United Kingdom (UK)
L&G announces two deals as it looks to ramp up GI premium
Legal & General is now the majority capacity provider for a £550m five year binder with Pen Underwriting, as the general insurance business aims to grow its premium by double digits in the coming year.
Boyd Insurance snaps up Scottish broker
Boyd & Company has acquired independent insurance broker, Insureness.
This week in Post: Dual pricing and declaring bankruptcy
If only online retailers worked in the same way as price comparison sites and insurers.
Airmic’s John Ludlow on why diversity and equality have become a business imperative
John Ludlow, CEO of the Association of Insurance and Risk Managers, on lessons learnt the hard way and why diversity makes good commercial sense.
London cab drivers rush to renew cover following Alpha collapse
Exclusive: London Black Cab drivers queued outside the offices of their insurance broker for a second day running, as drivers were left scrambling for alternative cover following the collapse of Alpha Insurance.
Transactor founder takes CEO job at I-Wonder
Former Transactor boss Ray Vincent has taken on the job of CEO of I-Wonder.
Career development: Zurich increases volunteering leave for employees
Zurich is increasing the number of days employees can volunteer from one to three in a year.
Gallagher eyes up multiple acquisition targets in H2
Gallagher is poised to return to acquisition with the broker expecting multiple broker purchases before the end of the year.
Lloyd’s severs links with NRA following inquiry
Lloyd’s has instructed underwriters to no longer do business with the National Rifle Association of America, following fines on Chubb and Lockton.
Gallagher returns to acquisitions with Risk Services deal
Gallagher has acquired regional commercial insurance broker Risk Services, its first UK broking acquisition in almost four years.
Government's draft whiplash regulation divides industry
LLegislators have revealed proposals for an updated whiplash definition and damages tariff, prompting fresh debate across the industry.
UK policyholders in limbo following Alpha insolvency
Exclusive: UK policyholders for Alpha Insurance have been left in limbo following the company being declared bankrupt.
Analysis: Travel insurance in a digital world
For so long seen a laggard in terms of embracing the potential of digital, travel insurance is changing. Rachel Gordon reflects on some of the latest developments that might halt to the downward trajectory in premiums that has been a reality since 2014.
Interview: Faizal Karbani, CEO, Insure Halal
Halal Insure has recently launched sharia-compliant household insurance covers. Its CEO Faizal Karbani speaks to David Worsfold about his hopes for takaful insurance in the UK.
Industry agrees to tackle dual pricing with sweeping guidelines
Industry bodies for brokers and insurers have agreed guidelines to halt the controversial practice of dual pricing.
Arista boss takes role at Axa commercial
Axa commercial has named former Arista managing director, Nick Watson, as director of commercial distribution and trading.
Lloyds Bank insurance boss Bill Cooper leaves role
The head of insurance at Lloyds Bank, Bill Cooper, has left the business.
Blog: Vicarious liability's elastic boundaries continue to be stretched
Vicarious liability's elastic boundaries continue to be stretched, explains David Williams, insurance partner at DAC Beachcroft.
Willis Towers Watson Networks' Sara Fardon on protecting the value of brokers' local expertise
Independent brokers face ever-evolving challenges, which networks can help them take up, argues Sara Fardon, managing director of Willis Towers Watson Networks.
Blog: Why brokers remain relevant
Ahead of the Biba conference, Adrian Ewington, underwriting and markets director at Home & Legacy, explains why brokers remain relevant, especially in the high-net-worth market.
Analysis: Tracking rail risks
Railways are travelling through a changing landscape of severe weather risks and terror perils, but perhaps none so arresting as the cyber threats raised by their new reliance on digital connectivity
This Month in Post: shame, sunshine and an opportunity for change
Insurers have published their gender pay gap statistics. It was never going to go well and the industry's shameful figures further highlight that change is needed. With a bank holiday weekend approaching, perhaps it would be prudent to use that extra day…
Allianz to stop insuring coal power plants and mines
Allianz will stop insuring single coal-fired power plants and coal mines and divest from companies planning to build more than 500 MW of new coal power capacity.
Penny Black's Social World - May 2018
Dolls house and dinner, endurance and experience