As Allianz appoints a digital claims propositions manager, Post content director Jonathan Swift mulls whether this is part of a sustainable trend - or a short lived attempt by insurers to give the impression they are doing something to transform their…
Direct Line saw profit slide 10.2% for H1 compared to the first half of 2018.
Exclusive: Clare Lunn, director of fraud at LV, has been selected as a chair of the the General Insurance Fraud Committee.
It was around Spring when office chat turned to the trend of insurers bolstering full year accounts through claims reserve releases.
Insurers that have been pricing and reserving using a discount rate of between 0 to 1% may face a short term financial hit, analysts have warned.
On Wednesday night Admiral chair Annette Court won the Achievement Award at The British Insurance Awards.
David Baker, Direct Line Group director of group compliance, is joining Axa UK & Ireland as chief risk officer.
The tipping point between level two and level three automation is a potentially dangerous place, according to the head of motor at Direct Line.
The insurance sector is one of the mainstays of the UK economy, contributing nearly £30bn and employing more than 300,000 people. Its sheer size and financial strength gives the industry the opportunity to do good for the people who rely on it
For a while now the insurance industry has been under the spotlight for the sheer volume of sexual harassment allegations its faced. And after Post reported this week the suspension of a senior boss at Marsh sister company Guy Carpenter, following…
Eccslesiastical has appointed Denise Cockrem as group chief financial officer.
Mike Holliday-Williams, managing director of personal lines at Direct Line, will step down from his role amid a wider management restructure.
The use of data is widespread but where insurers are on their integration journeys can be very different. Post, in association with Marklogic, brought a panel of experts together to discuss best practice in this area including effective compliance and…
In anticipation of the new discount rate announcement, expected by 5 August 2019, many insurers have already started to price and reserve at 0%
Providers with books that are skewed to heavily discounted year one are facing a quandary about whether to change their strategy before the dual pricing review outcomes or wait until after. Either way Brendan McCafferty, CEO Brightside Group, believe…
Insurers continue to hang their success on the quality and use of data, with businesses continually reviewing how to gain a commercial advantage. Edward Murray looks at the benefits of using external data providers and why some peril risks have proven…
London-based insurtech Artificial Labs has announced it has raised £4.2m in a seed round to scale up its team, product offering and geographic reach.
A third of UK consumers feel no loyalty to their insurance provider, according to a report.
US asset manager Blackrock has upped its stake in UK insurer Direct Line to 10.13%.
Technology continues to disrupt insurance but William Corke, founder and strategy director at Corke Wallis, argues this is the perfect time for insurers to wrestle control back from the price comparison websites.
With the outcome of Brexit still unclear and a possible European Union exit on 29 March looming, some insurer bosses have cautioned that we could see rising claims inflation this year.
Insurers will have to pay more than double compensation to consumers and businesses who complain under the Financial Ombudsman Service.
The loss of European Health Insurance Cards in the event of a no deal Brexit could increase insurer costs and put UK travellers off European mini-breaks.