felt comfortable in raising concerns.
Driving out Distraction: 1st Central marks Road Safety Week with safety film
1st Central has unveiled a powerful new short movie to mark Road Safety Week, raising awareness of dangerous distractions on the road.
Thousands of Alpha latent defect policyholders yet to submit FSCS claims
The Financial Services Compensation Scheme has called on “thousands” of Alpha Insurance latent defect policyholders to submit their premium refund claims to the portal on the Danish insurer's website.
Allianz to hold talks with Saracens after club accepts punishment
Saracens and primary sponsor Allianz are to hold discussions after the rugby club opted against appealing the £5.36m fine and 35 point penalty imposed for failing to disclose payments to players and breaching a salary cap.
Bought By Many chairman Pearson steps down
Bought By Many chairman John Pearson is no longer a director at the insurtech, Post can reveal.
Ex-mutual insurer CEO facing £150,000 fine and ban
The former CEO of a mutual insurer is looking at fines and a ban, following a joint investigation by the Financial Conduct Authority and Prudential Regulation Authority.
Marsh Commercial closing four offices
Marsh Commercial is closing offices in Northampton, Newmarket, New Malden and Leeds.
Atlanta takes Karen Hogg from Sainsbury’s as COO
Former Axa and Kwik Fit leader Karen Hogg is returning to broking as chief operating officer of Atlanta Group, Post can reveal.
GRP buys Gauntlet Insurance Services
Global Risk Partners has bought London-based private client specialist broker Gauntlet Insurance Services for an undisclosed sum.
Post launches Driving out Distraction Campaign
At the beginning of the month the current government confirmed it would seek to tighten the law around handheld mobile devices on the road, but will not extend a ban to hands-free use. While Post supports this initial step it believes that the government…
Allianz Global Corporate & Specialty names CEO
Allianz Global Corporate & Specialty has appointed Joachim Müller as CEO, succeeding Chris Fischer Hirs.
NFU Mutual on hunt for claims head after Jon Cawley's exit
Exclusive: NFU is actively recruiting for a new head of claims following the departure of Jon Cawley.
Pioneer places syndicate in run off
Pioneer Underwriters has cut loose Syndicate 1980.
This week in Post: Deluge, diversity and misdemeanours
More than 800 houses have been evacuated due to flooding and many of those families won't be back in their home for Christmas. Flood warnings are still in place and there are reports that flood defence equipment is being stolen.
Diversity and Inclusion in Insurance Awards: The winners
Zurich Insurance and its employees were among the big winners at the inaugural Diversity and Inclusion in Insurance Awards last night.
TMK recruits Matthew Shaw from Chubb as chief underwriting officer
Tokio Marine Kiln has appointed Matthew Shaw as chief underwriting officer.