United Kingdom (UK)
IPT rise would hit rural communities the hardest
Further increases in the rate of Insurance Premium Tax in the Chancellor’s forthcoming budget would hit farmers and rural communities disproportionately, NFU Mutual has warned.
Spotlight: Drones: Taking flight
Fast food and parcel deliveries by drones seemed a fantasy just a couple of years ago but it is now close to reality. Wherever you look, they are in the air. They are being flown by leisure users, the French police, UK lifeboats, Indian railways, oil rig…
Rising Star: Louise Chadwick, Auger
Chadwick is internal operations manager at the drainage and water mains claims specialist
Insurers hit out at FSCS consultation
The Association of British Insurers has hit back at proposals from the Financial Conduct Authority that insurers contribute towards costs of intermediary failure under the Financial Services Compensation Scheme
Career Development: Lloyd's graduate programme
Lloyd’s has opened applications for its 2018 graduate programme
Career File: Martin Oliver & Gareth Birch
Martin Oliver to be replaced by Gareth Birch at Arthur J Gallagher
Market Moves: November
Some of the movers and shakers in the market this month
Aon to acquire Henderson Insurance Broking Group
Aon is set to acquire Henderson Insurance Broking Group.
R&Q takes on Prosight Lloyd's syndicate in run-off
R&Q has reached an agreement with Prosight Specialty Insurance to manage Syndicate 1110 in run-off.
Wrisk crowdfunds half a million in under five days
Wrisk has hit its £500,000 crowdfunding target in under five days.
IPT raising £4.8bn a year
Insurance Premium Tax is raising £4.8bn a year, or £179 per household, new research has found.
Blog: LV's Sue Jones on her fraud-fighting career
Sue Jones, head of GI fraud strategy at LV, explains how fraud became an industry focus.
Spotlight: ADAS webinar: Negotiating the potholes of automated driving
A panel of motor experts discussed the challenges of repairing cars equipped with Advanced Driver Assistance Systems, at a webinar organised by Post in association with Auto Windscreens.
Spotlight: ADAS: Safety first
Rupert Armitage, managing director of Auto Windscreens, argues Advanced Driver Assistance Systems need to be recalibrated by manufacturers, and not the aftermarket
This week in Post: Mergers, Microbreweries and Millennials
This week, the cold has crept in and we are bringing back our winter coats while shoving on our summer clobber to one side.
HW Wood bolsters London business
Lloyd’s broker HW Wood has bolstered its London business through three senior market hires.
Lloyd’s backs Barbican and Toa Re SPA
Toa Re and Barbican have received ‘in principle’ approval from the Lloyd’s Franchise Board to establish Toa Re Special Purpose Arrangement.
MPs urge PRA to review Solvency II
The Prudential Regulation Authority must develop proposals to remove the limitations of Solvency II for the insurance market, MPs have said.
Hastings sees GWP growth continue into Q3
Hastings has seen a 25% spike in gross written premiums over the course of the year, up to £714m from £572.8m for the same period in 2016.
Willis Towers Watson’s Alastair Swift on Blockchain, smart contracts and transactional efficiency
Blockchain and smart contracts could help the insurance industry increase the efficiency of its transactions and data analysis, explains Alastair Swift, head of corporate risk and broking, GB, Willis Towers Watson.
Blog: Reacting to turmoil
Michael Lynch, head of partnerships for Minster Law, believes insurers can bring certainty to those they help.
Davies Group acquires Service Tick
Acquisitive insurance service provider Davies Group has acquired analytics firm Service Tick.
Tractable launch automated damage estimating technology
Following its partnership with Ageas, Tractable has developed an artificial intelligence-driven damage repair estimation technology.
Commercial vehicle specialist Tradewise secures £20m investment from Harwood Private Equity
Tradewise Insurance Group has secured a £20m investment deal with Harwood Private Equity.