United Kingdom (UK)
Analysis: Will Lemonade’s shrinking losses buoy insurtechs?
Lemonade's success in cutting its underwriting losses could encourage other insurtechs to become carriers, market analysts suggest.
Direct Line profit drops despite Ogden rate releases
Direct Line saw operating profit drop, despite reserve releases ahead of an anticipated Ogden rate revision.
Direct Line to target price comparison sites with Darwin launch
Direct Line will launch a business called Darwin in the next quarter focused exclusively on sales from price comparison sites.
Aston Lark's Peter Blanc on how to beat complacency
Aston Lark's group CEO Peter Blanc explains why it is essential that brokers advise clients on emerging risks that could affect their business and encourage discussions to ensure the right solutions are found
Meet the Claims Apprentices 2019
Meet the contestants in Post’s first ever Claims Apprentice, a new video series arriving this month
Roundtable: Pet insurance: the state of the market in 2019
In February, Post held a roundtable, in association with Aquarium Software, to examine the state of the UK pet insurance market, touching on issues from consumer education and pricing, to how data and technology may revolutionise the market
250 aviation staff to move from JLT to Gallagher
Gallagher will buy the global aerospace division of JLT, following the company’s acquisition by Marsh & McLennan.
Maurice Tulloch becomes Aviva CEO
Maurice Tulloch has been appointed CEO of Aviva, replacing Mark Wilson.
Opinion: SMEs: Emerging risks - Tackling the challenges facing SMEs
SMEs may be concerned about keeping a competitive advantage – but it’s the evolving workforce challenges that can have the greatest impact on their success
Opinion: SMEs: Emerging risks - Cybersecurity for smaller businesses
In 2018, household names such as British Airways, Marriott Hotels and Facebook faced the potentially devastating consequences of large-scale data breaches. However, the threat may be bigger for SME’s, as smaller businesses lack the same resources to…
Court sets date for Gallagher vs Ardonagh dispute
A court has set a date for the first hearing in the alleged staff poaching dispute between Gallagher and Ardonagh.
This week in Post: Storm, Brexit and diversity
This week, the sunshine we were blessed with last week was replaced by a more winter-appropriate grey sky and rain.
Gable CEO Dewsall withheld 'critical' information in administration of Hogarth Underwriting
Exclusive: Gable CEO William Dewsall ignored “numerous requests” from administrators of his underwriting vehicle Hogarth Underwriting.
ERS returns to profit after suffering a loss of £12.2m last year
Specialist motor insurer ERS has reported a profit of £11.1m for 2018, following a loss of £12.2m in 2017.
Claims for whiplash fall to the lowest level since 2012
Personal injury claims for whiplash have fallen to their lowest level in seven years, according to figures from the Ministry of Justice.
Go Compare expects increased dual pricing in motor
Go Compare is expecting differential pricing to grow more pronounced this year, potentially buoying the company’s flagging motor comparison business.
Trade Voice: Biba's Vannessa Young on diversity for all
Many firms have signed up to the Women in Finance Charter but as Vanessa Young, compliance and advisory boards manager at the British Insurance Brokers' Association, explains as with any strategy businesses need be sure of what they want to achieve and…
Biba plans 'Dragon's Den' hackathon
A Dragon's Den-style 'hackathon' will be held for the second year running at the British Insurance Broker's Association conference in Manchester.
RSA suffers £43m underwriting loss in second 'disappointing' year
RSA UK & International have announced a second consecutive year of UK losses, recording an unprofitable combined operating ratio of 101.4%.
Insurers warned not to use Brexit to ‘offload customers’
The regulator has issued a warning to insurance companies not to use Brexit as “an excuse to offload customers”.
Hastings profit sees steady growth
Hastings saw profit after tax of £130.6m in 2018, an increase of 3% from £126.7m in 2017.
Go Compare sees comparison revenue down as fewer customers switch
Go Compare saw revenue from its price comparison business fall by £4.8m as a result of “lower customer switching activity”.
Swinton closes Lowestoft branch
Broker Swinton has closed its Lowestoft branch, leading to six redundancies.
Telematics Watch: Telematics and safer driving – is it working?
With telematics volumes rising steadily in recent years to pass the one million policy mark, a key question for those looking to accelerate its take-up further is whether the main premise of the product – that it is making the UK’s roads safer – is being…