News
Arron Banks's Eldon launches MGA
Arron Banks’s insurance company, Eldon insurance services has launched a managing general agent called Somerset Bridge.
Sompo International brings multiple global operations under one banner
Sompo International Holdings has brought together its European, American and newly acquired Endurance businesses together to form a single worldwide platform.
Vantage Holdings acquires Maybury James
The holding company of Stewart Miller McCulloch & Co has been acquired by Vantage Holdings.
Go Compare acquires stake in Middle East-based digital comparison website
Go Compare has acquired a minority stake in digital comparison business, Souqalmal, based in the Middle East.
Direct Line invests in rental market disrupter Canopy
Direct Line has announced a 15% equity stake in the UK-based rental market disrupter Canopy.
County Group acquires NMJ Insurance Brokers
The County Group has acquired NMJ Insurance Brokers.
Analysis: Rate revision: changes to Ogden
Insurers consider the impact of the proposed U-turn on the Ogden rate
Tokio Marine HCC to buy AIG's US medical stop-loss book
Houston based insurer Tokio Marine HCC is to purchase AIG's US medical insurance stop-loss book.
Everest Re gains approval for Dublin post-Brexit hub
Everest Re has been granted in principle regulatory approval for a Dublin-based subsidiary.
Fraudster sentenced after admitting to making fraudulent claim against council
A fraudster has been sentenced to four months in prison after he admitted to submitting a false claims against Doncaster MBC.
Hiscox forecasts rates rise and $225m in Harvey and Irma claims
London market insurer Hiscox anticipates the combined net cost of claims from hurricanes Harvey and Irma to be around $225m (£170m).
Blockchain industry pilot gains 23 new entrants
The Blockchain Insurance Initiative, B3i, has gained 23 new companies to participate in the market testing of its Blockchain prototype.
Martyn Holman steps down from role at Markerstudy
Martyn Holman will step down from his role as commercial director at Markerstudy, the company said.
Monarch customers 'may not be covered' under travel policies
Travellers affected by the collapse of Monarch may not be covered for cancelled flights under their travel insurance policies.
Rising star: Jonny Valentine, Insure The Box
After packing in his degree to work for Insure The Box, Jonny Valentine is now an award winner and head of innovation at the firm
Online betting operator gains license to establish its own insurance company
Online betting operator, Lottoland, has established its own insurance company, Fortuna Insurance, in order to insure its own risks.
Beazley anticipates $150m hit from Atlantic hurricanes and Mexico earthquakes
Beazley expects to take a $150m (£112m) hit on earnings as a result of hurricanes Harvey, Irma and Maria as well as the recent earthquakes in Mexico.
Lemonade vows to ‘rebuild insurance’ with zero deductible product
Insurtech disruptor Lemonade has launched an upgrade to its products, allowing customers to file up to two claims each year without rate hikes.
Cvrd rebrands to Nimbla and sets launch date
Insurtech start-up Cvrd has rebranded to Nimbla and plans to launch in October this year.
Ingenin attracts 60 start-ups to Nottingham Innovation Hub
Exclusive: Ingenin has brought in 60 tech start-ups to its newly-launched Innovation Hub.
Lloyd's suspends H1 profit release to take stock of Harvey and Irma impact
Lloyd's has suspended the release of first-half profits until it can accurately assess the financial impact of Harvey and Irma, the market's chief financial officer has said.
FCA paid £4.9m in production costs on Schwarzenegger PPI advert
Exclusive: The Financial Conduct Authority spent £4.9m in production costs on a TV advert featuring the robotic head of Arnold Schwarzenegger.
This Week in Post: Deal or no deal?
“You can watch Go Jetters if you let me tie your hair” is the type of deal you sometimes need to strike with your toddler if you want to get things done. Of course, you shouldn’t negotiate with mini-terrorists but there is nothing wrong with a win-win…
Underwriting Service Awards 2017: Shortlist revealed
The shortlist for this year’s prestigious Underwriting Service Awards has been announced.