News
Charles Berry succeeds Nicolas Aubert as IIL president
Charles Berry, chair of BPL Global, has succeeded Willis Towers Watson CEO Nicolas Aubert as president of the Insurance Institute of London.
Watchstone and Slater & Gordon agree settlement over £600m lawsuit
Watchstone and Slater & Gordon have reached a settlement over the historic sale of Watchstone’s professional services division.
Lloyd’s supports Habitat for Humanity to aid cyclone hit Malawi
Lloyd’s Charities Trust has joined forces with Habitat for Humanity Great Britain as part of its ongoing response to emerging risks to communities around the world.
Michael Sicsic becomes adviser to insurtech Spixii
Michael Sicsic, former head of supervision for general insurance protection at the Financial Conduct Authority, has joined start-up Spixii as an adviser to its directors.
Fraudster found guilty of explosion insurance scam that injured 81 people
Insurance fraudster Pascal Blasio has been found guilty of causing an explosion at his shop that injured 81 people and damaged or destroyed 63 buildings.
Markerstudy on the hunt for investment with £241.7m repayment deadlines looming
Markerstudy is seeking investors in order to fund £241.7m worth of loan repayments to Qatar Re.
This week: Big moves, whiplash and loyalty
After vacating our Haymarket office last week, the entire Post team finally feels settled in our new home in the City – the heart of the insurance industry.
Politics making the world increasingly unpredictable, says QBE
The world has become increasingly unpredictable over the past 30 years, with political volatility contributing most to uncertainty in recent years, according to research conducted by QBE.
No certainty for insurance industry as UK and EU reach Brexit withdrawal agreement
The withdrawal deal between the UK and EU does not provide certainty for the insurance industry, the British Insurance Brokers’ Association has warned.
Watchstone agrees settlement with former boss Terry
Watchstone has agreed a confidential “full and final” settlement with its former CEO and chairman Rob Terry and others, ending High Court proceedings.
First Central makes key senior hires
First Central Group has appointed a chief commercial officer, chief underwriting officer and counter fraud director.
CII launches Society of Underwriting Professionals
The Chartered Insurance Institute has launched the Society of Underwriting Professionals.
CMCs receive one in every five nuisance call fines
Claims management companies have received 20% of all fines for nuisance calls, messages and emails handed out by the Information Commissioner’s Office since 2010, according to figures from the SMS Works.
Ecclesiastical and ABI become core participants in child abuse investigation hearings
The Association of British Insurers and Ecclesiastical are among four organisations granted core participant status in an investigation into accountability and reparations in non-recent child sexual abuse cases.
Insurance products account for two thirds of FCA complaints as PPI claims surge
Complaints about payment protection insurance increased 34% in the first half of 2019 in the run-up to 29 August deadline for refunds, according to figures released by the Financial Conduct Authority.
Top motor accident solicitor slams ministers on whiplash
Whiplash reforms should be delayed as rushing through a "minimum viable product" will create unacceptable challenges for claimants, lawyers have warned the government.
UK finally living up to potential as Applied Systems’ fastest growing market
Applied Systems is poised to double the number of UK brokers on its Epic platform, with its international boss claiming it still has some way to go to fulfil its potential, having signed up only a fifth of those “ripe for change”.
Google’s investment in us, is an investment in brokers too: Applied product boss
Google’s 2018 investment in Applied Systems also represents an investment in the future of the intermediary sector, according to the software house.
LV and Zurich discussed improving customer loyalty during Post webinar
Personal lines customers are a promiscuous bunch, known for changing insurers for a few pounds.
Kingsbridge Group COO takes charge at start-up Dinghy
Start-up Dinghy has appointed Dorian Zanker as its CEO. It has also hired hired Andrew Els as its business development manager.
FCA to consult on climate disclosure requirements
The Financial Conduct Authority has laid out actions it plans to take around climate change, including requiring listed firms to make climate-related disclosures.
B3I blockchain firm 'will need a lot of money to build our vision' says CEO
Blockchain company B3I, which boasts a plethora of big-name shareholders among its backers, will focus on building its product rather than chasing more funding in the immediate future, B3I CEO John Carolin told Post at a launch event.
Weald makes first acquisition since joining Ethos Broking
Weald Insurance, one of Ethos Broking’s ‘powerhouse’ hubs in the South East, has acquired Sussex-based Cronin Underwood.
Google powered products a 'no brainer': Applied Systems CEO
Applied Systems sees the UK as “research and development lab” for new technology and ideas following its success incorporating front end quote and buy into its Epic platform in the territory.