News
Suezawa replaces Shigematsu at Crawford Japan
Futoshi Suezawa has been promoted to country manager at global loss adjuster Crawford's Japan office.
Whiplash consultation now closed
The government's whiplash consultation deadline has now passed.
Gibraltar insurer stops writing business ahead of Brexit
Gibraltar-based Horizon Insurance has ceased renewing and accepting new motor policies in the wake of the Brexit vote.
Government urged to exempt charities from IPT
Specialist charities insurer Access Insurance has launched a campaign calling on government to exempt the charities sector from insurance premium tax.
Claims heroes on the cover of Post's January 2017 issue
Post is starting 2017 by unmasking its claims heroes. On our C-Force cover, you may recognise Allianz' Sarah Mallaby, Zurich's Anne Fleming, RSA's Ian Currie, LV's Martin Milliner and Aviva's Andrew Wilkinson.
Compre acquires UK business of AG Insurance
Insurance and reinsurance legacy specialist Compre has acquired the UK business in run-off of the Belgian (re)insurer AG Insurance for an undisclosed sum.
Lloyd's underwriters join forces to boost Bermuda property D&F capacity
Lloyd’s catastrophe-exposed property underwriter Icat and Lloyd’s underwriter Neon have teamed up in a capacity arrangement to bring additional capacity to the Bermuda property D&F market.
Barbican Protect sets up marine division for UK SME market
Following Barbican Protect's, decision to launch a marine insurance division targeted towards the UKs SME market, Sarah Joiner has been appointed as marine underwriter.
QBE’s Pryce joins Lloyd’s franchise board
QBE's chief of European operations, Richard Pryce, has been appointed as a non-executive director of the Lloyd's franchise board, the body responsible for the day-to-day running of the Lloyd's market.
Jelf GI leader Rob Worrell resigns
Jelf general insurance leader Rob Worrell has resigned, Post understands.
None of the revenue from IPT rise to be spent on flood defences
None of the revenue generated from the recent increase in Insurance Premium Tax has been ring-fenced for flood defences, Post can reveal.
R&Q buys Clariant Insurance captive
Non-life insurance investor Randall & Quilter Investment Holdings has acquired Clariant Insurance from the Swiss chemicals company Clariant AG.
AI start-up looks towards data collection to help insurers identify emerging risks
Artificial intelligence start-up, Cytora, will soon be partnering with insurers with ‘big innovation teams’ to deliver a new system aimed at informing decisions around risk pricing.
Digital marketing platform could help insurers beat 'money drain' of price comparison sites
Digital marketing group Digital Animal plans to help insurers take back control of their spend and kick price comparison websites to the curb.
RSG acquires Navigators' Nordic operations
Insurance services business Ryan Speciality Group has entered into a deal to buy Navigators' operations in Sweden and Denmark.
SchemeServe makes two senior appointments to its board
John Price and Colin Kippin have been appointed to SchemeServe's board at chief operating officer and director, respectively.
Zurich's group strategy chief resigns
Zurich's group chief strategy officer Claudio Gienal has left the company less than a year after joining the Swiss insurer.
Finch announces first acquisition following Broker Network takeover
Finch has acquired Citymain Insurance Services, a small niche commercial broker in North Hampshire.
Ask Alexa: Aviva develops jargon buster for Amazon Echo
Owners of the Amazon Echo will now be able to get answers to insurance related questions thanks to an interactive jargon buster from Aviva.
PIB acquisition spree continues with TFP capture
PIB Group made its seventh acquisition of 2016 with the capture of wholesale broker TFP Schemes.
Insurers paid out $50bn for natural disasters in 2016
Insurers paid out $50bn (£41bn) in natural disaster claims during 2016, making it the costliest year for natural catastrophe losses since 2012.
Insurtech firms could face Brexit brain drain
Insurtech start-ups could face a talent black hole as a result of Brexit, analysts have warned.
Japanese mutual to cut third of department staff after implementing AI system
A Japanese life insurance mutual is preparing to cut nearly a third of its payment assessment department's workforce after introducing Artificial Intelligence System IBM Watson.
Biba appoints Keith Frampton as chairman of its Motor Panel
Forces Insurance director of operations Keith Frampton has been appointed chairman of the British Insurance Brokers’ Association’s Motor Panel.