News
Aviva to give staff £1000 each in shares
Aviva has reported its highest gross written premium from continuing operations in "over a decade" and will grant its 22,000 employees £1000 each in shares.
Self-driving vehicle data sharing rules must be right from day one, insurers urge
Insurers have warned that any duty to disclose data in an Automated Vehicles Act must be right from "day one" to avoid lengthy litigation.
British Insurance Awards Countdown: In 2021, 10 awards were won by firms beginning with which letter?
Five firms, which received 10 awards between them in 2021, all have names beginning with the same letter. What letter is it?
Ceta’s parent company appoints Matthew Birney as group pricing director
Atec Group, the parent company of Ceta Insurance and MGA Arkel, has appointed Matthew Birney as group pricing director.
MGAA adds Brown and Morris to its board members
The Managing General Agents’ Association has added Harbour Underwriting managing director Sharon Brown and HDI Global Specialty’s UK director of underwriting for delegated authority William Morris to its board.
Optio appoints David Robinson as managing director
Specialty managing general agent Optio has appointed David Robinson as managing director.
Aon hit by cyber incident
Aon has been affected by a cyber incident, the global broker updated.
Russia’s Ukraine war to ‘substantially’ impact global insurance industry: AM Best
The Russian invasion of Ukraine is likely to have a substantial impact on the global insurance industry in the near to midterm, AM Best has said.
Lloyd's appoints special advisor to boost investor access
Lloyd’s has appointed former Guy Carpenter executive Des Potter as a special advisor to chief financial officer and chief operating officer Burkhard Keese, with a focus on making it easier for investors to access Lloyd’s.
Kingsbridge names Paul Havenhand CEO
Kingsbridge Group has appointed Paul Havenhand as CEO, succeeding James Twining.
Corbin & King’s £4.4m victory against Axa opens insurers up to more and larger BI claims
The Commercial Court has ruled that Axa must indemnify restaurant group Corbin & King £4.36m for closures during the first year of the pandemic.
Insurers wasting time and putting public at risk with fruitless CCTV requests
Exclusive: Claims handlers are badgering Traffic Scotland with requests for CCTV footage – but insurers may be pointlessly taking resources away from public safety matters.
Marsh/Volante launch shareholder activism product; insurance sector launches flood directory; GRP buys Hamilton Fraser; Liberty rolls out real-time flood warning solution
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
British Insurance Awards Countdown: In 2021, which firm became the 15th different name to win General Insurer of the Year?
There are now just 15 days left to get your British Insurance Awards entries in [closing date: 11 March].
Travelers buys Trov’s tech
Travelers has bought Trov’s technology assets, with most of the insurtech’s team joining the insurer.
Questgates appoints Howden’s Anna Burt as specialist services operations manager
Questgates has appointed Howden’s former claims director Anna Burt as operations manager of its specialist services division.
Ageas to announce series of distribution deals as it enters personal lines-only future
Ageas is set to unveil a series of new distribution deals throughout 2022 as it continues to double down on intermediated personal lines business following the sale of its commercial lines business to Axa last week.
Cladding campaigners seize on ABI hashtag to highlight 'extortionate' premiums
Leaseholders that have seen their buildings insurance premiums skyrocket as a result of the cladding crisis took to Twitter on Tuesday to highlight what they regard as extortionate practices on the part of the insurance sector.
Beazley head of specialty lines James Eaton to retire
James Eaton, Beazley head of specialty lines, will be retiring at the end of the year.
Not enough being invested in flood defences: Aviva's Winslow
Not enough money is being spent on flood defences and resilience measures, Aviva UK & Ireland general insurance CEO Adam Winslow has said.
Changes to Solvency II rules to free up 'meaningful amounts of capital', says Glen
The UK’s rewriting of Solvency II rules will result in the release of “meaningful amounts of capital for productive investment,” John Glen MP, the Economic Secretary to the Treasury, has said.
O'Dwyer focuses on collaboration in ABI address
Current industry challenges require collaboration if much needed support is to be delivered, ABI president and Royal London CEO Barry O’Dwyer has told insurers.
Insurance Hound: Most read by insurers so far in 2022
Which topics have insurers been reading most about?
Loss adjusters and insurers see claims influx from succession of storms
Loss adjusters and insurers have been inundated with claims in the wake of Storm Eunice, which hit the UK on Friday.