United Kingdom (UK)
This week in Post: Bullying, Brexit and big predictions
This week in Post, the government said that it is considering plans to exclude cyclists and vulnerable road users from the proposed £5000 limit on fast track claims.
Claims firm We Go Look launches in UK
We Go Look, the US claims management firm dubbed the ‘Uber of inspections’, will launch in the UK.
FCA issues clone broker warning
The Financial Conduct Authority has issued a warning over a clone broker.
The CILA’s Malcolm Hyde on maintaining the value of UK qualifications post-Brexit
Professional qualifications play an essential role in building industry trust and recognition on the global stage, says Malcolm Hyde, executive director of the Chartered Institute of Loss Adjusters, however, the UK’s Brexit vote could put this into…
Das v Asplin: Defence concludes for five co-accused
The remaining five defendants in the Das UK v Asplin trial did not take the stand, with lawyers instead reading character witnesses to the jury.
Government start-up visa will allow UK to attract more insurtech talent
The Home secretary announced yesterday that the UK government will be introducing a start-up visa for entrepreneurs wishing to set up their business in the UK.
Das v Asplin: Defence states its case in ongoing trial
Ex-CEO Asplin has pleaded not guilty to charges including conspiracy and fraud.
Cyclists could be excluded from rise in small claims limit
The government is considering plans to exclude cyclists and other vulnerable road users from the proposed £5000 limit on the small claims track.
Zurich develops app with tech giant and invests in DIG
Zurich has invested €15m, alongside Finch Capital, into Digital Insurance Group as well as developing an app with tech giant Apple to cater to its brokers.
Interview: Simon Walker, 1st Central
It’s been 10 years since motor broker 1st Central launched in the UK, with policies sold exclusively over the phone or the internet. Simon Walker, who became CEO of parent company First Central Group in January, expects online giants like Amazon or…
Policy wording the ‘biggest complaint’ of cyber insurance buyers
Insurers’ cyber offerings have improved over the last five years, but consumers still struggle with the language and expressions used in policies.
RSA outlines plans to transfer commercial EU business to Luxembourg
RSA's UK business will transfer all of its passported business for commercial customers to its recently approved post-Brexit hub in Luxembourg.
Brit appoints Michael Gould as COO
Brit has appointed Michael Gould to the role of chief operating officer following his departure from Talbot Underwriting.
Commercial carriers must show their worth as sector fails to meet client demands says RSA
Commercial insurers must show clients how they can contribute to business growth as the sector fails to meet client demand, RSA’s head of global risk has said.
Parametric cover 'could go mainstream'
Parametrics, a specialised form of reinsurance or insurance used mainly in catastrophe bonds, could become more mainstream as risk managers seek to overcome some of the limitations of traditional insurance, according to a survey.
Blog: Lloyd's predicts the World Cup winner
Lloyd's of London predicts which country will win the 2018 World Cup, based on the insurable value of the 32 football teams that start battling it out this week in Russia.
Commercial insurance must face up to tech challenges to stay relevant
The commercial insurance sector and its customers must face up to the realities of the fourth industrial revolution if it is to remain relevant in five and ten years’ time, Airmic CEO John Ludlow warned today.
Kendrick replaced by Furby in Chubb leadership reshuffle
Andrew Kendrick will be replaced by David Furby as head of UK and Europe.
Axa sells health broker to Ardonagh owners
Axa will sell its health broker, Health Insurance Group, to the private equity owners of Ardonagh.
Broker Right Choice receives £28m private equity investment
The private equity arm of Lloyds Bank has invested £28m for a minority shareholding in motor broker Right Choice.
Brightside claim against former CFO and auditor ‘moving toward resolution’
Exclusive: A legal dispute between Brightside and its former co-founder Paul Chase Gardener was outlined in court on Friday.
Insurance Supper Club founder Barbara Schönhofer awarded MBE
Barbara Schönhofer awarded MBE in Queen’s Birthday Honours List
Tokio Marine HCC buys Qdos business unit
A subsidiary of Tokio Marine HCC has bought the contractor business unit of Qdos Group for an undisclosed sum.
Quindell auditor slapped with £4.5m fine over misconduct
KPMG has been handed with a £4.5m fine as a result of its audit of controversial insurance services firm Quindell.