United Kingdom (UK)
Thingco partnerships director bows out
Exclusive: Thingco partnerships director Richard Trebble has left the business.
TMKI ops head takes middle market role at Chubb
Chubb has appointed Jonathan Poole as head of middle market for UK and Ireland, effective from 6 January 2020.
Analysis: 'Dangerous excesses' - Rogue firms drive increase in six-figure credit hire claims
"Outlier" credit hire companies have left insurers increasingly dealing with claims in excess of £100,000, lawyers have cautioned.
Civil Liability Act flaw leaves children 'stranded in a civil justice no man’s land'
Exclusive: A majority of children injured in road traffic accidents could lose access to compensation due to a flaw in the Civil Liability Act, a consumer support body has warned.
Telematics Watch: Addressing misconceptions
From scepticism about data to dissatisfaction about driver behaviour scores, Igo4 CEO Matt Munro addresses some of the common misconceptions about telematics, and suggests marketing and communications are key to avoiding complaints.
AIG to launch Lloyd’s HNW syndicate
AIG intends to launch a Lloyd’s syndicate that will focus on the high-net-worth market in the US.
Ex-Towergate area director becomes Sagars MD
Angela Page has been appointed managing director of GRP-owned Sagar Insurances.
Blog: Diversity and inclusion are essential to success in insurance
As data and technology become increasingly important to insurance, Mohit Manchanda, head of consulting for UK and Europe at EXL, believes ensuring the diversity of the teams owning the data, building and maintaining the algorithms, and providing audits…
Analyst names insurers likely to face most disruption from pricing practices review
Disruption caused by any regulatory interventions on insurers’ pricing practices is more likely to affect insurers such as Direct Line Group, RSA and Saga than price comparison site-based underwriters such as Admiral and Hastings, Peel Hunt has predicted.
Blog: Your dick is not in my job description – on reflection
A year ago today Post published a blog I wrote called ‘Your dick is not in my job description’, which was about sexism and sexual harassment in the industry based on my own experiences.
CFC's Dave Walsh on creating a culture for innovation
AM Best has confirmed it is launching a new innovation score for carriers, because innovation is seen to be "just as critical to insurers’ success as the strength of their balance sheet" and, according to Dave Walsh, CEO of CFC Underwriting, it seems…
Markel reshuffles global strategy management team
Markel International national markets director Simon Wilson has been appointed as managing executive of global strategy for insurance operations at the insurer’s US-based parent, the Markel Corporation.
BP Marsh takes stake in Lloyd’s marine broker
Private equity house BP Marsh has taken a stake in Lloyd’s marine broker Lilley Plummer Risks.
Charles Berry succeeds Nicolas Aubert as IIL president
Charles Berry, chair of BPL Global, has succeeded Willis Towers Watson CEO Nicolas Aubert as president of the Insurance Institute of London.
Watchstone and Slater & Gordon agree settlement over £600m lawsuit
Watchstone and Slater & Gordon have reached a settlement over the historic sale of Watchstone’s professional services division.
Lloyd’s supports Habitat for Humanity to aid cyclone hit Malawi
Lloyd’s Charities Trust has joined forces with Habitat for Humanity Great Britain as part of its ongoing response to emerging risks to communities around the world.
Michael Sicsic becomes adviser to insurtech Spixii
Michael Sicsic, former head of supervision for general insurance protection at the Financial Conduct Authority, has joined start-up Spixii as an adviser to its directors.
Analysis: E-vehicles - A missed opportunity?
As people are increasingly switching to electric vehicles, are insurers taking the opportunity to explore this market?
Fraudster found guilty of explosion insurance scam that injured 81 people
Insurance fraudster Pascal Blasio has been found guilty of causing an explosion at his shop that injured 81 people and damaged or destroyed 63 buildings.
Markerstudy on the hunt for investment with £241.7m repayment deadlines looming
Markerstudy is seeking investors in order to fund £241.7m worth of loan repayments to Qatar Re.
This week: Big moves, whiplash and loyalty
After vacating our Haymarket office last week, the entire Post team finally feels settled in our new home in the City – the heart of the insurance industry.
No certainty for insurance industry as UK and EU reach Brexit withdrawal agreement
The withdrawal deal between the UK and EU does not provide certainty for the insurance industry, the British Insurance Brokers’ Association has warned.
Watchstone agrees settlement with former boss Terry
Watchstone has agreed a confidential “full and final” settlement with its former CEO and chairman Rob Terry and others, ending High Court proceedings.
Blog: The inclusion risk factor
A number of major disasters are all said to have involved flawed decisions, driven by individual perceptions, according to Angela Peacock, CEO of diversity and inclusion training specialists PDT Global.