News
Deakin appointed deputy CEO of Ardonagh
Janice Deakin has been appointed deputy CEO of Ardonagh.
Helvetia Venture Fund acquires stake in Inzmo
Helvetia Venture Fund has acquired a holding in Estonian insurtech company Inzmo.
Neon appoints Tim Overton as head of pricing
Neon has appointed Tim Overton to the newly created role of head of pricing.
Bovolini promoted at Generali Asia
Marco Bolivini, head of broker relationship management for Hong Kong at Generali's global corporate and commercial division, has been promoted to a regional role.
Cunningham Lindsey and Sedgwick are ‘complementary businesses’
Cunningham Lindsey and new owner Sedgwick are “complementary” businesses, the CEO of the claims firm said.
Sedgwick to buy Cunningham Lindsey
US firm Sedgwick has acquired loss adjuster Cunningham Lindsey for an undisclosed amount.
Direct Line offers Tesla owners a discount for using autopilot
Direct Line is offering Tesla owners a 5% discount on their premiums for using the ‘autopilot’ feature.
Justice Committee launches whiplash inquiry
The Justice Committee has launched an inquiry into the government’s proposals for raising the small claims limit for personal injury.
Davies Group boosts tech investment with innovation lab launch
Davies Group has launched an innovation lab to boost investment in technology and digital transformation.
Saga makes 90 redundancies across business
Saga has made 90 employees redundant across the business.
FCA fines Bluefin £4m for misleading customers
The Financial Conduct Authority has fined Bluefin over £4m for failing to provide information to its customers about Bluefin’s independence in a way that was clear, fair and not misleading.
LV reveals GI executive team as part of Allianz partnership
LV as revealed the executive team that will lead the general insurance business as part of its strategic partnership with Allianz.
RSA tie up with Nationwide to add £180m of premium
RSA has launched a partnership with Nationwide Building Society that is expected to add over a million home customers to the insurer’s books.
Insurance firms listed in FCA sandbox
The Financial Conduct Authority has announced 18 firms will join its third regulatory sandbox cohort, including three working in the insurance sector.
Sabre's value climbs on stock market debut
Sabre Insurance’s valuation rose 9% to roughly £630m in the first hour of its London Stock Exchange debut this morning.
Cytora secures £4.4m for expansion plans
London-headquartered artificial intelligence start-up Cytora has secured £4.4m from investors to help expand its service internationally.
Former Lloyd’s management director Tom Bolt joins AIG
AIG has named former Lloyd’s performance management director Tom Bolt as chief underwriting officer, general insurance.
Hiscox Re names underwriting director
Hiscox has named Megan McConnell as director of underwriting for Hiscox Re in London.
Marsh set to resume control over support services from Capita
Marsh is set to resume control over its Norwich-based client support services following the conclusion of its 10 year partnership with Capital Re.
Hyperion investment will allow group to operate independently, says CEO
CDPQ’s $400m investment in Hyperion will allow the group to continue to operate independently, CEO David Howden said.
Hiscox launches virtual cyber unit, names management team
Hiscox has brought together its cyber expertise to form a ‘virtual business unit’.
Zurich restructures broker distribution
Zurich has named Graham Boffey as head of UK distribution in a string of management changes within broker distribution at Swiss insurer.
London market issue guide on GDPR
Trade bodies from across the London market have published guidance to help members navigate the impending implementation of the General Data Protection Regulation.
Marsh appoints Mark Costin as head as head of UK aviation practice
Marsh has appointed Mark Costin as head of its UK aviation practice, effective immediately.