News
Chaucer picks Dublin for its EU base
Specialty carrier Chaucer has chosen Dublin for its post-Brexit insurance hub.
RSA joins pet claims database
RSA has signed up to a pet claims database in order to better tackle fraud.
Live: Industry reacts to Queen's Speech
Latest commentary from the industry regarding the Queen's Speech.
CMCs to be brought under the heel of the FCA
Claims management companies will see fees capped and the sector regulated by the Financial Conduct Authority, under plans to tackle “widespread malpractice”.
Government resurrects whiplash reform
The government has put whiplash reform back on the agenda with a promise to tackle “rampant compensation culture” in the Queen’s Speech.
Aviation insurers launch model Brexit clause for multi-year policies
Aviation insurers have launched a model contract continuation clause to keep multi-year policies in place after Britain leaves the European Union, the International Underwriting Association said.
CII launches London Market qualification
The Chartered Insurance Institute has launched a qualification in London Market Insurance for those working in or conducting business through the London Market.
European captives showing strong capital positions in Solvency II disclosures: AM Best
European captives are showing “very strong” capital reserves in through reported Solvency II ratios, according AM Best.
Maurice Tulloch appointed to executive board position at Aviva
Aviva’s CEO of international insurance, Maurice Tulloch, has been appointed as an executive director of the company.
Industry welcomes chancellor's Mansion House speech
The UK insurance industry has welcomed comments made by chancellor Philip Hammond where he said he is pushing for a Brexit "that works for Britain," and wants a business-friendly Brexit which protects financial services.
Rent 4 Sure set to exceed £1.5m profit following positive 2016
Tenant and landlord insurance provider Rent 4 Sure is on track to exceed net profits of £1.5m for 2017, the company revealed in a results statement.
FCA reviews travel insurance for cancer patients
The Financial Conduct Authority has launched a public consultation to see if changes are needed to make it easier for people with cancer to get travel insurance.
Discount rate cut 'will push up motor premiums by 7%'
The cut to the Ogden discount rate will push up motor premiums by 7% by January 2018, according to analysis by ERS.
Motor Report docu-video - Fraud, driverless cars, young drivers and claims
The Motor Report is out - but what do the experts think of the findings?
Amazon insurance plans 'not a threat to traditional carriers'
Online retailer Amazon is more likely to compete with aggregators than traditional carriers if it enters the insurance space, experts said.
Post People: 19 - 23 June
The latest people moves from the insurance industry.
Maas Global receives financial backing from Toyota Financial Services and Aioi Nissay Dowa
Finnish company, Maas Global has received investment from Aioi Nissay Dowa Insurance and Toyota Financial Services.
Consumer product rating system aims to stop insurers ‘gaming the system’
A star rating system for motor, home and travel products by major insurers has been launched by a consumer group.
John Griffith-Jones to leave the FCA
John Griffith-Jones, chairman of the Financial Conduct Authority is to step down from his role at the regulator next year.
Amazon eyes up UK motor market, reports suggest
Online retail giant Amazon is allegedly be eyeing up the motor sales market in the UK.
FCA orders Admiral to contact customers after providing false renewal information
The Financial Conduct Authority has ordered Admiral to contact customers who may have received inaccurate premium amounts in renewal documents.
Claimant lawyers resigned to future discount rate rise
Claimant personal injury solicitors expect the discount rate to move back up as a result of the government’s consultation.
This Week: Stoic London
The generosity and heroic nature of Londoners came to the fore this week, when after two recent terrorism attacks the city saw the worst fire in recent history. Firefighters were heralded for entering the 24-storey flaming building and the community came…
AIG partners to deliver Blockchain-driven policy
AIG has partnered with IBM and Standard Chartered to deliver the first multinational insurance policy using Blockchain.