News
Impact of Dive in Festival sees more Lloyd's firms implementing formal D&I policies
The number of Lloyd’s firms with diversity and inclusion councils or committees has gone up by 17.5% since 2016.
Aubert reappointed as London Market Group chair
The London Market Group has re-appointed Willis Towers Watson GB head Nicolas Aubert as its chair.
Watchstone to break up as CEO prepares to leave
Watchstone has revealed plans to break up as it prepares all remaining businesses for divestment.
MSIG Thailand unveils 60 second claims app
Insurer MSIG Thailand has developed a mobile app that allows customers to report motor claims and receive assistance.
Hastings sees new business influx following Ogden change
Customers buying car insurance through price comparison sites has led to an influx of new business for Hastings as motor premium rates continue to rise in light of the change to the discount rate.
Spencer returns in Hong Kong to AIA
Former Zurich head of Asia-Pacific Stuart Spencer is returning to insurance with a role as chief marketing officer at AIA.
Potential Swinton job losses a 'disappointing tragedy'
The changing consumer buying habits linked with 900 potential Swinton redundancies has not prevented other brokers from succeeding on the high street, experts said.
Motor premiums set to rise by 29% by 2018
Motor premiums will rise by up to 29% by January 2018 due to hikes to Insurance Premium Tax, increasing repair costs and the EU's Vnuk ruling.
Commercial lines brokers must adapt or 'face extinction'
Commercial insurance brokers “face extinction” if they fail to evolve into business advisers within the next decade, the Chartered Insurance Institute has said.
Big Data practices 'will trickle down from health to GI'
Health insurers may be leading the way with data analytics but best practices will eventually trickle down to general insurance, the CEO of a health tech start-up said.
Willis Towers Watson appoints head of broking
Willis Towers Watson has appointed Clyde Bernstein as the head of broking, for its corporate risk and broking division.
Towergate's Ebitda climbs 12% on back of restructure
Towergate has seen 12% growth in underlying profit after a year of wrestling with "enormously complex legacy and infrastructure challenges".
Keng Hooi to replace Tucker at AIA earlier than planned
AIA regional CEO Ng Keng Hooi will takeover from Mark Tucker as AIA's group CEO three months earlier than originally planned.
Swinton to cut 900 jobs in shift away from high street model
Swinton will likely cut 900 roles from its business by the end of the year as part of a wider restructure.
David Cameron to deliver Biba conference keynote speech
The British Insurance Brokers’ Association has revealed that David Cameron will be making the closing keynote address at the group’s annual conference in May.
FCA publishes first complaints figures since rule change
The Financial Conduct Authority has published its first set of complaints data since new rules came into force in June last year.
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.