News
FCA boss warns insurers about ‘exploiting’ customers through Big Data
The Financial Conduct Authority has warned against insurers “exploiting” customers by using Big Data to unfairly tailor premiums.
Towergate ‘awash’ with opportunity following Marsh’s Bluefin acquisition
Towergate is “awash with opportunity” following the acquisition of Bluefin by Marsh, its CEO David Ross said.
Towergate sees first quarter of growth following restructure
Towergate has seen its first quarter of growth since restructuring began last year, but underlying profitability for year to date is down.
Axa launches new on-demand insurance app in partnership with Trov
The UK’s first on-demand insurance cover has been launched today through the free mobile app Trov, with the insurance being underwritten by Axa Insurance.
Amanda Blanc appointed as new chair of the ABI's General Insurance Council
Amanda Blanc has been appointed as the new chair of the Association of British Insurers’ General Insurance Council.
Innovation in Insurance 2016: Insurers are adapting to emerging risks
Insurers have been quick to adapt to emerging risks, a conference heard.
Ghost broker ordered to pay back £17,000 or face nine-month prison sentence
Insurance ‘ghost broker’ who set up 133 false policies has been ordered to pay back £17,000 or face a nine month jail sentence.
Gable creditors have 10 months to submit claims as company enters liquidation
Companies and individuals owed money by Gable have been invited to submit their claims after a Liechtenstein court appointed a liquidator to the company.
Innovation in Insurance 2016: Insurtech start-ups are an opportunity, not a threat
Insurers should see insurtech start-ups as an opportunity rather than a threat, a conference heard.
Insurtech firm Wrisk signs deal with Munich Re
Insurtech start-up Wrisk will see capacity provided by Munich Re for business written in the UK, Europe and US.
Lloyd's and Iran in trading talks
Lloyd’s of London has begun talks with Iran’s insurance industry on the potential of underwriting business in the Middle Eastern country.
Digital Insurance Awards 2016: Winners
The industry’s most digitally-savvy gathered at Post’s annual Digital Insurance Awards, where awards were handed out for technological triumphs.
Aegis London appoints new CFO and compliance director
Aegis London has appointed Hermien Smeets-Flier as chief financial officer and Graeme Tennyson as director of risk and compliance.
Innovation in Insurance 2016: Insurers need to evolve to meet Millennial demands
Insurers have to evolve to meet the demands of the millennial market, Guidewire managing director Keith Stonell said today.
#Post People 21 -25 November
Check out the latest movers and shakers.
Gable turns on administrator over ‘illegal’ shareholder meeting
Gable said it was “illegally” denied voting rights at a shareholders meeting, in which a petition to wind up the company was passed.
Dash cam app could help tackle motor fraud
Dash cam app Jolt, which records videos in the event of a crash via a driver’s smartphone, will launch next month.
£650,000 'crash for cash' gang sentenced
A sprawling crash for cash gang has been sentenced for its involvement in a £650,000 scam involving 23 insurers.
This week in Post: Cracking on with Christmas shopping
Walking around London and seeing the shops and streets beginning to fill up with signs of Christmas, I wondered what industry-related gifts insurance companies might be asking for this year.
Bupa buys dental provider for £835m
Health insurer Bupa has bought a private dental provider for £835m.
MAP staffer named 'underwriter of the year'
Richard Trubshaw, a property underwriter at Managing Agency Partners, has been named London’s leading underwriter based on broker nominations, according to a new report.
Kevin Ingram appointed senior vice president of FM Global
Kevin Ingram has been appointed senior vice president of finance and chief financial officer of FM Global.
Biba welcomes FCA's plans to review its handbook
The British Insurance Brokers’ Association has welcomed the Financial Conduct Authority’s suggestion that it would review its handbook.
'Lavish' woman sentenced for taking insurance company for a ride
A woman has been sentenced after falsely claiming £10,000 for stolen horse saddles. The money was used to "fund her lavish lifestyle".