News
Lloyd's appoints 'whistleblowers’ champion' amid PRA scrutiny
Lloyd’s has added Angela Crawford-Ingle to its board as chair of its audit committee, also appointing her as the market’s whistleblowers’ champion.
Insurers still ‘lag behind’ other financial firms in digital transformation
Insurers are still “lagging” behind other financial organisations when it comes to digital transformation, a conference heard.
JLT and Hyperion settle staff poaching lawsuit
JLT and Hyperion have agreed to settle a lawsuit brought by JLT in relation to employees who left the broker last year and subsequently joined Hyperion.
Liberty's Matthew Moore to succeed Andrew Horton as LMG chair
Liberty Specialty Markets CEO Matthew Moore has been named as the next chair of the London Market Group.
Jane Hayes joins LMA as underwriting director ahead of Lloyd's syndication pilot
The Lloyd’s Market Association has appointed Jane Hayes as underwriting director, effective 3 February.
Aon names Helene Madell UK chief broking officer
Aon has appointed Helene Madell as chief broking officer for commercial risk solutions, health solutions and affinity in the UK.
MIB opens whiplash portal registration
The Motor Insurers' Bureau has opened registration for the incoming whiplash portal ahead of its April launch.
CFC strikes second deal with Threatinformer buy
CFC has bought London-based insurtech Threatinformer for an undisclosed sum.
PE house completes £285m Charles Taylor buy
US private equity firm Lovell Minnick Partners has completed its deal to buy Charles Taylor.
Biba launches 2020 Manifesto: Access
The British Insurance Brokers’ Association called for more proportionate regulation as it launched its 2020 Manifesto: Access.
Sir Adrian Montague set to step down as Aviva chairman
Aviva chairman Sir Adrian Montague will retire later this year once a successor has been appointed.
Alleged FCA data for sale on online forum
The Financial Conduct Authority has issued a warning after what appears to be data held by the regulator appeared for sale on a website.
Experts tackle ethics of AI in insurance
Big data is not a game played by different rules, delegates at an insurance artificial intelligence ethics conference were today reminded.
Chaucer appoints CRO from within
James Wright will become Chaucer’s chief risk officer from April.
'Completely new ways of thinking' needed to address $1.2tn protection gap
Insurers need to make further efforts to focus on the customer and build trust if they are going to address the $1.2tn (£920bn) global protection gap, a conference heard.
Ex-Aviva director Russell's insurtech Brisk plots funding round
'Fit Bit for business' insurtech Brisk is looking for investors to join a second round of funding ahead of series A round at the end of the year.
Davies Group acquires Keoghs
Exclusive: Davies Group has acquired law firm Keoghs.
Admiral’s online portal drives 'dramatic decrease' in contact centre use
Customers are logging into Admiral's online portal on a regular basis, leading to cost savings and a drop in contact centre use, a conference heard.
Hyperion confirms £300m war chest with 20 deals in pipeline
Hyperion has £300m to spend and around 20 deals in its mergers and acquisitions pipeline, group chief financial officer Mark Craig told Post as the group announced its 2019 results.
Institute and Faculty of Actuaries appeals £38,000 ‘direct discrimination’ payout
The Institute and Faculty of Actuaries is appealing against an employment tribunal ruling that ordered it to payout nearly £38,000 to a Zurich employee, Post has learned.
Car insurance premiums jump 5% in 2019: Confused and WTW
Comprehensive car insurance premiums in the UK increased by 4% in the final quarter of 2019, taking the annual uplift to 5%, according to the latest Confused Car Insurance Price Index in association with Willis Towers Watson.
This week: It's all about change
Moving home has to be one of the most annoying and tedious things we have to do. From organising your flat viewings to packing up all your belongings. And honestly who really likes change? It’s much easier to just stay in the place you've grown…
Retreat from coal wins insurers praise from NGOs
Commitments to disengage from coal-producing and coal-dependent power companies have won insurers plaudits from activist organisations, according to consultancy Sigwatch.
Financial services survey finds insurance optimism surging
Optimism among insurance providers has soared to its highest level in years, according to the latest CBI/PwC Financial Services Survey, with brokers also increasingly upbeat.