News
Biba hosts meeting between SSP and brokers
The British Insurance Brokers’ Association facilitated a “full and frank discussion” between software house SSP and brokers affected by its August outage last night in its London offices.
Claims Club Summit - live feed
The Claims Club Summit is bringing the claims community together this Wednesday in London to discuss the challenges and opportunities facing the sector, from whiplash reforms to technological innovations.
Catalina buys run-off Allianz book
Bermuda-based Catalina Holdings has purchased AGF Insurance Limited.
Dashfield and Thorstensson step down from top jobs at Sirius
Sirius International Managing Agency has experienced senior management changes at its Lloyd’s managing agency.
Axa and Allianz are still the only insurers on Interbrand's Best Global Brands list
Axa is the number one insurer on Interbrand’s Best Global Brands list for the eighth year running with an increased value of 14% to $10.57bn.
Aviva offers leak detector to policyholders
Aviva will offer policyholders a leak detection device as part of the insurer's tie-up with Homeserve.
Peak Re and warranty MGA Nexassure partner in Asia
Hong Kong-based extended warranty MGA Nexassure has secured a reinsurance partnership with Hong Kong-headquartered reinsurer Peak Re for insurers in Asia.
Australian insurer offers gender-neutral option
Perth-based health insurer HIF is offering customers the chance to write "other" on policy forms.
Motor premiums have risen by a fifth in the past year
Average UK comprehensive motor premiums have risen £100, or 17.3%, over the past year.
Verdict still to be reached on AIG professional indemnity case
A professional indemnity case between AIG Europe and private investors opened proceedings today.
‘Rottweiler’ hedge fund boss now owns 13% of Esure
A hedge fund boss known as ‘The Rottweiler’ has increased his stake in Esure for the third time in two weeks.
Hurricane Matthew loss scenario tops $8bn as death toll rises
Total losses in the US from Hurricane Matthew could be up to $8bn (£6.5bn), according to modelled storm loss scenarios from RMS.
Biba urges members to contact Enterprise liquidator
The British Insurance Brokers’ Association has emailed its members advising any that have policies remaining with Enterprise to contact the provisional liquidator.
RSA opens Birmingham trading centre
RSA has opened a new commercial trading site in Birmingham, following the closure of its former office in the city earlier this year.
Pool Re launches international terrorism risk body
Pool Re has launched the International Forum of Terrorism Risk Reinsurance Pools.
October issue of Post: Top 100 UK insurers, interview with Colm Holmes, focus on SSP and Big Data
The October issue of Post has landed.
#Post People 10-17 October
This weeks people moves from inside the insurance industry.
UK General suspends AR activity over mis-selling allegations
UK General Insurance has been ordered by the Financial Conduct Authority to look into alleged mis-selling by its appointed representatives.
Slater and Gordon cuts 640 UK jobs following huge losses
Slater and Gordon has cut 640 jobs in the UK and approximately 70 roles in Australia, in the wake of losses of A$1bn (£586m) in Q1.
Insurers struggling to adapt to digital channels, leaving millennials in the dark
UK insurers are struggling to adapt to digital channels of customer engagement, research has revealed.
Hurricane Matthew likely to be a significant claims event as death toll rises
Hurricane Matthew is expected to be a significant claims event as it continues to progress through the Bahamas, following the news of hundreds of deaths in Haiti.
Week in Post: Socials, swingers, and share sales
This week editorial staff at Post and sister title Insurance Age held their annual team social. After a popular vote, we took the unusual step of visiting a swingers club.
Japanese Sompo aims to become a 'truly global insurer'
Sompo's president and CEO, Kengo Sakurada has said the Japanese insurer aims to build a business which competes on a global scale with its purchase of Endurance.
Brokers call for greater FCA engagement following Simon Green's resignation
Brokers have called for a 'champion of brokers' to take up the role of head of insurance at the Financial Conduct Authority.