News
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.
City-based insurers face down disruption from Extinction Rebellion
Insurance firms could face further disruption, after Extinction Rebellion activists shut down roads around the City of London yesterday in a bid to raise awareness of climate “inaction”.
Oddfellows CEO appointed chair of Association of Financial Mutuals
The Association of Financial Mutuals has appointed Jane Nelson, CEO of the Oddfellows friendly society, as its chair.
Biba unveils theme for 2020 conference
The British Insurance Brokers' Association has selected 'A year to pioneer' as the theme of its 2020 conference and exhibition, which will be held in Manchester Central on 13 and 14 May next year.
Government to introduce improved building safety standards
Insurers have welcomed the government’s commitment to improving building safety standards.
Timothy Benn, who as chairman of Timothy Benn Publishing owned Post from 1985 to 1997, has passed away aged 82.
Timothy Benn, who as chairman of Timothy Benn Publishing owned Post from 1985 to 1997, has passed away aged 82.
MS Amlin stops underwriting aviation insurance
MS Amlin will cease underwriting aviation insurance renewals and new business, and will manage the run-off of the book internally, rather than outsourcing it under a reinsurance to close arrangement.
Tesco to buy out Ageas from insurance joint venture
Exclusive: Tesco has notified the Ageas UK board that it is likely to end its decade long home and motor insurance relationship next year, Post understands.
Complex supply chains increasingly under strain: Airmic
Developments in geopolitics, climate and technology are increasingly putting supply chains under strain, the Association of Insurance and Risk Managers in Commerce has warned.
PIB’s Q Underwriting forms MGU
Q Underwriting, PIB’s underwriting division, has created a managing general underwriter and hired UK General’s former chief commercial officer as it makes management changes.
Clone firm’s website remains live despite FCA warning
The Financial Conduct Authority has issued a warning about scammers using an authorised firm’s name to trick consumers via a website.
Land developers face heightened contract cancellation risk, following court judgement
Land developers face an increased risk of public contract award cancellations, following a court judgement last year that struck down a contract between a developer and West Berkshire council.