United Kingdom (UK)
FCA to publish report on dual pricing by autumn
The City watchdog will report on its investigation into dual pricing in the autumn, a conference heard.
Nicky Morgan to take brokers’ regulatory concerns before FCA
Chair of the Treasury Select Committee, Nicky Morgan has agreed to take brokers’ regulatory concerns to the financial services watchdog.
Biba's Steve White slams watchdog in call for regulatory stability
Broker trade body calls for a period of regulatory stability as “burdensome and costly regulatory regimes” takes toll on the sector.
Allianz starts transfer of 2000 personal lines brokers to LV
Allianz will transfer 2000 broker partnerships to LV under the terms of the joint venture, starting next month.
Interview: Ali Crossley, BGL
In less than a year in her new role as managing director for Junction and BGL Customer Services, Ali Crossley has helped implement more than 100 digital improvements across the group's brands.
Blog: Eight things to look out for at Biba 2018
As the UK insurance sector descends on Manchester for the 2018 British Insurance Brokers' Association conference, Jonathan Swift predicts some of the key talking points on the floor and in the bars around the venue.
Insurers considering ELTO-like tool for victims of child sexual abuse
Exclusive: Insurers are looking into a potential tracing service to aid child sexual abuse victims in tracking down historic insurance policies of public institutions.
XL Catlin’s James Tuplin on the liability issues raised by PSD2 and open banking
Open banking throws up some liability questions, explains James Tuplin, head of cyber and technology, media and telecoms – International at XL Catlin.
Analysis: Turning incumbents into insurtechs
Innovation labs, investment vehicles and strategic partnerships; Edward Murray looks at the ways in which insurers are facing up to the challenges of a digital future
Marsh's case against Marshmallow melts
Insurtech startup Marshmallow has won a legal dispute from broker Marsh over the use of its name.
Peter Cullum-backed Lexicon targets growth with Oasis buy
Peter Cullum-backed Lexicon Property has acquired Oasis Property Insurance Services.
Coversure in MBO supported by Fat Face backer
Coversure Insurance Services Group has been acquired by the current management team as part of a buyout supported by private equity firm Livingbridge.
LV will take on Allianz personal lines business from June
Exclusive: LV will start to write renewals of Allianz personal lines business from the beginning of next month.
Analysis: 2018: A space policy
The UK is contemplating liability options as it wants to allow satellite launches from its soil.
L&G announces two deals as it looks to ramp up GI premium
Legal & General is now the majority capacity provider for a £550m five year binder with Pen Underwriting, as the general insurance business aims to grow its premium by double digits in the coming year.
Boyd Insurance snaps up Scottish broker
Boyd & Company has acquired independent insurance broker, Insureness.
This week in Post: Dual pricing and declaring bankruptcy
If only online retailers worked in the same way as price comparison sites and insurers.
Airmic’s John Ludlow on why diversity and equality have become a business imperative
John Ludlow, CEO of the Association of Insurance and Risk Managers, on lessons learnt the hard way and why diversity makes good commercial sense.
London cab drivers rush to renew cover following Alpha collapse
Exclusive: London Black Cab drivers queued outside the offices of their insurance broker for a second day running, as drivers were left scrambling for alternative cover following the collapse of Alpha Insurance.
Transactor founder takes CEO job at I-Wonder
Former Transactor boss Ray Vincent has taken on the job of CEO of I-Wonder.
Career development: Zurich increases volunteering leave for employees
Zurich is increasing the number of days employees can volunteer from one to three in a year.
Gallagher eyes up multiple acquisition targets in H2
Gallagher is poised to return to acquisition with the broker expecting multiple broker purchases before the end of the year.
Lloyd’s severs links with NRA following inquiry
Lloyd’s has instructed underwriters to no longer do business with the National Rifle Association of America, following fines on Chubb and Lockton.
Gallagher returns to acquisitions with Risk Services deal
Gallagher has acquired regional commercial insurance broker Risk Services, its first UK broking acquisition in almost four years.