News
Marsh sees revenue grow 4% in 2018
Marsh parent Marsh & McLennan saw underlying revenue grow 5% in its 2017/18 year.
Broking boss vows to stand as UKIP MP
Eddie McNally has been in insurance for over 40 years, but now the Lincolnshire-based broker has set his sights on a career in politics.
Watchstone names court date as it prepares for showdown with S&G
Watchstone has ring-fenced £50.2m in anticipation of a costly court battle with Slater & Gordon later this year.
Duck Creek looks to break into London Market with messaging deal
Duck Creek Technologies hopes to attract new London Market clients following a partnership with Web Connectivity Limited.
Extra FSCS bill the ‘last thing that brokers need’: Biba
The British Insurance Brokers’ Association has hit out over an extra Financial Services Compensation Scheme bill that firms will have to pay in February.
National Accident Helpline group to launch law firm
National Accident Helpline Group’s first wholly-owned law firm will start trading in April.
Lockton’s Mylo attracts $28m investment
Lockton's digital broker Mylo has picked up $28m (£21.3m) of funding, in a Series A round led by Guggenheim Partners.
Industry faces £10.5m bill from FCA claims data proposals
The regulator expects its claims reporting proposals to cost the industry between £7.5m and £10.5m in one off compliance costs.
John Neal to chair LMG's TOM steering board
John Neal, CEO of Lloyd’s, will chair the steering board of the London Market Target Operating Model with immediate effect.
FCA takes aim at general insurance ‘poor product value’
The city watchdog has launched a consultation to address potential 'poor product value' in general insurance.
Industry pays tribute to former Thatcham CEO, Peter Shaw
Tributes have flooded in from across the industry to Peter Shaw, former CEO of Thatcham Research, whose death was announced on Monday.
Munich Re's Digital Partners targets Asia after hitting £100m GWP
Digital Partners, the Munich Re-owned insurtech facilitator, has revealed its intention to expand into Asia after hitting £100m gross written premium in Europe and America.
Lloyd's appoints former US senator to council
Lloyd’s has appointed former US senator, John Sununu, as a member of its council.
Ex-AIG CEO's underwriting platform goes live
Former AIG boss Jacqueline McNamee’s insurtech C-Quence has gone live with its underwriting platform.
Romero sees 30% Ebitda growth in 2018 results
Romero Group posted an adjusted Ebitda of £3.67m in its year-end results to 30 April 2018, a 30% rise on 2017’s £2.82m figure.
Thatcham CEO Peter Shaw passes away
Thatcham Research's former CEO Peter Shaw has died.
Cavere Group launches broker
Cavere Group has launched an intermediary business primarily focussed on home insurance.
BGL invests £3m to create 40 tech jobs
Digital broker BGL Group’s £3m investment in a Sunderland tech hub will create 40 jobs.
Jon Dye to join QBE from Allianz
Former Allianz UK head of commercial motor, Jon Dye will join QBE as its director of motor for the UK.
Esure founder was one of the top ten UK taxpayers last year
Sir Peter Wood, founder and chairman of Esure, paid £53.7m in tax last year, according to the Sunday Times’ tax list.
This week: Tackling pale, male and stale
Diversity topped the agenda this week with Post exclusively revealing that the Association of British Insurers is backing an ethnicity pay gap reporting proposal.
UK inks insurance free trade deal with Switzerland
Insurance sectors in the UK and Switzerland will continue trading freely with one another after Brexit, following a trade agreement signed at the World Economic Forum in Davos yesterday.
Tapoly seeks £2m of investment as it sets its sights on global expansion
Exclusive: The founder and CEO of insurtech start-up Tapoly, Janthana Kaenprakhamroy has called out the insurtech investment community for overlooking the potential of female founders, as it raises funds aiming for £2m to grow its product and technology…
Lemonade wrestles down losses despite California exposure
Lemonade reduced its loss ratio to 99% in Q4 of last year, despite exposure from the California wildfires.