United Kingdom (UK)
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.
McCafferty re-affirms strategy as Brightside hit by £10.2m loss
Brightside saw pre-tax losses of £10.2m last year, but incoming CEO Brendan McCafferty said there is “no need to alter strategy”.
Marsh UK CEO defends broker facilities amid FCA's market-wide probe
The CEO of the UK's largest broker has defended broker facilities, amid an official probe into allegations the practice is anti-competitive.
Analysis: Little online lies
Consumers might lie online to get cheaper quotes but insurers are using digital technology to detect potential fraud.
Insurers respond to cyber threat to railways
Traditional insurance policies do not cover emerging threats to the railway posed by cyber hackers, a conference heard.
This Month in Post: Top 100 teachings
My first three weeks reporting on the insurance industry has taught me how broad the sector is. Covering the claims beat I'm expecting to be learning more about escape of water, floods and storms. Our Top 100 UK insurers ranking has already shown me how…
Davies has ‘no limits’ to acquisitive ambition
Davies Group said it doesn’t have “limits to its ambition” over acquisitions, as the company saw earnings grow by 47%.
Aviva small broker community not ‘anti-network’
Aviva's small broker community is not a threat to networks or spurred on by consolidation in the regional market, said the company's managing director of intermediaries Phil Bayles.
Aviva launches community to boost ‘overlooked and isolated’ small brokers
Aviva will furnish smaller broker members with same-day response times, discounted compliance packages and free learning and development tools as part of its new community initiative.