News
Applied looks at acquisitions following Google investment
Applied Systems will consider entering Australia, New Zealand or South Africa if an acquisition opportunity presents itself.
Evolution appoints ex-Brightside CEO as NED
Former Brightside CEO, Mark Cliff has been appointed as non-executive director of Evolution Claims Management.
Google: We believe in brokers
Google’s investment in Applied is a vote of confidence for the longevity of the broker channel, the company said.
Asta names former XL CEO to board
Asta has appointed Paul Jardine, former UK CEO of XL Catlin, as independent non-executive chairman.
Hastings issues warning over rising claims inflation
Hastings has seen shares fall as it warned of a “competitive” market with rising claims inflation.
Insurance Association of China to visit London as deregulation looms
Exclusive: Delegates from the Insurance Association of China will visit the UK on Friday, in the run up to regulatory shifts in the country.
Whiplash Bill passes unamended in final reading
A last minute opposition attempt to amend the proposed whiplash legislation on its third reading in the Commons, was voted down yesterday.
Car and home insurance rates both fall despite uncertainty: AA
The average shop-around premium for annual comprehensive car insurance dropped 3.9% over the third quarter of 2018, while home premiums also decreased by 1.2%, according to the AA British Insurance Premium Index.
PPI complaints jump almost two thirds following £4.9m Arnie-fronted campaign
Consumers have netted a collective £3.7bn since the Financial Conduct Authority began running its Arnold Schwarzenegger-fronted payment protection insurance refund campaign.
Google to host machine learning ‘bootcamp’ for Applied
Google will host a “bootcamp” on machine learning for Applied Systems engineers next month in the first skills transfer between the two companies.
Google looking for further investment in insurtech
Google is actively looking for further investment in the insurtech space, following its acquisition of a minority stake in Applied Systems.
Simon Cooter to leave Covéa next year
Covéa Insurance’s commercial lines and high net worth director, Simon Cooter will step down next year.
Insurtech Azur secures £13.3m in series B funding round led by AIG
Insurtech firm Azur has raised £13.3m in a series B funding round led by AIG.
SMEs at risk of underinsurance if IPT rises next week
SME businesses could be forced to scale back insurance cover leaving them at risk of underinsurance, if the government increases insurance premium tax in the Budget next week.
Miller acquires fellow Lloyd's broker Alston Gayler
Miller Insurance Services has reached an agreement to acquire marine and specialty broker, Alston Gayler and Co, for an undisclosed amount.
Directors face legal action if they don't get a grip on Insurance Act duties
Research and advisory business, Mactavish has warned the boards of UK companies increasingly run the risk of insurers not paying out on their claims due to lack of understanding of their responsibilities under new regulations, such as the Insurance Act…
Relationship building ‘surely the end goal’ of analytics
Insurers need to do more to build on their data and analytics capabilities to address customer needs, a conference heard.
Blog: Your dick is not in my job description
Amanda Blanc once told me off, as a journalist, for relying on her and others to call out sexism. Well Amanda, here you go. I hope this helps.
Standard Club to leave Lloyd's next year
Mutual protection and indemnity club, The Standard Club, will withdraw from underwriting at Lloyd’s in 2019.
Aviva claims director does not expect digital strategy to change with Mark Wilson’s departure
Andrew Morrish, claims director at Aviva, has said that he doesn’t foresee Aviva’s digital push changing with the departure of CEO Mark Wilson.
Eateries warned they could face negligence claims following Pret allergy deaths
Coffee chains and similar outlets may face negligence claims following Pret allergy deaths, warn experts.
Gallagher's second acquisition of the year is South Coast broker Portmore, with more to follow this year
Gallagher has made regional commercial broker, Portmore, its second acquisition of the year for an undisclosed amount.
Telematics broker My Policy names Roger Ramsden as group CEO amid wider restructuring
Telematics motor insurance broker, My Policy Group has appointed Roger Ramsden as group CEO.
Ecclesiastical and CFG call for IPT charity exemption to be included in this month's budget
Specialist insurer, Ecclesiastical and the Charity Finance Group have called on the chancellor to make charities exempt from paying insurance premium tax.