News
Regulation is 'number one threat to insurer investment'
UK insurers view regulatory risk as the number one concern effecting a firms’ investment strategy, according to the global insurance survey.
Chinese government would be responsible for damages caused by space station crash
The Chinese government would be responsible for any damages caused by Tiangong-1 crashing into Earth, Post understands.
Biba in talks with Enterprise liquidator to help affected brokers
The British Insurance Brokers’ Association is in talks with failed insurer Enterprise’s liquidator with the aim of helping affected UK brokers.
FCA refuses to disclose cost of abandoned Cass 5 review
The Financial Conduct Authority has declined an official request on how much it spent on its now shelved Cass 5 review.
Allianz Ventures invests in robo-advisory wealth management system
Allianz Ventures has decided to take a shareholding in robo-advisory system MoneyFarm to help broaden its presence within Europe.
Enterprise Holdings calls in administrators in light of legal action, liquidator warns of fraudsters
The parent company of failed Gibraltar insurer Enterprise has appointed two liquidators to “protect and safeguard” its assets.
Davies Group sees 38% revenue increase in H1 2016
Davies Group saw revenue increase 38% to £44.6m in H1 2016 compared to £32.4m for the same period last year.
Hiscox appoints Matt Webb as head of cyber
Hiscox has promoted Matt Webb to the newly created role of group head of cyber.
‘The Rottweiler’ doubles stake in Esure ahead of demerger
A hedge fund boss dubbed ‘The Rottweiler’ by the City has doubled his stake in Esure, following the insurer’s decision to split off its Go Compare business.
Lucy Clarke to join JLT executive committee
Jardine Lloyd Thompson has appointed Lucy Clarke, deputy CEO of JLT Specialty, to the JLT group executive committee.
Brit launches new Lloyd's syndicate
Brit has been granted permission by Lloyd’s Franchise Board to launch a new syndicate.
Safe Journey terrorism cover expands with single parent family rate
The UK’s only standalone terrorism travel policy has extended its cover with a single parent family rate.
#Post People 26-30 September
This week's movers and shakers.
FCA says online reporting portal back online after outage
The Financial Conduct Authority said the “majority” of its systems are back online after an outage at a data centre on Friday.
Gallagher and Aston Scott settle in staff poaching case
Arthur J Gallagher and Aston Scott have agreed an out of court settlement over a staff poaching case that was heard in the High Court last week.
Third of UK insurers haven't analysed impact of Brexit on staff
A third of UK general insurers haven't analysed the impact leaving the EU will have on their staff.
Video: Applied Net 2016 - How can technology help to shape insurance services?
At Applied Net 2016, analysts and industry professionals gathered to share insights into how to use digital services to enhance their businesses.
Major FCA outage due to data centre failure
The Financial Conduct Authority said an outage that has taken its reporting system offline was due to a “physical hardware incident in a data centre”.
This week: Patronuses, start-ups and blockchain
As J K Rowling continues to delight fans with updated ebooks on her website Pottermore this week we learnt a bit more about our team mates on Post as a new feature was released.
FCA reporting system offline after ‘major incident’
The Financial Conduct Authority has seen a number of its systems taken offline by a “major IT incident”, the regulator said in a statement on its site.
Aviva appoints Andrew Wilkinson as technical claims director
Aviva has appointed Andrew Wilkinson as technical claims director of its UK general insurance business.
Brokers could be responsible if SSP is unable to recover data
Brokers could be held responsible for data loss if SSP is unable to recover its document archives.
Co-op Insurance sees strong GI growth in H1 2016
Co-op’s General Insurance Division has seen a 29% increase in gross written premiums in the first half of 2016, up to £242m from £187m for the same period last year.
Gallagher and Aston Scott close to agreement over Blanc poaching case
Arthur J Gallagher and Aston Scott are close to a finalised deal over the future of Duncan Rogers, the account executive allegedly poached from Gallagher by CEO Peter Blanc.