Brexit
Insurance M&A transactions totaled £4.5bn during first half of 2018
The UK’s financial industry completed 83 M&A deals during the first half of this year, with insurance M&A totaling at £4.5bn.
Blog: What legacy will Lloyd's CEO Inga Beale leave behind when she departs in 2019?
Jonathan Swift looks back on how Inga Beale's time as Lloyd's CEO Inga Beale might be remembered using a jukebox stacked with her own Desert Island Disc selection
This Week in Post: cars and courts
As Britain is basking in glorious summer, the sun is also shining on the motor insurance market.
FCA preparing for range of Brexit scenarios
The Financial Conduct Authority has revealed that it is continuing to prepare for a range of post-Brexit scenarios, including a no deal scenario which would see the UK leave the EU on 29 May 2019 with no agreement or transitional arrangement in place.
CPD module - GDPR: Legal Update: How the GDPR is going to change the lives of insurers
Insurers will face stricter data rules but these may help them grow the cyber market, write Mark Estafanous and Kate Payne, solicitor and partner at Elborne Mitchell.
London market bosses to prioritise modernisation
Market modernisation, underwriting systems upgrades, and Brexit preparations are the top three 2018 priorities of Lloyd’s market chief operating officers, according to survey findings.
Post-Brexit clause could minimise claims disruption
The International Underwriting Association has published a Brexit contract continuity clause, to tackle claims disruption that could occur with an end to passporting post-Brexit.
This week in Post: Bullying, Brexit and big predictions
This week in Post, the government said that it is considering plans to exclude cyclists and vulnerable road users from the proposed £5000 limit on fast track claims.
The CILA’s Malcolm Hyde on maintaining the value of UK qualifications post-Brexit
Professional qualifications play an essential role in building industry trust and recognition on the global stage, says Malcolm Hyde, executive director of the Chartered Institute of Loss Adjusters, however, the UK’s Brexit vote could put this into…
Interview: Simon Walker, 1st Central
It’s been 10 years since motor broker 1st Central launched in the UK, with policies sold exclusively over the phone or the internet. Simon Walker, who became CEO of parent company First Central Group in January, expects online giants like Amazon or…
RSA outlines plans to transfer commercial EU business to Luxembourg
RSA's UK business will transfer all of its passported business for commercial customers to its recently approved post-Brexit hub in Luxembourg.
CNA Hardy's Dave Brosnan on beating the bunker mentality
Business executives are underestimating supply chain and terror risks, writes CNA Hardy's CEO Dave Brosnan, urging them to beat the bunker.
RSA Luxembourg gets thumbs up from regulator
RSA’s Luxembourg insurance hub has been granted approval by the country’s regulator, the Commissariat aux Assurances.
QBE Brussels subsidiary granted regulatory approval
QBE Europe has received approval from the National Bank of Belgium to set up a subsidiary in Brussels.
Lloyd's Brussels gets regulatory green light, Vandendael named CEO
Lloyd’s has received regulatory approval from the National Bank of Belgium for its Brussels subsidiary.
Brokers must analyse customers' exposure to Brexit
A panel of experts has told brokers at the British Insurance Brokers' Association annual conference that they need to be preparing for the UK's exit from the European Union and analysing their customers’ exposure.
UK motorists won’t have to apply for green card after Brexit
Drivers and truckers may not need to apply for a ‘green card’ in order to remain insured while driving in the European Union after Brexit.
QBE's Chris Wallace on IDD as a new dawn for customer engagement
The Insurance Distribution Directive gives insurers a platform to engage with customers and to do so with transparency, writes Chris Wallace, executive director of Europe at QBE.
Analysis: Covering collapses - Trade credit claims are rising
Last year, trade credit insurance payouts hit their highest level in nearly a decade, with claims costs running at the equivalent of £4.3m every week.
State of the Broker Nation 2018: Probing broking
Michèle Bacchus spoke to brokers to find out their thoughts on regulation, their trade body and their opinion of the UK insurance market
Interview: Edmund Dilger, Policy Castle
Digital household insurance broker Policy Castle is on the hunt for funding as it looks towards partnering with high street brokers and large insurers.
Lloyd’s starts hiring for Brussels subsidiary
Lloyd’s has started hiring staff for its Brussels subsidiary.
This week: Proceedings and premiums
This week the UK has been focused on court cases and Inquiries.
AIG moves European business to new UK and Luxembourg units
AIG has formed new insurance companies in the UK and Luxembourg that will see all business transferred to the new entities ahead of the UK leaving the European Union.