United Kingdom (UK)
Motor premiums to fall next year from Ogden and whiplash changes: EY
Motor premiums could fall in 2018 as an expected change in the Ogden rate could reverse some of the losses faced by insurers, EY said.
Insurance firms 'should lower premiums for Tesla cars'
Insurers should lower premiums for Tesla cars owing to increased safety features built into the vehicles, analysts said.
Guidewire 2017: Chatbots could aid in compliance and fraud fighting
Chatbots have the potential to help insurers meet regulatory demands as well as using machine learning to flagg up potentially fraudulent behaviour.
Covéa's Adrian Furness on removing gender barriers
Adrian Furness, claims and operations director at Covéa Insurance, wants his daughter and other women to be able to fulfil their potential, so as an industry leader he's making sure he can feel proud rather than apologetic about the industry’s diversity…
Digital and Insurtech Awards 2017: Winners
The industry’s tech gurus gathered this afternoon for Post’s annual Digital Insurance Awards. The winners are listed below:
Brokers withheld premiums from Enterprise MGA after insurer's collapse
Exclusive: Brokers withheld premiums from Enterprise’s failed managing general agent in the wake of the insurer’s collapse.
This week in Post: Anti-bullying, Amex and IPOs
As the mother of a nine-year-old son who is growing up in a digital world where his life might be played out on social media I was shocked to learn that Childline held over 12,000 counselling sessions with children who were concerned about an online…
Cage fighter's spurious claim knocked out of court
A champion cage fighter has been ordered to pay court costs back to Aviva after his whiplash claim was ruled to be fundamentally dishonest.
Underwriting Service Awards 2017: Winners
The leading lights of underwriting gathered last night at Post’s annual Underwriting Service Awards. The winners are below:
Jelf & Bluefin's Phil Barton on getting back to organic growth
Brokers must get back to their roots of being pillars in the community to achieve organic growth, says Phil Barton, group CEO at Jelf.
Lycetts appoints Charles Foster as CEO
Lycetts has appointed Charles Foster as CEO, subject to regulatory approval.
Blog: 12,000 cries for help on bullying, what can insurers do?
Insurers have a role to play against online bullying, explains Alison Colver, national high net worth underwriting manager at Covéa.
Andrew Fyfe announced as new Ifed chief
Detective chief inspector Andrew Fyfe has been appointed as the new head of the City of London’s Police’s Insurance Fraud Enforcement Department.
Amex winds up its travel insurance business
Exclusive: American Express has placed its travel insurance business into run-off, as part of a wider restructure of its insurance unit.
Charles Taylor opens Leeds office
Charles Taylor Adjusting has opened a new office in Leeds focusing on construction professional indemnity.
MP launches petition to freeze IPT rise
An MP has launched a petition urging the government not to raise the Insurance Premium Tax in next week’s budget.
Insurers 'shouldn't underestimate Amazon'
Insurers shouldn't underestimate Amazon in its plans to expand into insurance, a conference heard.
Guidewire 2017: 95% of investment in distribution 'will be wasted'
Investment made by insurers into new distribution models and technology could be wasted, a conference heard.
Markerstudy makes 27 redundancies at Chesterfield office
Markerstudy has made 27 employees redundant at its Chesterfield site.
Guidewire 2017: General insurance to lead the way in digitalisation
General insurance is 'the ideal industry for digitalisation' because of the resources of incumbents, a conference heard.
GRP appoints Graeme Lalley as CIO
Broker investment vehicle Global Risk Partners has appointed Graeme Lalley chief information officer.
We Go Look set for 2018 UK expansion
On-demand field inspection and verification firm We Go Look is planning to firmly establish its presence in the UK market next year.
Guidewire 2017: Insurers urged to switch to live data
Insurers should look to switch from static data to live data in order to accurately track risks faced by customers.
Interview: Inga Beale, Chartered Insurance Institute
LIoyd’s CEO Inga Beale was elected the 121st president of the Chartered Insurance Institute at the body’s annual general meeting in July.