United Kingdom (UK)
Weald makes first acquisition since joining Ethos Broking
Weald Insurance, one of Ethos Broking’s ‘powerhouse’ hubs in the South East, has acquired Sussex-based Cronin Underwood.
City-based insurers face down disruption from Extinction Rebellion
Insurance firms could face further disruption, after Extinction Rebellion activists shut down roads around the City of London yesterday in a bid to raise awareness of climate “inaction”.
Oddfellows CEO appointed chair of Association of Financial Mutuals
The Association of Financial Mutuals has appointed Jane Nelson, CEO of the Oddfellows friendly society, as its chair.
Biba unveils theme for 2020 conference
The British Insurance Brokers' Association has selected 'A year to pioneer' as the theme of its 2020 conference and exhibition, which will be held in Manchester Central on 13 and 14 May next year.
Government to introduce improved building safety standards
Insurers have welcomed the government’s commitment to improving building safety standards.
Blog: Building resilience in an age of cyber risks
Developing resilience to cyber liability is now a significant task for businesses of every size. But according to Paul Bassett, managing director of crisis management at Gallagher, the rise of cyber and IT security risks, malware viruses and data…
Timothy Benn, who as chairman of Timothy Benn Publishing owned Post from 1985 to 1997, has passed away aged 82.
Timothy Benn, who as chairman of Timothy Benn Publishing owned Post from 1985 to 1997, has passed away aged 82.
Complex supply chains increasingly under strain: Airmic
Developments in geopolitics, climate and technology are increasingly putting supply chains under strain, the Association of Insurance and Risk Managers in Commerce has warned.
PIB’s Q Underwriting forms MGU
Q Underwriting, PIB’s underwriting division, has created a managing general underwriter and hired UK General’s former chief commercial officer as it makes management changes.
Clone firm’s website remains live despite FCA warning
The Financial Conduct Authority has issued a warning about scammers using an authorised firm’s name to trick consumers via a website.
Analysis: How far has the insurance industry evolved to respond to natural catastrophes?
Sedgwick loss adjusters arrived on Great Abaco Island in the wake of Hurricane Dorian aboard a Black Hawk helicopter on 6 September.
Land developers face heightened contract cancellation risk, following court judgement
Land developers face an increased risk of public contract award cancellations, following a court judgement last year that struck down a contract between a developer and West Berkshire council.
European firms have until 30 October to secure no-deal Brexit permits
European firms passporting into the UK need to notify the Financial Conduct Authority that they wish to enter the temporary permissions regime by 30 October in order to ensure they are able to continue operating in the event of no-deal Brexit, the…
Beazley appoints head of corporate development
Beazley had appointed Rachel Turk as a head of corporate development, following the retirement of Mark Goodman.
HDI Global Specialty hires former RSA commercial finance director
Simon Hunt, former RSA finance director for commercial, has joined HDI Global Specialty UK.
Q&A: Jane Harley, co-chair of GIN and manager, policyholder and third-party oversight department at Lloyd’s of London
As part of the Inclusion at Lloyd's programme six Partner Networks have been set up to help bolster diversity and inclusion in insurance. Post spoke to a representative from each one to get an insight into what they are doing, today focusing on The…
London company market premiums written in Europe on the rise
Gross premiums written in London by the company market increased 6.7% in 2018, reaching £19.56bn, according to the International Underwriting Association.
Millions unaware of post-Brexit green card requirement
UK motorists are unaware of the legal requirements to drive in the European Union if we leave Europe without a deal, warn insurers and brokers.
Gefion gets €6m capital injection at ‘crucial point in time’
Unrated Danish insurer Gefion has finally secured an additional €6m (£5.4m) capitalisation for the business following regulatory action in July.
Lloyd’s of London chairman joins insurtech Cuvva
UK-based insurtech startup Cuvva has appointed Bruce Carnegie-Brown as chairman, effective immediately.
Rising Star: Lucy Horrocks, Markel UK
Having joined Markel as an underwriting administration assistant as a law graduate in 2015, Lucy Horrocks has gone on to help get the insurer's award-winning prompt response team off the ground.
CFC's focus remains on organic growth following its first acquisition in 20 years
CFC Underwriting made its first acquisition in its 20 year history yesterday when it bought Solis Security, but the purchase will not mark a change in its acquisitive appetite, CFC chief innovation officer Graeme Newman told Post.
Insurers respond to Finsbury Park flood claims
Insurers have begun responding to claims after a burst pipe led to flooding in Finsbury Park.
Blog: Climate change - the emerging risks for agriculture
Extreme weather, heat stress and accidental fire are all issues that are likely to become more prominent for farmers as our climate changes argues Steve Smout head of agriculture at loss adjuster McLarens.