United Kingdom (UK)
Analysis: Making mining work
The mining industry is facing a shrinking pool of project managers but improved project management software, what impact is this having on the industry and its insurers?
Motor insurers move to allay no deal Brexit green card fears
Motor insurers are preparing to issue potentially millions more green cards in the case of a no deal Brexit.
Subsidence surge sees claims up 300% in 2018
It has been predicted that 2018 won’t be just a subsidence surge year, but one that will see the greatest upsurge in claims over a two year period.
Stackhouse Poland acquires HNW broker
Stackhouse Poland has acquired Hampshire-based high net worth private client broker, Symmetry Private Insurance.
Broker in liquidation Larksway has FCA authorisation pulled
Broker Larksway, which is currently in liquidation, has had its Financial Conduct Authority authorisation removed after the regulator alleged it failed to comply with a Financial Ombudsman Service ruling.
Revealed: Behind the scenes of troubled insurer Qudos’ collapse
Danish unrated insurer Qudos plunged into liquidation yesterday, amid owner New Nordic’s lawsuit alleging that former owners Echelon “fraudulently reported” vital information prior to the 2017 sale of the insurer.
Telematics Watch: The state of play for 2019
Post has teamed up with telematics broking specialist Igo4 for a new quarterly series looking at the growth and trends in this the sector. To kick things off its CEO Matt Munro looks at who is buying these policies and where they live.
Unrated Danish insurer Qudos plunges into liquidation
The owners of Danish unrated insurer Qudos have placed the business into liquidation, after it ceased to write new business in October.
Zurich hires MD from Allianz
Zurich appoints Allianz’s SME director, David Martin as the managing director of retail.
Former banking chief Garrad joins Axa PPP as healthcare CEO
Tracey Garrad, former HSBC Channel Islands and Isle of Man CEO, is replacing Keith Gibbs as Axa PPP healthcare CEO.
Thatcham appoints Jonathan Hewett as CEO
Thatcham Research has appointed Jonathan Hewett as CEO, replacing Peter Shaw.
Roundtable: Dual pricing and loyalty
Loyal customers have long felt penalised by dual pricing. As the regulator and the government are promising to stop the practice, insurers discussed how to move the focus away from premiums to build stronger loyalty, at a roundtable organised by Post, in…
Brexit stockpilers face 'huge risk of underinsurance'
Exclusive: Businesses that stockpile goods in preparation for potential Brexit-related disruptions are leaving themselves at risk of being underinsured, brokers have warned.
Blog: How insurance risks exclude victims of domestic abuse
Victims of economic abuse often struggle to access insurance, writes Alice Merry, financial inclusion consultant for Surviving Economic Abuse, explaining what the industry can do about it.
Sure Thing grows policy count as losses hold steady
Broker Sure Thing has grown its policy count by 12.8%, while making an operating loss of £1.9m in its fourth year of trading.
Arron Banks’ BBC appearance generated 'thousands' of complaints
Exclusive: BBC data has shown that Arron Banks’ appearance on the Andrew Marr show received 521 complaints during or after transmission, but “thousands” more complained before it was aired according to Newswatch.
Analysis: Review of 2018
The spectre of Brexit loomed large over the insurance sector this year, and although the picture is still no clearer in terms of how the UK market will continue to trade with Europe after 29 March 2019, significant merger & acquisition activity was among…
Allianz CEO Bäte has contract extended
Allianz's board has extended the contact of global CEO Oliver Bäte until 2024.
This Week: We'll be watching you
At long last, the Civil Liability Bill cleared its final parliamentary hurdle this week, opening the way for a much-awaited review of the personal injury discount rate.
Hiscox claims director to retire next year
Jeremy Pinchin, Hiscox group claims director, will retire at the end of February 2019, after 13 years at the company.
Folgate assigned rating ahead of relaunch
Folgate, which will relaunch as an insurer next month, was assigned a financial strength rating of B from AM Best.
Insurers cast doubt on impact of ‘cycling awareness’ scheme on premiums
Insurers have cast doubt over the viability of government proposals to reduce insurance premiums for motorists who have signed up to a cyclist awareness course.
Architect of Lloyd’s modernisation drive to step down
The architect of Lloyd’s modernisation drive, Shirine Khoury-Haq, has stepped down from the Corporation.
Aviva takes majority stake in Neos
Aviva has acquired a majority stake in connected home insurtech Neos.