News
Chaucer appoints Xamira Groves as head of insurance
Xamira Groves has joined Chaucer from Axa XL as head of insurance.
Consumer Intelligence hires head of insurance
Karen Houseago, who had been with LV for 17 years, has joined Consumer Intelligence as head of insurance.
Rob Bredahl named Tiger Risk CEO as Rod Fox becomes chair
Tiger Risk Partners has appointed Rob Bredahl as CEO with founder and incumbent Rod Fox taking on the role of executive chairman.
Direct Line swoops for Ash Jokhoo from Virgin Atlantic as CIO
Direct Line Group has recruited Ash Jokhoo as chief information officer joining from Virgin Atlantic where he was chief data and information officer.
No ad budget for whiplash portal as insurers query signposting gaps
Insurers have queried signposting missteps around the whiplash portal as Post can reveal there is no advertising budget to raise awareness.
MUM the ideal complementary buy, says Pen boss Tom Downey
Pen Underwriting has bought Manchester Underwriting Management for an undisclosed sum adding 50 staff and over £60m of gross written premium to the Gallagher-owned managing general agent.
Parhelion adds David Foreman as chair
Howden-backed Parhelion has appointed industry veteran and founding member of Ark Syndicate Management David Foreman as chair.
Outgoing CII CEO Fisher praised for modernisation efforts
Sian Fisher had considerable success modernising the Chartered Insurance Institute during her time as CEO and the next leader needs to build on the foundations she has created, according to a range of insurance experts.
Pullum to oversee GB for WTW as Aubert exits
Anne Pullum, Willis Towers Watson head of Europe, is set to lead the broker’s Great Britain business after head of GB and Willis Limited CEO Nicolas Aubert steps down after today.
CII CEO Sian Fisher to step down
Sian Fisher will step down as CEO of the Chartered Insurance Institute at the end of March having been in the role since 2016.
Admiral, Covea and Hastings back Drive Score launch; Abacai teams up with Ticker; Bollington to rebrand under Gallagher; Aviva extends Founders Factory tie-up; and Cover Genius seals Series C raise
Post wraps up the major insurance deals, launches and investments of the week.
Minster Law strikes deal for Irwin Mitchell's fast-track PI business
Minster Law has reached an agreement to take over Irwin Mitchell’s fast-track personal injury business with intentions to “lead consolidation in the market”.
Donaldson steps up to Ardonagh Retail CEO and Rawlinson promoted to lead Atlanta
Ardonagh has promoted Ian Donaldson to the position of CEO for Ardonagh Retail with Emma Rawlinson replacing him as Atlanta Group CEO, Post can reveal.
Covéa talks to buy Axa XL Re fall through: report
Covéa has failed to secure a deal to buy Axa XL Re, Post’s sister title has reported.
Chaucer picks Cassandrah Mgoyo as first university scholar
Chaucer has chosen Cassandrah Mgoyo as the recipient of its new scholarship programme designed to find the next generation of leaders and fund them through university.
FCA reveals staff terms and conditions review
The Financial Conduct Authority is reviewing staff incentives across the organisation having scrapped bonuses for executives, CEO Nikhil Rathi has confirmed.
General insurers lag behind reinsurers and investment managers in operational resilience readiness
General insurers are lagging behind reinsurers and investment managers in their preparation for operational resilience rules that come into force in March 2022, according to research by Oric International and Sicsic Advisory.
Brit interim CEO named as Matthew Wilson takes indefinite leave of absence
Brit CEO Matthew Wilson has taken an indefinite leave of absence for health reasons, with Martin Thompson named interim CEO.
Brokers foresee disruption from Amazon business insurance deal but no reason to panic
Amazon Business’ partnership with insurtech Superscript has the potential to bring an element of disruption and grab niche market share by meeting demands but advice is still key for corporate SME business, according to experts.
Trade bodies collaborate on product governance amid concerns of sluggish progress
Insurance industry trade bodies are working to agree templates for information sharing between firms to enable them to more easily come into line with the Financial Conduct Authority’s enhanced product governance rules.
Julian Enoizi elected as Insurance Institute of London president
Pool Re CEO Julian Enoizi has been elected as Insurance Institute of London president, with Marsh UK country corporate officer Chris Lay named as deputy.
Beazley recruits Bob Quane from Axis Capital as CUO
Beazley has appointed Bob Quane as chief underwriting officer joining from Axis Capital where he was CUO of the insurance segment.
Analysis: Willis Towers Watson's retention and recruitment challenge
The cancellation of Aon and Willis Towers Watson's mega merger poses a talent challenge for the world's third largest broker.
Obituary: Insurance veteran Sandy Dunn passes away
Many were shocked and saddened this week to learn that Sandy Dunn, a well known and respected figure in the industry, had passed away suddenly, after a brief illness.