News
Arthur J Gallagher acquires 85% of Brim AB
Arthur J Gallagher has acquired an 85% stake in Swedish specialist insurance and reinsurance broker Brim AB.
Aviva will not need to restructure following Brexit, CEO says
Aviva will not need to restructure its business as a result of a Brexit, the company’s CEO has said.
Munich Re seeks buyer for Great Lakes Australia
Munich Re is looking to speed up the sale of its Australia and New Zealand specialist insurer Great Lakes Australia.
Brexit will provide opportunities for insurers in Malta and UK, Building Block Insurance say
The historic relationship between Malta and the UK will provide opportunities for insurance businesses following Brexit, Maltese insurer Building Block has said.
Beazley CEO celebrates 10 years in Asia; investigates Ireland passport
Andrew Horton, CEO of Beazley, is in Singapore this week to celebrate 10 years writing business in the continent.
Number of 'unmeritorious' claims against cosmetics surgeons on the rise
The amount of “unmeritorious” claims against cosmetic surgeons is increasing as a result of “vicious” review sites, law firm Manleys has said.
Brightside Insurance loses deal with Co-op
Brightside has lost the deal to arrange taxi, van and mini bus cover for Co-operative Insurance customers, to broker Miles Smith.
Broker Halo seeks new private equity backing as it enters GAP market with Mapfre
Halo is planning to seek new investment, six years after the car hire excess insurance specialist launched with Bridges Ventures, a social impact fund started by Sir Ronald Cohen.
IFED makes arrests during Scottish ghost broking investigations
Amid its investigations into ‘ghost broking’ in Scotland, the Insurance Fraud Enforcement Department has made arrests of alleged culprits of fraud.
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Find out this week's movers
Towergate completes sale of Broker Network stake
Following its announcement on the 23 March, Towergate insurance has completed the sale of a majority interest in its Broker Network Business to Highbridge Principle Strategies.
Arch's Weatherstone and RSA's Hancock among six London Market executives elected to IUA board
Six senior London Market executives have been elected to the governing board of the International Underwriting Association.
Nexus makes first overseas acquisition in Hong Kong
Lloyd's MGA Nexus has bought Hong Kong-based marine MGA Beacon Underwriters for an undisclosed sum.
Government to cut corporation tax to 15% following Brexit
The government will cut corporation tax to 15% in order to persuade businesses to remain in the country following the Brexit vote.
Home smart home: Are insurers behind the curve on connected houses?
Insurers could miss the boat on connected homes if they don't have the right capabilities to exploit this market now.
I work in insurance - Stephen Crane, TSS Loss Adjusting
Stephen is a senior civil engineer at TSS Loss Adjusting, part of Questgates, Post found how more about his job
Hughes swaps HDI for XL Catlin in Australia
Tom Hughes has been appointed head of marine Australia for XL Catlin.
China establishes home earthquake insurance
China has introduced its first household earthquake insurance policy.
Safety-driven vehicle technology will help protect older drivers, says task force
Embracing safety-driven technology such as autonomous early breaking systems would help protect older drivers, a report from the Older Drivers Taskforce has said.
Brightside launches apprenticeship programme
Brightside Group is launching an apprenticeship programme for school leavers who want to go straight into work rather than go to university.
Bennett Christmas buys Southwater Insurance Services in fourth acquisition swoop
Sussex-based Bennett Christmas Insurance Brokers has increased its regional footprint with its recent acquisition of Southwater Insurance Services.
East London is uninsured driving hot spot
East London tops the list of uninsured driving hotspots with 13.4% of vehicles in the area being uninsured.
RSA kicks off against fraudulent Welsh footballers
A suspected large-scale criminal conspiracy to defraud RSA involving several semi-professional Welsh footballers has been successfully tackled.
Police visit addresses suspected of being used by ‘ghost brokers’
Fraud detectives are visiting addresses in Scotland suspected as being used by insurance ‘ghost brokers’.