UK
Ex-Besso boss Bird joins EC3 Brokers
EC3 Brokers has appointed former Besso CEO and chairman Colin Bird to work alongside senior management.
Ardonagh outlines coronavirus lockdown impact
Ardonagh Group has revealed a 1% drop in income year-on-year in April, pointing to a limited impact from the Covid-19 crisis as adjusted Ebitda rose to £20.7m.
Towergate strikes first buys of 2020
Towergate Insurance Brokers has bought the Education Staff Absence insurance book from Integro and snapped up farm insurance specialist Edwards & Swan Insurance Brokers.
Analysis: The parametrics push powers on
Parametrics has been around for a while but a slew of new entrants means it is now poised to make its mark on UK general insurance
London Market report shows steady commercial share but reinsurance declines
The London Market was responsible for $110bn (£89.7bn) of premium in 2018 with 8.1% year on year core growth across property, casualty and financial lines, according to the latest research by the London Market Group.
Aviva names George Culmer as chairman
Aviva has appointed George Culmer as chairman to replace Sir Adrian Montague on 27 May after its annual general meeting.
Premium finance bosses hail 'smooth' transition to latest guidance
The introduction of further guidance on premium finance by the Financial Conduct Authority including three month payment deferrals for customers hit by the economic impact of the coronavirus pandemic has gone well according to market players.
Cooter completes half of portfolio with Qlaims chair role
Former Covéa Insurance commercial lines and high net worth director Simon Cooter has taken on the non-executive chair role at Qlaims, the holding company of technology provider Qlaimstech and managing general agent Qlaims Insurance.
Insurance sector targets £100m with Covid-19 charity launch
The UK insurance and long-term savings industry has launched the Covid-19 Support Fund with £82.5m of its £100m target already pledged to help people hit hardest by the crisis.
Axa’s Garance Wattez-Richard wins inaugural Geneva Association Women in Insurance Award
Axa Emerging Customers CEO Garance Wattez-Richard has won the first annual Geneva Association Women in Insurance Award for her work to tackle the insurance protection gap in emerging markets and protect underserved populations.
Danuta Gray appointed DLG chair
Danuta Gray, non-executive director and chair of Direct Line Group’s remuneration committee, will succeed Mike Biggs as chair of DLG on 4 August 2020.
Zego trialling sales with brokers
Zego is in trials on selling its usage-based motor policies in partnership with brokers, co-founder and CEO Sten Saar told Post.
Allianz confirms John Berry as CRO
John Berry has been appointed chief risk officer for Allianz Holdings and Allianz Insurance having held the role on an interim position since the start of the year.
Acturis reports 10% dip in platform use during pandemic as it picks up Partners& business
Activity across Acturis’ software platform has reduced by 10% during the coronavirus pandemic, Acturis co-CEO Theo Duchen told Post as he detailed the company's Partners& technology supplier win.
Interview: Pool Re CEO Julian Enoizi
Pool Re boss Julian Enoizi spoke to Post senior reporter Emmanuel Kenning about Pandemic Re, the Office for National Statistics change in the terrorism reinsurer’s classification and using its funds to pay for business interruption claims in the…
Ardonagh’s Paul Dilley heads for RSA
RSA has appointed Ardonagh’s Paul Dilley as UK and international chief underwriting officer replacing Adrian Sweeney who is emigrating to New Zealand.
Enoizi counsels against using Pool Re to pay for coronavirus BI claims
Using Pool Re’s £6.6bn fund to pay coronavirus business interruption claims would not be the greatest idea, CEO Julian Enoizi told Post as part of an exclusive interview.
Biba CEO Steve White on staying afloat
In an exclusive blog for Post on the day he was supposed to be giving his keynote speech at the 2020 British Insurance Brokers' Association conference, Biba CEO Steve White shares his thoughts on keeping lines of communication open during the coronavirus…
Airmic warns insurers of long-term damage to trust from Covid-19 crisis
John Ludlow, CEO of Airmic, has warned that the insurance industry is at a “critical juncture” due to the coranvirus crisis with member surveys suggesting the hardening market is already forcing businesses to look at alternative risk transfer options.
Allianz and LV's £68m weather hit edges first quarter COR above 101%
Allianz Holdings, comprising of LV General Insurance and Allianz Insurance, saw £68m in claims relating to storms and flooding in the first quarter of 2020 as Allianz unveiled a global property and casualty €400m (£351m) Covid-19 hit.
Robert Wilson promoted to deputy CUO and underwriting boss for Chubb Global Markets
Chubb has appointed Robert Wilson as deputy chief underwriting officer and head of underwriting operations for Chubb Global Markets.
Hackers Maze release four files of alleged Chubb data
Ransomware group Maze has published four sets of data labelled as “proof” of its hack of insurance giant Chubb.
Direct Line saw motor claims slide 70% in April
Motor claims notifications fell 70% at insurer Direct Line Group in April compared to the same month in 2019, as drivers stayed indoors due to lockdown measures.
François-Xavier Boisseau reunites with Amanda Blanc at ERS
Former CEO of Ageas UK Insurance François-Xavier Boisseau has joined the board of ERS as a non executive director.