United Kingdom (UK)
Compare the Market to face probe over insurer contracts
Compare the Market has been named as the company at the centre of a legal probe by the competition watchdog.
PIB buys MGA Aqmen
PIB has bought specialist managing general agent Aqmen, its 11th acquisition in 17 months.
Lloyd's names Scor cat modeller as risk aggregation chief
Lloyd’s of London has named Scor’s EMEA catastrophe head, Kirsten Mitchell-Wallace as head of risk aggregation.
Axis unveils £468m Novae acquisition timeline
Axis has announced the timeline for its £468m acquisition of Novae.
Competition watchdog opens legal investigation into comparison site
The competitions watchdog has opened a legal investigation into how one price comparison site has set up its contracts with insurers.
Applied Net 2017: Cyber security programmes becoming an increasing priority
Effective cyber security programmes are becoming an increasing priority for businesses as cyber-attacks grow, a conference heard.
Uber boss Breakwell takes the wheel at AA
Former Uber boss Simon Breakwell has been appointed CEO of the AA, as the company announced flat H1 results.
Spotlight: Vehicle hire: What is best practice for today’s insurance market?
A positive customer experience is never more important than at the point of claim. James Roberts, business development director for insurance at Europcar UK, explains how following best practice in replacement car hire can create this.
Spotlight: Motor insurance: What will changes in mobility mean for replacement cars?
Replacement cars face an uncertain future as individual car ownership recedes and mobility changes
Applied Net 2017: Brokers must invest in technology to grow valuations
Brokers need to invest in technology to grow the valuations of their businesses as the market continues its trend of consolidation, a conference heard.
Thomas Miller Specialty launches general aviation business
Thomas Miller Specialty has taken aim at the aviation insurance sector with the launch of a general aviation facility.
AIG to restructure operations into three units
AIG is restructuring its business into three separate units and is disposing of its commercial and consumer businesses.
Co-op Insurance names former Axa CEO Hubbard as chair
Co-op Insurance has named former Axa CEO Peter Hubbard as chairman of the board.
Dive In 2017: Workplace culture 'needs to change', says insurance sector
Seven out of ten insurance professionals believe their workplace culture needs to change, according to survey findings.
Ogden reform could see fewer shocks to industry
Ogden reform could see fewer shocks from discount rate changes in future, AM Best said.
Ex-Aviva and Suncorp CEO Patrick Snowball joins Sabre board to help oversee IPO - updated
Exclusive: Motor insurer Sabre has recruited UK insurance veteran Patrick Snowball – a man who once sold the business - to its board as it gears up for its IPO.
RSA's James Gearey on finding the right balance
After a 10-year break from general insurance, James Gearey, managing director of commercial risk solutions at RSA, finds the industry has moved on a lot but still needs to work on responsiveness and communications with customers.
Foil's Nigel Teasdale on engaging with Europe after Brexit
The UK's Brexit Withdrawal Bill is making its way through parliament but Nigel Teasdale, president of the Forum of Insurance Lawyers and partner at DWF, believes this will make interactions with the European Union even more important for the insurance…
Week in Post: Cancelled flights, closed doors and canned ads
My dad was one of 400,000 passengers affected this week by air traffic control delays, bad weather and a backlog in employee holidays for the delay, which lead to budget airline Ryanair cancelling 50 flights a day for the next six weeks.
Skuld and Asta launch Agora syndicate 3268
Marine insurer Skuld and third-party managing agent Asta have received in principle approval from Lloyd’s to establish Agora syndicate 3268.
Saga reports 5.5% rise in first-half underlying profit
Over-50s travel and insurance company Saga reported a 5.5% rise in first-half pre-tax profit, driven by strong demand for holidays among older Britons.
Capsicum's Chris Hardcastle on the capacity struggle facing MGAs
Managing general agents are popping up all over the place but capacity is coming under pressure. Chris Hardcastle, managing director of Capsicum Delegated Authority, asks if there is enough capacity to go round.
Blog: Barriers to disruption and how to hurdle them
Legacy systems and industry culture are preventing incumbents insurers from innovating, writes Jane Disney, financial services industry value engineer at SAP, urging the sector to rethink itself as support services.
Pioneer and Asta to establish Lloyd's syndicate
Pioneer Underwriters and Asta have received “in principle” approval from Lloyd’s to establish a syndicate.