Axa
This week in Post: Shuffling and reshuffling
This week, as Theresa May reshuffled her cabinet, the insurance industry underwent its own shake-up.
McCafferty departure due to Axa group-level changes
The structural changes which led to the shock departure of Axa’s insurance CEO Brendan McCafferty came from a drive to simplify the business at group level, Post has been told.
Brendan McCafferty to leave Axa as part of restructure
Brendan McCafferty has left Axa with immediate effect, 11 months into his tenure as CEO for intermediated and direct.
Post Power List 2018
2018 is likely to be a year dominated by data regulation, more Brexit negotiations and further Ogden reform and, as such, the key influencers reflect this
Analysis: Does the Bluefin scandal signal a wider problem with brokers?
Last month, the Financial Conduct Authority fined Bluefin £4m for misleading customers over its independence from then-parent company Axa.
Post Power List 2018: Amanda Blanc
UK Group CEO, Axa
Career Development: Axa's training programme targets young brokers
Axa is set to launch a new training programme aimed at helping young brokers prepare for the future of the insurance industry.
Axa Partners to roll out AI-driven concierge app across Europe
Axa Partners has entered into the concierge service market with the launch of its Artificial Intelligence-human hybrid app, Pleez.
Legal Update: Conflicts of interest in the insurance distribution chain
As they prepare for the Insurance Distribution Directive, insurers and brokers need to be wary of conflicts of interest, which the Financial Conduct Authority has been monitoring closely, explain Roseyna Jahangir and Juanita Morrison, associate and…
Axa divests from oil sands and commits €12bn for environmentally-friendly projects
Global French insurer Axa has divested from 25 oil sands (also known as tar sands) companies and made other environmental commitments at the One Planet Summit in Paris.
FCA fines Bluefin £4m for misleading customers
The Financial Conduct Authority has fined Bluefin over £4m for failing to provide information to its customers about Bluefin’s independence in a way that was clear, fair and not misleading.
Market Moves: December 2017
This month's movers and shakers in the insurance industry.
Roundtable: Modernising the London market
For years, Lloyd’s of London has been grappling with the challenges of modernisation. As businesses within the London market come under increasing competition and margins are challenged, both Lloyd’s and the wider market are focusing greater energies on…
Generali hires de Broize in Asia
Italian insurer Generali's Asia arm has hired Bruce de Broize as head of distribution for Asia.
Week in Post: All hail Captain Side Parting
This year’s Budget was rewarding for many reasons: a freeze on insurance premium tax, an increase in research funding for driverless cars, and a dig at Jeremy Clarkson.
Digital and Insurtech Awards 2017: Winners
The industry’s tech gurus gathered this afternoon for Post’s annual Digital Insurance Awards. The winners are listed below:
Amex winds up its travel insurance business
Exclusive: American Express has placed its travel insurance business into run-off, as part of a wider restructure of its insurance unit.
MP launches petition to freeze IPT rise
An MP has launched a petition urging the government not to raise the Insurance Premium Tax in next week’s budget.
Axa commits €200m a year to innovation; will reduce head office costs by 25%
Speaking at an investor day Axa group CEO Thomas Burberl is looking to innovate to accumulate.
Insurers divest $20bn from coal
Insurers are divesting an estimated $20bn (£15bn) in equities and bonds from coal projects, according to the Unfriend Coal campaign.
Ex-ABI chair Paul Evans leaves Axa following restructure
Former chair of the Association of British Insurers, Paul Evans, will leave Axa following a global management restructure.
Industry working group to tackle fraud with behavioural science
An insurance industry working group will begin to explore how behavioural science can be used to tackle insurance fraud.
Insurers must harmonise claims and underwriting to tackle fraud
Insurers must de-silo their underwriting and claims departments if they are to effectively tackle fraud, an audience heard.
Insurers have 'responsibility to stakeholders' to employ fraud tackling tech
Insurers have a responsibility to their stakeholders to employ technology in the fight against fraud, an audience heard.