News
Verisk rolls out property data tool for Hong Kong
US-headquartered data and technology firm Verisk Analytics is offering access to detailed property data for Hong Kong.
Swiss Re Corporate Solutions appoints Rake as CEO Asia-Pacific
Swiss Re's insurance arm has promoted its head of South East Asia Jonathan Rake to head of Asia-Pacific.
Allied World launches UK commercial division
Allied World has launched a UK commercial division and appointed Darren Rowe as vice president.
Neos investment will not disrupt partnership with Homeserve, Aviva says
Aviva Ventures’ latest investment into Neos will not affect its standing relationship with emergency repairs service Homeserve.
IPT rise pushes home premiums up despite lower winter claims
Insurance Premium Tax increases have led to a rise in home insurance premiums despite claims over the winter period being lower than in previous years.
Post People: 30 May - 02 June
The latest people moves from the insurance industry.
In Depth: Claimant lawyers move from whiplash to holiday illness claims
Proposed whiplash reforms are likely to be tough on claimant law firms. Many are carving out a niche in holiday destinations for gastric illness claims.
McAdams promoted at XL Catlin to global role
XL Catlin UK and Ireland marine leader Rob McAdams has been promoted.
Insurercore set to launch broking social media platform after fixing technical glitches
Insurercore is set to launch its broker social media platform within the next month after fixing technical glitches.
Crash for cash fraudsters jailed after fabricating accident
Three crash for cash fraudsters have pleaded guilty to fraud by false representation following an Insurance Fraud Enforcement Department investigation.
Repair firm feared to be hacked for personal accident data
Personal accident data has allegedly been hacked from a nationwide bodyshop firm and used by claimant solicitors to drum up business.
Majority of UK businesses 'will not be compliant' in time for GDPR
Less than a third of businesses have started preparing for the General Data Protection Act despite the deadline being less than a year away.
Am Trust receives $300m investment from Karfunkel family after share price falls
Family members of the founders of Am Trust have injected $300m (£233m) into the specialty insurer through a private share offering.
EU regulators to receive Brexit guidance from Brussels
European Union member states are set to receive guidance from Brussels to ensure national regulators do not undercut each other while trying to attract firms from the UK.
Start-up Acko raises $30m for India digital disruptor
Mumbai-based start-up Acko has raised $30m (£23.3m) in seed funding to launch a digital-only general insurer.
Neos secures £5m Series A investment led by Aviva Ventures
Connected home Insurtech startup Neos has secured a £5m series A investment led by Aviva Ventures.
Competition watchdog investigates Solera over Autodata takeover
The competition watchdog is conducting an investigation into Solera’s acquisition of Autodata.
UK General acquisition receives regulatory approval
JC Flowers has completed its acquisition of UK General Insurance.
AIG’s credit rating affirmed by AM Best as Duperreault gets nod of approval
AIG’s credit rating has been affirmed by AM Best, putting an end to the firm's credit review and removing a potential roadblock to the firm’s profitability.
Insurers at risk of losing two thirds of previous customer data due to GDPR
Insurers will have to delete two thirds of data that they hold on customers and risk losing a vital sales pipeline under the General Data Protection Regulations that come into place on May 2018, according to research from Consumer Intelligence.
Broking giant created from Towergate issues £800m bond offering
The insurance broking giant created from the merger of Towergate and other firms has put out a £800m bond offering and a £90m credit facility.
Live blog: Motor Insurance World 2017
Post's Motor Insurance World, as it happened.
AIA extends Tottenham Hotspur sponsorship
Hong Kong-headquartered Asia life and health insurer AIA has extended its sponsorship agreement with English Premier League club Tottenham Hotspur until the end of the 2021/22 season.
Aviva plans to tackle dual pricing with Ask It Never service
Aviva is planning to tackle the issue of dual pricing with its Big Data-driven Ask It Never service and offer customers a fixed level pricing when they renew their policy.