United Kingdom (UK)
Analysis: Cutting the costs and risks of employee benefits
Being able to offer attractive employee benefits is vital in terms of recruitment, retention and productivity, but they are both costly and risky
Lamp enters liquidation following court hearing
Insolvent unrated insurer Lamp has been placed into liquidation following a court hearing today.
Allianz to integrate L&G into LV
Allianz will transfer Legal & General’s general insurance business to LV once it completes its takeover at the end of the year.
This week in Post: Big fish, little fish, cardboard box?
It might be the name, but this week I’ve spotted some similarities between Gibraltarian unrated insurer-facing-liquidation Lamp Insurance and an angler fish, sparking some strange and slippery debate in the office.
Allianz buys L&G general insurance business for £242m
Allianz has agreed to buy Legal & General’s general insurance business for a base price of £242m plus potential further payments over three years.
LV GI valued at £1bn following Allianz takeover deal
Allianz has bought the remaining 30.1% stake in LV General Insurance for £365m.
MGA looks to relocate 13,500 customers following Lamp collapse
Exclusive: Now 4 Cover is looking to relocate policies of 13,500 of its customers, following Lamp’s descent into insolvency.
Home insurance premiums drop despite higher claims
Average home insurance premiums have dropped 1.2% in the past year to £134, despite a rise in subsidence claims, according to the latest report.
Inshur partners with Uber for driver policies
Inshur, mobile-first provider of commercial motor insurance for private hire drivers, has partnered with Uber to reward drivers for safe driving.
Covéa's Graeme Howard on why data offers endless opportunities
As a data-rich industry, the insurance sector can add value to the customer experience by using this information to enhance the way products and services are delivered. Graeme Howard, chief technology officer at Covéa Insurance, believes it’s essential…
Zurich appoints UK commercial lines head
Zurich has appointed Robert Kuchinski as its UK head of commercial insurance.
Motor claims rise calls into doubt impact of whiplash reform
The number of motor claims has risen by 10,000, which lawyers say is a sign there has been little impact from whiplash reforms.
Cyber Research 2019: The findings
One year after Post’s first nationwide cyber insurance survey, Michèle Bacchus revisits the policies, claims and statistics to give you the low-down on what to expect now and in the future of this fast-moving sector
Insurers issue warning as keyless motor theft soars
The number of motor theft claims paid out by insurers in Q1 of this year was the highest since 2012, leading insurers to call for action from motor manufacturers.
Law firms fear closures and redundancies from Civil Liability Act
More than a third of law firms have already shed staff in the run up to the implementation of the Civil Liability Act, and the majority believe the reforms could decimate the personal injury sector.
Roundtable: Making data fit for compliance and regulatory purpose
The use of data is widespread but where insurers are on their integration journeys can be very different. Post, in association with Marklogic, brought a panel of experts together to discuss best practice in this area including effective compliance and…
Analysis: Changing face of terrorism and terrorism covers
Terrorism has been a constant threat in the UK for more than half a century and has proved hard for security forces to keep up with, so it is hardly surprising that the insurance market too has found itself trying to repair gaps in cover as they emerge
PRA insurance boss takes role at FRC
The Prudential Regulatory Authority has appointed Anna Sweeney as interim director for insurance supervision.
This week: All change
It’s all change for the country this morning as Prime Minister Theresa May confirmed she would step down from office after failing to unite MPs on the way the UK should leave the European Union.
Blog: Strict liability for animals: a dance with dragons
As the dust settles on the final season of HBO’s Game of Thrones, Michael Collins, an associate and solicitor advocate in BTO’s insurance team, answers the question we have all being asking: when a dragon burns down a property, can the property owner…
Eldon appoints chairman and NED
Arron Banks’ broker Eldon has appointed Link chair Mark Boleat as its chairman, while Martyn Holman joins the broker as a non-executive director.
Keoghs expands into Northern Ireland
Keoghs has joined forces with Belfast-based law firm Caldwell Warner to expand its business into Northern Ireland.
Swinton left with only 20 branches after latest closures
Swinton closed 24 of its high street branches in the first quarter of the year, bringing the total number of branch cuts over the past year to 58.
Ex-Allianz and Axa pair launch 'open source' insurtech
Jon Britton, from Allianz Partners and Stephen Hartshorne, formerly at Axa, have launched an insurtech that draws upon open source data.