United Kingdom (UK)
Motor Insurance World Live video presentation: The car is the star
Motor insurance companies have long focused on rating factors such as a driver’s age, occupation and where they live.
Insurtech Parasol pushes pause after capacity provider blow off
Exclusive: Insurtech Parasol has pressed pause on plans to trade, which it said was due to its original capacity provider pulling out.
Bank of England’s warning: Which insurers have put pay to dividends?
A flurry of insurers have pushed pause on dividend payouts following Bank of England and European Union warnings on being prudent in the face of the coronavirus crisis.
Motor Mouth podcast 10: From car salvage to the future of work – what is the future of motor insurance?
Director of content Jonathan Swift discuss how the sector will adapt to challenges being presented at the moment with Motor Insurance World sponsor E2E Total Loss Management and its chief operating officer Neil Joslin.
UK body repair sector reports claims down more than 70% due to Covid-19 restrictions
Less than two weeks into a ‘partial lockdown’ that some fear could last six months, slightly under three quarters (72.2%) of respondents to the UK Body Repair Covid-19 Survey reported that claims notifications were already down more than 70%, with almost…
Blog: Preventing a Covid-19 cascading flood disaster
We have just come off the back of one of the worst winters for flooding in living memory. What would have happened had the Covid-19 pandemic started here three months ago? With the spread of Covid-19 accelerating, there is growing risk of a cascading…
Staveley Head buyer to move ‘majority’ of customers to A-rated paper
One Sure Insurance, which has purchased in-administration Staveley Head's intellectual property and renewal rights, will look to place the majority of its new buy’s customers with A-rated insurers.
Sabre delays special dividend as profits shrink in 2019
Sabre has delayed its special dividend to shareholders, citing the need to wait for greater clarity around the impact of coronavirus pandemic.
Retroactive coronavirus pay outs would ‘seriously threaten the stability’ of global insurance industry
Global insurers have warned governments that if they impose retroactive pay outs for Covid-19 this will make it difficult if not impossible for insurers to respond to the crisis and other insured events.
Staveley Head sold to One Sure Insurance
Broker and managing general agent Staveley Head, which entered administration in February, has been bought by One Sure Insurance.
Tribunal finds MD Insurance Services treated disabled employee ‘unfavourably’
Structural defects warranty insurance provider MD Insurance Services treated an employee with a disability "unfavourably", an employment tribunal has found.
Ageas' Andy Watson hands reins to Ant Middle
After 10 years with Ageas UK, Andy Watson will step down from his role as CEO at the end of June 2020 to pursue further education and involvement in a small portfolio of non-executive roles.
QBE reveals replacement for international CEO Richard Pryce
Jason Harris will take over from Richard Pryce as QBE CEO, international, when the incumbent retires at the end of the year.
Be Wiser's Mark Bower-Dyke on the role of insurers during the coronavirus pandemic
As Covid-19 sweeps the globe, Mark Bower-Dyke chairman at Be Wiser Insurance, explains the critical role insurers play in these challenging times and why they need to step up to the plate.
Tributes paid to former Co-op insurance marketing head Paul Hemingway
The industry has paid tribute to Paul Hemingway, head of affinity marketing for Police Mutual, who has sadly passed away.
Trade credit insurers in cover limits and pricing re-think
Trade credit insurers are looking at pricing and cover limits as the coronavirus crisis continues to unfold, Post understands, as they warn virtually no sector will be left unaffected by the pandemic.
Ex-Jelf boss Phil Barton to helm PE-backed broker agglomeration
Former Jelf boss Phil Barton is set to return to the market as CEO of Partners &, a private-equity backed broker that brings together five broking houses operating across the South East, South West and Midlands.
Motor insurers warned to do ‘right thing’ on mid-terms or face cancellation wave
As homeworking becomes the norm and the government advises travel for only essential reasons, motor insurers have advised careful consideration of mid-term adjustments for cost-cutting to ensure adequate cover remains, but a consumer group has warned…
Insurer gender pay gaps shrink slightly
Insurers’ gender pay gaps narrowed marginally in 2019, with the difference between the median and mean pay of women and men shrinking by 0.94% and 1.46% respectively among a sample of top insurers collated by Post.
Nimbla appoints Elizabeth Jenkin as CCO
Invoice insurance start-up Nimbla has swooped for Elizabeth Jenkin as its chief commercial officer, joining from RFIB.
180 years of Post: War in the 20th century and the impact on the insurance market
Like many industries, the insurance market was considerably affected by both the First and the Second World War. With the Insurance Museum coming soon to the City of London, Post looks at the growing tensions in the insurance market prior to the outbreak…
Personal injury and insurance lawyers agree best practice for Covid-19 crisis
Lawyers on the insurer and claimant sides have agreed to protocols and practices to help mitigate the impact of the coronavirus pandemic and allow for access to justice.
Ex-LV leader Kevan Aubrey joins Jensten Group
Kevan Aubrey, a former head of commercial distribution and strategic accounts at LV, has joined Jensten Group as sales and distribution director for its wholesale business including Policyfast and City Underwriters.
Avantia CEO dispels sale rumours
Mark Eastham, Avantia CEO, has dismissed rumours that the company is for sale.