Esure
This week in Post: Big fish, little fish, cardboard box?
It might be the name, but this week I’ve spotted some similarities between Gibraltarian unrated insurer-facing-liquidation Lamp Insurance and an angler fish, sparking some strange and slippery debate in the office.
Esure's Peter Wood leads £2.5m funding round for sharing economy insurtech
Esure and Direct Line founder Sir Peter Wood has led a £2.5m seed funding round for sharing economy insurtech Pikl.
David McMillan appointed Esure CEO
Esure has hired QBE’s David McMillan as its CEO with a mandate to fulfil “very ambitious” digital plans for the business, by new owner Bain Capital.
Esure turns to reinsurance to improve solvency coverage
Esure improved its solvency capital coverage ratio to 149% over the first quarter of 2019, having seen it drop to 108% at the end of last year.
Blog: Aquiline's recommitment to ERS highlights turnaround success after dark days of IAG
Jonathan Swift reflects on the turnaround at ERS and why Aquiline might have decided to wait to sell the motor insuer
Esure's Peter Wood admits 'disappointing result' as insurer sees a loss of £15.4m for 2018
Motor-heavy Esure faced a “disappointing” year that saw claims costs mount and its solvency coverage ratio dip.
British Insurance Awards at 25: The judges reflect on the changing market
With the deadline for entering the British Insurance Awards getting ever closer, what better time to introduce the judges who will be casting an eye over these years submissions? Post canvasses them for their favourite memories of previous BIAs and their…
Blog: Is Egan replacing Lewis at RSA a sign insurance lacks recruitment pull?
Jonathan Swift asks whether RSA promoting Scott Egan is a sign of the insurance industry's lack of appeal to external candidates; a sign of lack of big name insurance draws in the market; an indication of its risk aversion; or a combination of any of the…
Esure founder was one of the top ten UK taxpayers last year
Sir Peter Wood, founder and chairman of Esure, paid £53.7m in tax last year, according to the Sunday Times’ tax list.
Motor insurers move to allay no deal Brexit green card fears
Motor insurers are preparing to issue potentially millions more green cards in the case of a no deal Brexit.
Insurance Fraud Awards 2018 - full list of winners
Keoghs partner James Heath, pictured, was handed the achievement prize at the Fraud Awards last night in what proved to be a fruitful night for the law firm.
This week in Post: Washouts and windfalls
When you head off to an outdoor festival following a heatwave, you cross your fingers and hope the sun sticks around. Unfortunately it seems like the recent tropical spate has done a runner and I spent last weekend trying not to roll down a hill while up…
Esure looks for 'new type of leader' following Bain takeover
Esure is looking for a digital-savvy CEO from outside the industry, who will lead a transformation programme when Bain Capital takes ownership at the end of the year.
Esure receives £1.17bn takeover bid
Esure has received a takeover bid which would see the insurer valued at £1.17bn.
Roundtable: The future of insurance in the digital age
Insurers feel they need to adapt to the digital age but they don’t all agree on how to drive technological change. What culture should they nurture? Post invited a number of industry experts to discuss the challenges ahead
Blog: Want to prove your insurtech credentials? Recruit a Googler or Amazonian
As Igo4 appoints a Google exec to its board, Jonathan Swift looks at whether the recruitment of Mark Bennett marks a "trend" in terms of insurance turning to digital to fill their top tables.
Personal injury motor claims hit near decade low, government figures show
The number of personal injury motor insurance claims has fallen to the lowest level in nine years, government figures published today reveal.
Insurance leaders pledge to pass on personal injury reform savings
Insurance leaders have pledged to pass on all savings made through the Civil Liability Bill reforms to policyholders.
Cost of motor claims hits highest ever level
The cost of motor claims has climbed to the highest level on record, the ABI said. However, claimant solicitors say the numbers don't paint the whole picture.
Esure broadened risk appetite to spur motor growth, says Ogden
Esure has been able to grow its motor book substantially over the past three years as a result of a more relaxed risk appetite.
Esure's profit up 35.6% at full-year
Esure has reported a pre-tax profit of £98.6m for the year ending 31 December 2017.
Analysis: Women-friendly travel policies: Fair for females
As conversations around the gender pay gap or harassment at work illustrate, an increasing number of women are demanding a fairer deal. But will this extend to their insurance?
Blog: Did Axa's Brendan McCafferty set a record for the shortest GI CEO stint this century?
The surprising departure of Brendan McCafferty as the CEO for intermediated and direct at Axa Insurance last month got me thinking.
Editor's comment: An explosive start to the year
I started this year in style watching the fireworks over Sleeping Beauty’s castle at Disneyland Paris. Looking at January’s headlines the insurance industry has also started this year with a bang.