United Kingdom (UK)
Swinton reports a drop in pre-tax profit during 2016 financial year following 'strategic' transformation
Swinton has reported pre-tax profit of £11.5m in the financial year ending 31st December 2016, down from £15.9m in the same period last year.
Lloyd’s and MGA market are growth areas for Davies Group: Saulter
Davies Group eyes up Lloyd's and MGA market as opportunity for growth, says CEO Dan Saulter.
Eight Bar Financial International acquires Accident Exchange Limited as part of major restructure
Accident Exchange Limited has been acquired by Eight Bar Financial International as part of a major restructure within Automotive and Insurance Group, AEL’s parent company.
This Week in Post: A new world of data awaits
I often find myself targeted by banner ads ranging from pizza takeaways, to – inexplicably - elderly toilet aids.
Davies Group continues spending spree with Ambant acquisition
Davies Group has acquired specialist insurance provider, Ambant Limited, which will see a new insurance division being formed within the group.
Questgates launches real estate division
Questgates has launched a real estate division for property investors and managers in the UK and Ireland.
ERS appoints ex-Pen CUO Martin Hall as active underwriter
Lloyd’s syndicate ERS has appointed ex-Pen chief underwriting officer, Martin Hall, as active underwriter.
Downey replaces Hall as CUO for Pen
Tom Downey has been promoted to chief underwriting officer for Pen Underwriting, replacing Martin Hall.
Manchester Underwriting's Charles Manchester on Grenfell and PI
Manchester Underwriting CEO Charles Manchester examines the possible knock-on effects of the Grenfell Tower tragedy on the professional indemnity market.
Blog: Claims handlers vs robots
Steve Grieve, chief information officer at Claims Consortium Group, explores whether machines really can take over from humans in a claims environment.
Admiral launches home and motor multicover policy
Admiral has launched a Multicover insurance product, combining its car and home insurance into one policy.
Insurers prepare to tackle grey areas of GDPR as consultation opens
Concerns have been raised in the industry over grey areas regarding the implementation of the General Data Protection Regulation.
Axa UK boss Tortuyaux joins RSA France
Former Axa UK boss Gaëlle Tortuyaux has joined RSA France as managing director.
M&S Insurance corrects renewal letter to remind customers to shop around
Exclusive: M&S has contacted its general insurance customers to remind them that they can shop around for cheaper insurance, following the introduction of renewal transparency laws.
Blog: Making cyber relevant
Neil Ross and Delvin Tillett, senior vice-president and assistant vice-president for underwriting at Axis Pro Europe, explain how insurers and underwriters can make cyber policies relevant in today's fast-moving business environment.
International: Battling cyber crime in ports and at sea
Susanna Marsden, claims executive at the TT Club, looks at the causes of cyber crime, risks to ports and ships, as well as the practical issues affecting insurers and brokers.
Police investigating fraud allegation following closure of Ipswich broker
Exclusive: Police are understood to be investigating an allegation of fraud, following broker Ignition Select entering administration.
LV reduces headcount by 400 in £40m cost-cutting drive
LV has reduced its headcount by 400 over the past year as part of a £40m cost-cutting drive.
Insurance growth to drive infrastructure resilience boom: World Bank CFO
Insurance sector efforts to boost coverage in both developed and undeveloped markets has the potential to create more resilient infrastructure and mitigate risks, the World Bank’s chief financial officer has said.
Video: Crif's Sara Costantini on data's impact on pet insurance
Sara Costantini, director at Crif Decision Solutions, discusses with Post commissioning editor Cecile Brisson how data could revolutionise the pet insurance market.
Global firms launch blockchain prototype for reinsurance transactions
The Blockchain Insurance Industry Initiative, B3i, will begin market beta-testing of its reinsurance blockchain prototype for reinsurance transactions.
Reinsurers ‘living off the past’ says AM Best executive
"Concerning" negative trends within the non-life reinsurance market have been hidden by loss reserve development, an AM Best executives has said.
Ogden decision may not curb reinsurance rate rises, says LV's Treloar
The government’s Ogden decision may not curb expected reinsurance pricing rises, LV general insurance managing director Steve Treloar has said.
Harvey highlights insurance penetration shortfall says Aon Benfield
A significant proportion of the flood losses generated by Hurricane Harvey in Texas and Louisiana will be uninsured, highlighting the existence of a global protection gap, Aon Benfield has said.