News
Social engineering causing nine times more data breaches in 2017
Insurance customers reported nine times more cases of social engineering as the major causes of data breaches in 2017 than in the previous year.
Lloyd’s market and international consolidation in the cross hairs at BP Marsh
BP Marsh has affirmed its confidence in the Lloyd’s and London insurance market as target growth area as the sector investor looks to diversify its book with overseas business.
Jelf-Bluefin integration running ‘ahead of plan’, says Weil
Exclusive: The integration of Marsh’s Jelf and Bluefin brands is running ahead of schedule, CEO Mark Weil told Post.
Start-up Insurdata raises over $1m in seed financing
Insurtech start-up Insurdata has raised over $1m (£0.76m) in seed financing from investors including Menlo Ventures, Anthemis Baloise Strategic Ventures and Plug and Play.
AIG's Spaan: "It only gets faster from here"
Speaking at Hong Kong Fintech Week, Rudi Spaan, president and CEO, Hong Kong and head of country for Greater China and Australasia, at AIG said "don't wait" to innovate.
Analysis: Has the sun set on insurer-owned brokers?
As The Ardonagh Group buys Carole Nash and Mastercover, has the bell finally rung for the model?
Aviva's Wei: "The only way to win is to disrupt with innovation"
Chris Wei, chairman of Aviva Asia and Aviva Digital, has given his views on innovation in insurance at Hong Kong Fintech Week.
Steve Arora appointed as CEO of Axis Re
Axis Capital Holdings has appointed Steve Arora as CEO of Axis Re.
FCA sees 3.32 million financial services complaints in H1
The Financial Conduct Authority received 3.32 million complaints about financial services in the first six months of 2017.
Private equity firm invests £3m in Lloyd’s broker
Altra Consultants has received £3m investment to fund further growth in its Lloyd’s broker business.
Bollington launches MGA Anjuna Underwriting
Bollington Group has launched a managing general agent, Anjuna Underwriting.
RMS appoints former Swiss Re chief Ludger Arnoldussen
Risk modelling firm RMS has appointed Dr Ludger Arnoldussen as a senior managing director within its client service organization.
Start-up Wrisk launches £500,000 equity crowdfunding campaign
Insutech start-up Wrisk today announced the launch of a £500,000 equity crowdfunding campaign on Seedrs.
Three killed from Typhoon Lan in Japan
Category 2 Typhoon Lan has dropped heavy rain and brought strong winds along the Pacific coast of Japan, Tokyo and the north-east.
Harmer halts Asia expansion at IAG
Peter Harmer, CEO of Australian insurer IAG, has said the firm's plans to grow in Asia are on hold and that it will focus on Australia and New Zealand.
Brexit places £7.38bn in London premium income at risk
A third of total premium across the whole London company market could be affected as a result of Brexit, a report has warned.
Insurance industry 'one of main influences' of UK cyber resilience, minister says
The insurance industry is at the forefront of helping to increase cyber resilience among businesses in the UK, the minister for digital, Matthew Hancock has said.
Hamilton appoints Munich Re chief Giuseppina Albo as CEO
Munich Re board member Giuseppina Albo is leaving the group to become CEO of Hamilton Insurance Group.
Neon launches Italian underwriting venture
Neon has launched an underwriting operating in Italy with Cambiaso Risso, who will have a minority shareholding in the venture.
Zurich declines to comment on Endsleigh sale rumours
Zurich is reportedly exploring the sale of broker Endsleigh.
Government pushes for collaboration with insurers on cyber security
Both the government and insurers share a join responsibility in setting a standard for cyber security and protecting businesses, the government has said.
Grenfell insurer proposes voluntary scheme for victim payouts: updated
Exclusive: The insurer for Grenfell Tower has sketched out an alternative to lengthy court battles over victim compensation.
Marsh takes aim at commercial mid market
Marsh has dialled up its drive into the commercial mid-market through the launch of a panel offering aimed at mid-sized firms in the UK.
Ironshore Singapore hires Lim
Ironshore Singapore has hired Sam Lim as an underwriter in its political risk team.