News
Allianz appoints Loh as chief digital officer, Asia-Pacific
Allianz has appointed Robin Loh in a newly created role - chief digital officer, Asia-Pacific.
Great fire of London would cost insurers £37bn today says ABI
Insurers would have to dish out £37bn if a fire the size of the Great Fire of London were to happen today, the Association of British Insurers has said in the lead up to the 350th commemoration of the fire.
Amanda Blanc and Steve Lewis join ABI board
Top bosses at Axa and RSA have been appointed to the board of the Association of British Insurers.
Compass claims independent ownership makes business more ‘credible’
Broker network Compass said being independent from a major player like Arthur J Gallagher now meant the business was more “credible” than its rivals.
Broker network Compass stages MBO from Arthur J Gallagher
Broker network Compass has staged a management buyout from parent company Arthur J Gallagher.
Water leak detector could save industry millions a year
A new product that detects water leaks early could save the UK insurance industry millions a year, Homeserve Labs have said.
Acturis hit 25% growth in revenue
Software service provider to the insurance industry, Acturis, has announced a financial growth of 25% in 2015.
Zurich managing director leaves to join Towergate
Kay Martin will be joining Towergate’s executive committee as commercial director from Zurich in a bid to optimise its digital offerings.
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