News
PI insurers secure important claims aggregation victory
Solicitors' professional indemnity insurers have emerged victorious with regard to the manner in which they are allowed to aggregate claims, following a recent decision by the Court of Appeal.
Financial services falling behind with female representation
Executive Committees in financial services will not reach 30% female representation until 2048, it was revealed today in a report by global management consultancy Oliver Wyman.
JLT mourns death of Lord Leach
Jardine Lloyd Thompson Group has praised the "significant contribution" made to the broker from Lord Leach of Fairford, who died on 12 June after a short illness.
Marketform rebrands as Neon in break with ‘unprofitable’ past
Marketform has rebranded itself as Neon in order to begin a “new chapter” in the company’s trouble history.
UK's Ingenie licenses software to Dutch telematics provider
Ingenie has licensed out its software platform to a Dutch telematics provider.
Specialist drone insurance set to take off says RPC
The fast-paced growth of the UK's commercial drone market is increasing demand for specialist drone insurance, according to law firm RPC.
JLT hires new Nordic head from Guy Carpenter
JLT Re has appointed Anna-Karin Toresson as head of its property and casualty reinsurance business for the Nordics.
Insurers fear loss of business to FinTech sector
The scale of the threat posed to the insurance market by FinTech companies has been revealed in a new report by PwC.
Norwegian model is not acceptable alternative to EU membership, ABI warns
The UK would suffer if it swapped European Union membership for a ‘Norwegian model’ of equivalence, the director general of the Association of British Insurers has warned.
#Postpeople: 13 - 17 June 2016
All the latest insurance industry market moves between 13 and 17 June 2016.
RSA and Trak Global continue partnership
RSA will continue its telematics deal with Trak Global, with the company supporting the insurer’s More Than smart wheels proposition for young drivers.
The IMPRA: PRs recognised for making insurance awesome
The unsung heroes of insurance received due recognition this afternoon at the second Insurance Marketing and PR Awards.
Sandy Dunn takes up board advisor role at Igo4
Personal lines and telematics broker Igo4 has appointed industry heavyweight Sandy Dunn as a board advisor.
Bexhill appoints Alan Atkins as managing director
Premium finance firm Bexhill UK has appointed Alan Atkins, previously head of retail broking at Premium Credit, as its managing director.
IMPRC 2016: Veil must be lifted on insurance to gain trust
The insurance industry needs be more transparent on what is does in order to gain customer traction and trust.
IMPRC 2016: Dialogue more important than just demanding payment say top insurer PRs
Consumers shouldn’t only hear from their insurers once a year when it comes to renewing policies, a conference heard.
IMPRC 2016: Marketing professionals define what makes a brand powerful
Three leading insurance marketing professionals were each given 400 seconds to outline their communication strategies at a ‘pecha kucha’ session at an industry conference.
Zurich restructure will see jobs cuts
Zurich’s proposal to unite its life and GI arms will see jobs go but exact details are still to be ironed out at the insurer.
IMPRC 2016: Digital transformation is key to business success
The insurance industry needs to undergo digital transformation in order to become more customer centric.
DAC Beachcroft’s Claims Solutions Group launches new Innovations Lab
DAC Beachcroft has responded to calls for the insurance industry to be more innovative with the launch of its Innovations Lab - a research and development hub.
Zurich to bring life and non-life units together as Greco restructures senior management
Global giant Zurich is bringing its non-life and life businesses closer together with several senior management changes.
IAG receives 10,000 claims from storms
Australian giant IAG has received around 10,000 claims from Australia's deadly east coast storm.
Surveys reveal industry has crisis of confidence over EU
Two-thirds of insurance professionals admit having ‘lost faith’ in the EU, yet a majority still believe a Brexit would harm the industry.
More transparency on broker commission ‘could hit small firms hardest’
Forcing brokers to disclose commission rates voluntarily to commercial clients could hit smaller firms hardest, the managing director of Alexander Miller has warned.