United Kingdom (UK)
Blog: Insurers should support replacement of lead pipes
Insurers should fund the replacement of lead pipes, instead of having them repaired, urges Chris Cowen, client relationship manager at Auger, arguing this will cut claims in the long term.
This Week in Post: Is there a driver on board this truck?
Living in South London, I’m in an on-off relationship with my broadband connection. My unreliable web access is irritating – although it is probably not as bad as in certain rural areas.
Allianz employees given suspended sentences for leaking customer data to CMCs
Five people, including three Allianz employees who made £7000 from leaking more than 700 pieces of confidential data, have been sentenced for bribery offences.
Insurers welcome government's self-driving lorry trials
The government has greenlighted a project which will see self-driving lorry “platooning” trials on UK roads by the end of next year.
Axis increases Novae takeover offer to 715p per share
Axis has improved its cash offer to acquire Novae to 715 pence per share valuing the Lloyd’s listed insurer at approximately £477.6m.
Aviva sells stake in Italian insurance business
Aviva has sold its stake in its Italian joint venture Avipop Assicurazioni SpA.
Towergate's Joe Thelwell on lessons in resilience
Towergate has been through some tough times but its advisory CEO Joe Thelwell believes this has shaped the firm for the better.
Blog: How brokers can make marginal gains through technology
Brokers can use technology to make marginal gains that will add up in the long term, making their business a success, writes Ed Pugh, sales & marketing director at Red Crake.
Motor premiums to rise while government delays Ogden consultation feedback
The Ministry of Justice’s decision to delay the Ogden consultation feedback may push motor premiums up.
Price and level of cover most important factors when shopping for a new policy, customers say
Price and level of cover are the primary concerns for customers when shopping for insurance, according to research from QuickPages
Vnuk ruling could lead to next hunting ground for CMCs, ABI warns
The Association of British Insurers has warned that the Vnuk ruling could lead to the next ‘lucrative hunting ground’ for claims management companies due to the vagueness of implications.
Majority of risk managers unprepared for major claim
Under half of risk managers are prepared for a major claim, a survey has revealed.
IPT spurs fastest rise in home premiums in three years
Changes to insurance premium tax have spurred the fastest rise in home premiums in three years.
MIB urges European Commission to take action against consequences of Vnuk ruling
The Motor Insurers’ Bureau has urged the European Commission to take action against the unmitigated consequences of the Vnuk ruling.
Analysis: Insurers want PI to be left out of the European services e-card
The European Commission wants to create a professional indemnity certificate for cross-border activities but insurers and brokers find the proposal unworkable.
Aviva Ventures invests in US connected homes start-up
Aviva Ventures marks its first investment in the US market by leading a $10.4m series B investment into telematics company Roost.
Aviva names Nick Major as global corporate and specialty CUO
Aviva has named former Zurich chief underwriting officer Nick Major as CUO for the its global corporate and specialty division.
Allianz Worldwide Care launches AI symptom checker to drive paperless claims process
Allianz Worldwide Care has implemented an Artificial Intelligence-driven symptom checker service into its My Health app to provide customers with a paperless claims process and medical advice.
Perils pegs Storm Thomas loss estimated at €249m
Perils has pegged insurance and reinsurance industry losses for Storm Thomas at €249m (£229m).
Global Reinsurers feel the pressure in H1
Global reinsurers continue to feel the pinch of sustained pricing and earning pressure at the half year results, according to Fitch Ratings.
Nexassure to open specialist MGA in London
Singapore-based MGA Nexassure is set to open a specialist managing general agent in London.
Analysis: Aviation insurers prove adaptable
Insurers are adapting to aviation's latest trends, despite low premiums.
Ecclesiastical reports hike in pre-tax profit to £42.2m in H1
Ecclesiastical has reported an increase in pre-tax profit to £42.2m during the first half of this year compared to £15.2m last year.
Updated: Zurich looks to cut headcount in HQ reshuffle
Zurich Insurance could cut the headcount in its Swiss corporate centre as part of a process to streamline the finance department.