United Kingdom (UK)
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.
Das v Asplin: Defence begins to close its case
The defence has begun to close its arguments in the ongoing trial between Das UK and ex-CEO Paul Asplin and others.
Post-Brexit clause could minimise claims disruption
The International Underwriting Association has published a Brexit contract continuity clause, to tackle claims disruption that could occur with an end to passporting post-Brexit.
FCA to launch signposting service for people with pre-existing medical conditions
The City watchdog will create a service to direct people with cancer and other pre-existing medical conditions to affordable travel insurance.
Ex-Quindell firm to target 10% of med reporting market
Former Quindell business Mobile Doctors has laid out plans to capture 10% of the medical report market by 2021.
Analysis: Social media is making virtual kidnap and ransom a reality
In a world where political volatility is rife and where an individual’s net worth and lifestyle are discoverable through a Google search or Instagram feed, kidnap for ransom has never been easier or more lucrative. As the threat to clients increases, so…
Week in Post: How much are your limbs worth?
One of the highlights of the World Cup so far was watching Portuguese defender Pepe collapse in agony after receiving a pat on the back from Moroccan player Mehdi Benatia. But when you see how much footballers insure their body parts for, it isn’t really…
Zurich to move claims roles following Leeds office consolidation
Exclusive: Zurich is consulting over a number of claims handler roles as part of an office closure in Leeds.
Blog: Dreamvar, the continuing nightmare for PI insurers?
Solicitors and their professional indemnity insurers are in effect underwriting the legitimacy of property transactions on a strict liability basis, following a recent court decision analysed by Phil Murrin, partner at DAC Beachcroft.
Direct Choice closure hits Saga retail growth
Saga’s retail insurance policies grew by just 1% year on year for the four month period from 1 February 2018 to 31 May 2018, a trading statement released ahead of its annual general meeting shows.
Hiscox CEO casts doubt on UK ILS framework
Exclusive: Hiscox CEO Bronek Masojoda cast doubt on the UK regulator's ability to make good on its promise to create a flexible framework for ILS business in London.
Verisk acquires Validus IVC
Verisk has acquired automated subrogation platform provider Validus IVC to offer its customers automated claims processing.
Peter Winslow to step down as BGL chairman
After 23 years at BGL Group, Peter Winslow will be stepping down from his role as non-executive chairman.
Slow growth and competition forcing insurers to rethink acquisition strategy
Insurance executives are pursuing acquisitions and partnerships to grow their business, but the majority of insurers are having to rethink their acquisition strategies.
Aviva's Maurice Tulloch on distracted driving becoming the new drink-driving
Drinking and driving is simply not acceptable to today's society. Why then, asks Maurice Tulloch, CEO Aviva International Insurance, is the same stigma not yet attached to using a phone will driving?
Former claims fraud investigator jailed for fraud
The former director of a firm used in the past by Ageas and ERS to investigate fraudulent claims, has himself been jailed for fraud.
Credit hire firm valued at £110m following market float
Credit hire firm Anexo Group raised £25m through an initial public offering, valuing the group at £110m.
Big Four audit firms censured for 'lack of scepticism'
The Big Four audit firms have seen a fall in quality in the past year owing to a “failure to challenge management”.
Blog: High-tech property restoration is worth paying for
Property restoration techniques and equipment are advancing and, while they may be costly, they're worth investing in, argues Jonathan Davison, strategic development director of the British Damage Management Association.
Axa and Allianz strike latest GRP broker deals
Axa has taken on the agency for the commercial combined and fleet business portfolios for GRP’s ‘south-eastern hub’ Green Insurance Group (Greens), while Allianz has made a bespoke agreement with GRP’s Sagar, McGrady’s and Abbey Bond Lovis to take on…
Grahame Chilton steps down as UK Gallagher CEO
Grahame ‘Chily’ Chilton will step down from his role as UK CEO at Gallagher, and will be replaced by Simon Matson.