News
Gibraltar-based Quick-Sure appoints administrators
Gibraltar-based motor insurer Quick-Sure has been placed into administration.
This week: Bagging a bargain
As the January sales draw to an end consumers aren't the only ones with deals on their minds.
Christopher Woolard named interim FCA CEO
HM Treasury has appointed Christopher Woolard as interim CEO of the Financial Conduct Authority, effective mid-March when Andrew Bailey departs.
Allianz appoints chief compliance officer
Allianz has named Margo Young as chief compliance officer.
Australian insurers face further losses of A$514m as hail hits the country
Insurance losses resulting from severe weather conditions from 19-21 January in Australia, are estimated to be A$514m (£269m), according to the Insurance Council of Australia
Henderson to rebrand as Aon this April
Aon expects to rebrand Henderson Insurance Broking Group under its global brand on 1 April, Post can reveal.
Data non-profit aims to spur development of climate-ready financial products
A non-profit seeking to draw up open industry data-sharing standards to address the climate crisis has launched with £1m funding and a consortium of partners that includes Aon and Brit.
Gibraltar regulator undergoes restructure
The Gibraltar Financial Services Commission has completed a "comprehensive" organisational restructure.
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.