United Kingdom (UK)
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.
Lawyers predict influx of child sexual exploitation cases following Supreme Court ruling
Exclusive: There will likely be an uptick in child sexual exploitation cases following a Supreme Court judgment, lawyers have warned.
Zego enters France and Belgium following $42m raise
Zego has struck up a deal with e-scooter start-up Dott, which will see it enter the French and Belgian markets for the first time.
CRL deadline to transfer Alpha policies pushed back again as talks continue
CRL is making “good progress” in talks to move its Alpha policyholders over to another insurer and has seen its deadline pushed back.
Penny Black's Social World: July 2019
Festival of Football, charity communities and clean air commitments
Analysis: Is the IPT review another disappointment?
The government has promised to review the application of the Insurance Premium Tax. But does the planned review go far enough?
Former Aviva boss joins MS Amlin as COO
MS Amlin has appointed Rob Houghton as chief operating officer, replacing Simon Smith.
Editor's comment: Fair and quick
As many of you know I’m a motorhome owner and as a family we enjoy camping.
Interview: Dominic Clayden, Motor Insurers’ Bureau
The newly appointed CEO of the Motor Insurers’ Bureau discusses modernisation, Brexit, whiplash portals, and Lewis v Tindale with Martin Croucher
Trade body raises concerns over whiplash portal
Credit hire firms have raised concerns over the latest developments of the forthcoming whiplash portal.
Lloyd's response to culture concerns 'not enough' says Neal
Lloyd's CEO John Neal has addressed concerns about the workplace culture at Lloyd’s, saying “whatever we’ve done so far, it’s not enough”.
Chubb withdraws from coal underwriting over climate change fears
Chubb will phase out its coal insurance policies within the next three years, amid climate fears.
Blog: How you can make a difference by supporting Alzheimer's Society at the 2019 BIAs
Every three seconds across the world, someone develops dementia. With this in mind Benedict Burke, chief client officer, global client development, Crawford & Company, explains why you should get behind Insurance United Against Dementia at the 2019…
Blog: Insurance marketing - bridging the generational gap
There is a much subscribed to myth in marketing that anyone over the age of 35 is a second-rate citizen – or at the very least not worthy of the attention paid to that holy grail consumer, the millennial. Robin Trust, CEO at the Kite Factory, explains…
AA share price tumbles after investor reduces stake
Share prices for the AA fell this morning, following investor Woodford Investment Management significantly reducing its stake in the business.