Global Risk Partners will continue with its focus on regional broker acquisitions, buying niche managing general agents and developing its wholesale business, incoming group CEO Mike Bruce told Post as New York-headquartered PE firm Searchlight Capital…
Insurance clone warnings doubled last year, as fraudsters got creative in their attempts to scam the public. Post investigates the rise of the clones and asks why it is so tough to police these fraudulent firms
The Financial Conduct Authority confirmed that during the Brexit implementation period European Union law will continue to apply and firms will continue to benefit from passporting between the UK and European Economic Area.
Gallagher delivered revenue and margin growth across all four UK trading units of retail broking, specialty broking, Pen Underwriting and Capsicum Re last year, Simon Matson has stated.
The wait began in 2017, and many of us felt that the agonising limbo might never end. But after two and a half years, the wait is finally over. That’s right: Kesha’s new album is out today.
Research by Willis Towers Watson has revealed that $1.99bn (£1.52bn) of global investment into insurtechs in the final quarter of 2019 propelled the yearly total to a record $6.35bn, a leap of 52% on the previous year.
It is now five years since I did my first ever 'Insurtechs to Watch Blog', when in 2016 I included Brolly, Digital Risks, Trov and Wrisk.
Protecting customers online is becoming increasingly difficult. Brooke Snelling, senior manager at Iovation, a Trans Union company, highlights areas where insurers should be using tools to prevent fraud.
The Motor Insurers’ Bureau is waiting on a number of government decisions in order to meet the slated 6 April launch date for its whiplash portal.
Parametric insurance is unlikely to replace conventional indemnity products, but there is a strong likelihood that it will become more widely used, even in personal lines, in the future, a conference heard.
The average cost of motor insurance rose to its highest level in the final quarter of 2019, according to research by the Association of British Insurers.
People buy insurance to transfer risk, not because you are 'technologically cool': Aon claims boss Harrison
Insurers and brokers should not lose sight of the fact that customers buy insurance to transfer risk, and not because a provider has something “technologically cool,” a conference heard.
The CEO of the British Insurance Brokers’ Association explains how the trade body picks the topics to lobby on and how the organisation seeks to get members’ views heard by decision makers to change the landscape.
RSA has pledged to double the number of apprentices in the business by 2022.
Hiscox has confirmed it will move 300 roles out of London over the next two to three years.
Pressure from manufacturers to extend the definition of what counts as an autonomous vehicle could lead to more accidents, Axa’s David Williams has warned.
Exclusive: Ecclesiastical Insurance Group has bought 20% of Lloyd & Whyte for an undisclosed sum.
The government has told the Motor Insurers' Bureau that it will enact legislation to allow ‘black-and-white green cards’, allowing insurers to distribute green cards electronically if the UK is unable to strike a deal with the EU by the end of the…
Insurers have ramped up lobbying attempts to convince the government to slice the rate of Insurance Premium Tax. Post investigates why they may well have good reason to be worried it could be cranked up the other way.
The Motor Insurers’ Bureau is continuing efforts to secure agreements with France, Poland and Romania to preserve so-called ‘protection of visitors’ rules that would otherwise fall away if the UK is unable to strike a deal with the European Union by 31…
Insurer Aviva has said there was ‘no issue with personal data’ in thousands of emails it sent out mistakenly calling customers Michael.
The Chartered Insurance Institute’s Society of Underwriting Professionals has launched a good practice guide on cyber covering data, coverage, cyber incidents and basic precautions.
Saga faced up to claims inflation and a £4m Thomas Cook hit, according to a trading update ahead of its annual results, as it forecast a 3% yearly fall in branded home and motor policies.
Exclusive: Non-standard motor insurance specialist Complete Cover has been acquired by former Pizza Express and Punch Taverns investor Sun Capital Partners after a 12 month sales process that has seen previous backer Darwin Private Equity exit the…