Great Lakes
Admiral is the most complained about general insurer in H1 2023
Data analysis: Admiral, Direct Line Group, Aviva, Axa and RSA were the most complained about general insurers in the first half of 2023, according to the latest Financial Ombudsman Service data.
All Clear acquires Insure & Go; Liberty supports WTW sustainability accreditation; PIB buys again; Zurich enters UK PMI market
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Digital disruption in insurance – managing indemnity spend on escape of water claims
Insurers are grappling with rising escape of water claims costs. One of the most common types of domestic property damage claims, insurers are paying out an estimated 2.5 million every day, according to the Association of British Insurers.
Weddingplan claims being paid following Supreme Court BI ruling
Some claims on wedding insurance policies sold by managing general agent UK General that were initially rejected are now being paid with policyholders also receiving compensation, Post has learned.
Debenhams and Weddingplan insurer ‘considering’ impact of Supreme Court ruling on wedding claims
The businesses behind Weddingplan and Debenhams wedding insurance are “considering” the impact of the Supreme Court judgment and what it means for policyholders who did not get lockdown payouts for cancelled weddings, Post has learned.
Analysis: How Covid crashed the wedding market
Events were cancelled across the board this year due to Covid-19 but none could be much more emotive than the thousands of weddings that couldn’t go ahead. Post investigates how the insurance market responded.
Updated: Insurtech Buzzvault closes its MGA business as latest raise collapses due to Covid-19
Exclusive: Insurtech Buzzvault has closed its managing general agent business, Insurance Post can reveal.
UK General in advanced sales talks
Exclusive: UK General Insurance is in “advanced” sale “negotiations”, Post can reveal, with market sources tipping Primary Group as poised to buy the firm back.
Munich Re, Allianz and Zurich discussed the management of unstructured data in claims during Post webinar
Insurance companies are dealing with increasing volumes of digital media associated with claims initiation and claims investigation processes.
Exceptional items put UK General in the red in 2016/17
UK General made an operating loss of £714,879 for the year ending 31 March 2017, compared to a profit of £8.7m in the previous year.
Zurich plans to underwrite Cover-More's travel policies
Zurich has confirmed it is interested in taking on the underwriting for Sydney headquartered travel subsidiary Cover-More's more than two million customers.
Court of Appeal finds insurers may only have to pay incurred reinstatement costs
Insurers may only end up paying for reinstatement costs that the insured has in fact incurred, the Court of Appeal has found.
Post’s Top 100 UK insurer rankings 2016
The results are out. Has your company made Post’s Top 100 UK insurers 2016?
Top 100 UK Insurers 2016: Top 20 insurers: Regional office map
Where can you find the offices of the Top 20 UK insurers? Find out in our interactive map.
Post’s Top 100 UK Insurers: Full 100 listing
Each year Post works in association with ratings agency AM Best to put together a list of the UK’s top 100 insurers.
Top UK Insurers ranking 2016: Number 9 – Great Lakes Reinsurance
Rank: 9 (2014 rank: 9)
Munich Re seeks buyer for Great Lakes Australia
Munich Re is looking to speed up the sale of its Australia and New Zealand specialist insurer Great Lakes Australia.
UK General signs three-year capacity deal with Great Lakes
UK General has signed a three-year capacity agreement with Munich Re subsidiary Great Lakes Reinsurance (UK), which replaces Ageas as UK General's major capacity provider.
Top 100 UK insurers: Top 20 focus
We focus on the insurers that made the top 20 in the 2015 listing.
Catlin completes Insure the Box sale
Aioi Nissay Dowa Insurance has finalised its acquisition of Insure the Box and Drive Like a Girl from Catlin.
Top 100 UK Insurers 2013: Top 20 insurer profiles
A detailed look at the top 20 UK insurance firms according to AM Best's Top 100 UK Insurers Table, including board members, broker agencies, staff and UK reserves. For full table and map of regional offices see bottom of page.