United Kingdom (UK)
Child sexual abuse claims on the rise
Exclusive: Insurers are identifying a rising trend in child sexual abuse claims.
Analysis: Insuring unoccupied property
The issue of unoccupied property is a political hot potato in a climate of Brexit and increased online retail. How are insurers tackling this high risk area?
MIB places jobs under review amid wider restructure
Exclusive: The Motor Insurers' Bureau has placed a number of jobs under review amid a wide-ranging restructure of the organisation.
This week: What does the fox say?
Brightside’s new managing general agent Kitsune takes its name from the Japanese word for fox. The animal is much admired in Japanese folklore for its intelligence and supernatural abilities – characteristics all the insurance companies that announced…
Hastings replaces CFO Hoskins with Amlin boss
Hastings has appointed former MS Amlin chief financial officer John Worth as its CFO, replacing Richard Hoskins.
Nigel Minett to retire from McLarens Aviation
Trehane Oliver will succeed Nigel Minett as managing director of McLarens Aviation.
Hiscox stages 'cyber attack' on bike shop
Hiscox recently joined forces with Brompton Bicycle to stage a brick-and-mortar simulation of common hacking practices such as phishing and ransomware to demonstrate the risk of cyber attacks to small businesses.
Hyperion to take measured approach to acquisitive growth
Hyperion will look to build on its retail business this year, but CEO David Howden said the firm will never chase premium through acquisitions.
Brightside MGA Kitsune targets £37m GWP in first 18 months
Exclusive: Brightside's newly-launched managing general agent, Kitsune Associates, is aiming to reach in £20 to 25m in gross written premium in its first year of trading, with plans to potentially reach £37m within 18 months.
Pet insurance start up Waggel targets ‘thousands’ of customers by the end of the year
Insurtech pet insurance provider Waggel, which launched a month ago, hopes to pick up thousands of customers by the end of the year.
Irish broker Arachas mulls post-Brexit UK broker partnerships
Irish broker Arachas is considering reaching out to UK partners to overcome potential passporting barriers in a post-Brexit world.
Gallagher UK to focus on integration of Stackhouse Poland this year
Gallagher UK will be "thoughtful" about the pace at which it buys other businesses this year, as it focuses on the integration of Stackhouse Poland into the wider group.
Interview: James Heath, Forum of Insurance Lawyers
Late last year, James Heath was appointed the 23rd president of the Forum of Insurance Lawyers, succeeding Stephen Hines. He speaks to Post about the legal issues facing the industry.
Deal with Richard King’s Ticker sees Hood Group enter telematics
Hood Group and Richard King-led Ticker have entered into a three year contract, which will see service provider Hood Group venture into telematics for the first time.
Zego in debt deal with venture capitalist Triplepoint
Exclusive: Pay as you go insurtech Zego has inked a deal with venture capitalist Triplepoint that will see it take on debt to fund further expansion.
Analysis: Will BA data breach open floodgates for future data group actions?
The British Airways data breach is the first major case since the General Data Protection Regulation became law. With the firm facing group legal action and the Information Commissioner’s Office testing its teeth for the first time, what might this mean…
Pool Re to hand back terrorism contingency cover to commercial market
State-backed terrorism insurer Pool Re will no longer offer contingency cover, as the commercial market believes it has the capacity to take back control.
Granite Underwriting gets private equity backing for growth plans
Inflexion Private Equity has made a minority investment in speciality motor insurer, Granite Underwriting.
Kingsbridge acquires gig economy insurtech Dinghy
Kingsbridge Group has acquired of insurtech company Dinghy, which provides on-demand professional indemnity cover to freelancers and ‘gig’ economy workers.
42% of insurers and brokers have made or are considering Brexit moves
Nearly half of insurance brokers and insurers are considering moving or have confirmed that they are moving some of their operations and staff as a result of Brexit.
Gallagher to buy Stackhouse Poland
Gallagher will buy acquisitive regional broker Stackhouse Poland.
Month in Post: Do insurers dream of Brexit?
We may not have flying cars, humanoid robots and exaggerated shoulder pads, but there is every reason to believe that the 2019 predicted by 80s film Blade Runner, looks very slightly dystopian.
Ciaran Astin to exit Hastings amid leadership restructure
Exclusive: Hastings Direct retail commercial director Ciaran Astin will be leaving the business, as it re-juggles its senior leadership team structure.
Penny Black's Social World: January 2019
CSR, charity week and clearing gardens