United Kingdom (UK)
Interview: Airmic - incoming Board members
In March, Airmic appointed four new board members. Post spoke to them about what they hope to achieve and their assessments of where the risk management profession stands with regard to talent acquisition and diversity
GRP-backed County shoots for £100m premium with planned aquisitions
County Group has acquired Shropshire broker Meadons, a deal that will see the GRP North West hub push closer to the £100m premium mark.
Montagu steps down as chair of FOS
Sir Nicholas Montagu will be stepping down as chair of the Financial Ombudsman Service after seven years.
Risk spend should increase on intangibles: Airmic
Risk managers need to overcome their blind spot toward intangible assets like reputation and intellectual property, a conference heard.
Geopolitical risks are a growing concern for boards: Airmic
Six out of ten risk managers believe that geopolitical tensions will become harder to manage for businesses in the next three years.
Insurers issue motor claims inflation warning over new technology
Exclusive: The complexity of repairing semi-autonomous vehicles has seen claims inflation rise significantly in the past year, insurers have warned.
Leadership shakeup at Aviva continues as CFO departs
Tom Stoddard has stepped down from his role as group chief financial officer at Aviva, continuing a shakeup at the senior levels of the company.
Editor's comment: Game of Insurance
Whether it was an epic ending or a major disappointment, some of us currently have a Game of Thrones-shaped hole in our lives… and I was just imagining what it would be like if the show was remade in the world of insurance.
Analysis: Managing ‘unthinkable risks’
The insurance industry has become progressively familiar with the idea of ‘unthinkable risks’ in recent years as unpredicted and unprecedented losses, caused by both natural catastrophes and man-made events, have continued to happen
Interview: Paul Greensmith, Axa XL
Having been through one merger already Axa XL’s UK CEO Paul Greensmith, took the most recent change in his stride. But he explains to Jen Frost that, even though his part of the business is now part of the behemoth Axa, it will retain its agility,…
FSCS will assist policyholders following Lamp collapse
The Financial Services Compensation Scheme will protect customers of Lamp Insurance following the unrated insurer’s demise.
PIB to increase GWP to £900m with Cobra acquisition
PIB will see its gross written premium grow from £550m to £900m with the acquisition of Cobra.
Scottish broker Blackford buys TL Dallas client portfolio
Scottish broker Blackford has acquired the client portfolio and a full commercial broker team from independent insurance broker TL Dallas, to launch its offering in Edinburgh.
Home & Legacy appoints operations manager
Allianz subsidiary Home & Legacy has appointed Gemma Nunn as operations manager.
Government launches review into 'fairness' of IPT
HM Revenue & Customs has published a call for evidence on the operation of Insurance Premium Tax to ensure it continues to operate “fairly and efficiently”.
Anglia Ruskin’s insurer ‘acted negligently’ in settling false advertising claim
Anglia Ruskin University has slammed its insurer over a payout to a former student.
Harris Balcombe appoints former Crawford boss
Harris Balcombe has appointed former Crawford head of fraud, Neil Daniel, to lead its newly launched fraud division.
Interview: Airmic board members
In March, Airmic appointed four new board members. Post spoke to them about how risk management has changed during their time in the profession, what they need insurers to deliver and emerging risks
Analysis: Grenfell – Putting rehabilitation outside litigation
Almost two years on from the horrific fire at Grenfell Tower, with the inquiry ongoing, are survivors getting the help they need?
Post reporter Jen Frost named UK's top young finance journalist
Post senior reporter Jen Frost has been named as the UK’s top finance journalist under the age of 30.
Tasker completes second acquisition of the year
Tasker Insurance Group has completed second acquisition of the year with the purchase of Hobbs Associates.
CBL creditors owed in excess of £90m
Creditors of CBL Corporation, the parent company of CBL Insurance, are expected to be owed in excess of £90m.
Analysis: Balancing risk and reward at board level
Risk managers believe that risk reporting and mitigation should no longer be an isolated item on the board agenda but how can they get the executive buy-in to this?
Airmic Conference 2019 Q&A: Manan Sagar, Fujitsu
Ahead of the Association of Insurance and Risk Managers conference, Jonathan Swift caught up with Fujitsu chief technology officer Manan Sagar to talk about the future of risk management and the role of technology in that evolution.