United Kingdom (UK)
Government issues warning over use of AI in insurance pricing
The rise of artificial intelligence and big data could create a new class of ‘uninsurables’ in society, a government task force has warned.
Insurers respond following Thomas Cook collapse
Insurers have responded following the failure of Thomas Cook in the early hours of this morning, which has prompted the largest peacetime repatriation in British history.
Analysis: How well have insurers and brokers adapted to providing access to insurance for people with disabilities?
With the introduction of the Equality Act, it became illegal for insurers to price disabled customers’ premiums on any factors that do not directly impact on the risk
Thingco and Freedom Services Group enter JV
Thingco has entered a joint venture with Freedom Services Group, to form Pukka Tech.
This week: A diamond in the grind
In just over a fortnight I will be leaving the world of insurance, after 42 months in the job and almost twelve hundred bylines under my belt. Here’s what I’ve learned.
Insurers confirm ‘ongoing commitment’ to work with inquiry on child abuse claims
Insurers have welcomed the “thoroughness” of a report published by the Independent Inquiry into Child Sexual Abuse and have committed to working with it on its recommendations.
Q&A: Zurich’s David Nichols on child abuse inquiry recommendations
The Independent Inquiry into Child Sexual Abuse yesterday released its report on its Accountability and Reparations investigation, in which it lay down a number of recommendations it believes insurers need to follow to fix the system. David Nichols,…
Blog: Urban mobility - the differentiation battle zone
The current credit hire regime has no place for choice other than a hire car for the duration of repair, even though that might not meet the needs of the claimant. James Roberts, business development director for insurance at Europcar Mobility Group UK,…
Child abuse inquiry slams ‘hostile, baffling, frustrating and futile’ claims process as it pushes for insurer action
Setting up a register of public liability policies, revising damages and ensuring there is a claims code of practice are among a number of recommendations the Independent Inquiry into Child Sexual Abuse has made in a report published today.
Ecclesiastical UKGI MD John Blundell to retire
Ecclesiastical UK general insurance managing director John Blundell will retire from the role next year.
PE house swoops for Charles Taylor in £261m deal
Private equity firm Lovell Minnick Partners has made a £261m offer to buy Charles Taylor, with an aim to de-list it.
Brexit preparations slow as deadline draws near
Financial services firms have slowed down or paused their Brexit preparations, but "significant work" still remains over business transfers, EY has warned.
Blog: The diversity challenge - why inclusivity matters
Inclusiveness in insurance, especially broking, is woeful writes Richard Beaven, chief operating officer at Brightside Group. No matter how rose-tinted our spectacles are, the data on the number of women in senior positions, not to mention other groups,…
Rising Star: Will Slade, Allianz Insurance
Since completing Allianz's 8-week commercial summer internship Will Slade has progressed to distribution manager for the insurer.
Ageas and Ardonagh’s Uris extend deal with £200m contract
Ageas has signed a four year contract with Uris Group to provide cover for a number of specialist personal and commercial lines risks.
GFSC reveals incoming CEO as Samantha Barrass bows out early
Samantha Barrass had been set to serve her terms as Gibraltar Financial Services Commission CEO until August 2020, but the regulator’s incoming CEO will now take over at the start of next month.
Inshur appoints former Uber boss
Inshur has appointed Simon Logan, former RSA and Uber legal boss, as VP of commercial and legal.
Interview: Steven Wallace, McLarens
Newly appointed managing director for UK & Ireland Steven Wallace discusses expansion plans, consolidation within the market and Brexit
Sex discrimination a 'significant' insurance issue as claims and payouts increase
#MeToo is becoming a “significant” industry issue as harassment and discrimination claims rise, while in some countries the surge means claims are moving outside of traditional employment practices liability insurance, lawyers have warned.
Claims Consortium completes acquisition of Stream
Claims Consortium Group has completed its acquisition of Stream Claims Services.
Ed hires Simon Stovell as divisional director
Simon Stovell has joined Ed as divisional director for its risk solutions team.
Startupbootcamp's Sabine VanderLinden on inclusion in insurance
In June, I discussed the topic of ‘inclusion in insurance’ at The Women in Insurance Global Conference in New York, writes Startupbootcamp CEO Sabine VanderLinden. The topic is now taking centre stage in our industry as alongside their credit score,…
Blog: Lloyd's Delegated Authority Management Survey – how is the sector performing?
Mazars recently published its sixth Lloyd's Delegated Authority Management Survey designed to monitor development and changes in the specialised area of the Lloyd’s insurance market. Michael Campbell, director of delegated authority reviews at Mazars,…
Lamp liquidator disclaims further policies
Lamp Insurance’s liquidator has disclaimed health and guaranteed asset protection policies supplied through two brokers.