United Kingdom (UK)
UK insurtech attracts $1bn of investment in 2018
UK insurtechs saw over $1bn (£780m) of funding in 2018, up from $792m the previous year.
BGC president reveals high hopes and further acquisitive growth for Ed
BGC’s broking arm, which currently comprises of Ed Broking and Besso, will seek acquisitive growth in 2019.
Blog: Discount rate - the light at the end of the tunnel
The road to reform on the personal injury discount rate has been long and winding but Deborah Newberry, head of corporate and public affairs at global law firm Kennedys, suggests with the strict timetable in the law there is a light at the end of this…
Bruce Carnegie-Brown to leave Money Supermarket
Bruce Carnegie-Brown is set to stand down as a chairman of Money Supermarket after nine years.
Gareth Howell steps down as managing director of Axa retail
Gareth Howell will step down from his role on the Axa UK leadership team at the end of the month.
Chip shop worker jailed for £248,000 fraud
A chip shop worker was given a 16 month prison sentence and ordered to repay £2500 after he made a fraudulent claim.
Court ruling swerves ‘new category of professional negligence claims’
Lawyers have welcomed a ruling by the Supreme Court in favour of a law firm, after a claimant argued he had lost out on his chance for more compensation due to his solicitor’s negligence.
Applied drafts machine learning plans with Google
Exclusive: Applied is working with Google to introduce machine learning technology into its business.
Rising Star: Marcus Hanson, Sedgwick
After getting a taste for adjusting, Marcus Hanson has progressed to Sedgwick’s complex liability team
Inshur picks up $7m investment in Munich Re-led funding round
Inshur is eyeing further expansion, having raised $7m (£5.4m) in its Series A funding round, in addition to gaining a $2m credit facility.
Pool Re extends business terror loss cover
Insurers under the government-backed Pool Re scheme will cover business interruption losses in cases of a terror attack.
Sedgwick looks to further acquisitions following integration of Cunningham Lindsey
Exclusive: Sedgwick has completed its integration of Cunningham Lindsey and is looking at further acquisitions for the coming year.
Insurers face Part VII transfer delays as Brexit looms
Exclusive: The government is mulling an extension to the deadline for insurers to get legal permission to move books of business from the UK to Europe.
Blog: M&A transactions - driving sustainable value creation
Rory O’Brien, senior managing director with FTI Consulting in London, and Ian Duncan, managing director with FTI Consulting in Dublin explain how insurers can achieve increased value from M&A transactions by focusing on the key enablers and drivers of…
711 jobs at risk as Axa XL embarks on next phase of integration
Axa XL has outlined a new target operating model and organisational structure that could see it cut 711 positions for its European workforce.
Analysis: Laspo gets a clean bill of health
Exclusive: The government has carried out a review of the second part of the Laspo reforms it introduced six years ago.
IUA weighs in on consultation over driverless cars
The International Underwriting Association has called for laws on driverless cars that would require drivers to keep their eyes on the road at all times.
AA sees strong motor growth as home ticks back on track
The AA’s insurance arm saw its motor and home books grow in 2018, according to a pre-close trading update.
Zurich's Hayley Robinson on relationship building in the age of digitalisation
As we all live and work in an increasingly digital world, technology seems to be able to provide solutions for many challenges insurers face. And that is why, more than ever before, insurers need to work on those human relationships with customers,…
Brokers nervous on Brexit: Aviva research
Brokers have identified Brexit as their second biggest worry, behind regulation and compliance, Aviva research has shown.
ABI weighs feasibility for ELTO-like tool for child abuse claimants
Insurers will publish a report in April on the feasibility of a tool for victims of child sexual abuse in making claims.
Brolly sees pay out from break-in claim
Exclusive: Brolly was left £15,000 worth of equipment down after a break in at its offices last September, but the insurtech has now been reimbursed by its insurer.
Analytics: Why Robot?
Technology is predicted to be a huge part of the future business landscape but fears remain over letting robots have all the power. Post investigates how robotics and artificial intelligence is helping insurance now and how it could do more in the future
This month: Brace for Boris
As the Brexit negotiations rumble interminably on, it can sometimes feel impossible to imagine life after 29 March. The British Insurance Brokers' Association gave the industry something to look forward to, announcing the keynote speaker for its…