Direct Line Group
Fosun helps The Floow raise £13m
UK telematics technology provider The Floow has raised £13m for equity investment from a variety of international funds.
March 2017 Post: Census and CII CEO
My one-year-old just started toddling. She was so proud after pushing her walker to the other side of the room that she applauded herself. As a result, she lost her balance and landed on her bum.
Aviva takes £385m hit from discount rate cut
Aviva expects to take an exceptional charge to its 2016 profit after tax of approximately £385m as a result of the decision to cut the discount rate.
Roundtable: The personal lines insurer of the future?
Digital transformation has become a hot topic in the insurance industry in recent years, with insurers becoming increasingly aware of the need to adapt to the changing technological landscape.
Insurers' share prices tumble as profits hit by discount rate changes
More insurers have posted swingeing losses as a result of the discount rate cut.
Direct Line hit by £230m profit blow from discount rate cut
Direct Line will see a blow to profits of up to £230m from the discount rate cut, the company said.
This week: Personal injury, fundamental flaws and results
Personal injury took on a new meaning for me this week when I discovered a bruised ankle picked up during a recent paragliding adventure was actually a bad break.
Discount rate change could cost motor insurers £4.9bn
Motor insurers and reinsurers could face reserve charges of £4.9bn as a result of changes to the Ogden discount rate.
Peter Graham departs as Barbon chair to focus on new ventures
Former Esure CEO Peter Graham has stepped down from his role as chairman of Barbon Insurance Group
Uninsured drivers: clamping down
Large numbers of uninsured cars have been seized but many vehicles continue to drive around uncovered
Post Power List 2017: Paul Geddes
CEO, Direct Line
Marketing: Image is everything
Insurers must stand out from the competition to attract custom. What lessons can they learn from outside the sector?
JLT's Mark Wood on why brokers must keep up with insurtech
‘Insurtech´ has been a buzzword in the insurance sector for a few years now, but how many of us have truly woken up to the opportunities that exist for the insurance market within the technology sector?
Direct Line launches new telematics app to reduce risk of crashes in young drivers
Direct Line has launched new telematics app to promote safe driving in drivers aged 17-25-years old and reduce the risk of crashes.
Trouble brewing: What went wrong at Kwik Fit Insurance?
At the end of November, Ageas confirmed it would be closing Kwik Fit Insurance’s Uddingston site, putting 521 jobs at risk.
Director of content's comment: Time to make a nuisance with a #coldcallcrackdown
Earlier this year I blogged about a call I took from a rogue claims management company purporting to be a major player.
Roundtable: How to connect with the Millennial market
Penetration into the under-30s market remains low despite new app-based products and innovative solutions. Post, in association with GMC software, hosted a roundtable to find out what more the industry can do to address this
Review of the year 2016
2016 started with several UK regions under water, and then saw the launch of Flood Re. It underwent the largest overhaul of insurance law in a century and it finishes on a long awaited reform. Insurers, brokers and industry representatives are sharing…
'Lavish' woman sentenced for taking insurance company for a ride
A woman has been sentenced after falsely claiming £10,000 for stolen horse saddles. The money was used to "fund her lavish lifestyle".
This week: Elections, new woes and results
This week was an historic week for the world as it watched Americans choose their 45th president.
Direct Line Group sees GWP rise by 4.2%
Direct Line Group has seen a 4.2% rise in gross written premiums in the first nine months of the year, compared to the same period last year.
Insurance Fraud Summit 2016: Insurers must refer cases to the SRA to tackle fraud ‘training camps’
Insurers have been urged to submit referrals of regulatory breaches by legal entities to the Solicitors Regulatory Authority to tackle the scourge of legal fraud and 'training camps'.
The question of liability for autonomous vehicle claims
Tesla’s recent hack has moved the liability spotlight onto software providers
Customers' home insurance will not be 'invalidated' following Samsung recall
Insurers have warned customers to respond to Samsung’s recall of Galaxy Note 7 devices but have assured them that their homes will still be covered in the event of a fire.