News
Law Superstore could spark 'competitive tension' between law firms
A new law aggregator could bring innovation to the insurance sector by allowing customers to shop around for legal services.
Industry concerns are top of the agenda at party conferences
Brexit, the cost of regulation, increased spending on flood defences and uninsured drivers will be the hot topics that the insurance industry wants addressed ahead of this year's political party conferences.
Brokers ‘up to neck in accounts’ as problems at new SSP data centre resolved
Brokers who had experienced further outages this morning despite being reconnected to SSP’s Pure platform only yesterday, have seen service resumed.
Brokers restored to SSP are now offline again
The process of restoring service to brokers hit by the SSP outage has hit another hurdle after a key part of the software failed this morning.
James Gerry steps down from MGAA chair after six months
James Gerry has stepped down as chairman of the Managing General Agents Association after just six months on the job.
R&Q acquires Aegon GI run-off
Randall and Quilter has acquired the general insurance run-off business of Aegon Insurance Company.
Revealed: 10 insurers with the most complaints
Direct Line Group has received the highest number of general insurance related complaints in the first half of 2016, according to the latest figures from the Financial Ombudsman Service.
ERS former director and three advisors will appear before tribunal
Three financial advisors and a former director of Equity Red Star have been singled out following an investigation into historic losses at the Lloyd's syndicate.
Kennedys doubles presence in Dublin as insurers relocate post-Brexit
International law firm Kennedys will double its office space in Dublin as insurers are gearing up to enter the Irish market in the wake of Brexit.
Career file: Jack Howell
Zurich has appointed Jack Howell as its new Asia-Pacific CEO. He is expected to join the company on 1 September and will be based in Taikoo, Hong Kong.
DAS appoint former navy commander as head of corporate
DAS UK Group has appointed David Swigciski as head of corporate.
Original outage occurred while upgrading brokers to newer site, SSP CEO claims
SSP was already in the process of moving customers to another data centre when the power outage occurred, the company’s CEO said.
Brokers push for faster transition to rival software companies after SSP outage
Brokers that were already in the process of migrating from SSP to rival software company Transactor, have asked to have the transition processed quicker following the outage on the Pure platform last week.
QBE reduces Hong Kong workforce by 20 for "better efficiency"
Australia-headquartered global insurer QBE informed 20 of its Hong Kong staff on 6 September they were being made redundant.
In the September issue of Post
The London Fire Brigade, the anniversary of the great Fire of London and the Top 30 European insurer ranking are in the September issue of Post.
Penny Black's Social World - September 2016
Throwing ideas, sponges and a party
More than 40 brokers back online after SSP outage
SSP has divided its brokers into four segments and is uploading the data of each in succession, Post has learned.
Axa Belgium to cut 650 jobs in strategic restructure
Axa Belgium has announced a strategic plan for 2020 that could lead to up to 650 redundancies.
Cunningham Lindsey looks to counter surges in lower value building claims
Cunningham Lindsey has launched Invisio, an independent validation service for lower value domestic and commercial buildings claims.
Insurtech booms as investment triples in the UK
Investment in insurtech so far this year is already triple that of the whole of last year, making it one of the UK's fastest growing sectors.
Justice minister to speak on whiplash reform at ABI motor conference
Newly appointed justice minister Oliver Heald will give the keynote presentation at the Association of British Insurers’ Motor Conference.
Helvetia reports increased underlying earnings and new corporate structure
Swiss insurer Helvetia Group has reported an increased underlying earnings of 8% to £238m in the first half of 2016 (2015: £220.9m).
One Commercial appoints Davies Group as claims partner
One Commercial has appointed Davies Group as its claims handler across all lines.
Nelson: Brexit is an opportunity to offload ‘burdensome’ regulation
Lloyd’s chairman John Nelson has called for the UK to abandon “overly burdensome” regulation following Brexit.