United Kingdom (UK)
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.
Validus adds RSA to its subrogation community
RSA has become the latest insurer to sign up to Validus' Verify portal.
IGI Holdings reports improvement in COR despite 'challenging market'
Dubai registered International General Insurance Holdings Limited has reported an improvement in its combined operating ratio from 89.8% in H1 2016 to 81.9% during H1 of this year.
Ascot launches specialty MGA Ethos
Ascot Group has created a standalone managing general agent and appointed Michael Sillat as CEO, effective 1 December 2017.
More than half of insurers now use My Licence
With 52% of insurers using My Licence, the Motor Insurers' Bureau hit its adoption target for the platform in Q2.
Airmic's John Ludlow on the success of the Insurance Act
John Ludlow, CEO of the Association of Insurance and Risk Managers, looks at the successes and failures of the Insurance Act, which came into force a year ago.
Verisk acquires Sequel from HG Capital for £250m
Data analytics provider, Verisk Analytics has decided it will acquire UK software provider, Sequel, from Hg Capital and other shareholders for £250 million.