United Kingdom (UK)
Motor insurance premiums could reach 'new highs' as Brexit uncertainty drives first motor insurance rise in a year
Following four consecutive quarter-on-quarter price cuts motor insurance premiums have risen by an average of 1% for quarter three of 2018 according to the latest Confused car insurance price index – in association with Willis Towers Watson - amid…
Analysis: Subsidence surge
Insurers and loss adjusters are using digital technologies to handle this autumn’s surge in subsidence claims but they are not forgetting the human touch is the best way to get to the root of the problem
This Week in Post: Boing! It’s the executive magic roundabout
The last few months have seen some major executive changes across the UK’s largest insurance companies.
Less than a third of Lloyd’s brokers using PPL
Exclusive: Fewer than a third of the brokers that operate through Lloyd’s are signed up for Placing Platform Limited.
Swinton CEO departs following Ardonagh acquisition
Gilles Normand has stepped down from the CEO job at Swinton following its acquisition by Ardonagh.
Apil's Brett Dixon on how the future discount rate could be skewed
A panel of independent experts needs to be involved in the first review of the discount rate, argues Brett Dixon, president of the Association of Personal Injury Lawyers.
The evolution of risk modelling in insurance
Regulation might have helped to speed up the evolution of risk modelling but technology advances, especially cloud computing, are now taking this development to the next level. Edward Murray explores the benefits this is bringing and how insurance…
Stackhouse Poland acquires legal indemity broker
Stackhouse Poland has acquired a Hertfordshire-based legal indemnity broker.
LMA appoints Ascot CEO as new chairman
The Lloyd’s Market Association has appointed Andrew Brooks, CEO of Ascot Underwriting, as its next chairman.
FSCS CEO to step down
Mark Neale CEO of the Financial Services Compensation Scheme, will step down from his role.
Grenfell insurers could face legacy claims from asbestos poisoning
Exclusive: Insurers of Grenfell Tower could face legacy claims from victims if they develop symptoms of asbestos poisoning in later life.
Davies acquires insurance consultancy
Davies Group has acquired insurance consultancy business Ember for an undisclosed amount.
Blog: How use of the supply chain can help meet high customer expectations – and manage costs
Insurers should have confidence in their supply chain partners to help their business deliver a better customer experience. However, James Roberts, business development director, insurance at Europcar UK, argues many take a short term view believing the…
Two men have been sentenced to 18 years collectively in jail for intended collision against motorists.
Two men have been sentenced to 18 years collectively in jail for a cash for crash scam.
Ageas insurance CEO departs in management shakeup
Ageas has restructured its senior management, resulting in the departure of insurance CEO François-Xavier Boisseau as well as other senior figures.
Aviva’s head of digital departs the business
Aviva’s head of digital Andrew Brem has left the insurer and will not be replaced.
Blog: Flood claims involving children
A flooded home can be traumatic, especially for children. Jonathan Davison, strategic development director at the British Damage Management Association, explains how the claims process can be designed to protect the mental wellbeing of younger family…
B3I CMO: GDPR is ‘wrong’
General data protection regulation is not fit for purpose, the chief marketing officer for industry-wide blockchain initiative B3I told attendees of Post’s Digital Insurance World conference.
Marsh's Ailsa King on including mental health in diversity agenda
Insurance has progressed on diversity but stigma persists around mental health, writes Ailsa King, chief client officer, Marsh UK & Ireland, calling on the industry to create supportive workplaces.
Compare the Market owners see profits rise despite blow from abandoned IPO
Compare the Market owner BGL Group has seen underlying pre-tax profits soar by 16% in spite of its abandoned initial public offering.
Doctor and solicitor jailed over false medical report
A solicitor and doctor have been jailed for a combined sentence of 21 months after the pair were found guilty of assisting in a fraudulent insurance claim.
Mark Wilson steps down as Aviva CEO
Mark Wilson has stepped down as CEO of Aviva after completing a ‘turnaround phase’ at the company.
Interview: Chris Lay, Marsh
Chris Lay enjoyed his time in Canada but Marsh’s new UK and Ireland CEO has no doubt that London is the place to be. “The UK is a priority for Marsh,” he told Cecile Brisson, just before the world’s biggest broker bought off London-based broker Jardine…
Theresa May pledges to take action against dual pricing
Prime Minister Theresa May has vowed to take action against companies that impose a “loyalty penalty” on customers.