News
Allied World promotes MacLeod in Asia-Pacific
Switzerland headquartered global insurer Allied World has made a senior promotion in Asia-Pacific.
Zurich agrees major acquisition in Australia
Global insurer Zurich has expanded its footprint in Australia with a major acquisition and a 20-year distribution agreement with banking giant ANZ, subject to regulatory permission.
Skuld appoints Simpson as London boss
Skuld has appointed Rachael Simpson as senior vice president, London P&I operations.
Cost lawyers call on government to curb recoverable costs recommendations
The Association of Costs Lawyers has urged the government not to follow recommendations to expand the use of fixed recoverable costs.
Insurers pay out £2.7bn in minor injury compensation in two years
Insurers have paid £2.7bn in minor injury compensation since the government first proposed whiplash reforms in Autumn 2015.
Liberty to redomicile to Luxembourg
Liberty Specialty Markets will redomicile its insurance company from the UK to Luxembourg, rather than set up a separate legal entity.
IAG releases 12.5% of premiums to reinsurers for a fee
Australian giant IAG has decided to expand its innovative quota share arrangements with more reinsurers next year.
AIG Singapore creates online motor accident reporting platform
AIG Singapore creates online motor accident reporting platform
Duke of Norfolk joins Helios as non-executive director
Edward Fitzalan-Howard, the duke of Norfolk, has joined Helios Underwriting as a non-executive director.
This month in Post: Takeovers, tech, trials and tinsel
This week saw one of the biggest takeover deals of 2017 while our December issue highlights a year of tech.
Sector welcomes PM’s first Brexit deal
The insurance sector has welcomed news that the UK and EU plan to move onto the next phase of Brexit talks but stresses the need for certainty on the UK’s future trading relationship with the bloc.
Nine crash for cash fraudsters convicted
Nine members of an organised ‘crash for cash’ scheme have been convicted following a motor fraud case brought forward by insurer LV and law firm DWF.
BGL Group appoints Stephen van Rooyen as non-executive director
BGL Group has appointed Sky CEO Stephen van Rooyen as non-executive director.
Indian regulator allows private equity ownership, with conditions
If private equity firms wish to buy 50% or more of an Indian life insurer, general insurer, reinsurer or health insurer they will need to meet some strict conditions.
Penny Black's Social World: December 2017
Astronauts, assault courses and an art bonus
ABI highlights £35bn industry contribution to UK economy
Insurers and long term savings firms paid out £160m to customers last year, the equivalent to the cost of around 700 houses.
Iain Laws joins Ardonagh to oversee health division
Jelf executive Iain Laws has joined Ardonagh Group as CEO for healthcare.
Policy Castle partners with smart home security system provider
Policy Castle has partnered with smart home security system provider, Cocoon, to provide its customers with discounted home insurance policy.
Deakin appointed deputy CEO of Ardonagh
Janice Deakin has been appointed deputy CEO of Ardonagh.
Helvetia Venture Fund acquires stake in Inzmo
Helvetia Venture Fund has acquired a holding in Estonian insurtech company Inzmo.
Neon appoints Tim Overton as head of pricing
Neon has appointed Tim Overton to the newly created role of head of pricing.
Bovolini promoted at Generali Asia
Marco Bolivini, head of broker relationship management for Hong Kong at Generali's global corporate and commercial division, has been promoted to a regional role.
Cunningham Lindsey and Sedgwick are ‘complementary businesses’
Cunningham Lindsey and new owner Sedgwick are “complementary” businesses, the CEO of the claims firm said.
Sedgwick to buy Cunningham Lindsey
US firm Sedgwick has acquired loss adjuster Cunningham Lindsey for an undisclosed amount.