Finnish insurer Sampo and South African financial services firm Rand Merchant Investment Holdings have agreed a £1.66bn takeover with the directors of Hastings.
The Financial Conduct Authority has today denied there is any conflict of interest in relation to the law firm engaged on its business interruption test case.
Hiscox could look to an analysis of the Covid-19 economic impact on Sweden versus the UK, which its counsel said has faced “draconian” lockdown measures, as a defence in the Financial Conduct Authority’s business interruption test case.
In the latest Insurance Post and Insurance Age video cast brought to you while our journalists are working from home, we present the first in a series of newsmaker specials focusing on the people behind the lockdown headlines.
Pet insurance specialist Bought By Many has secured $98m (£78.4m) in growth equity investment led by FTV Capital, having agreed terms sheets with the US growth equity investment firm and five other potential investors prior to Covid-19 lockdown.
Analysis: What are insurtechs doing in the face of the coronavirus pandemic – Part Two: Pan-European start-ups?
In light of the coronavirus pandemic, Post content director Jonathan Swift caught up with a number of insurtechs to find out what they are doing to reduce staff and client’s exposure to Covid-19, while keeping operations as business-as-usual as possible…
Exclusive: Bought By Many has appointed former Prudential UK CEO Jim Sutcliffe to chair the company.
Pet insurance insurtech Bought By Many has engaged with a number of larger funds as it edges towards a Series C fundraising round in the coming months, CEO Steven Mendel told Post.
As Markel International gears up for more growth across its national markets business and looks to build on its presence in Europe, Jen Frost spoke to Markel International president William Stovin about the history of the business and why Brexit has…
Sedgwick has acquired Nordic Loss Adjusting and related entities, for an undisclosed amount.
In February, Post held a roundtable, in association with Aquarium Software, to examine the state of the UK pet insurance market, touching on issues from consumer education and pricing, to how data and technology may revolutionise the market
RSA posted a 15% drop in group operating profit for the first six months of the year as British and Canadian weather losses dent the insurers’ results.
We’ve reached the business end of the tournament. With the group stages a distant memory, we look back at the thrills and spills of the first two weeks of competition.
Neon has launched Orca Insurance Agency, a Lloyd’s approved coverholder which will underwrite Nordic marine business on behalf of Neon Syndicate 2468.
Over the past four years insurtech has become a very familiar word and start-ups are launching every day to target sectors underserved by traditional insurance. Post, in association with Tällt Ventures, indexes those that have the most potential to…
The Central Bank of Ireland has ordered CBL Insurance Europe to cease writing business with immediate effect, until further notice.
Cunningham Lindsey has named former Crawford boss Claes Frick as CEO for its Swedish business.
Volvo is “fairly confident” it can start selling autonomous vehicles to individual drivers in 2021, a conference heard.
Arthur J Gallagher has acquired Scandinavian property and casualty broker Nordic Försäkring & Riskhantering for an undisclosed sum.
Towergate Underwriting has launched an international managing general agent for Scandinavia.
It is estimated that the Grenfell Tower fire could result in claims of up to £50m. However, the carrier responsible for insuring the building said that its expansion plans for the UK remain undimmed.
To celebrate the return of the Post Digital Insurance Collective, I thought I would take another of my periodic looks at some of the newer start-ups in the insurtech space with some connection to the UK.
Insurance services business Ryan Speciality Group has entered into a deal to buy Navigators' operations in Sweden and Denmark.