News
Reg UK completes £2.4m funding round
Due diligence and risk management insurtech Reg UK has completed a £2.4m funding round, which it will use to continue to expands its global sales and business development operations.
David McMillan appointed Esure CEO
Esure has hired QBE’s David McMillan as its CEO with a mandate to fulfil “very ambitious” digital plans for the business, by new owner Bain Capital.
Victor International appoints Anthony Stevens as president
Victor Insurance Holdings has appointed Anthony Stevens as president of Victor International, effective immediately. He succeeds Paul Drake, who previously announced his plans to retire from the firm in September.
Biba Daily: Day Two – Thursday 16 May
To tie-in with the 2019 British Insurance Brokers’ Association Conference in Manchester Insurance Age and Insurance Post have joined forces to publish a daily newsletter for the event
Jonathan Evans to replace Lord Hunt as Biba chair
Former Conservative politician Jonathan Evans will replace Lord Hunt of Wirral as the chair of the British Insurance Brokers’ Association.
Biba CEO Steve White highlights skills and AI as he opens annual conference
Steve White, CEO of the British Insurance Brokers’ Association, used his conference address on Wednesday morning to highlight the need for brokers to attract young talent as the industry becomes more technologically sophisticated.
Aspen MGA in run off with 111 jobs at risk
Aspen has cut loose its UK SME managing general agent, with 111 jobs on the line as a result.
Biba Daily: Day One – Wednesday 15 May
To tie-in with the 2019 British Insurance Brokers’ Association Conference in Manchester Insurance Age and Insurance Post have joined forces to publish a daily newsletter for the event
LMA names TMK's Culham, Beazley's Cox and Axa XL's Greensmith as board members
The Lloyd’s Market Association has announced three new board members following a recent board election.
London Market Group calls for action to address skills shortage
The London Market Group has called for urgent action to take charge of how market organisations acquire the skills they need to face the future.
Allianz operating profits rise as personal lines transfer to LV approaches completion
Allianz UK CEO Jon Dye confirmed that the transfer of personal lines business from Allianz to LV remains on-track and will be completed within three to four weeks, as the insurer announced its Q1 results.
CBL Corporation placed into liquidation
The New Zealand high court has placed CBL Corporation into liquidation.
First Central will not appeal £13,000 ‘unfair dismissal’ judgment
Exclusive: First Central has been hit with a compensation order, after a former employee claimed they were dismissed unfairly.
Saga’s three-year fixed-price commitment attracts more than half of its customers
Exclusive: Saga has revealed that the three-year fixed-price promise has attracted more than half of its customers.
McLarens expands leadership team
McLarens has announced six management appointments within its UK and Ireland business.
Lloyd's launches independent workplace culture survey
Lloyd’s has commissioned the Banking Standards Board to conduct an independent survey on the workplace culture and standards of behaviour within the market.
Majority of Lloyd's syndicates exceed Q1 e-placement targets
Eight out of 10 Lloyd’s syndicates met electronic placement targets during the first quarter of 2019, according to data released by the board of the Placing Platform Limited.
Clyde & Co establishes presence in Dublin ahead of Brexit
Clyde & Co has opened an office in Dublin to ensure its Irish law insurance practice can continue to operate seamlessly as the UK leaves the EU.
Covéa appoints James Gearey as corporate development and strategy director
Covéa Insurance has appointment of James Gearey as corporate development and strategy director.
Fourth acquisition in two weeks caps off recent cluster of GRP broker buys
Exclusive: Higos, GRP’s hub business in the South West, has acquired The Insurance Group for an undisclosed sum.
Ardonagh vs Gallagher judgement could take longer than three months
The long-running court battle between Ardonagh and Gallagher finally wrapped up on Friday, but a written judgement may take more than three months to arrive.
Environmental Agency works with insurers to review flood strategy
The Environmental Agency has launched an eight week consultation on a new long-term strategy to tackle flooding and coastal change.
This month: Celebrations, culture and change
In this month’s issue, Post publishes the annual Insurtech 100, a celebration of growth and innovation in insurance across Europe, Asia and the USA, in association with Tällt Ventures.
Gallagher’s closing statements commence as legal dispute with Ardonagh continues
The closing statements in the ongoing legal dispute between Gallagher and Ardonagh continued yesterday (9 May) at the Royal Courts of Justice in London.