News
Cyber MGA joins Charles Taylor's incubator to offer SMEs cyber insurance
Cyber MGA, Node International has chosen Charles Taylor as its management service and will benefit from its MGA and broker incubator service.
Airmic 2017: Pace of change 'key barrier' to effective cyber risk management
The pace of change surrounding cyber risks is a key barrier to effective cyber risk management, experts said.
Pool Re braced for first claims from Manchester attacks
Pool Re will soon receive the first claims from the Manchester terror attacks, its chief underwriting officer has confirmed.
Airmic 2017: Risk management 'unsustainable without new talent'
The relevance of risk management as a profession will suffer if it continues to fail to attract young talent, one of the industry's leading figures has said.
GDPR could stall insurers' efforts to use data analytics and machine learning
The General Data Protection Regulation could stall the industry’s efforts to use artificial intelligence and Big Data to enhance their propositions.
NAH to step away from ‘aggressive’ personal injury advertising
A no-win-no-fee law firm has unveiled a £1m rebrand and a move away from the “aggressive” advertising associated with the sector.
Lloyd’s syndicate Pro Sight goes into run-off
Lloyd’s insurer Pro Sight has been placed into run-off, the corporation has confirmed.
Compre snaps up Equinox CA Europe
Independent insurance and reinsurance legacy specialist, Compre, has acquired global engineering and construction conglomerate, Equinox CA Europe.
Liz Truss replaced as Justice Secretary in reshuffle
The architect of both the whiplash reforms and the discount rate cut, Liz Truss, has been replaced as Justice Secretary after less than a year in the role.
Post people: 12 - 16 June
The latest people moves from the insurance industry.
AIG to raise further $590m following United Guaranty sale
Following last year's sale of US mortgage insurer United Guaranty to Arch Capital, AIG has exercised several options.
Markel appoints trade credit underwriter in Asia
Specialist insurer Markel International has recruited in Singapore from trade credit insurer Atradius.
Week in Post: Mayhem, Brexit and PR
It has been a year of political surprises, starting with Brexit, to Trump’s election and finally to today’s hung parliament.
Insurance Marketing and PR Awards 2017: Winners
Co-op Insurance picked up two awards for digital marketing and social media influence at the Insurance Marketing and PR Awards today.
ABI calls for industry to 'rigorously frame' policy positions following election result
The Association of British Insurers has urged the industry to ensure its policy positions are “rigorously framed” around the needs of retail and business customers following the election result.
Tysers sees revenue grow over 2016
Tysers saw its revenue increase 12.8% in 2016 to £52.8m from £46.8m in the previous year.
Helios acquires Nottus for £964,500
Helios has acquired Lloyd’s limited liability member, Nottus, as part of its strategy to increase underwriting capacity.
General Election 2017: The industry reacts
The industry's reaction to the election result
Hung parliament spells fresh uncertainty for insurance industry, experts say
The result of yesterday’s general election is likely to cause fresh uncertainty for the insurance sector, industry leaders have said.
Steadfast acquires a stake in global network Unison
Australian broking group Steadfast has agreed to acquire a non-controlling stake (less than 50%) for an undisclosed amount in the third largest global network group Unison Brokers.
SRA investigating 15 solicitor firms over holiday sickness claims
The Solicitors Regulation Authority is investigating 15 reports of misconduct against solicitor firms involved in holiday sickness claims.
Swiss Re GI unit opens Manchester office to target regional business
Swiss Re's general insurance unit, Corporate Solutions, has opened an office in Manchester to grow its regional commercial business.
Claims team consolidation puts 70 Allianz jobs at risk
Around 70 Allianz staff could lose their jobs as the insurer moves to consolidate its property claims teams.
Ogden rate cut adds up to £1.72bn bill for insurers
Insurers have so far been hit with £1.72bn bill from the Ogden rate cut, with the full impact still to come.