News
Video: Digital Insurance Collective - The value of design thinking
Post's Digital Insurance Collective tried to #WakeUpInsurance with a session on design thinking.
Jepp appointed MD for Zurich Municipal as Torry promoted to head of UK life business
Zurich has appointed Andrew Jepp as Zurich Municipal managing director as Anne Torry steps up as head of its life business, and CEO of Zurich Assurance and Sterling Investment Managers.
Cyber language will become ubiquitous, says Bolt
Five years from now every insurance policy will have cyber language in it, according to Tom Bolt, the recently installed president of UK and Southern Europe at Berkshire Hathaway Specialty Insurance.
Lack of understanding among public fuels reputation crisis for UK insurers
Less than one-third of the UK public trust insurance companies, data from the Reputation Institute suggests.
Compre announces fourth acquisition of the year
Insurance and reinsurance legacy specialist Compre has acquired Allianz IARD’s Ridgwell Fox & Partners pool legacy reinsurance business for an undisclosed sum.
ABI has never been more relevant to its members says outgoing chair Paul Evans
The Association of British Insurers has never been “more relevant to its members” and “the work, focus and voice of the ABI is directed by its members, for its members” according to outgoing chairman Paul Evans.
PRA approves Direct Line’s Group-wide internal model for Solvency II
Direct Line has confirmed it will use its group-wide partial internal model to calculate the Group Solvency Capital Requirement under the Solvency II regime, following approval from the Prudential Regulation Authority.
Official fraud stats are ‘spurious’, legal campaigners claim
The claim that fraud adds £50 to the average insurance premium is just “plain wrong”, legal campaigners have claimed.
PI insurers secure important claims aggregation victory
Solicitors' professional indemnity insurers have emerged victorious with regard to the manner in which they are allowed to aggregate claims, following a recent decision by the Court of Appeal.
Financial services falling behind with female representation
Executive Committees in financial services will not reach 30% female representation until 2048, it was revealed today in a report by global management consultancy Oliver Wyman.
JLT mourns death of Lord Leach
Jardine Lloyd Thompson Group has praised the "significant contribution" made to the broker from Lord Leach of Fairford, who died on 12 June after a short illness.
Marketform rebrands as Neon in break with ‘unprofitable’ past
Marketform has rebranded itself as Neon in order to begin a “new chapter” in the company’s trouble history.
UK's Ingenie licenses software to Dutch telematics provider
Ingenie has licensed out its software platform to a Dutch telematics provider.
Specialist drone insurance set to take off says RPC
The fast-paced growth of the UK's commercial drone market is increasing demand for specialist drone insurance, according to law firm RPC.
JLT hires new Nordic head from Guy Carpenter
JLT Re has appointed Anna-Karin Toresson as head of its property and casualty reinsurance business for the Nordics.
Insurers fear loss of business to FinTech sector
The scale of the threat posed to the insurance market by FinTech companies has been revealed in a new report by PwC.
Norwegian model is not acceptable alternative to EU membership, ABI warns
The UK would suffer if it swapped European Union membership for a ‘Norwegian model’ of equivalence, the director general of the Association of British Insurers has warned.
#Postpeople: 13 - 17 June 2016
All the latest insurance industry market moves between 13 and 17 June 2016.
RSA and Trak Global continue partnership
RSA will continue its telematics deal with Trak Global, with the company supporting the insurer’s More Than smart wheels proposition for young drivers.
The IMPRA: PRs recognised for making insurance awesome
The unsung heroes of insurance received due recognition this afternoon at the second Insurance Marketing and PR Awards.
Sandy Dunn takes up board advisor role at Igo4
Personal lines and telematics broker Igo4 has appointed industry heavyweight Sandy Dunn as a board advisor.
Bexhill appoints Alan Atkins as managing director
Premium finance firm Bexhill UK has appointed Alan Atkins, previously head of retail broking at Premium Credit, as its managing director.
IMPRC 2016: Veil must be lifted on insurance to gain trust
The insurance industry needs be more transparent on what is does in order to gain customer traction and trust.
IMPRC 2016: Dialogue more important than just demanding payment say top insurer PRs
Consumers shouldn’t only hear from their insurers once a year when it comes to renewing policies, a conference heard.