News
RSA to create 200 new jobs in Peterborough office
RSA has revealed it will be creating 200 new jobs in its Peterborough office over the next year.
Esure shares fall after Go Compare demerger
Shares in UK insurer Esure fell 28% on opening on Thursday following completion of its demerger with price comparison website Go Compare.
Go Compare lists independently on stock market
Esure has completed the demerger of Go Compare from the group.
RSA on track to meet 2016 profit expectations
UK-headquartered insurer RSA saw overall net premiums rise 6% on an underlying basis in the first nine months of 2016 compared with the same period last year.
AIG reports £500m exposure for accident victims
In its third quarter 2016 results global insurer AIG has been impacted by rising payouts to accident victims for US policies written prior to 2010.
Midas and Mulsanne provide capacity for former Enterprise motor policies
Midas Underwriting has signed a deal with Mulsanne Insurance to provide capacity for motor policies that had previously been underwritten by Enterprise Insurance.
Arag expands with Canadian business
The Arag Group has launched its Lloyd's-approved coverholder Arag Services in Canada in order to continue with its international expansion.
Gable needs further capital to stave off insolvency, administrator warns
The administrator responsible for Gable has requested a further capital injection in order for the company to remain solvent.
ERS expands its operations to Swansea
Specialist Lloyd’s motor insurance syndicate ERS will be relocating a number of its operations to its Swansea business in order to reach its mid-term target of a 90% combined ratio.
Post November 2016: Start-ups, autonomous cars, future claims, and broker gossip
They look like rock stars but they're insurtech entrepreneurs.
Lawyers brand Admiral 'arrogant' over Facebook app
Legal experts and social media analysts have branded Admiral “arrogant” after the insurer’s initiative to use driver’s Facebook profiles to price insurance quotes was blocked by Facebook this morning.
Telematics growth likely to be slow in Germany
The growth of telematics car insurance policies is likely to be slow in Germany because of limited interest from both insurers and customers, in contrast to the UK’s growing market.
Over half of traditional firms are developing in-house fintech capabilities
Global businesses now consider the investment in fintech as their highest priority and a necessity for development and market competition, a survey has found.
Facebook delays Admiral's controversial young driver initiative
A plan to use a driver's Facebook profile to price insurance quotes has been delayed after activists pointed out the scheme fell foul of the social network's privacy policies.
Government needs a joined up approach on flooding, says IFoA
A more joined up approach is needed to tackle the long-term threat of flooding, says the Institute and Faculty of Actuaries.
Towergate renames London broking business
Towergate has renamed its London Market broking business as Bishopsgate.
Post Webinar: Raising standards in Hong Kong insurance
Register for free for an upcoming webinar on Culture, Talent and Values in Hong Kong insurance.
Penny Black's Social World - November 2016
Saddle swapping, snuggle snaps and pedalling for pounds
Esure CEO Stuart Vann to gain £1.5m from Go Compare demerger
Esure CEO Stuart Vann will get £1.5m and CFO Darren Ogden will get £1m as a result of the Go Compare demerger, now confirmed for Thursday.
New course addresses impact of flooding on children
The British Damage Management Association has launched a new training course to improve the experience of children & young people after flooding.
Aon Benfield appoints Frankland as UK CEO
Aon Benfield has appointed Nick Frankland to CEO of its UK business.
Lockyers offers ‘palatable’ wholesale facility on piers
Lockyers has opened a wholesale division, offering “previously uninsurable” pier coverage to other brokers.
CII launches Strategic Manifesto following internal review
The Chartered Insurance Institute launched its Strategic Manifesto, with a focus on re-establishing public trust in the insurance sector.
PIB Insurance Brokers acquires Carmichael & Partners
PIB Insurance Brokers has acquired Aberdeen-based brokers Carmichael & Partners.