This week Aviva has been tipped to unveil a new structure which will again see its UK general insurance and life/pensions businesses split. Jonathan Swift reflects on why this should not come as a surprise as history dictates the insurer has never been…
Creditors of CBL Corporation, the parent company of CBL Insurance, are expected to be owed in excess of £90m.
Ahead of the Association of Insurance and Risk Managers conference, Jonathan Swift caught up with Fujitsu chief technology officer Manan Sagar to talk about the future of risk management and the role of technology in that evolution.
Allianz will transfer Legal & General’s general insurance business to LV once it completes its takeover at the end of the year.
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.
Allianz has agreed to buy Legal & General’s general insurance business for a base price of £242m plus potential further payments over three years.
Allianz has bought the remaining 30.1% stake in LV General Insurance for £365m.
Exclusive: Now 4 Cover is looking to relocate policies of 13,500 of its customers, following Lamp’s descent into insolvency.
Teachers are safer drivers than sales people; Edinburgh residents are better drivers than those from Glasgow; and Toyota owners score better than those that own BMWs. These are among the insights gleamed by Matt Munro, Igo4 chief executive, from the…
Average home insurance premiums have dropped 1.2% in the past year to £134, despite a rise in subsidence claims, according to the latest report.
The number of motor claims has risen by 10,000, which lawyers say is a sign there has been little impact from whiplash reforms.
The number of motor theft claims paid out by insurers in Q1 of this year was the highest since 2012, leading insurers to call for action from motor manufacturers.
Swinton closed 24 of its high street branches in the first quarter of the year, bringing the total number of branch cuts over the past year to 58.
BGL Group has launched a new short-term car insurance brand that will allow customers to insure their vehicles for as little as one hour.
Aviva has revealed that four out of five customers choose to manage their repair claims themselves.
Gibraltarian insurer Lamp is the fifth unrated carrier to fall over in the past three years. The insolvency once again demonstrates the risks brokers take when they use unrated insurers, industry figures have warned.
Rick Preston, head of the intelligence team at insurance fraud law firm, Horwich Farrelly, looks at the claims challenges the sector could face as the next generation of ‘intelligent cars’ hit the road.
The average cost of a pet claim is on the rise with payouts often exceeding premiums. However, insurers need not cut margins to remain profitable, with Mark Colonnese of Aquarium Software, pointing to the smart deployment of digital technology as key to…
The Diversity & Inclusion in Insurance Awards will be held in November
The Financial Services Compensation Scheme has released a list of 21 failed regulated firms that defaulted between February and April this year.
Allianz UK CEO Jon Dye confirmed that the transfer of personal lines business from Allianz to LV remains on-track and will be completed within three to four weeks, as the insurer announced its Q1 results.
Exclusive: Saga has revealed that the three-year fixed-price promise has attracted more than half of its customers.
Covéa Insurance has appointment of James Gearey as corporate development and strategy director.
A survey conducted by Post showed that insurers and brokers saw improved customer engagement as the top positive outcome anticipated from partnering with insurtechs. John Price, chief operating officer of Schemeserve, believes digitalisation is key to…