United Kingdom (UK)
Sabre to target insurtech distribution
Motor insurer Sabre is looking to add insurtech platforms to its distribution model.
Market must use consortium model to attack expense base, says Hiscox chair
Carriers in the London market must work together in consortiums to spread risk, combat rising expenses ratios and mitigate underwriting pressures, Hiscox chairman Robert Childs said.
Sabre mulling price increases in light of claims inflation
Sabre will raise premium prices in the second half of the year, owing to increased market-wide claims inflation.
Markerstudy creates COO role and makes key promotions
Markerstudy has appointed Dan Fiehn to the newly created role of COO.
Autonet's Ian Donaldson on how brokers innovate
Brokers have always innovated to survive and will continue to do so, writes Ian Donaldson, CEO of Autonet and Carole Nash, explaining how technology can help cross-selling.
Covéa partners with blockchain service provider
Covéa has chosen to partner with blockchain platform Blocksure and will use it alongside its legacy systems.
Hiscox Retail helps drive 27% boost in group profit at H1
Hiscox saw pre-tax profit climb 27% to $164m (£125m) in the first half of 2018, with the insurer’s retail arm contributing more than half of that figure.
Andy Watson succeeds Amanda Blanc as ABI GI chair
Andy Watson will replace Amanda Blanc as chair of the Association of British Insurers’ General Insurance Council.
Blog: Whiplash reforms will present operational challenges for insurers, warns a claimant lawyer
Alan Hayes, chief legal officer of Carpenters Group, argues the delayed whiplash reforms will likely bring unintended consequences.
Analysis: From Brussels with love - a fraud case study
Missing cars, cross-border investigations, stolen identities and organised crime. Not your average case...
Innocent Smoothie founders lead By Miles's £1m fund raising
Pay-by-mile car insurance provider By Miles has swept up a £1m investment in a round led by Jam Jar, the venture capital arm of the founders of Innocent Smoothies.
This week in Post: Insurance industry captures the heart and mind of at least one Millennial
Two years ago, when I told my friends that I got a job as an insurance journalist, they were baffled. They still are.
Gallagher CEO welcomes modest rate increases as broker delivers growth in H1
Gallagher saw its net earnings climb to $3.43bn for the first half of 2018, up 27% from $3.07bn in the same period in 2017.
Video: Pauline Miller (Lloyd's), Jason Groves (Marsh) and Matthew Fosh (Axis) on Dive In 2018 and #time4inclusion
Time for inclusion is the theme of the fourth edition of the Dive In festival, which will take place in late September to encourage diversity in the insurance industry.
Q&A: Malcolm Hyde, CILA and FUEDI
After working with the European Federation of Loss Adjusting Experts for a number of years, Malcolm Hyde has taken on board the role as president.
JLT makes plan for a no-deal Brexit scenario
JLT has said that carrying more bolt-on acquisition in the European Union is ‘entirely possible’ and that it is executing business operations in preparation for a no deal Brexit scenario.
Lancashire sees premiums and profit dip at Q2
Bermuda-based Lancashire saw profits slip 15% and gross written premiums dive 4.3% in the second quarter of 2018.
Bupa expands dental network
Bupa has acquired nine dental practices, bringing the total number of sites acquired so far this year to 14.
Aston Lark eyes acquisitions as first post-merger results reveal 6% revenue growth
Aston Lark has reported a 6% revenue increase in its first set of financial results since the merger of Lark Group and Aston Scott.
Hyperion CFO to step down
Oliver Corbett will step down from his role as Hyperion CFO at the end of the year.
Ageas: No ‘indication of concrete interest’ from Fosun on takeover bid
Ageas Group claims to have had “no indication of concrete interest” of a takeover bid from Fosun, despite reports that the Chinese multinational is eyeing the insurer.
Hiscox hires new CUO from Zurich
Hiscox has appointed Zurich’s EMEA claims director as its new UK and Ireland CUO.
Legal & General makes broker appointments
Legal & General has made several senior promotions within its general insurance division, as part of its strategy to grow its broker business.
Rising Star: Ryan Field, Morgan Clark
Ryan Field is a loss assessor and found being thrown into a surge situation challenging but good experience