United Kingdom (UK)
Gefion ordered to not expand business until it injects more capital
The Danish Financial Supervisory Authority has ordered Gefion to not expand into new territories.
Jon Dye replaces ‘tough act to follow’ Amanda Blanc as ABI chair
Allianz UK CEO Jon Dye has been named chair of the Association of British Insurers.
Direct Line’s David Baker to join Axa UK as CRO
David Baker, Direct Line Group director of group compliance, is joining Axa UK & Ireland as chief risk officer.
Ageas staff facing job losses to be offered roles with Autonet owner
More than 200 Ageas staff due to lose their jobs from the closure of the company’s Stoke-on-Trent offices could get to retain their positions after Autonet’s owner Atlanta Group agreed to take over the lease.
Markerstudy acquires Smart Driver Club Insurance
Markerstudy has bought telematics broker Smart Driver Club Insurance.
D&G plots growth following investment
Domestic & General has vowed further growth following investment from a United Arab Emirate fund.
Biba board appoints Batty and High
The British Insurance Brokers’ Association has made two key board appointments, as Aon's Julie Page steps down from her deputy chair role.
Spanish private health body hits out at ‘possible systemic fraud’ in UK travel insurance
The Spanish Private Health Alliance hit out at “possible systemic fraud” committed by British insurers offering problematic medical cover within travel policies.
Saffron managing director Dave Beswick to step down
Dave Beswick, managing director of Saffron Insurance, will leave the broker at the beginning of next year.
Zurich names Amanda Blanc's successor
Alison Martin has been appointed Zurich CEO EMEA and bank distribution, following Amanda Blanc stepping down after nine months in the role.
The NED Blog: What is the function of a non-executive director?
Michael Gaughan has spent over 35 years in the insurance market in various executive and independent non-executive roles. In the first of a series of blogs from a NED point of view, he explains what the function of a NED is.
Aviva’s broker community picks up 1400 members in nine months
Aviva has so far picked up 1400 members for its broker community, which it launched last October.
US commercial drone insurtech partners with Chaucer in UK expansion
US on-demand commercial drone insurtech Skywatch AI has expanded into the UK, where its policies will be underwritten by specialty reinsurer Chaucer.
Premfina and Close Brothers to continue funding Gefion premiums after Premium Credit pulls out
Premium finance providers Premfina and Close Brothers will continue funding Gefion premiums following the unrated insurer’s tussles with the Danish regulator, as Premium Credit pulls out.
Davies completes second acquisition of the year
Davies Group has added two firms to the group with the acquisition of GBB holdings which comprises of specialist investigation business GBB and motor engineering solutions provider Banwells.
Ageas’ Lyn Nicholls on the true value of mental wellbeing
When starting out as HR director at Ageas, employees were extremely reluctant to admit they had symptoms of stress, anxiety or depression, writes Lyn Nicholls. Unfortunately, this denial resulted in what people like psychologist Professor Tanya Byron…
Flood Re and Axa propose funding flood-resilient home improvements
Payouts on household flood claims could rise above the cost of damage in order to enable claimants to make their homes more resilient to future incidents, under proposals outlined by Flood Re.
Blog: The MIB's litigant in person portal is only fit for sunny days
The Motor Insurer's Bureau might have outlined how it expects the proposed litigant in person portal to work. But Marcus Taylor, director of claims at Minster Law, argues that while this might be fine for 'sunny day' scenarios, there was much detail…
This month: Reputation, climate change and technology
This month’s issue looked at reputational issues the sector is facing and what needs to be done to improve the industry's reputation going forward.
Top 0.2% of firms to pay 61% of next year's FSCS levy
110 financial services firms will pay 61% of the Financial Service Compensation Scheme’s levy in 2019/20, according to indicative numbers published by the compensation fund.