United Kingdom (UK)
Chubb files UK lawsuit against Harvey Weinstein
Chubb has filed a further lawsuit against disgraced movie mogul Harvey Weinstein, arguing that it should not have to pay out for his public liability cover as his insurance policies are void.
Acturis profits grow for 17th year running
The software house reported total revenues of £62.2m for its financial year ending 30 September 2017.
Motor market back in the money with best results for over 20 years
The motor insurance market has reported its best underwriting result in over 20 years, according to EY.
Motor premiums in reverse as prices drop 5.5% in year
Car insurance premiums have dropped off 5.5% in the past 12 months.
Content director's comment: Insurtech eyes for straight guys
What does being ‘more like an insurtech’ mean? Recruiting people with facial hair and skinny jeans is only the start of the journey.
Analysis: Is Lemonade losing its fizz?
Will Lemonade’s losses see its success go flat?
FCA preparing for range of Brexit scenarios
The Financial Conduct Authority has revealed that it is continuing to prepare for a range of post-Brexit scenarios, including a no deal scenario which would see the UK leave the EU on 29 May 2019 with no agreement or transitional arrangement in place.
Chubb appoints Matthew Hardy as president of global energy
Chubb has appointed Matthew Hardy as executive vice president of global energy for its Overseas General business.
Prime Minister urged to step in over Glasgow School of Art insurance claims
The MP for Glasgow Central has urged the Prime Minister to step in over a perceived lack of support from insurance companies for those affected by the fire that spread through Glasgow School of Art.
Thatcham Research awards Automotive Academy graduates
Thatcham Research held its annual apprentice graduation and award ceremony yesterday, which formed part of ABP’s Body Repair Industry Apprentice Awards.
Folgate guns for £60m GWP following PRA approval
Folgate Insurance has received approval from the Prudential Regulation Authority to start writing insurance and reinsurance business.
GDPR: Insurers at risk of losing two thirds of previous customer data due to GDPR
Insurers will have to delete two thirds of data that they hold on customers and risk losing a vital sales pipeline under the General Data Protection Regulations that come into place on May 2018, according to research from Consumer Intelligence.
GDPR: In Depth: The GDPR time bomb
The implementation date of the General Data Protection Regulation is less than a year off but the industry’s attention is elsewhere, with issues like Brexit, the General Election and the discount rate looming large on the horizon.
GDPR: London market issue guide on GDPR
Trade bodies from across the London market have published guidance to help members navigate the impending implementation of the General Data Protection Regulation.
CPD module - GDPR: Legal Update: How the GDPR is going to change the lives of insurers
Insurers will face stricter data rules but these may help them grow the cyber market, write Mark Estafanous and Kate Payne, solicitor and partner at Elborne Mitchell.
Thatcham CEO Shaw steps down due to ill-health
Thatcham Research CEO Peter Shaw is stepping down from his role with immediate effect due to ill-health.
Risk management: Analysis: Councils: Local challenges
Local government insurance has to deal with emerging risks. How is it adapting as competition increases?
Risk management: Analysis: Cargo theft on the rise
International cargo theft has a huge impact on the frequency and severity of insurance claims and the problem is increasing.
Risk management: Economy 4.0 - Learning to share
The on-demand, sharing and digital sectors - often called Economy 4.0 - bring new risks and challenges for the insurance industry.
Risk management: Analysis: Zoo insurance: A walk on the wild side
Zoo insurance is a niche market, with only a few underwriters and brokers, all very much focused on managing a ferocious variety of risks for visitors, staff and animals.
Roundtable: The future of insurance in the digital age
Insurers feel they need to adapt to the digital age but they don’t all agree on how to drive technological change. What culture should they nurture? Post invited a number of industry experts to discuss the challenges ahead
Insurance Europe president hits out at ‘overly conservative nature’ of Solvency II
Insurance Europe president Andreas Brandstetter, CEO and chairman of UNIQA Insurance Group, said at a Solvency II conference in Brussels today that problems with the regulation need to be addressed.
MS Amlin partners with AI start-up to automate underwriting decisions
MS Amlin has entered into a partnership with Artificial Intelligence company Cytora to help automate its underwriting decisions across its commercial property portfolio.
Bupa's Alex Perry: There is no health without mental health
Insurers need to turn their focus to mental health, one of the biggest people issues facing UK businesses, writes Alex Perry, CEO of Bupa Insurance UK.