Brexit
Green light for UK-US insurance trade deal
Insurers have welcomed a deal that will preserve cross border insurance and reinsurance contracts between the UK and US.
Analysis: The mystery of the missing Insurance Fraud Taskforce report
Three years ago, the government established an Insurance Fraud Taskforce with much fanfare. However, in the last 18 months, the project has gone quiet. A report from the latter half of 2017 has yet to be published. Post looks at what the holdup is.
Analysis: The Arron Banks show
No stranger to controversy, Arron Banks is back in the news and under the spotlight with allegations and appeals
Motor insurers move to allay no deal Brexit green card fears
Motor insurers are preparing to issue potentially millions more green cards in the case of a no deal Brexit.
Brexit stockpilers face 'huge risk of underinsurance'
Exclusive: Businesses that stockpile goods in preparation for potential Brexit-related disruptions are leaving themselves at risk of being underinsured, brokers have warned.
Arron Banks’ BBC appearance generated 'thousands' of complaints
Exclusive: BBC data has shown that Arron Banks’ appearance on the Andrew Marr show received 521 complaints during or after transmission, but “thousands” more complained before it was aired according to Newswatch.
Analysis: Review of 2018
The spectre of Brexit loomed large over the insurance sector this year, and although the picture is still no clearer in terms of how the UK market will continue to trade with Europe after 29 March 2019, significant merger & acquisition activity was among…
This Week: We'll be watching you
At long last, the Civil Liability Bill cleared its final parliamentary hurdle this week, opening the way for a much-awaited review of the personal injury discount rate.
QBE's Chris Wallace on being prepared for Brexit
No one knows what Brexit negotiations will yield. However, Chris Wallace, executive director for European markets at QBE, says companies should be prepared for the opportunities the UK leaving the European Union can bring.
This week: No alarms and no surprises
After more than two years of contingency planning, this week’s news that a proposed Brexit deal was likely to lead to a loss of passporting was met with no more than a shrug of the shoulders.
Passporting ‘unlikely’ under terms of Brexit deal
Insurers are calling for greater clarity over a Brexit deal on financial services that could see a loss of passporting.
Blog: And the next CEO is…?
There continues to be change at the top of the UK's insurer board rooms. But instead of relying on the tried and tested recruitment strategies of the past, Consumer Intelligence's Ian Hughes suggests a more meaningful strategy to get the most out of your…
Interview: Ian Muress, Sedgwick International
Having left Crawford in April 2017 after 15 years at the firm, Ian Muress resurfaced in January as CEO of Sedgwick International, a claims business he describes as the largest of its kind "on the planet". He spoke to Jonathan Swift about why people…
Aviva to transfer 1.39m policies to Irish post-Brexit hub
Exclusive: Aviva is planning on transferring 1.39 million policies it currently writes in the UK and Europe to its Ireland business.
Eldon and Leave.EU facing combined £135,000 fines by ICO for ‘serious breaches’
Eldon Insurance and Leave.EU are both facing fines of £60,000 for alleged “serious breaches” of marketing regulations, while Leave.EU faces an additional £15,000 fine.
Hiscox reveals $15m spend on Brexit preparations
Hiscox has spent $15m preparing for business after Brexit, the specialist insurer disclosed in its third quarter trading statement.
Arron Banks faces criminal investigation over Brexit financing
The National Crime Agency has opened an investigation into Eldon Insurance boss Arron Banks, following a referral from the Electoral Commission.
Analysis: Insuring for Brexit
How can insurers help customers facing Brexit uncertainly when they themselves face taking a blind bet on whether the UK will face a hard or soft deal when leaving the European Union? David Worsfold investigates.
Q&A: BLM's Matthew Harrington and Alistair Kinley
Against a backdrop of changing client demands, political uncertainty and new legislation, Jonathan Swift caught up with BLM senior partner Matthew Harrington and director of policy and government affairs Alistair Kinley to discuss how the law firm is…
AIG's post-Brexit restructure given green light
AIG has received judicial approval to split its European subsidiary into two new entities, as the insurer prepares for business after Brexit.
Car and home insurance rates both fall despite uncertainty: AA
The average shop-around premium for annual comprehensive car insurance dropped 3.9% over the third quarter of 2018, while home premiums also decreased by 1.2%, according to the AA British Insurance Premium Index.
Dual pricing: Interview: Jonathan Davidson, Financial Conduct Authority
Insurance has come under fire for the way it prices policies. Jonathan Davidson, director of retail at the Financial Conduct Authority, discusses the problem with Martin Croucher
Axa XL moves European operations to Ireland ahead of Brexit
Axa XL has received authorisation from the Central Bank of Ireland to move its European operations from the UK to Ireland ahead of 29 March 2019, when the UK is due to leave the European Union.
IUA reports London company market growth of 16%, largest seen for five years
The total premium either written or controlled by the London company market has risen to £26.31bn – a 16% increase – according to the International Underwriting Authority's new statistics report.