United Kingdom (UK)
Preview of 2018: A sneak peek at the coming year
The promised whiplash and discount rate reforms, as well as the UK’s exit from the European Union, are expected to shape the coming year for the industry. Insurers, brokers, loss adjusters and lawyers are wary of political uncertainties and the trends in…
Ageas and Tesco Bank in U-turn over Liverpool car park fire
Ageas and Tesco Bank have said they will refund any excesses paid by car-owners in relation to the Liverpool car park fire, amid widespread anger from customers.
Holiday claims firm in liquidation after being stripped of license
A claims firm which had its license revoked after encouraging holiday makers to fabricate gastric illness claims has been placed in liquidation.
Claims firm boss fined for 'unusual' attempt to buy number plate
The director of an accident claims company has been fined for going to extraordinary lengths to buy a private number plate.
Insured cat losses hit record $135bn in 2017, says Munich Re
The final insurance bill for natural catastrophes over 2017 is expected to come to $135bn (£99.6bn) – higher than ever before, according to Munich Re.
Saga names Gary Duggan CEO of retail broking arm
Saga has named Gary Duggan as CEO of its retail broking arm Saga Services.
Updated: Insurers slammed over Liverpool fire response
Insurance companies have been slammed by motorists for their response to the Liverpool car park blaze.
SSP outage cost firm £289,000
The outage to SSP servers that affected more than 300 brokers cost the software firm £289,000, according to company results.
Neon launches UK’s first ILS vehicle
Lloyd’s carrier Neon has launched the first Insurance Linked Securities vehicle in the UK, NCM Re and raised third party capital to support the UK’s first ILS transaction.
Charles Philipps to leave MS Amlin
Charles Philipps is to step down from his role as CEO of MS Amlin after 19 years.
I work in insurance: Dr Keith O’Brien, behavioural insights lead, Simply Business
As the behavioural insights lead at Simply Business, O’Brien uses behavioural science to improve customer experience and the work-life balance of employees
Analysis: Why Amazon is ready to eat your lunch
Wherever you turn, Amazon seems to be the talk of the town.
Liverpool car park blaze to result in motor claims of £20m
The Liverpool car park fire which destroyed 1400 cars on New Year’s Eve will likely result in motor claims worth £20m, insurers warned.
Markerstudy plans growth as MGA following Qatar Re sale
Markerstudy will expand into the London market as a managing general agent following the sale of its insurance business to Qatar Re.
John Nelson awarded CBE in honours list
Former Lloyd’s chairman John Nelson received an accolade in the Queen’s honours list.
Lloyd Bolam Brokers joins Brokerbility
Macclesfield-based Lloyd Bolam Insurance Brokers has joined Brokerbility.
UK's first sharia-compliant home insurance launches
The UK’s first sharia-compliant home and landlord insurance has been launched by Insure Halal.
Qatar Re to acquire Markerstudy's Gibraltar-based insurance companies
Qatar Reinsurance Company Limited has signed a deal to buy Markerstudy’s Gibraltar-based insurance companies, subject to regulatory approval.
Editor's comment: Will Amazon give a little or take a lot?
I’m a big fan of Amazon. Although I’m not a Millennial, I’m used to getting the products I want delivered to where I want, when I want, without too much fuss.
Broker J Bennet & Son acquires Mathews Comfort & Co
Brokerage J Bennet and Son has acquired Oxford-based Mathews Comfort & Co for an undisclosed sum.
Urban Jungle secures £1m in funding
Insurtech start-up Urban Jungle has completed a £1m seed investment round.
Post Power List 2018
2018 is likely to be a year dominated by data regulation, more Brexit negotiations and further Ogden reform and, as such, the key influencers reflect this
Higos makes fourth acquisition in nine months
Higos Insurance Services has completed the acquisition of GMM Commercial Insurance Services, marking its fourth deal in nine months.
Temp Cover to expand into Europe following MBO
Exclusive: Temp Cover is looking to expand into Europe following its £13.3m management buyout.