News
Sharma leaves Zurich amid restructure and Brennan takes on UK GI role
Vibhu Sharma has left his role as Zurich’s UK country manager and head of general insurance business, amid wider restructuring at the company.
First driverless death will push full autonomy further down the road
The first potential death caused by a Tesla car will push the reality of fully autonomous vehicles further down the road and have repercussions for the insurance industry, experts have warned.
Reinsurance market could 'bump along the bottom for years' claims Willis Re
Reinsurance rate softening has continued through the June/July renewal season and may “bump along the bottom for years”, according to Willis Re.
Gable requests suspension from stock market
Unrated insurer Gable has requested temporary suspension from the AIM stock market until the publication of its annual report.
Runner trips up while claiming ‘moderately severe’ whiplash
An avid runner was found ‘fundamentally dishonest’ after tweeting pictures of himself running and hiking – while having an active claim for whiplash.
Prolific motor fraudster sentenced to two years in prison
A Lancashire man stole multiple hire cars – valued in excess of £200,000 – over a nine month period, but his scam was foiled by anti-motor fraud specialist APU.
Esure confirms no approaches made following speculation
Esure has confirmed it has received no approaches regarding a potential offer for the company following speculation this morning.
Elite Insurance to redomicile from Gibraltar following Brexit
Elite Insurance will be looking to establish new headquarters outside of Gibraltar following the UK’s decision to leave the EU.
AA sells off its Irish businesses
AA have sold off its Irish businesses comprising of AA Ireland Limited and its subsidiaries for €156.6m (£129.1m).
Markerstudy acquires telematics motor insurer Drivology
Markerstudy has confirmed the acquisition of telematics motor insurer Drivology.
Perks and Rix promoted to LV executive team
LV has promoted John Perks, managing director of its retirement solutions business, and Myles Rix, managing director of its protection business, to its group executive team.
Lloyd’s says Brexit puts £800m of GWP at risk
A Brexit will cost Lloyd’s £800m worth of gross written premium, the corporation told its managing agents in a meeting today.
Markerstudy meets Gibraltar regulator over Brexit concerns
Markerstudy has met with the Gibraltar Financial Services Commission to discuss the implications of a Brexit.
IUA urges quick resolution to UK EU trade talks
The International Underwriting Association has called for talks to begin as soon as possible on the UK's new trading relationship with the EU following last Thursday’s Brexit vote.
Consumers call on insurance providers to simplify digital self-service
Consumers want insurance providers to make digital self-service easier, research from BT and Avaya has revealed.
How insurers can grow telematics propositions in the UK
Post’s first Motor Insurance World conference hosted a VIP roundtable, debating how insurers can grow telematics propositions in the UK and help motor insurance shed its distress purchase tag
Gao promoted to Lloyd's Greater China role
Eric Gao, chairman and CEO of Lloyd's (China) has been promoted to head of the Greater China region leading teams in Beijing, Hong Kong and Shanghai.
Ace changes name in New Zealand
Ace has switched its name in New Zealand to Chubb Insurance New Zealand following its purchase of Chubb's global operations.
Married couple sentenced for fraudulent health insurance claims
A husband and wife have been jailed for a year over a £18,000 health insurance fraud which spanned more than a decade.
Aviva fraud boss to finish secondment with IFED
Vicki Mulholland finishes her secondment with the Insurance Fraud Enforcement Department this week, and has a lot to take back to Aviva.
Brexit provides opportunity to overturn ‘dreadful’ Solvency II
Leaving the EU will mean that the UK can abandon the “absolutely dreadful” Solvency II regime, the former head of the civil service told MPs.
Biba raises questions over government's driverless cars consultation
The British Insurance Brokers’ Association said it has a “lot of questions” over the government’s consultation document on driverless cars.
Bluefin reaches settlement with remaining defendants in staff poaching case
Bluefin has reached a settlement with Mark Rogers and Suzanne Powell in a staff poaching case.
Aviva launches new customer guide ahead of Insurance Act
Aviva has launched a customer guide to help business owners understand upcoming changes to the law regarding business insurance.