United Kingdom (UK)
Ardonagh reports growth despite MGA headwinds
Ardonagh Group has reported a 30% growth in its adjusted Ebitda last year, despite pressure in its managing general agent services and corporate business.
Blog: Insurers should cover recyclables price volatility
The reluctance of current players in the waste sector to manage recyclables price risk presents opportunities for the insurance sector, explains Surabhin Chackiath, waste and resource management consultant at SLR Consulting.
Das v Asplin: Prosecution outlines arguments on fraud charges
The trial of former Das CEO Paul Asplin continued today (18 April) at Southwark Crown Court.
Brexit sends Anglo-American trade deal into disarray
The uncertainty surrounding Britain’s departure from the European Union has sent the prospect of a possible Anglo-American trade deal into question, the Lloyd’s market has heard.
Ex-AA boss Mackenzie sues group for £255m
Ex-AA CEO Bob Mackenzie has filed a claim seeking £225m in damages from the group.
Motor premiums have already started to fall: Fitch
Insurers have already started to reduce motor premiums ahead of the government’s proposed whiplash and discount rate reforms.
Blog: Time to talk about psychological rehab
Insurers must embrace psychological rehabilitation in the same way that they have physical, explains Jonny Cook, founder and chairman of Corporé.
Ex-Das CEO Paul Asplin stands trial for fraud
Ex-DAS CEO Paul Asplin is alleged to have dishonestly failed to inform the insurer that he owned one third of CW Law and Med Report Limited during his service at the company, Southwark Crown Court heard today.
Insurance data could have been used in Leave campaign, claims whistleblower
A witness to the parliamentary Fake News Inquiry has raised questions over the use of insurance data in the Leave.EU campaign.
Axa enters capacity deal with Gresham Underwriting
Axa has entered into a £20m three-year capacity deal with Gresham Underwriting, the managing general agent arm of Tasker Insurance Group.
Cunningham Lindsey to be rebranded Sedgwick following acquisition
Cunningham Lindsey will be subsumed under the Sedgwick brand following the acquisition of the adjuster last year.
Axa's Bertrand Poupart-Lafarge on why inclusion must not be to the detriment of the majority
Diversity and inclusion efforts must not be seen as something that is only for people from minority groups, explains Bertrand Poupart-Lafarge, chief financial officer and executive sponsor for diversity and Inclusion at Axa UK.
Konsileo raises £2.7m in series A funding round
Insurtech broker Konsileo has raised £2.7m from a series A funding round and will use the capital raised to bolster its recruitment process.
Business leaders ‘turning their backs on Europe’
UK business leaders have turned their backs on Europe as political uncertainty and regulatory concerns see decision-makers’ focus on the domestic market, according to survey findings.
SSP users experiencing further difficulties following last week's disruption
SSP users are facing a fresh wave of issues this morning following problems with the platform on Friday.
Analysis: Leisure market - At your leisure
Brexit may raise the prospect of more expensive holidays abroad and longer waits at borders. If fewer European city breaks beckon, could there also be an upside in spending more time in England’s green and pleasant land?
This week in Post: BIA shortlist and other insurance news
This week we unveiled the long-awaited shortlist for the British Insurance Awards.
Silent cyber holding back insurance market, survey claims
Silent cyber risk is the largest inhibitor to the growth of cyber insurance, according to a Post survey.
Insurtech start-up selects Amazon platform for launch
Insurtech start-up Thingco has selected Amazon Web Services to host its product launch.
Ghost broker jailed after making £321,000 of false car insurance claims
A ghost broker who used victims’ details to make £321,000 of false car insurance claims has been jailed.
London Market launches permanent body to manage market services
The London Market Group has launched London Insurance Market Operations & Strategic Sourcing, a permanent body to manage market services.
Government introduces rules to curb bogus holiday sickness claims
Government has given the go-ahead on new rules that will help clamp down on bogus holiday sickness claims.
Marsh UK CEO Mark Weil to leave the business
Marsh has appointed Chris Lay as CEO of its UK & Ireland region, pending the departure of Mark Weil.
Biba’s Steve White on why a transitional agreement is only the tip of the Brexit iceberg
News of a post-Brexit transitional agreement is a welcome one, writes Steve White, CEO of the British Insurance Brokers’ Association, however brokers must be wary that the hard work is still yet to come.