News
Atradius UK appoints country manager
Oliver Ford has been named country manager at Atradius UK.
Ardonagh's Inver Re names Nick Griffiths director
Nick Griffiths has joined the Ardonagh Group’s Inver Re as a director.
Rob Gibbs leaves RSA as Lee Mooney and Steve Watson step up in Intact specialty integration
Rob Gibbs, commercial lines managing director at RSA, has decided to leave after 23 years with the business, the insurer has confirmed.
SFO spent £9.5m on Quindell investigation
The Serious Fraud Office spent £9.5m on its six-year criminal investigation into historic accounting practices at outsourcer Quindell, Post can reveal.
COP26 Round up: Week two
Post rounds up the insurance news and announcements from the second week of COP26 in Glasgow.
FSCS cancels 2021/22 retail pool contribution but forecasts £900m levy for following year
The Financial Services Compensation Scheme has dropped its 2021/22 levy to £717m from a forecast £833m as it cancelled the predicted £116m contribution to the retail pool.
Lemonade acquires Metromile; Convex unveils 'multi-million-dollar partnership'; MNK Re launches UK arm and Chaucer in insurtech tie-up
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Hannah Gurga to succeed Huw Evans at ABI
Hannah Gurga will become the next director general of the Association of British Insurers taking up the post in early 2022, the trade body has confirmed.
Allianz appoints Chris Varley as chief analytics officer
Allianz Insurance has recruited Chris Varley from Willis Towers Watson for the newly created position of chief analytics officer.
Allianz recognised in first Laureus Sport for Good Index
Allianz was the only insurer among 29 brands listed in the inaugural Laureus Sport for Good index launched at the UN Climate Change Conference, COP26 in Glasgow.
ABI expresses disappointment over government regulatory framework consultation
The government’s second consultation on regulatory framework reform has received a mixed response from trade bodies.
A-Plan posts rising Ebitda and stable turnover
A-Plan has reported a 5% rise in Ebitda to £36.3m with turnover of £109.4m for the year ended 28 February 2021.
Insurance industry climate change commitments lacking action plans, says Carbon Chain co-founder
Insurance industry is behind other industries when it comes to taking action on climate change, according to Carbon Chain chief operating officer and co-founder Roheet Shah.
All Clear and Insure & Go strike five year deal with Zurich after Mapfre exits UK travel market
Travel insurance specialists All Clear and Insure & Go have signed a five year agreement with Zurich as they "gear up" for the opportunities that lie ahead as travel levels return back to normal.
Prestige Underwriting appoints Eoin Reynolds as Ireland general manager
Eoin Reynolds has been named as Prestige general manager for Ireland and executive director at Prestige Underwriting Services Ireland.
Flood Re CEO warns that flood resilience is not being prioritised
Andy Bord, CEO of Flood Re, has called for increased focus on adaptation measures to cope with climate change that “is already in the system”.
Movo Partnership 'outgrows' GRP’s Hedron network after exceeding targets
Movo Parnerthip is leaving GRP-owned Hedron broker network next year as it looks to focus on independence.
COP26 Round up: Week one
Post rounds up the insurance news and announcements from the first week of COP26 in Glasgow.
EY issues home/motor profit warning for 2022; Collective Benefits and Nimbla get US investment; HSB buys MG Group; Floodflash and Munich Re partner up; and Carrot sold to Granite
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Blanc-led group calls for action to address underrepresentation of women in climate finance
Women remain seriously underrepresented in decision-making roles in climate finance, according to a report from the Women in Finance Climate Action Group convened by Aviva group CEO Amanda Blanc.
Aquiline takes stake in insurtech Ripe to 'turbocharge' next phase of growth
The deal will see private investment firm Aquiline buy a majority stake in Ripe for undisclosed amount.
Insurers must not get in the way of customers' net zero transitions, conference hears
Speaking at the COP26, Net Zero Insurance Alliance founding members urged that insurers should not get in the way of customers moving to net zero.
Hessing makes Aviva return as claims director Lovely departs
Hugh Hessing will return to Aviva as interim chief claims officer, with Dave Lovely leaving the business, Post has learned.
Oil and gas cover undermining climate efforts, says Insure Our Future as it scores insurers' climate policies
The global insurance industry is undermining efforts to meet climate targets by continuing to insure and invest in oil and gas production, the Insure Our Future campaign has said.