News
Aviva ends agency with GRP
Aviva has ended its relationship with Global Risk Partners following its split from two other GRP brokers.
Rising star: Claire Tyler, Allianz
Claire Tyler cut her teeth in insurance during the management trainee graduate programme at Enterprise Rent-A-Car. From there, she entered the Allianz claims graduate scheme and worked her way up to become a senior claims handler
Industry slams Tesla’s ‘misleading’ autopilot feature
The insurance sector has called out Tesla for its “misleading” autopilot feature, with industry voices criticising the motor manufacture’s language as confusing for customers.
Electric, not autonomous vehicles keeping underwriters up at night
The impending presence of electric vehicles on UK roads is keeping underwriters awake at night, a conference has heard.
Uber to provide free insurance to drivers in Europe
Uber will provide free insurance to eligible drivers and couriers in Europe following a tie-up with Axa.
Uniqa's Andreas Brandstetter named president of Insurance Europe
Andreas Brandstetter, the CEO and chairman of Austria’s Uniqa Insurance Group, has been elected president of Insurance Europe, the European insurance and reinsurance federation, for a term of three years.
Zurich provides numeracy training to Birmingham pupils
Zurich is partnering with Holly Lodge High School in Smethwick, near Birmingham, to deliver financial literacy training.
Ardonagh MGA division to exit loss-making personal lines
Ardonagh’s underwriting division will exit unprofitable parts of its personal lines book after it reported a £5.2m loss in the first quarter 2018.
Avantia places up to 30 roles at risk in outsourcing move
Exclusive: Avantia Insurance is in the process of relocating frontline roles to Sheffield, placing between 20 to 30 jobs at risk.
RSA backtracks over no bonus for UK staff
Exclusive: RSA has backtracked over a decision to not award bonuses to UK staff, after employees claimed it was unfair that group CEO Stephen Hester received a bonus of almost £5m.
Lloyd's Brussels gets regulatory green light, Vandendael named CEO
Lloyd’s has received regulatory approval from the National Bank of Belgium for its Brussels subsidiary.
Aviva's Townend replaces Blanc as IFB chair
The Insurance Fraud Bureau has apointed Aviva’s managing director of UK General Insurance replacing former Axa UK CEO Amanda Blanc.
Hundreds of hip implant claims ditched as High Court rules not defective
The High Court has ruled that metal-on-metal hip implants are not defective, in one of the largest product liability group actions in recent years.
CII launches Aspire Apprenticeship programmes
The Chartered Insurance Institute has launched its Aspire Apprenticeship programmes.
Insurtech funding reaches record high
The volume of insurtech deals reached $724m in the first quarter of 2018, its highest ever level and 155% greater than the same period last year.
Amazon put on 'beauty parade' to pitch as motor MGA
Exclusive: Amazon put on a ‘beauty parade’ to insurers last December with the intention of pitching itself as a motor managing general agent.
May pledges £400m to remove Grenfell-style cladding, but insurers not off the hook
Exclusive: The government has said the private sector, including insurers, are expected to cover replacement costs potentially dangerous cladding from privately owned high-rise tower blocks.
Insurers slammed over auto-renewal 'loyalty tax' of £37m
Insurers have been slammed for increasing rates on auto-renewals, amounting to what campaigners call a 'loyalty tax' of £37m.
Insure the Box tops 2500 employee learning hours in nine months
Insure the Box has delivered over 2500 hours of employee learning in just nine months.
Direct cyber market grew 32% last year
US property and casualty insurers wrote $1.8bn (£1.34bn) of direct cyber premium last year, a growth of 32% from the previous year.
Scor names McMurdo UK insurance CEO
Stuart McMurdo has been named CEO of Scor’s UK insurance business.
Hastings staff to get instant customer feedback
Hastings Direct is rolling out a customer sentiment platform that will give its staff real-time access to their own customer feedback.
Gocompare uses tools to remove unconscious bias in hiring process
Price comparison site, GoCompare has decided to remove candidates’ names from CVs and create an all-female shortlist for its chief marketing officer role, in a bid to attract more female staff.
Brokers urged to contact FSCS over Alpha collapse
Brokers and managing agents for Alpha Insurance are being urged to contact the UK guarantee fund.