News
Finch continues acquisition spree with fifth deal this year
Finch has made its fifth acquisition since being bought by Broker Network.
Charles Taylor sees profits tumble in H1
Charles Taylor saw pre-tax profits fall by 41% as a result of losses following the acquisition of Cega by the group last year.
Tokio Marine picks Luxembourg for post-Brexit EU hub
Tokio Marine has become the latest insurer to base its post-Brexit European hub in Luxembourg.
Repairs from Cyclone Debbie continue in New Zealand
As some of New Zealand insurer Vero's customers return home this week others will have to wait until Christmas following destruction from powerful Cyclone Debbie in April.
Claims Conference Sydney 2017: four key themes
The inaugural Claims Conference Sydney took place on 29 August. Chairman Andrew Tjaardstra summarises four key themes from the event.
Campbell-Pitt promoted at Crawford in Asia
Global loss adjuster Crawford has given Mike Campbell-Pitt an elevated role in Asia.
Co-op trials Facebook car insurance chatbot
Co-op Insurance is trialling the UK’s first car insurance chatbot via Facebook Messenger.
Broker Apprentice: Apply to take part today
Are you the best new broker in the business? Submit your application by 11 September to be in with a chance of winning Broker Apprentice 2017.
Novae backs Fiducia engineering facility
Fiducia MGA has launched an engineering facility with capacity provided by Lloyd’s syndicate Novae.
Gallagher boosts Scandinavian footprint with broker purchase
Arthur J Gallagher has acquired Scandinavian property and casualty broker Nordic Försäkring & Riskhantering for an undisclosed sum.
Direct Line tops the poll for new GI complaints
Direct Line, Aviva and Ageas are among the firms to have the most new GI complaints made about them to the Financial Ombudsman in H1.
Join our live webinar on diversity
Post has teamed up with the Chartered Insurance Institute for a webinar on diversity and inclusion in the industry.
Construction and engineering MGA Ensurance launches in UK
Construction and engineering managing general agent Ensurance has launched in the UK this month.
Ingenie to expand telematics footprint, announces tie-up with Ageas’ Back Me Up
Exclusive: Young driver and telematics specialist Ingenie is poised to branch out into non-motor products and expand its underwriting footprint to older UK drivers.
Analysis: Repair costs
The questionable practice of marking up at-fault repairs continues, despite resistance in some quarters. Will this status quo ever be challenged?
XL Catlin hires former AIG underwriters in Asia
Global insurer XL Catlin has recruited two former AIG experienced members of staff in Asia.
State of emergency in Florida as Hurricane Irma approaches
Florida governor Rick Scott has declared a state of emergency for every county in the state as powerful storm Hurricane Irma approaches.
R&Q to continue trend of disposals and acquisitions in H2
R&Q will continue to dispose of non-key assets in the second half of the year following a 345% increase in pre-tax profit in H1.
Harvey unlikely to drive ratings downgrades
Hurricane Harvey is unlikely to trigger ratings downgrades for property and casualty insurers and reinsurers, said Fitch Ratings.
Helvetia posts 8% boost in profits for H1
Swiss insurance group Helvetia increased its profits by 8% to SFr 258m (£208m) in the first half of 2017.
Ransomware attacks account for 25% of all hacks across UK businesses
Ransomware hacks now account for 25% of cyber attacks in the UK, according to research.
R&Q profits up by 345% in H1
Randall & Quilter has seen a 345% increase in pre-tax profit in H1 over the same period last year.
Chubb bolsters cyber underwriting team in Asia-Pacific
Global P&C insurer Chubb has made one promotion and relocated another staff member to bolster its Asia-Pacific cyber team.
Harvey could be most expensive natural disaster in US history, says AccuWeather
Hurricane Harvey could be the most expensive natural disaster in American history, costing the US economy $190bn, according to AccuWeather.