United Kingdom (UK)
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.
Analysis: NIHL: Make some noise
The fixed-cost regime proposed for noise-induced hearing loss claims is like music to insurers’ ears, although it comes way after the hubbub
Zoopla owner makes failed bid for Go Compare
Go Compare has rejected an offer from Zoopla owner ZPG worth roughly £460m.
Cass-Stephens acquires D Paxman Insurances
Gloucester based Cass-Stephens has acquired commercial broker D Paxman Insurances, its seventh acquisition in the last 15 years.
Direct Group claims director Russell Crewe takes Towergate role in reshuffle
Direct Group claims director Russell Crewe has taken interim responsibility for claims servicing at Towergate Underwriting.
Former Aspen head launches Chord Re MGA
Former Aspen Re head Stefan Long has launched managing general agent Chord Re, which will underwrite on behalf of Neon Syndicate 2468.
Blog: Responsible robots?
Automated processes are feted to be the future of claims handling, but taking the process out of human hands is far from straightforward, as Ed Lewis, partner at Weightmans, explains.
Allianz UK faces £63m Q3 blow from losses and Ogden
Allianz UK faced a combined £63m hit in the first nine months of the year from a series of large losses and the residual impact of the Ogden rate revision.
IPO to keep Sabre on existing track, CEO says
Sabre’s plans for an initial public offering will allow the group to continue its existing broker-focused strategy, CEO Geoff Carter said.
Agora receives approval to begin underwriting in 2018
Agora Syndicate 3268 has received approval from Lloyd’s to commence underwriting business from 1 January 2018.
Ex-ABI chair Paul Evans leaves Axa following restructure
Former chair of the Association of British Insurers, Paul Evans, will leave Axa following a global management restructure.
GRP-backed Alan & Thomas makes first deal
Alan & Thomas has acquired Commercial and General Insurance, its first acquisition since being bought by GRP less than two weeks ago.
Sabre aims to raise £213m through IPO next month
Motor insurer Sabre has confirmed its plans for an initial public offering next month, bringing to a close months of speculation.