United Kingdom (UK)
Munich Re covers Easyjet for flight cancellation
Munich Re and Easyjet have teamed up on a flight cancellation insurance product.
Hood names Homer non-executive chairman
Andy Homer has been appointed non-executive chairman of Hood Group.
Aon appoints Edward Smerdon as head of legal and technical
Aon has appointed Edward Smerdon as head of legal and technical within the financial and professional services division of its Global Broking Centre.
Anna McEntee to head up BGL's Frontline business
BGL Group has appointed Anna McEntee to lead its Frontline business, marking the conclusion of the consolidation of senior leadership team in the company’s Insurance Distribution and Outsourcing division.
Millions of travellers being encouraged to fake illness, says ABTA
Almost 10 million Britons have been approached about making a compensation claim for being sick while on holiday, according to the Association of British Travel Agents.
LV makes two senior hires ahead of Allianz partnership
LV has appointed Richard Hoad as director of new markets and Cheryl Binnis as group strategy and insight director.
Industry welcomes incoming Justice Secretary David Gauke
Both insurers and personal injury lawyers have welcomed the appointment of David Gauke as Justice Secretary.
Thomas Miller appoints former Zurich UK boss as COO
Thomas Miller has appointed Ann Haugh as chief operating officer, with immediate effect.
Simon Price to lead M&A at XL Catlin
XL Catlin has appointed Simon Price as head of mergers and acquisitions, EMEA.
Fresh capital to make reinsurance rate rise short-lived
New capital entering the reinsurance sector will wash away any relief gained from rate rises at January renewals, Aon Benfield has said.
Axis to consolidate Lloyd’s business into Syndicate 1686
Axis Capital has initiated plans to consolidate its Lloyd’s business into Axis Syndicate 1686.
Fidelis promotes Richard Coulson to CUO
Fidelis Insurance has promoted Richard Coulson to the position of chief underwriting officer of Fidelis Underwriting.
Gary Hoffman to take Hastings chairman role, van der Meer promoted to CEO
Mike Fairey is to retire as chairman of Hastings Group, with CEO Gary Hoffman set to take over the role.
Allianz's Simon McGinn on treating customers, and their data, fairly
This year will see changes to how companies can use people's personal data and Simon McGinn, general manager for commercial and personal at Allianz, believes this is time to perfect the treating customers fairly mantra.
Woodgate retirement not related to £75,000 fine
The departure of Michael Woodgate from loss adjuster Woodgate and Clark was not related to a criminal case that concluded last month, the company said.
AA vows robust defence to Bob MacKenzie employment tribunal
The AA will “robustly defend” itself in an employment tribunal against its former chairman Bob MacKenzie
Woodgate and Clarke fined £50,000 for criminal use of private investigators
Loss adjuster Woodgate and Clark has been fined £50,000 for unlawfully disclosing personal data.
Biba launches trade credit scheme
The British Insurance Brokers’ Association has launched a scheme for trade credit insurance through CMR Insurance Services.
Euler Hermes cuts cover for New Look
Euler Hermes has reportedly stopped offering cover on new shipments of goods to ailing retailer New Look.
Revealed: National epidemic of 2.2bn nuisance calls
Customers were bombarded with 2.2 billion nuisance phone calls related to personal injury, PPI or other insurance matter in 2017.
M&A values up 170% as priority turns to capital optimisation
Merger and acquisition activity rebounded in 2017 with completed deal values increasing 170% in the first half of the year, according to Willis Towers Watson.
Insurtech start-up enters UK market with backing from Zurich
Insurtech start-up Laka, previously Insure A Thing, has launched into the UK market with bicycle cover backed by Zurich.
Exceptional items put UK General in the red in 2016/17
UK General made an operating loss of £714,879 for the year ending 31 March 2017, compared to a profit of £8.7m in the previous year.
Aviva settles almost half of claims from Liverpool car park fire
Aviva has settled almost half of the 123 claims it had received from the Liverpool car park fire, and the firm also moved to waive the excess on customers’ policies.