News
Motor premiums have already started to fall: Fitch
Insurers have already started to reduce motor premiums ahead of the government’s proposed whiplash and discount rate reforms.
Ex-Das CEO Paul Asplin stands trial for fraud
Ex-DAS CEO Paul Asplin is alleged to have dishonestly failed to inform the insurer that he owned one third of CW Law and Med Report Limited during his service at the company, Southwark Crown Court heard today.
Insurance data could have been used in Leave campaign, claims whistleblower
A witness to the parliamentary Fake News Inquiry has raised questions over the use of insurance data in the Leave.EU campaign.
Axa enters capacity deal with Gresham Underwriting
Axa has entered into a £20m three-year capacity deal with Gresham Underwriting, the managing general agent arm of Tasker Insurance Group.
Cunningham Lindsey to be rebranded Sedgwick following acquisition
Cunningham Lindsey will be subsumed under the Sedgwick brand following the acquisition of the adjuster last year.
Konsileo raises £2.7m in series A funding round
Insurtech broker Konsileo has raised £2.7m from a series A funding round and will use the capital raised to bolster its recruitment process.
Business leaders ‘turning their backs on Europe’
UK business leaders have turned their backs on Europe as political uncertainty and regulatory concerns see decision-makers’ focus on the domestic market, according to survey findings.
SSP users experiencing further difficulties following last week's disruption
SSP users are facing a fresh wave of issues this morning following problems with the platform on Friday.
Silent cyber holding back insurance market, survey claims
Silent cyber risk is the largest inhibitor to the growth of cyber insurance, according to a Post survey.
Insurtech start-up selects Amazon platform for launch
Insurtech start-up Thingco has selected Amazon Web Services to host its product launch.
Ghost broker jailed after making £321,000 of false car insurance claims
A ghost broker who used victims’ details to make £321,000 of false car insurance claims has been jailed.
London Market launches permanent body to manage market services
The London Market Group has launched London Insurance Market Operations & Strategic Sourcing, a permanent body to manage market services.
Government introduces rules to curb bogus holiday sickness claims
Government has given the go-ahead on new rules that will help clamp down on bogus holiday sickness claims.
Marsh UK CEO Mark Weil to leave the business
Marsh has appointed Chris Lay as CEO of its UK & Ireland region, pending the departure of Mark Weil.
Biba’s Steve White on why a transitional agreement is only the tip of the Brexit iceberg
News of a post-Brexit transitional agreement is a welcome one, writes Steve White, CEO of the British Insurance Brokers’ Association, however brokers must be wary that the hard work is still yet to come.
Insurtech initiative to set 'industry standard' for sector
Exclusive: A cross industry initiative has been established to draw up a roadmap for future insurtech innovation.
GRP buys Burnley-based Thomas Sagar
Global Risk Partners has acquired Thomas Sagar Insurances for an undisclosed sum.
Hamilton Bond was 'catalyst' for Jelf's Clark Thomson acquisition
Worcester-based claims consultant Hamilton Bond Group was the ‘catalyst’ for Jelf’s acquisition of Clark Thomson, according to CEO Phil Barton.
Jelf buys Scottish broker Clark Thomson
Broker Jelf is to acquire Clark Thomson, Scotland’s largest independent insurance broker.
Gallagher to become official Premiership Rugby sponsor
Gallagher is set to become the official title sponsor of Premiership Rugby from the 2018-19 season.
Eos launches $100m insurtech fund
A major insurtech investment fund will raise a $100m (£70m) fund to target insurance tech start-ups.
Barbican and Howden swept up in Gable fallout
Barbican Specialty Re and broker Howden are the latest companies to become embroiled in the fallout of Gable.
British Insurance Awards: 2018 shortlist revealed
C'mon everybody, it is shortlist time!
Marsh combines Middle East and Africa operations, appoints CEO
Marsh has combined its Middle East and Africa businesses and named Christos Adamantiadis as CEO.