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This week in Post: No done deal
Post journalists and broking stalwarts found themselves in the Houses of Parliament this week, on the day that Prime Minister Theresa May’s Brexit deal suffered an historic defeat.
Insurers issue no-deal Brexit warning over Green Cards
Motorists from Northern Ireland will have to secure a Green Card from their insurer if they wish to cross the border into Ireland, if there is a no-deal Brexit.
Bupa's Alex Perry on life after cancer
Survival rates for those diagnosed with cancer are improving and many are keen to work. Alex Perry, CEO of Bupa UK Insurance, explains how insurers can help employers support this
Insurtech diary: D-day for product launch
In this instalment, Holly Tester, marketing executive at Buzz, joins the firm the week of the Buzzvault launch, and explains how the launch process works.
Axa-backed Setoo plots UK Q1 launch
Exclusive: Axa-backed broker Setoo expects to launch in the UK next month, and has outlined further fundraising plans for later this year.
Mapfre looks to strengthen links to 'big five' brokers
Mapfre has appointed Chris Smith to the newly-created position of chief global brokers officer.
Analysis: Insuring unoccupied property
The issue of unoccupied property is a political hot potato in a climate of Brexit and increased online retail. How are insurers tackling this high risk area?
This week: What does the fox say?
Brightside’s new managing general agent Kitsune takes its name from the Japanese word for fox. The animal is much admired in Japanese folklore for its intelligence and supernatural abilities – characteristics all the insurance companies that announced…
Blog: Model behaviour for insurance risk prediction - destroying the myth of the magic funnel
In a highly competitive market, it is important that insurers maximise their data models to create more intelligible insights. Only then, argues Alan O’Loughlin of Lexis Nexis Risk Solutions, will they gain a strategic advantage over competitors
Brightside MGA Kitsune targets £37m GWP in first 18 months
Exclusive: Brightside's newly-launched managing general agent, Kitsune Associates, is aiming to reach in £20 to 25m in gross written premium in its first year of trading, with plans to potentially reach £37m within 18 months.
Pet insurance start up Waggel targets ‘thousands’ of customers by the end of the year
Insurtech pet insurance provider Waggel, which launched a month ago, hopes to pick up thousands of customers by the end of the year.
Deal with Richard King’s Ticker sees Hood Group enter telematics
Hood Group and Richard King-led Ticker have entered into a three year contract, which will see service provider Hood Group venture into telematics for the first time.
Zego in debt deal with venture capitalist Triplepoint
Exclusive: Pay as you go insurtech Zego has inked a deal with venture capitalist Triplepoint that will see it take on debt to fund further expansion.
Granite Underwriting gets private equity backing for growth plans
Inflexion Private Equity has made a minority investment in speciality motor insurer, Granite Underwriting.
42% of insurers and brokers have made or are considering Brexit moves
Nearly half of insurance brokers and insurers are considering moving or have confirmed that they are moving some of their operations and staff as a result of Brexit.
Penny Black's Social World: January 2019
CSR, charity week and clearing gardens
Roundtable: Building out from the back office
The hype over new technologies might have the industry excited. But there remains a question of whether these firms’ back offices are fit for purpose to enable them to maximise these customer facing investments. Against this backdrop, Post, in…
Ardonagh completes Swinton acquisition and MGA sale
The Ardonagh Group has completed the purchase of broker Swinton, while the sale of its commercial underwriting business to Arch has also been finalised.
Editor's comment: New year, new you!
We’ve all seen the memes about how it’s a new chapter in our lives with the striking of the bell at midnight and how we have a blank page to do what we’ve always wanted to and be the best version of ourselves.
Analysis: Is the industry prepared if the UK is hit with Brexit riots this year?
Legislation introduced in the wake of 2011 riots aims to simplify claims handling
Interview: David Rule, Prudential Regulation Authority
With Brexit, increased scrutiny over reserves, climate change and emerging risks on the ‘watch’ list for 2019 The Prudential Regulation Authority certainly has a lot on its plate. Its executive director for insurance, David Rule spoke to Stephanie Denton…
Research: Reconciliation and settlement systems
On the back of recent research by Post and Banking Circle – the financial utility – into the banking/payments infrastructure insurance companies use for reconciliation and settlement, Edward Murray sought to discover the most pressing pain points and how…
Ageas' Ant Middle on why the industry shouldn't focus on 'doom bingo'
It's pretty easy to generate a list of challenges facing the insurance sector in 2019 but Ant Middle, chief customer officer at Ageas, believes insurers should be looking to creating new opportunities instead.
Analysis: Jumping into 2019
2019 is sure to be mostly about Brexit but, as Sam Barrett explains, there will be other challenges and opportunities for insurers as well