Company news
Colin O’Farrell to retire from QBE after 34 years
Colin O’Farrell, chief underwriting officer of insurance for QBE International, will be retiring from the business at the end of this year with deputy CUO Nick Hankin stepping up as interim CUO on 1 January, the provider has announced.
Axa appoints former Bank of Scotland boss as UK retail CEO
Axa UK has appointed Tara Foley as CEO of Retail, replacing Laurent Matras, with effect on 2 November 2020.
R&Q reveals MGA book growth in 2020
Randall & Quilter grew its managing general agent relationships to 36 by the end of the first half of the year, the firm has revealed.
Airmic CEO John Ludlow to step down
John Ludlow, CEO of risk manager association Airmic, is expected to step down in early 2021.
180 years of Post: Loss adjusting after the heydays (part two)
As Post celebrates its 180th anniversary content director Jonathan Swift takes a look back at the highs and lows of loss adjusting through the 1980s and 1990s in the second of a two-part series.
Julie Page named CII president
Aon UK CEO Julie Page has been appointed president of the Chartered Insurance Institute.
Watchstone opens legal claim process against KPMG
Watchstone, formerly known as Quindell, has filed a claim against KPMG in the High Court believed to be related to the accountant’s 2013 audit of the business, which previously led to a £4.5m fine for KPMG and a public reprimand from the Financial…
Nigel Phillips targets CDL growth as digital moves into 'new era'
Technological advancements mean the insurance industry is moving into a new era of digital, CDL CEO Nigel Phillips told Post as he set out that the software specialist is targeting further growth under his leadership.
Jason Harris joins QBE to succeed Richard Pryce in CEO role
Former Axa XL global property and casualty CEO Jason Harris has joined QBE and will take over as QBE International CEO when Richard Pryce steps down.
NFU Mutual names Nick Turner CEO with Lindsay Sinclair set to retire
Lindsay Sinclair will retire at the end of March 2021 after more than 12 years as NFU Mutual group CEO with Nick Turner succeeding him in the post, the insurer has confirmed.
AIG appoints Julie Chalmers as GI head of UK and EMEA claims
AIG has swooped for Chubb’s claims director for Europe, Eurasia and Africa, Julie Chalmers as its head of UK and EMEA claims for general insurance.
The Top 100 UK Insurers 2020
A ranking of the top 100 Prudential Regulation Authority-regulated UK insurance companies, with each business broken down by gross written premium, net written premium, underwriting result, retention ratio, solvency capital requirement and SCR Ratio.
Editor's comment: What a difference a year makes
I’m a firm believer that even when you are facing your darkest days things will be better on the other side and good things will always follow.
Phillips named CEO at CDL and co-founder Tom Hogg steps down as chairman
CDL has promoted commercial director Nigel Phillips to the CEO role with Gary Johnson moving across to be chairman as co-founder Tom Hogg steps down.
180 years of Post: Loss adjusting after the heydays (part one)
As Post celebrates its 180th anniversary, content director Jonathan Swift takes a look back at the highs and lows of loss adjusting through the late 1980s to the early 2000s
Ex-Axa boss Paul Evans named Allianz Insurance and LV GI chairman
Paul Evans, former UK and group CEO at Axa, has been appointed as non-executive chairman of Allianz Holdings.
Ardonagh to sell Bennetts after CMA ruling
Ardonagh has offered to sell motorcycle specialist Bennetts to address the concerns of the Competition and Markets Authority and avoid a “long, burdensome and expensive phase two enquiry”.
Interview: Penny James, Direct Line Group
Direct Line Group CEO Penny James spoke to Jen Frost about overseeing the business’s transformation programme under coronavirus, the group’s acquisitive appetite and having a healthy curiosity
Bupa’s CS Healthcare takeover clears CMA hurdle
The Competition and Markets Authority has approved the proposed merger of Bupa Insurance and CS Healthcare with the pair hoping to complete the deal in January next year.
Swiss Re reveals further group streamlining
Swiss Re has announced plans to reorganise the legal entity structure of its corporate solutions business unit.
Insurers urged to rewrite flexible working rules
Insurers have been urged to review flexible working policies and consult with staff to capitalise on positive changes to working practices during Covid-19 disruption.
Aviva’s Patrick Tiernan named IUA chair
Partick Tiernan, managing director UK commercial lines and global corporate and specialty at Aviva, has been elected chairman of the International Underwriting Association.
A-Plan buy cost 'approaching £700m', Howden confirms
Howden’s purchase of A-Plan for “approaching £700m” has created a business of scale that is a true “challenger broker”, according to David Howden, CEO of Hyperion Insurance Group.
Enterprise faces £31m claims hit from Icebreaker tax avoidance scheme used by Take That
The liquidators of Gibraltar insurer Enterprise have predicted a £31m claims hit from tax avoidance scheme Icebreaker used by Take That and other wealthy creative industries professionals, Post can reveal.