United Kingdom (UK)
This week: Bagging a bargain
As the January sales draw to an end consumers aren't the only ones with deals on their minds.
Christopher Woolard named interim FCA CEO
HM Treasury has appointed Christopher Woolard as interim CEO of the Financial Conduct Authority, effective mid-March when Andrew Bailey departs.
Allianz appoints chief compliance officer
Allianz has named Margo Young as chief compliance officer.
Henderson to rebrand as Aon this April
Aon expects to rebrand Henderson Insurance Broking Group under its global brand on 1 April, Post can reveal.
Gibraltar regulator undergoes restructure
The Gibraltar Financial Services Commission has completed a "comprehensive" organisational restructure.
My other life: Michael Whitfield, Lifetime caretaker
Outside of his role as managing director at CPP Group, Micheal Whitfield looks after an old farm in Staffordshire Moorlands. Along with his wife, he participates in a 'higher level' Countryside Stewardship Agreement, which involves adhering to a…
Insurers still ‘lag behind’ other financial firms in digital transformation
Insurers are still “lagging” behind other financial organisations when it comes to digital transformation, a conference heard.
Liberty's Matthew Moore to succeed Andrew Horton as LMG chair
Liberty Specialty Markets CEO Matthew Moore has been named as the next chair of the London Market Group.
Aon names Helene Madell UK chief broking officer
Aon has appointed Helene Madell as chief broking officer for commercial risk solutions, health solutions and affinity in the UK.
MIB opens whiplash portal registration
The Motor Insurers' Bureau has opened registration for the incoming whiplash portal ahead of its April launch.
CFC strikes second deal with Threatinformer buy
CFC has bought London-based insurtech Threatinformer for an undisclosed sum.
PE house completes £285m Charles Taylor buy
US private equity firm Lovell Minnick Partners has completed its deal to buy Charles Taylor.
Blog: How cyber security ‘scoring’ could be the solution to drawbacks in cyber security risk modelling
Cybercrime is becoming an increasingly sophisticated and widespread issue. As we enter a new decade, it’s clear that few individuals, organisations and governments will be exempt from danger writes Andrew Martin, CEO at DynaRisk.
Biba launches 2020 Manifesto: Access
The British Insurance Brokers’ Association called for more proportionate regulation as it launched its 2020 Manifesto: Access.
Sir Adrian Montague set to step down as Aviva chairman
Aviva chairman Sir Adrian Montague will retire later this year once a successor has been appointed.
Alleged FCA data for sale on online forum
The Financial Conduct Authority has issued a warning after what appears to be data held by the regulator appeared for sale on a website.
Experts tackle ethics of AI in insurance
Big data is not a game played by different rules, delegates at an insurance artificial intelligence ethics conference were today reminded.
'Completely new ways of thinking' needed to address $1.2tn protection gap
Insurers need to make further efforts to focus on the customer and build trust if they are going to address the $1.2tn (£920bn) global protection gap, a conference heard.
Ex-Aviva director Russell's insurtech Brisk plots funding round
'Fit Bit for business' insurtech Brisk is looking for investors to join a second round of funding ahead of series A round at the end of the year.
QBE's Cécile Fresneau on how insurers can help their customers become more resilient
If recent trends continue, 2020 is likely to be another unpredictable year for businesses, reinforcing the need to build business resilience and develop more dynamic and insightful risk management writes Cécile Fresneau, executive director for UK…
Davies Group acquires Keoghs
Exclusive: Davies Group has acquired law firm Keoghs.
Admiral’s online portal drives 'dramatic decrease' in contact centre use
Customers are logging into Admiral's online portal on a regular basis, leading to cost savings and a drop in contact centre use, a conference heard.
Institute and Faculty of Actuaries appeals £38,000 ‘direct discrimination’ payout
The Institute and Faculty of Actuaries is appealing against an employment tribunal ruling that ordered it to payout nearly £38,000 to a Zurich employee, Post has learned.
Car insurance premiums jump 5% in 2019: Confused and WTW
Comprehensive car insurance premiums in the UK increased by 4% in the final quarter of 2019, taking the annual uplift to 5%, according to the latest Confused Car Insurance Price Index in association with Willis Towers Watson.