News
Allianz tackles underinsured SMEs with new data initiative
Allianz has introduced a new data initiative which aims to reduce the number of uninsured SMEs.
Insurers begin lobbying ministers following cabinet reshuffle
Insurers and brokers have already begun lobbying the new cabinet following prime minister Theresa May’s reshuffle last week.
Brexit will not lead to ‘bonfire of regulation’, FCA chief says
Brexit will not lead to a “bonfire of regulation” the new head of the Financial Conduct Authority has warned.
Six out of 10 policyholders now using online self-service
Six out of 10 policyholders are now using online self-service for car and home insurance.
Only one in 10 insurers are prepared for arrival of driverless cars
The majority of insurers are unprepared for the arrival of driverless vehicles, according to a report from KPMG.
Insurtech start-ups will change industry says PwC report
A PwC trend report has revealed that insurtech start-ups have the potential to reduce costs across the insurance industry and improve the customer service given to policy holders.
Customer satisfaction in the insurance industry continues to rise
Customer satisfaction in the insurance sector has increased over the past year, research from the UK Customer Satisfaction Index has revealed.
Ex-Biba accountant stole £24,000 from trade body
An ex-accountant for the British Insurance Brokers’ Association is facing jail for stealing £24,000 from his employer.
ARAG sees 12% growth in premium under management for 2015
UK legal protection and assistance specialist ARAG has announced 12% growth in premium under management for 2015, its ninth full year of trading.
QBE to ‘simplify’ its claims handling operation in Chelmsford
QBE will streamline its claims handling business to remove “unnecessary layers of complication”.
Travel insurance ‘unlikely to cover cancellations’ from Lowcost Holidays collapse
Travel insurers have been bombarded with calls from 110,000 holidaymakers affected by the collapse of travel agent Lowcost Holidays this weekend.
Aviva calls for crackdown on nuisance calls
Consumers were bombarded with more than 600 million personal injury-related nuisance calls last year, according to research using Ofcom data.
#PostPeople: 01 - 05 August
Who has moved where this week in the world of insurance.
Tokio Marine Kiln launches digital exchange
Tokio Marine Kiln has launched a digital exchange for brokers to quote and bind policies online in real time.
R&Q acquires runoff reinsurer
Randall and Quilter has acquired Agency Program Insurance Company for £1.1m.
Gable shares rise after suspension on trading is lifted
Share prices in Gable Holdings have risen since the company resumed trading on the London Stock Exchange this morning.
Lawyers call on government to 'get its priorities right' on automatic car renewals
Access to Justice has called on the government to “get its priorities right” and take further action on automatic car renewals.
Telematics providers welcome government consultation
Telematics providers have welcomed the opening of the government consultation on autonomous cars.
Towergate fined and MGAA chair interviewed - the Post week
The insurance news and Post exclusives of the past week, in case you missed them
Rehabilitation Awards shortlist unveiled
Unum and Crystal Palace Physio Group lead the shortlist for the Rehabilitation First awards 2016 with four nominations each.
Am Trust acquires Arc Legal Assistance for undisclosed amount
Am Trust International has acquired Arc Legal Assistance for an undisclosed amount.
Gable cuts underwriting operations to comply with Solvency II
Gable has announced it will "significantly reduce" the scale of its underwriting operations in Europe, and has ordered its broker network to cease writing new business with immediate effect.
IFB to launch new intelligence sharing platform
Names of fraudsters will be shared among insurers using a new platform launched by the Insurance Fraud Bureau.
ABI issues warning to Pokemon Go players
The Association of British Insurers has issued a warning to Pokemon Go fans not to get so caught up in the game they have an accident.