Lloyds Banking Group
Trov and Lloyds release renters' insurance app
Insurtech Trov has launched an end-to-end digital renters' insurance application, in partnership with Halifax Home Insurance, part of Lloyds Banking Group.
Tesco to buy out Ageas from insurance joint venture
Exclusive: Tesco has notified the Ageas UK board that it is likely to end its decade long home and motor insurance relationship next year, Post understands.
This month: Celebrations, climate change and culture
In this month’s issue Post published the annual top 100 Insurers, a list of the UK's biggest insurers ranked by non-life gross premium written in 2018, in association with AM Best.
More than half of London market risks placed electronically in Q2
Lloyd’s syndicates placed 60.2% of in-scope risks electronically during the second quarter of 2019, surpassing the 50% target set in December.
This month in Post: Insurtechs, results and discount rate
London seems strangely quiet in the summer, most people are away on holiday, and out of office replies are basically a given.
Lloyd's mandates brokers move to electronic placement alongside new targets
Lloyd’s has confirmed electronic placement targets for the first half of 2019, alongside a new mandate that all Lloyd’s brokers will be required to connect to a recognised electronic placement platform by 1 June 2019.
Broker Right Choice receives £28m private equity investment
The private equity arm of Lloyds Bank has invested £28m for a minority shareholding in motor broker Right Choice.
Lloyds Bank insurance boss Bill Cooper leaves role
The head of insurance at Lloyds Bank, Bill Cooper, has left the business.
Lloyds Bank insurtech and innovation head joins Oxbow as a partner
Christopher Hess, formerly the business development director at Lloyds Banking Group's insurance arm has joined management consultancy Oxbow Partners.
Beazley appoints Nationwide chair David Roberts to lead board
Lloyd’s of London insurer Beazley has appointed top banking executive David Roberts as its new chairman.
Lloyds Bank's Bill Cooper on the attraction of illiquid investments
The protracted low interest rates and poor profitability could make illiquid assets increasingly attractive for insurance investors according to Bill Cooper, managing director and global head of insurance at Lloyds Bank Commercial Banking.
Week in Post: Brexit, redundancies and consolidation
This week we saw the ‘Great Repeal Bill’ being introduced to Parliament, a key waystone on the long and arduous journey to leaving the European Union.
LV finance boss Philip Moore to step down
LV has appointed Lloyds Banking pensions boss Andy Parsons as finance director.
This week in Post: highs, lows and running with the wolves
It has been a week of highs and lows in our household. My son went on his first Cub sleepover and earned the honour of becoming a Sixer. I, meanwhile, returned to the X-ray machine.
Lloyds Banking Group's GI division takes hit from softening home market
Lloyds Banking Group’s general insurance division saw gross written premiums fall by 3% in 2016, to £1.1bn from £1.14bn in the previous year.
Lloyds outsources claims management to Innovation Group
Lloyds Banking Group has outsourced its subsidence claims to Innovation Group, Post understands.
Lloyds' Bill Cooper on why M&A is looking more attractive despite Brexit
As the dust settles on the UK’s vote to leave the European Union, some of the initial predictions about the impact of 'Brexit’ on mergers and acquisitions activity in the insurance market appear unfounded.
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 19 – Lloyds Bank General Insurance
Rank: 19 (2014 rank: 24)
Moore and Beale elected to top CII jobs
Thomas Carroll Group chairman John Moore MBE has been elected president of the Chartered Insurance Institute.
ABI appoints Tim Harris to chair of PFT committee
Tim Harris, group finance director of Royal London, has been appointed as the new chair of the Prudential, Financial and Taxation Committee and is joining the the Association of British Insurers'board.
Lloyds Banking Group insurance profit hit by weather claims in H1 2016
Lloyds Banking Group this morning reported that its general insurance business saw a 12.5% drop in general insurance ‘underlying profit’ for the first half of 2016 after reporting £168m in income (H1 2015: £192m).