News
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.
Flood forecasting insurtech launches nationwide
Insurtech Previsico has launched nationwide, aiming to support insurers, brokers and their customers across the whole of the UK with live actionable flood warnings.
ABI and Biba at odds over ring-fencing insurance taxes for flood defences
Insurance trade bodies have found themselves at loggerheads over whether part of insurance premium tax should be ring-fenced for flood defences.
Industry responds to 'jaw-dropping' behaviour at FCA headquarters
The insurance industry has reported mixed responses to reports of “shameful” behaviour by staff at the London offices of the Financial Conduct Authority.
North of England floods could cost industry £80m to £120m: PWC
Flooding in the north of England could cost insurers between £80m and £120m, PWC has estimated, though this could rise.
Gallagher boss Simon Matson apologises for 'insensitive comments'
Simon Matson, UK CEO of Gallagher, pictured, has said sorry for the “insensitive comments” he made which came to light in the staff and business poaching court case the firm lost to Ardonagh this October.
Pen Underwriting promotes Michelle Bree to COO
Pen Underwriting has promoted Michelle Bree from director of operations to chief operating officer, effective 1 December.
Who is the best insurance employer in the UK market?
Does your employer go above and beyond to look after its staff? Are the perks you receive out of this world?
ABI backs Gibraltar government's pitch to British businesses
The Association of British Insurers remains “fully supportive” of the Gibraltarian insurance market and “the choice that it gives UK customers,” ABI director general Huw Evans has said.
Zego to target UK insurance licence after becoming Gibraltar carrier
Insurtech Zego has become a licensed insurance carrier in Gibraltar and is also expected to target a full UK licence.
UK composite insurance pricing surges 12% in Q3, says Marsh
Insurance pricing in the third quarter of 2019 surged by 11.8% year on year in the UK driven by increases in property as well as financial and professional liability lines, according to research by Marsh.
Plan Group targets top 50 with Pedal Cover Plus buy
Plan Group has bought Kingswood Insurance Brokers, the owner of Pedal Cover Plus, as it targets becoming a top 50 independent broker within five years.
Guidewire unveils product innovation platform
Guidewire's latest platform, Advanced Product Designer, is expected to design and deliver insurance products faster, a conference heard.
Eldon intending to rebrand as Somerset Bridge
Arron Banks' Eldon Insurance Services is planning to rebrand as Somerset Bridge by the end of the year, Post can reveal.