Businesses seeking to use insurance to recoup costs incurred by the ongoing coronavirus outbreak are likely to find their cover wanting, due to a raft of exclusions, stringent notification criteria and sublimits.
Aon has posted a 35% leap in profit from $1.13bn (£857m) in 2018 to $1.53bn last year.
People buy insurance to transfer risk, not because you are 'technologically cool': Aon claims boss Harrison
Insurers and brokers should not lose sight of the fact that customers buy insurance to transfer risk, and not because a provider has something “technologically cool,” a conference heard.
Aon expects to rebrand Henderson Insurance Broking Group under its global brand on 1 April, Post can reveal.
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.
Aon has appointed Helene Madell as chief broking officer for commercial risk solutions, health solutions and affinity in the UK.
Hippo, Lemonade and Zego are just three of the start-ups that have been in the news recently. Matt Connolly, founder and CEO of Tällt Ventures, reflects on a what has been happening for the Insurtech 100 since the list was published in May.
Powerful 5G smart tech devices are expected to be rolled out this year. They are anticipated to overtake 4G in terms of reliability and innovation, as well as increasing data speeds, resulting in faster downloads and increased capability for digital…
When thinking about what the new decade might hold in store for the profession, it is vital to consider how insurance has evolved over the centuries and the role it played in shaping the world we live in, says Sian Fisher, CEO of the Chartered Insurance…
Martin Kelsh, the former production and distribution director of Neon, has joined Lloyd’s broker HW Wood as head of the international non-marine team.
Diversity and Inclusion in Insurance Awards, keeping safe on the roads, and embracing flexible working
Amid rumblings in the tech sector and trouble at We Work, which could drive more insurtechs to seek a sale to incumbents, Lemonade has reportedly put its initial public offering on hold.
It feels as if 2019 was an uncomfortable year for the general insurance market as it never quite seemed to grasp control of its own destiny. Wherever you look, carefully laid plans were derailed by the unexpected – and often unwanted – intervention of…
Within insurance, it’s managing general agents seeing all the deals, attracting the money and the talent. The potential for big profits and lower costs drives the sector forward, but will the sector gather yet more momentum or will it overheat?
Aon is to buy insurtech Coverwallet, in a deal that is expected to close in the first quarter of 2020.
Travelers is among a number of insurers that are exposed to a pending £10m legal claim against Staffordshire Police by a former member of Parliament, who was accused of non-recent child sexual abuse, Post can reveal.
Zurich Insurance and its employees were among the big winners at the inaugural Diversity and Inclusion in Insurance Awards last night.
The size and complexity of cyber perils are constantly increasing and pose a major challenge to insurers and insureds alike as they attempt to assess potential cyber losses.
Reinsurance rates have started to rise after a series of natural disasters in 2017 and 2018, but the increases are not being seen across the board.
Senior insurance executives scheduled to appear at a diversity event pulled out after discovering the session would be on the "sensitive" issue of the industry's Black, Asian and Minority Ethnic pay gap.
Q&A: Ajay Mistry, partnership director, Brokerbility and co-chair, Insurance Cultural Awareness Network
As part of the Inclusion at Lloyd's programme six partner networks have been set up to help bolster diversity and inclusion in insurance. Post spoke to a representative from each one to get an insight into what they doing, today focusing on The Insurance…
An ex Aon employee has hit out at the global risk and consulting giant, alleging that she faced sexist behaviour that led to “mental health complications” and made her feel she had to leave the company.
The Governor of the Bank of England has described climate as a “big, big issue” for general insurers and reinsurers.
The political risk map of Europe is being changed by a toxic combination of uncertainty — both political and economic, populism, geopolitical changes, political violence and technological advances