United Kingdom (UK)
Analysis: Employee benefits: Perking up at work
Insurers are investing in employee benefits as a way to recruit and retain staff - and they go beyond the core elements of pension, life and health cover to sometimes include quirky perks
Correction: David Pigot to remain UK and international CEO of Cunningham Lindsey
On 12 January Post published a story claiming David Pigot, the UK and international CEO of Cunningham Lindsey, had left the business.
This week in Post: Shuffling and reshuffling
This week, as Theresa May reshuffled her cabinet, the insurance industry underwent its own shake-up.
Aon Benfield chairman to lead the board at Climate Wise
Aon Benfield’s executive chairman Dominic Christian has been appointed chairman of Climate Wise.
Justice Select Committee needs to prove its mettle over personal injury reforms
As the Justice Select Committee prepares to hear oral evidence about the government's personal injury proposals, Carpenters director Donna Scully bemoans the unrepresentative makeup of those giving evidence at a time when those in power need to be held…
Peter Cullum to sue Towergate
Exclusive: Peter Cullum, the man who founded Towergate over 20 years ago, has lodged a financial claim against the company.
Allianz to make €1.1bn Euler Hermes offer
Allianz will open a tender offer for Euler Hermes shares on Monday after receiving regulatory approval.
Branch or subsidiary? How UK and EU insurers can passport after Brexit
The loss of passporting will be a major challenge for insurers after the UK leaves the European Union. Steven McEwan, partner at Hogan Lovells, looks at some of the options available.
McCafferty departure due to Axa group-level changes
The structural changes which led to the shock departure of Axa’s insurance CEO Brendan McCafferty came from a drive to simplify the business at group level, Post has been told.
Crawford's Muress to head Sedgwick's international division
Ian Muress has joined Sedgwick as CEO of international operations.
Brendan McCafferty to leave Axa as part of restructure
Brendan McCafferty has left Axa with immediate effect, 11 months into his tenure as CEO for intermediated and direct.
Co-op Insurance sues IBM for £130m over failed IT platform
Exclusive: Co-op Insurance has filed a £130m lawsuit against tech giant IBM.
Hyperion targets emerging markets and Lat Am with $300m in reserve
Hyperion Group is entering 2018 with a $300m (£223m) war chest to play with, the group’s chief financial officer has said.
CNA Hardy appoints Middleton as CEO of Luxembourg hub
CNA Hardy has named Stuart Middleton as CEO of their Luxembourg subsidiary.
Hyperion’s revenue up 20% at full year
Hyperion Group posted a 20% jump in revenue for the year ended 30 September 2017.
David Newman to step down as CEO of Carole Nash
David Newman is to step down as CEO of Carole Nash following its acquisition by The Ardonagh Group.
Blog: Driving efficiency and automation by breaking down data silos
Some underwriters are still reviewing data manually but Rodrigo DeCossio, UK insurance lead at Mark Logic, suggests 2018 might be the year to automate these processes and drive more efficiency in underwriting.
FM Global names Lawson chairman of the board
FM Global’s president and CEO Thomas Lawson has been elected chairman of the board by the group’s board of directors.
CII hires firm to tighten GDPR compliance
The Chartered Insurance Institute has hired a third party data protection officer services in order to help it become compliant for the incoming General Data Protection Regulation.
Beach snapped up by Acrisure
Acrisure is to acquire the independent reinsurance broker Beach & Associates.
US Reinsurance outlook remains negative, says AM Best
AM Best is maintaining a negative outlook for the US property and casualty reinsurance sector due to continued pressure on property catastrophe rates.
Insurtech Dinghy secures $1.2m funding round
On demand insurer Dinghy has secured a $1.2m round of funding led by Balderton Capital, which also backed pay-as-you-go insurer Zego.
JLT appoints Lucy Clarke as broking CEO amid restructure
JLT has appointed Lucy Clarke as CEO of its worldwide broking arm, as part of a restructure of the business.
Dual names M&A head and director of corporate development
Dual, the underwriting arm of the Hyperion Group, has named Justin Ansell as head of M&A in the UK.