United Kingdom (UK)
Mactavish challenge over 'flawed' cyber market fans row
A challenge to the market to prove that off the shelf cyber policies are not 'flawed' has itself drawn criticism from market.
Claims Apprentice 2019: Episode 2 - The Debate
Now that the six contestants have been split into teams and decided on their names, it is time for the apprentices to tackle their first challenge.
LV in U-turn over home business
LV plans to build on the home book it picked up from Allianz business transfer, despite losses in the segment last year.
Ex-LV boss Bunker joins AA board
Former LV boss Phil Bunker will replace Jonathan Roe on the regulated board of the AA.
Ageas signs £45m deal with broker Darwin Clayton
Ageas has extended its partnership with independent broker Darwin Clayton, signing a five-year deal worth £45m.
Liberty redomiciles its European insurance company to Luxembourg
Liberty Mutual Europe has completed its re-domicile from the UK to Luxembourg.
LV sees GI profit slip on back of claims inflation
LV has seen general insurance operating profit fall 10% in 2018 due to an "adverse claims experience".
My other life: Phil Morgan, Morgan Clark Loss Assessors - charity founder
When taking a break from his day job as chairman at Morgan Clark, Phil Morgan is using his business acumen to help good causes - launching a charity in The Gambia
Blockchain still requires ‘element of faith’ from industry
(Re)insurers and brokers should not expect blockchain investment to provide ‘instant gratification’, but should instead be looking five years’ into the future for tangible return on investment, a panel heard.
Sedgwick sees 39% fall in suspicious claims
The number of cases investigated by Sedgwick for fraud in 2018 fell by 39% compared to the year before.
Insurance fraud rises 27% finds Cifas
The number of fraudulent insurance claims have soared by 27%, fuelled by rises in household and motor fraud.
Delayed riot claims guide finally gets government green light
The Chartered Insurance Institute’s New Generation Claims Group has issued guidance for the compensation of claims in the event of riots.
Insurtech saw ‘possible’ data breach earlier this year
Exclusive: Insurtech So-sure alerted its customers to a possible data breach in January.
Blog: Subsidence - urban myth or epidemic
After the hot dry summer of 2018, there has been renewed interest and a significant amount of press coverage about subsidence, with Crawford and Sedgwick reporting increases of more than 300% in subsidence claims. Toby Daley, underwriting director at…
So-sure plots home insurance launch early next year
Exclusive: Mobile phone insurance insurtech So-sure will look to branch out into home insurance early next year and is mulling international expansion.
Insurance Institute of Ireland pulls member magazine cover after industry reaction
Exclusive: The Insurance Institute of Ireland has expressed ‘deep regret’ over a magazine cover interpreted as potentially being offensive to minorities and has immediately removed the graphic.
Hyperion to add $130m to acquisitions war chest
Hyperion is raising an additional $130m (£100m) debt to fund its acquisitions war chest.
Industry welcomes launch of discount rate review: updated
The government has launched a widely-anticipated review into the Ogden discount rate.
Marsh's Alistair Fraser on attracting millennials to insurance
While the UK insurance market is making strides in increasing diversity Alistair Fraser, CEO of Marsh’s UK Corporate business, believes it can learn from the power of cross-generational communities in Indonesia and other emerging countries in the Far…
Ageas office closures result in 430 redundancies
Ageas UK will close its Stoke-on-Trent and Portsmouth offices resulting in around 430 redundancies, following a 45-day consultation.
Insurtech Kinsu hits pause over lack of funds
Exclusive: Millennial gadget and bike insurance provider Kinsu is no longer accepting new customers, which its CEO has said is due to a lack of investment.
Aviva wins landmark appeal in fundamental dishonesty case
Aviva has won a landmark appeal case that could see fundamentally dishonest claimants denied all damages, not just those relating to personal injury.
Underinsurance among the risks for increasing number of stockpiling businesses
More than one in five employees say their employers are stockpiling as a contingency against Brexit-related disruption, with these businesses at risk of being underinsured unless they ensure their cover is brought into line with the value of their…
Marsh looks to further €1.1bn of debt to fund JLT acquisition
Marsh is raising €1.1bn (£942m) through a senior notes offering, in addition to the $5bn (£3.8bn) it has previously announced.