United Kingdom (UK)
Tributes paid to Kevin Rousell, former claims management boss at MoJ
The former head of claims management regulation at the Ministry of Justice, Kevin Rousell, passed away on 18 January following a battle with brain cancer. He was 54.
Honcho plots series A funding round
Exclusive: Aggregator disruptor Honcho will look to raise more capital through its series A round later this year.
Questgates announces restructuring plans
Questgates is restructuring its business into four operating divisions, citing the need to “remain innovative.”
Biba faces backlash over Boris Johnson keynote
Exclusive: The British Insurance Brokers' Association faces a backlash from brokers over the decision to make Boris Johnson a keynote speaker at the organisation's annual conference.
CBL hearing delayed again pending last-minute rescue plan
A hearing over the future of beleaguered insurer CBL has been postponed again in order for creditors to explore a rescue plan.
Q&A: Luke Exford, CILA
Luke Exford has replaced John Evans as president of the Chartered Institute of Loss Adjusters. He spoke to Post about how the body maintains standards amid technological change.
Geo’s Paul Dilley on better claims management
Geo's CEO Paul Dilley talks about a recent traumatic experience and how his ordeal raises questions on how insurers can improve the claims management process.
Premier League football clubs turn to insurance as injuries and salaries surge
As top-flight salaries spiral ever upwards, Premier League football clubs are increasingly looking to insurance to lessen the blow of paying players unable to play or train through injury.
Zurich UKGI profit rises despite 'tough' market
Zurich’s UK general insurance arm has seen profits rocket and a marked improvement in its combined operating ratio in its 2018 financial year, following a loss making 2017.
Beazley profits halve as it feels nat cat impact
Beazley saw profits fall 55% last year owing to the continuing affect of natural catastrophe claims on underwriting margins.
Leakbot rival Waterlock trialling with major insurer
Energy sector technology company Geo is trialling its leak detector and preventer, Waterlock, with a "top 10" insurer.
RSA partners with insurtech on government-backed machine learning project
RSA is among the partner organisations working on a new government-funded two-year research programme into the application of machine learning and data analytics for risk modelling.
Boris Johnson to deliver keynote at Biba 2019
Boris Johnson will be the keynote speaker at the British Insurance Brokers’ Association annual conference.
RSA UK CEO Steve Lewis departs the business
RSA’s former chief financial officer, Scott Egan is now RSA UK and International CEO, effective from today.
GRP buys Peter Cullum-owned TIL
Global Risk Partners has acquired Peter Cullum-owned Trimulgherry Investments for an undisclosed sum.
Zego eyes up Europe with French MGA deal
Gig economy broker Zego will target transport services across Europe, following a deal with La Parisienne Assurances.
Beazley creates cyber and executive risk division
Beazley has created a cyber and executive risks division, which will manage over a quarter of the its premium revenue.
Lloyd’s names Allianz’s Burkhard Keese as new CFO
Allianz Deutschland’s Burkhard Keese has been confirmed as Lloyd’s of London next chief financial officer.
CII reports ethnicity pay gap
The Chartered Insurance Institute has revealed that its mean ethnicity pay gap is 1%, while its median ethnicity pay gap is -16%.
LV puts 140 jobs at risk across its claims teams
LV has confirmed that around 140 employees in its claims teams across its Bournemouth, Leeds and Ipswich offices have been put at risk of redundancy.
This week: ‘Snow drama
Despite the buildup - amber warnings, train winter timetables, and inevitable delays getting to work - insurers will be grateful of today’s mere smattering of snow.
Arron Banks' Eldon and Leave.EU fined £120,000 by ICO over data misuse
The Information Commissioner’s Office has fined Arron Banks’ Eldon Insurance £60,000 and political campaign group Leave.EU a total of £60,000.
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.