United Kingdom (UK)
Environment Secretary opens review into insurance cover after recent Yorkshire floods
The government is set to investigate the extent to which those affected by the recent flooding in Yorkshire did not have sufficient insurance cover.
Analysis: Revisiting 'Flood Re Plus' for businesses
The idea of a Flood Re Plus scheme has been mooted by Airmic as a solution for those businesses that struggled to obtain flood cover
Blog: Adas data shortage for insurance is about to get sorted
Advanced safety features not only differ in performance and description among different manufacturers, but even among models by the same car manufacturer. Andrew Ballard, senior global product manager at Lexis Nexis Risk Solutions, believes deep data…
Diversity and Inclusion in Insurance Award winner: Co-op Insurance
Following last month's Diversity and Inclusion in Insurance Awards we caught up with all the winners. Today we speak to strategic human resources business partner and Inspire working group chair Lisa Hooley, about Co-op Insurance winning the Diversity…
PRA ups Lloyd’s scrutiny after whistleblower system failure
The Prudential Regulation Authority has rolled out special requirements for Lloyd’s after it emerged that the only anonymous whistleblowing channel for the corporation’s staff did not work for over a year.
Diversity and Inclusion in Insurance Award winner: Zurich's Maxine Goddard
Following last month's Diversity and Inclusion in Insurance Awards we caught up with all the winners. Today we feature the Race Equality Award winner, the head of sales operations and planning at Zurich Insurance, Maxine Goddard.
Blog: From disruption to collaboration - why insurtechs need to change the narrative in 2020
The coming year is set to be something of a watershed for insurtech. Craig Foster, CEO at Leakbot, believes far from disrupting the insurance sector, insurtech is beginning to define it and providers now have a crucial role.
Diversity and Inclusion in Insurance Award winner: RSA's Lindsey Morgan
Following last month's Diversity and Inclusion in Insurance Awards we caught up with all the winners. Today we feature The Mental Health Champion Lindsey Morgan, customer services contact centre leader, RSA.
Diversity and Inclusion in Insurance Award winner; Claims Consortium Group's Debbie Mawer
Following last month's Diversity and Inclusion in Insurance Awards we caught up with all the winners. Today we feature The Mental Health Champion Debbie Mawer, director of people and culture at Claims Consortium Group
Diversity and Inclusion in Insurance Award winner: Cura's Kathryn Knowles
Following last month's Diversity and Inclusion in Insurance Awards we caught up with all the winners. Today we feature the Intersectionality Champion, Cura managing director Kathryn Knowles
Compliance experts and trade bodies praise outgoing FCA boss Andrew Bailey
The market has hailed Andrew Bailey as having run a steady ship at the Financial Conduct Authority and congratulated him as he heads to the Bank of England to replace Mark Carney.
Blog: Will the FCA ban automatic price rises in 2020?
The regulator has noted concern that competition isn’t working well for all consumers in the house and motor markets but Tony Tarquini, director of insurance for Europe, the Middle East and Africa at Pegasystems, believes a ban on automatic price rises…
Diversity and Inclusion in Insurance Award winner: Zurich's Marianne Skinner
Following last month's Diversity and Inclusion in Insurance Awards we caught up with all the winners. Today we feature the LGBT plus Champion and overall D&I Champion, Marianne Skinner, London Market underwriter at Zurich Insurance and chair of Zurich…
Diversity and Inclusion in Insurance Award winner: Axa's Amanda Ferguson
Following last month's Diversity and Inclusion in Insurance Awards we caught up with all the winners. Today we feature The Gender Equality Champion Amanda Ferguson, the senior procurement manager & chair of Axa’s Gender Equality Employee Resource Group.
Tradewise Insurance Company seeking sale in run-off period
Gibraltar-based unrated motor insurer Tradewise Insurance Company pursued a sale ahead of going into run-off and continues to explore its options, executive chairman Marcus Killick confirmed to Post.
Culmer appointed Aviva senior independent director
George Culmer is set to become senior independent non-executive director at Aviva when incumbent Glyn Barker retires from the insurer’s board at the end of the year.
FCA CEO Andrew Bailey named next Bank of England governor
Andrew Bailey, CEO of the Financial Conduct Authority, will take over from Mark Carney as governor of the Bank of England in March.
Ardonagh explains carrier cull and alternative capital plans in APS roll out
Ardonagh has cut its carrier relationships from 940 to 700 in the past six months with an eventual target of below 200, Paul Dilley, CEO of Geo Underwriting told Post.
Roundtable: Control your innovation destiny
Few disagree that the industry needs to innovate, but blue sky thinking is quickly clouded by conundrums around outsourcing, unwieldy legacy systems and the short-term need to turn a profit
Tradewise secures £55m of motor trade capacity from Berkshire Hathaway
UK managing general agent Tradewise Insurance Services has sourced £55m of capacity from Berkshire Hathaway via Faraday in London to continue writing motor trade business, as Tradewise Insurance Company goes into run-off.
Tradewise Insurance Company goes into run-off
Gibraltar-based motor insurer Tradewise Insurance Company is going into run-off and will stop writing business after 31 December.
Government pledges to deliver long-term market access for UK and Gibraltar firms
The government will take steps to ensure long-term market access for UK and Gibraltar financial services firms, according to a Queen’s Speech briefing document.
Government to plough on with Thomas Cook Compensation Bill
The government has outlined plans for a capped compensation scheme for Thomas Cook customers suffering “the most serious hardship” from injuries or illness.
MS Amlin puts four lines into run-off
MS Amlin will stop writing corporate property, real estate, casualty and package binders through its UK property and casualty business on 31 January 2020, the insurer has confirmed.