News
Kingsbridge acquires gig economy insurtech Dinghy
Kingsbridge Group has acquired of insurtech company Dinghy, which provides on-demand professional indemnity cover to freelancers and ‘gig’ economy workers.
42% of insurers and brokers have made or are considering Brexit moves
Nearly half of insurance brokers and insurers are considering moving or have confirmed that they are moving some of their operations and staff as a result of Brexit.
Gallagher to buy Stackhouse Poland
Gallagher will buy acquisitive regional broker Stackhouse Poland.
Month in Post: Do insurers dream of Brexit?
We may not have flying cars, humanoid robots and exaggerated shoulder pads, but there is every reason to believe that the 2019 predicted by 80s film Blade Runner, looks very slightly dystopian.
Lloyd's and Hiscox 'unaffected' by 9/11 hack
Lloyd’s of London and Hiscox have said they were not hacked and were unaffected by a security breach by a hacker group calling itself the Dark Overlord.
Ciaran Astin to exit Hastings amid leadership restructure
Exclusive: Hastings Direct retail commercial director Ciaran Astin will be leaving the business, as it re-juggles its senior leadership team structure.
Penny Black's Social World: January 2019
CSR, charity week and clearing gardens
Gable disputes £8.8m worth of claims in bankruptcy hearing
Failed unrated insurer Gable has disputed 100 claims totaling CHF 10.9m (£8.8m) in its first bankruptcy court hearing.
Besso faces near $10m lawsuit over ‘secret profits’ extracted by rogue former director
Exclusive: Besso is facing an almost $10m lawsuit from a group of hotel companies in the Caribbean, after an ex-director was alleged to have concealed brokerage.
Analysis: How insurers are preventing the Brexit brain drain
Insurers are coming up with ways to get round obstacles to doing business in Europe after Brexit
FCA sets March deadline for CMC permissions
The Financial Conduct Authority has invited claims management to register for temporary permission to continue operating once the sector enters the financial regulator’s remit later this year.
Stackhouse Poland acquires medical indemnity broker
Stackhouse Poland has continued its acquisition drive into the New Year, acquiring specialist medical indemnity broker, Bespoke Medical Indemnity.
Ardonagh completes Swinton acquisition and MGA sale
The Ardonagh Group has completed the purchase of broker Swinton, while the sale of its commercial underwriting business to Arch has also been finalised.
Lloyd's mandates brokers move to electronic placement alongside new targets
Lloyd’s has confirmed electronic placement targets for the first half of 2019, alongside a new mandate that all Lloyd’s brokers will be required to connect to a recognised electronic placement platform by 1 June 2019.
Merry Christmas from Post
Infopro Digital's offices are now closed until Wednesday 2 January 2018 for the festive period. We would like to take this opportunity to wish you all a very Merry Christmas and a Happy New Year from the Post team.
FSCS working with Danish Guarantee Fund to compensate customers of bankrupt Qudos
Qudos, the unrated Danish insurance company that was placed in liquidation last month, has been declared bankrupt.
SSP redundancies to be finalised ‘before Christmas’
Software house SSP expects to have finalised its restructuring consultation before Christmas.
Neon Underwriting appoints new CEO and managing director
Lloyd’s managing agency, Neon Underwriting Limited has appointed Theo Butt and Matthew Washington to the positions of CEO and managing director respectively, subject to Lloyd’s and PRA approval.
Insurers face 'significant' travel claims as Gatwick drones event declared extraordinary circumstance by CAA
Passengers whose flights were cancelled or delayed as a result of the disruption at Gatwick Airport may not be eligible for compensation by airlines so travel insurance claims are expected.
Nexus acquires Hiscox Global Flying
Nexus-owned Millstream Underwriting has acquired aviation insurer, Hiscox Global Flying.
Horizon Insurance declared in default
Gibraltar-based Horizon Insurance has been declared in default by the Financial Services Compensation Scheme.
Lloyd's Brussels appoints Sonja Rottiers as CEO
Lloyd’s Brussels has appointed Sonja Rottiers as its CEO. She will also be Lloyd’s regional director for Europe, Middle East and Africa.
The Civil Liability Bill receives Royal Assent
The Civil Liability Bill, which aims to transform Britain’s motor compensation culture to create a fairer system for insurance customers and claimants alike, has received Royal Assent today and is now part of UK law.
‘Heartless’ insurance fraudster who made false Grenfell, Manchester Arena bombing and London Bridge terror attack claims jailed
A woman who made more than 50 fraudulent claims, including some involving the Grenfell Tower fire, Manchester Arena bombing and London Bridge terror attack, has been handed a jail sentence.