United Kingdom (UK)
Insurtech diary: Trekking the glacier
In the last instalment in our insurtech series, Buzzgroup founder and CEO Becky Downing, reflects on the past 12 months and the story of Buzzvault’s launch.
Broking boss vows to stand as UKIP MP
Eddie McNally has been in insurance for over 40 years, but now the Lincolnshire-based broker has set his sights on a career in politics.
Watchstone names court date as it prepares for showdown with S&G
Watchstone has ring-fenced £50.2m in anticipation of a costly court battle with Slater & Gordon later this year.
Duck Creek looks to break into London Market with messaging deal
Duck Creek Technologies hopes to attract new London Market clients following a partnership with Web Connectivity Limited.
Extra FSCS bill the ‘last thing that brokers need’: Biba
The British Insurance Brokers’ Association has hit out over an extra Financial Services Compensation Scheme bill that firms will have to pay in February.
National Accident Helpline group to launch law firm
National Accident Helpline Group’s first wholly-owned law firm will start trading in April.
Analysis: Insurers under the spotlight over institutional child abuse claims
Insurers have been forced to defend how they handled non-recent child abuse claims, in the latest stage of a high profile inquiry
Trade Voice: Bila's Ozlem Gurses on motor passenger insurance
How do passengers 'use' motor vehicles? Ozlem Gurses, reader in insurance and commercial Law at King’s College London and British Insurance Law Association committee member, explains how the law sees this question when it comes to insurance.
Industry faces £10.5m bill from FCA claims data proposals
The regulator expects its claims reporting proposals to cost the industry between £7.5m and £10.5m in one off compliance costs.
John Neal to chair LMG's TOM steering board
John Neal, CEO of Lloyd’s, will chair the steering board of the London Market Target Operating Model with immediate effect.
FCA takes aim at general insurance ‘poor product value’
The city watchdog has launched a consultation to address potential 'poor product value' in general insurance.
Industry pays tribute to former Thatcham CEO, Peter Shaw
Tributes have flooded in from across the industry to Peter Shaw, former CEO of Thatcham Research, whose death was announced on Monday.
Ex-AIG CEO's underwriting platform goes live
Former AIG boss Jacqueline McNamee’s insurtech C-Quence has gone live with its underwriting platform.
Romero sees 30% Ebitda growth in 2018 results
Romero Group posted an adjusted Ebitda of £3.67m in its year-end results to 30 April 2018, a 30% rise on 2017’s £2.82m figure.
Roundtable: Modernisation in the London market
Post, in association with WNS, held a roundtable with London market leaders, to discuss whether Lloyd’s modernisation is gaining momentum, and what the state of play is for the technology drive
Thatcham CEO Peter Shaw passes away
Thatcham Research's former CEO Peter Shaw has died.
Cavere Group launches broker
Cavere Group has launched an intermediary business primarily focussed on home insurance.
BGL invests £3m to create 40 tech jobs
Digital broker BGL Group’s £3m investment in a Sunderland tech hub will create 40 jobs.
Jon Dye to join QBE from Allianz
Former Allianz UK head of commercial motor, Jon Dye will join QBE as its director of motor for the UK.
Esure founder was one of the top ten UK taxpayers last year
Sir Peter Wood, founder and chairman of Esure, paid £53.7m in tax last year, according to the Sunday Times’ tax list.
Ecclesiastical's John Blundell on cracking the cyber code
Cyber crime has hit the headlines but sales are still down. Ecclesiastical's UK general insurance managing director John Blundell explains why the sector needs to break down difficult wordings and better explain both risks and policies to clients to make…
This week: Tackling pale, male and stale
Diversity topped the agenda this week with Post exclusively revealing that the Association of British Insurers is backing an ethnicity pay gap reporting proposal.
UK inks insurance free trade deal with Switzerland
Insurance sectors in the UK and Switzerland will continue trading freely with one another after Brexit, following a trade agreement signed at the World Economic Forum in Davos yesterday.
Tapoly seeks £2m of investment as it sets its sights on global expansion
Exclusive: The founder and CEO of insurtech start-up Tapoly, Janthana Kaenprakhamroy has called out the insurtech investment community for overlooking the potential of female founders, as it raises funds aiming for £2m to grow its product and technology…