United Kingdom (UK)
Allianz Global Corporate & Specialty names CEO
Allianz Global Corporate & Specialty has appointed Joachim Müller as CEO, succeeding Chris Fischer Hirs.
NFU Mutual on hunt for claims head after Jon Cawley's exit
Exclusive: NFU is actively recruiting for a new head of claims following the departure of Jon Cawley.
Pioneer places syndicate in run off
Pioneer Underwriters has cut loose Syndicate 1980.
This week in Post: Deluge, diversity and misdemeanours
More than 800 houses have been evacuated due to flooding and many of those families won't be back in their home for Christmas. Flood warnings are still in place and there are reports that flood defence equipment is being stolen.
Diversity and Inclusion in Insurance Awards: The winners
Zurich Insurance and its employees were among the big winners at the inaugural Diversity and Inclusion in Insurance Awards last night.
The NED Blog: Regulation and the regulators
The regulatory agenda is always something of a concern to the independent non-executive director in the insurance market and keeping a close eye on the 2019 and 2020 plans from both the Financial Conduct Authority and Prudential Regulatory Authority is…
TMK recruits Matthew Shaw from Chubb as chief underwriting officer
Tokio Marine Kiln has appointed Matthew Shaw as chief underwriting officer.
Flood forecasting insurtech launches nationwide
Insurtech Previsico has launched nationwide, aiming to support insurers, brokers and their customers across the whole of the UK with live actionable flood warnings.
ABI and Biba at odds over ring-fencing insurance taxes for flood defences
Insurance trade bodies have found themselves at loggerheads over whether part of insurance premium tax should be ring-fenced for flood defences.
Rising Star: Katie Williamson, Horwich Farrelly
While working at a personal injury law firm, Kate Williamson became interested in what cases were like from the insurer's side and is now on her way to qualifying as a solicitor at Horwich Farrelly.
Industry responds to 'jaw-dropping' behaviour at FCA headquarters
The insurance industry has reported mixed responses to reports of “shameful” behaviour by staff at the London offices of the Financial Conduct Authority.
North of England floods could cost industry £80m to £120m: PWC
Flooding in the north of England could cost insurers between £80m and £120m, PWC has estimated, though this could rise.
Who is the best insurance employer in the UK market?
Does your employer go above and beyond to look after its staff? Are the perks you receive out of this world?
Blog: Flood-damaged cars - are insurers missing a trick?
Earlier this year parts of the UK were under water and serious flood warnings are becoming more commonplace, writes Jane Pocock, managing director, Copart UK.
Diversity and Inclusion Q&A: EXL's Iulia Vernis
Diversity and inclusion is gathering pace in the insurance market, and Post editor Stephanie Denton sat down with Iulia Vernis, senior assistant vice-president for insurance for EXL, to find out how the market can do more.
Zego to target UK insurance licence after becoming Gibraltar carrier
Insurtech Zego has become a licensed insurance carrier in Gibraltar and is also expected to target a full UK licence.
UK composite insurance pricing surges 12% in Q3, says Marsh
Insurance pricing in the third quarter of 2019 surged by 11.8% year on year in the UK driven by increases in property as well as financial and professional liability lines, according to research by Marsh.
Plan Group targets top 50 with Pedal Cover Plus buy
Plan Group has bought Kingswood Insurance Brokers, the owner of Pedal Cover Plus, as it targets becoming a top 50 independent broker within five years.
Axa's Jon Walker on why it takes three to make the market work
In a hardening market, competition is tough to place property and casualty risks. Now more than ever, brokers need to work closely with insurers and customers on claims prevention and risk management, writes Jon Walker, executive MD of Commercial…
Guidewire unveils product innovation platform
Guidewire's latest platform, Advanced Product Designer, is expected to design and deliver insurance products faster, a conference heard.
Insurers brace for some sizeable losses as UK barraged by floods
UK flooding is expected to continue, as insurers and loss adjusters have warned of a "spike" in both personal and commercial lines claims as a result.
Hyperion makes senior finance appointments
Hyperion has appointed a group chief finance officer and group finance director.
Analysis: Reservoir dams - a water-tight insurance risk?
With almost 3000 dams supplying drinking water to towns and cities they are a common feature in the UK countryside. However, when heavy rain in August threatened the integrity of the emergency spillway at Toddbrook Reservoir an emergency evacuation of…
Ageas' Andy Watson cautions motor premium levels are ‘unsustainable’
Ageas UK CEO Andy Watson has cautioned that amid the Ogden rate change and inflationary pressures, current motor rates are “surprisingly low and unsustainable”.