News
Insurtech start-up to offer cyber 'credit checks' for insurers
A start-up is planning to offer insurers a cyber security risk analysis for high net worth individuals and businesses.
LV finance boss Philip Moore to step down
LV has appointed Lloyds Banking pensions boss Andy Parsons as finance director.
Pen signs £25m equestrian capacity deal with Markel
Pen Underwriting has signed a £25m capacity deal with Markel for its equestrian products.
QBE hires Baxter as Gould moves to claims in Australia
QBE Australia and New Zealand has appointed Mark Baxter as chief risk officer.
ABI holds cross-sector roundtable on discount rate
The Association of British Insurers held a cross-sector roundtable yesterday to discuss the reduction to the Ogden discount rate.
Brand reputation is top risk to companies worldwide
Brand reputation and damage is the top concern for business across the globe according to survey findings from Aon.
Health insurer uses AI 'medical brain' to aid staff in decision-making
A health insurer is using an artificial 'medical brain' to improve its underwriting and claims.
Building Block expands into Portugal
Malta-based PCC Building Block has partnered with Automovel Club de Portugal to launch health excess insurance to ACP’s members.
AIR Worldwide launches cyber risk aggregator tool
Catastrophe modelling firm AIR Worldwide has launched a cyber risk modelling tool to estimate potential insured cyber losses across an insurer's portfolio.
Towergate places 133 jobs at risk in restructure
Towergate has placed 133 jobs at risk following a restructure in its finance operation.
Cyclone Debbie to cost Queensland A$2bn
The cost of last month's powerful category four cyclone to Queensland has been estimated at around A$2bn (£1.18bn).
Aviva buys out Vietnam operation
UK-headquartered insurer Aviva has bought 50% of the remaining shares in VietinBank Aviva Life Insurance for an undisclosed amount.
Marsh and Nephila bring alternative capital property offering to market
Marsh and The Schinnerer Group have launched the first alternative capital-backed retail property-insurance vehicle for companies in the United States.
XL Catlin to participate in 30-month autonomous vehicle trial
XL Catlin is involved in a project that will trial a fleet of autonomous vehicles between Oxford and London alongside a consortium of partners.
Whiplash reform bill shelving is green light for personal injury 'gravy train'
Insurance premiums will continue to skyrocket for motorists as a result of the government's decision to shelve proposed whiplash reforms, the AA has warned.
Media, technology and cyber MGA Nirvana launches
Former Axis Capital London media and technology manager Rob Jones has launched a managing general agent targeting media, technology and cyber liability risks.
Carole Nash acquire book of business from Cornmarket Insurance
Carole Nash has decided to purchase Cornmarket Insurance Services’ Republic of Ireland motorcycle insurance book of business.
Aviva's 'Ask It Never' concept to cut out question asking process
Aviva has created a new prototype system that will use Big Data rather than rely on customers to fill out hundreds of questions when making an application.
China's regulator warns insurers over risk
The China Insurance Regulatory Commission has warned insurers to intensify scrutiny over their operations.
Post People: 24 - 28 April 2017
This week's movers and shakers.
Circle Asia hires three in Hong Kong
Luxembourg-headquartered specialist MGA Circles Group has expanded its Hong Kong team and moved office.
This week in Post: Snap decisions, Can-can and costs
In a snap decision just after Christmas I agreed it would be fun to attend a Moulin Rouge secret cinema perfomance, with little thought to the effort this would involve or the costume I'm currently having to source.
Allianz makes strategic investment in Lemonade
Allianz has made a strategic investment in US insurtech start-up Lemonade.
FCA aviation probe to centre on sharing of sensitive data
A misconduct probe into the aviation broking sector will centre on whether firms have been sharing competitively sensitive information.