News
Ageas: No ‘indication of concrete interest’ from Fosun on takeover bid
Ageas Group claims to have had “no indication of concrete interest” of a takeover bid from Fosun, despite reports that the Chinese multinational is eyeing the insurer.
Hiscox hires new CUO from Zurich
Hiscox has appointed Zurich’s EMEA claims director as its new UK and Ireland CUO.
Legal & General makes broker appointments
Legal & General has made several senior promotions within its general insurance division, as part of its strategy to grow its broker business.
Rising Star: Ryan Field, Morgan Clark
Ryan Field is a loss assessor and found being thrown into a surge situation challenging but good experience
Chubb makes headway with post-Brexit preparations
As part of their Brexit preparations, Chubb European Group and ACE Europe Life have both converted to Societas Europaea.
Whiplash reform 'should be delayed further' if testing reveals problems
Whiplash reforms should be delayed still further if testing proves the system is inaccessible for people unable to access the internet, MPs have warned.
Former Lloyd's chairman calls for second referendum on Brexit
Former chairman of Lloyd’s John Nelson has called for a second referendum on Brexit, urging UK business to galvanise the public to understand “the true realities” of what the UK is facing.
Terry's case against Watchstone wraps up in court
The fifth and final day of proceedings in Rob Terry’s case against Watchstone, formerly known as Quindell, took place yesterday.
Mark Cliff to step down from Brightside
Mark Cliff will step down from his role as CEO of Brightside, as the company looks toward finding a replacement.
CBL-owned broker files for liquidation
French construction broker SFS Europe, which is majority owned by CBL, has placed itself into voluntary liquidation.
Motor insurers vote in favour of MIB taking over terror claims
UK motor insurers have voted that the Motor Insurers' Bureau is to handle and pay the claims from victims involved in a terrorist event where a vehicle is used as part of a terror attack.
County Group acquires first broker following GRP takeover
GRP-backed County Group has acquired a Wigan-based commercial broker as part of a plan to double its size.
Paris attacks victims receive €75m
The French compensation fund has so far paid out more than €75m (£67m) to over 2600 victims and relatives of casualties of the November 2015 Paris terror attacks.
Automated and Electric Vehicles Bill passes through parliament
The Automated and Electric Vehicles Bill has passed through parliament and gained royal assent.
Axa fraud head and IFB stalwart Richard Davies passes away
One of the most recognisable figures in the fight against insurance fraud Richard Davies sadly passed away this morning.
RSA: Driverless cars 'no longer space age fantasy'
Exclusive: The drive towards autonomy is well underway, a report produced by RSA following its collaboration on the three-year Greenwich Gateway project shows.
FCA prepares for no deal Brexit
The Financial Conduct Authority has said that it is planning for a no deal Brexit and is hoping for a transition deal through late 2020.
Paris attacks victims' claim against French state rejected
A French court has rejected the claim filed against the French state by people who were injured or whose relatives died in the Paris attacks in November 2015.
This week in Post: World Cup, Wimbledon, and Westminster
With the World Cup firmly in French hands and Novak Djokovic and Angelique Kerber crowned Wimbledon champions, it’s back to work for the insurance industry with all eyes turning to Westminster.
SEIB picks up Equicover brand
South Essex Insurance Brokers Insurance Brokers has taken over £250,000 in gross written premiums from equine insurance broker Equicover’s portfolio.
Zurich only insurer in LGBT-friendly employer ranking
Zurich has been named as one of the Top Global Employers in Stonewall’s 2018 index and is the only insurer to be named in the history of the list.
Brokers had 'no warning' over April UK withdrawal
Exclusive: Correspondence sent by health insurer April UK to broker partners reveals that it has been turning away policyholders since the beginning of this week.
Markel receives green light on German subsidiary
Markel has been granted a license by BaFin, the German federal financial supervisory authority, to establish an insurance company in Germany.
Jonathan Clark elected as CII President
Jonathan Clark has been elected as the Chartered Insurance Institute’s president for 2018 to 2019, in the first year that the Chartered Insurance Institute has allowed electronic voting.