United Kingdom (UK)
Direct Line tops the poll for new GI complaints
Direct Line, Aviva and Ageas are among the firms to have the most new GI complaints made about them to the Financial Ombudsman in H1.
Join our live webinar on diversity
Post has teamed up with the Chartered Insurance Institute for a webinar on diversity and inclusion in the industry.
Construction and engineering MGA Ensurance launches in UK
Construction and engineering managing general agent Ensurance has launched in the UK this month.
Ingenie to expand telematics footprint, announces tie-up with Ageas’ Back Me Up
Exclusive: Young driver and telematics specialist Ingenie is poised to branch out into non-motor products and expand its underwriting footprint to older UK drivers.
Analysis: Repair costs
The questionable practice of marking up at-fault repairs continues, despite resistance in some quarters. Will this status quo ever be challenged?
Rising Star: Lauren Peel, Aviva UK digital
Lauren joined Aviva through a graduate scheme and she has gone from strength to strength in its digital arm
Analysis: How data is changing pet insurance
Telematics and the use of Big Data has been commonplace in the young drivers’ segment of the motor insurance market. Now the same approach to data collection and analysis is being introduced to pet insurance
Analysis: Pet insurance: fetching data
Customer profiling is key to accurately assessing insurance risk, capturing fraud and improving the pet owner’s insurance experience
R&Q to continue trend of disposals and acquisitions in H2
R&Q will continue to dispose of non-key assets in the second half of the year following a 345% increase in pre-tax profit in H1.
Helvetia posts 8% boost in profits for H1
Swiss insurance group Helvetia increased its profits by 8% to SFr 258m (£208m) in the first half of 2017.
Ransomware attacks account for 25% of all hacks across UK businesses
Ransomware hacks now account for 25% of cyber attacks in the UK, according to research.
R&Q profits up by 345% in H1
Randall & Quilter has seen a 345% increase in pre-tax profit in H1 over the same period last year.
Analysis: Back to school 2
In the second part of our Back To School Q&A, insurance big names recollect their most hated topics at school and what kind of work experience they did (find out which CEO swept roads as a summer job). They also share their ideas on how to improve the…
Dive In Festival: Insurers taking the plunge
Every year, insurers pledge their commitments to the drive towards diversity in the annual Dive In Festival. But is this empty talk?
Charlotte Halkett moves to BuzzMove sister company as it looks to move into household insurance
Ex-Insure The Box communications general manager, Charlotte Halkett, has been appointed as managing director of insurtech company BuzzVault as it looks to expand into household insurance.
MGR names Vasquez head of international underwriting
Mapfre Global Risks has named Carlos Vasquez as international head of underwriting.
Worry+Peace enters partnership with SchemeServe
Cloud-based insurance software provider SchemeServe has entered a partnership with insurtech start-up, Worry+Peace, to provide brokers access to distribution channels.
This week in Post: Thoughts with Texas
The world watched with horror last weekend as Hurricane Harvey made landfall, its high winds bringing devastation to Texas. It’s been downgraded to a tropical storm but the floods from its torrential rains continue to wreak havoc.
UK Insurtech investment brings in £218m in the first half of 2017
Investment in UK insurtech has increased to £218m in the first half of 2017 compared to £7.3m in the previous year.
Marshall Wooldridge acquires Sheffield-based ECS Brokers
Broker Marshall Wooldridge has acquired ECS Insurance Brokers a year on from itself being acquired by Global Risk Partners.
Mike Reeves joins Vericlaim's international business development board
Mike Reeves, has joined the international business development team of Vericlaim’s parent company, Sedgwick, after spending 40 years at Crawfords.
Zurich appoints Alison Martin as group chief risk officer
Zurich has appointed Alison Martin as group chief risk officer, effective January 2018.
Lloyd's premiums predicted to decline
Premium growth at Lloyd's is likely to slow as competition intensifies and economic growth remains tepid, according to Moody's Investors Service.
Consortium acquires Canopius from Sompo for $952m
Canopius has been acquired by a private equity consortium led by Centerbridge Partners and including the private investment firm Gallatin Point Capital for $952m (£736.5m).