Lockton Companies
Axa blames Lockton errors in defence to property developer's fire claim
Axa has blamed Lockton for issuing an incorrect certificate as the insurer estimated its liability for the damage portion of a property claim at £541,000 rather than the £1.7m being sought by property investor Aubrey Weis in a High Court action.
Lockton denies fraud as Axa hit with legal action
Broker Lockton has denied acting fraudulently regarding a property developer’s claim, as fresh legal action was brought against insurer Axa.
Analysis: One in five D&O buyers witnessing 400% premium increases
One in five UK directors and officers insurance buyers faced rate rises of 400% or more during this year’s renewals, according to Airmic.
Lockton accused of forging Axa documents in High Court fraud case
Property investor Aubrey Weis has accused Lockton of forging Axa documents and altering an insurance certificate issued to his company Combined Property Control in a filing at the High Court of Justice in London.
Insurance Covid-cast: Grumpy old insurance execs - Bunker, Cooter, Hanks and Smith on trading through a hard market
For the 36th episode of Post and Insurance Age’s Covid-Cast video series we gathered together an esteemed panel of ‘grumpy old insurance execs’ to talk about how to trade through a hard market, something many might have not experienced before.
Ex-Zurich boss Dave Smith takes NED role at AIG UK
Former Zurich UK general insurance CEO Dave Smith has joined AIG UK as a non-executive director and is set to become chair of the risk committee.
Broker gender pay gap wider than insurers' and static in 2019
The gender pay gaps of top insurance brokerages showed little movement in 2019, with the divide between the mean pay of men and women shrinking by 0.33% while the gap in median pay grew by 0.34%.
Biba unveils six board changes
The British Insurance Brokers’ Association has made six board changes across its smaller brokers, larger brokers, MGA and networks advisory groups, its standards council and an internal appointment.
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…
Lockton’s Mylo attracts $28m investment
Lockton's digital broker Mylo has picked up $28m (£21.3m) of funding, in a Series A round led by Guggenheim Partners.
Mapfre looks to strengthen links to 'big five' brokers
Mapfre has appointed Chris Smith to the newly-created position of chief global brokers officer.
Penny Black's social world: November 2018
More mudders, netball’s Neville and an eye mask event
Analysis: Military recruitment: A call to arms
As insurance tries to attract talent and adapt to emerging risks, the London market is increasingly turning towards the military for new recruits
Brokers must analyse customers' exposure to Brexit
A panel of experts has told brokers at the British Insurance Brokers' Association annual conference that they need to be preparing for the UK's exit from the European Union and analysing their customers’ exposure.
This week in Post: Dual pricing and declaring bankruptcy
If only online retailers worked in the same way as price comparison sites and insurers.
Lloyd’s severs links with NRA following inquiry
Lloyd’s has instructed underwriters to no longer do business with the National Rifle Association of America, following fines on Chubb and Lockton.
Chubb and Lockton fined over provision of ‘murder insurance’
Chubb and Lockton have both been fined by a US insurance watchdog for providing what campaigners have described as “murder insurance” for rifle owners.
Biba appoints Aon boss Julie Page as deputy chair
The British Insurance Brokers’ Association has appointed Julie Page, CEO of Aon Risk Solutions, as its deputy chair.
Post Power List 2018: Bubbling under - Neil Nimmo
CEO, Lockton Companies
Chubb and Lockton in the firing line over ‘murder insurance’
Chubb and Lockton have been targeted by anti-gun campaigners for providing what is described as “murder insurance” to gun owners.
Lockton names Willis P&C co-head to lead global marine
Lockton has hired Alistair Rivers as global head of marine and transportation.
UK businesses 'underestimate' the effects of cyber attacks
UK businesses underestimate how long the effect of a cyber attack will last, with 50% expecting to be fully operational after just 48 hours following an attack.
Claims aggregation: Joined-up thinking
The Supreme Court ruling in AIG has clarified the conditions under which claims can be aggregated, allowing insurers to reduce their exposure, but future cases will remain highly fact-sensitive
Ranking the top 67 brokers in the history of the British Insurance Awards
When I sat down to compile the list of the most successful brokers in the history of the British Insurance Awards in 2014, space permitted that I could only number the top 10.