United Kingdom (UK)
Direct Line offers Tesla owners a discount for using autopilot
Direct Line is offering Tesla owners a 5% discount on their premiums for using the ‘autopilot’ feature.
Justice Committee launches whiplash inquiry
The Justice Committee has launched an inquiry into the government’s proposals for raising the small claims limit for personal injury.
Davies Group boosts tech investment with innovation lab launch
Davies Group has launched an innovation lab to boost investment in technology and digital transformation.
Saga makes 90 redundancies across business
Saga has made 90 employees redundant across the business.
FCA fines Bluefin £4m for misleading customers
The Financial Conduct Authority has fined Bluefin over £4m for failing to provide information to its customers about Bluefin’s independence in a way that was clear, fair and not misleading.
LV reveals GI executive team as part of Allianz partnership
LV as revealed the executive team that will lead the general insurance business as part of its strategic partnership with Allianz.
RSA tie up with Nationwide to add £180m of premium
RSA has launched a partnership with Nationwide Building Society that is expected to add over a million home customers to the insurer’s books.
Insurance firms listed in FCA sandbox
The Financial Conduct Authority has announced 18 firms will join its third regulatory sandbox cohort, including three working in the insurance sector.
Sabre's value climbs on stock market debut
Sabre Insurance’s valuation rose 9% to roughly £630m in the first hour of its London Stock Exchange debut this morning.
Editor's comment: The tech revolution
While the Odgen discount rate changes hit the headlines, and terrorist attacks, the Grenfell Tower fire and the hurricanes in the US dominated the year, 2017 will definitely be remembered in the global insurance industry for its technological…
Former Lloyd’s management director Tom Bolt joins AIG
AIG has named former Lloyd’s performance management director Tom Bolt as chief underwriting officer, general insurance.
Hiscox Re names underwriting director
Hiscox has named Megan McConnell as director of underwriting for Hiscox Re in London.
Marsh set to resume control over support services from Capita
Marsh is set to resume control over its Norwich-based client support services following the conclusion of its 10 year partnership with Capital Re.
Hyperion investment will allow group to operate independently, says CEO
CDPQ’s $400m investment in Hyperion will allow the group to continue to operate independently, CEO David Howden said.
Hiscox launches virtual cyber unit, names management team
Hiscox has brought together its cyber expertise to form a ‘virtual business unit’.
Zurich restructures broker distribution
Zurich has named Graham Boffey as head of UK distribution in a string of management changes within broker distribution at Swiss insurer.
London market issue guide on GDPR
Trade bodies from across the London market have published guidance to help members navigate the impending implementation of the General Data Protection Regulation.
Marsh appoints Mark Costin as head as head of UK aviation practice
Marsh has appointed Mark Costin as head of its UK aviation practice, effective immediately.
Blog: When Christmas parties go wrong: avoiding liability claims
Christmas parties can result in claims against employers. Alistair Kinley, director of policy and government affairs at BLM, examines a recent case.
Roundtable: Advanced underwriting in the digital age
Getting the most out of unstructured data can be complex. A recent roundtable discussed the resources available for underwriters to approach and tackle the problem
Analysis: Behind the scenes of a year-long Blockchain pilot
Blockchain has become a buzzword in the industry but few know what it means, even less so its implications for insurance.
Innovation in Insurance 2017: 'Most start-ups lack insurance know-how'
Insurtech start-ups need to consider having an advisory board of insurance experts, or risk failing due to a lack of knowledge and expertise, a conference heard.
Just one in 10 UK small businesses have cyber cover
Just one in ten UK small businesses have cyber insurance, according to a survey.
Innovation in Insurance 2017: Allianz UK plans to become 'digital by default'
Allianz will look to introduce further use of portals and big data over the next year in order to become more digitally driven, a conference heard.