News
National Accident Helpline group to launch law firm
National Accident Helpline Group’s first wholly-owned law firm will start trading in April.
Lockton’s Mylo attracts $28m investment
Lockton's digital broker Mylo has picked up $28m (£21.3m) of funding, in a Series A round led by Guggenheim Partners.
Industry faces £10.5m bill from FCA claims data proposals
The regulator expects its claims reporting proposals to cost the industry between £7.5m and £10.5m in one off compliance costs.
John Neal to chair LMG's TOM steering board
John Neal, CEO of Lloyd’s, will chair the steering board of the London Market Target Operating Model with immediate effect.
FCA takes aim at general insurance ‘poor product value’
The city watchdog has launched a consultation to address potential 'poor product value' in general insurance.
Industry pays tribute to former Thatcham CEO, Peter Shaw
Tributes have flooded in from across the industry to Peter Shaw, former CEO of Thatcham Research, whose death was announced on Monday.
Munich Re's Digital Partners targets Asia after hitting £100m GWP
Digital Partners, the Munich Re-owned insurtech facilitator, has revealed its intention to expand into Asia after hitting £100m gross written premium in Europe and America.
Lloyd's appoints former US senator to council
Lloyd’s has appointed former US senator, John Sununu, as a member of its council.
Ex-AIG CEO's underwriting platform goes live
Former AIG boss Jacqueline McNamee’s insurtech C-Quence has gone live with its underwriting platform.
Romero sees 30% Ebitda growth in 2018 results
Romero Group posted an adjusted Ebitda of £3.67m in its year-end results to 30 April 2018, a 30% rise on 2017’s £2.82m figure.
Thatcham CEO Peter Shaw passes away
Thatcham Research's former CEO Peter Shaw has died.
Cavere Group launches broker
Cavere Group has launched an intermediary business primarily focussed on home insurance.
BGL invests £3m to create 40 tech jobs
Digital broker BGL Group’s £3m investment in a Sunderland tech hub will create 40 jobs.
Jon Dye to join QBE from Allianz
Former Allianz UK head of commercial motor, Jon Dye will join QBE as its director of motor for the UK.
Esure founder was one of the top ten UK taxpayers last year
Sir Peter Wood, founder and chairman of Esure, paid £53.7m in tax last year, according to the Sunday Times’ tax list.
This week: Tackling pale, male and stale
Diversity topped the agenda this week with Post exclusively revealing that the Association of British Insurers is backing an ethnicity pay gap reporting proposal.
UK inks insurance free trade deal with Switzerland
Insurance sectors in the UK and Switzerland will continue trading freely with one another after Brexit, following a trade agreement signed at the World Economic Forum in Davos yesterday.
Tapoly seeks £2m of investment as it sets its sights on global expansion
Exclusive: The founder and CEO of insurtech start-up Tapoly, Janthana Kaenprakhamroy has called out the insurtech investment community for overlooking the potential of female founders, as it raises funds aiming for £2m to grow its product and technology…
Lemonade wrestles down losses despite California exposure
Lemonade reduced its loss ratio to 99% in Q4 of last year, despite exposure from the California wildfires.
Allianz UK sheds CIO in restructure
Exclusive: Jacob Abboud, Allianz UK’s chief information officer, has left his role following the merger of the company's IT and operations teams.
ABI tracker shows fall in motor premium
The cost of motor insurance fell last year for the first time since 2014, according to statistics from the Association of British Insurers.
CII launches Society of Claims Professionals
Exclusive: The Chartered Insurance Institute has launched a dedicated professional body for people who work in claims.
Ageas to outsource IT operations amid wider restructure
Ageas UK intends to outsource the majority of its IT infrastructure and operations to a third party supplier.
Ageas office closure follows end of Vauxhall contract
Ageas will cease writing new business for Vauxhall from May this year.