Company news
Esure's Peter Wood admits 'disappointing result' as insurer sees a loss of £15.4m for 2018
Motor-heavy Esure faced a “disappointing” year that saw claims costs mount and its solvency coverage ratio dip.
McLarens appoints Graham Smart and Steven Wallace to new leadership roles
Steven Wallace has been appointed managing director for UK & Ireland, replacing Graham Smart who will take on the role of chief commercial officer for the wider group.
Interview: Amanda Blanc, Zurich
Amanda Blanc’s move from Axa to Zurich was perhaps the most talked about people move of 2018. The Association of British Insurers chair spoke to Jen Frost about her plans for the business in the coming year
Plexus Law secures £15m private equity backing
Plexus Law has secured a £15m private equity investment from Origin Equity for a minority shareholding in the business.
Marsh completes JLT acquisition
Marsh & McLennan has completed its $5.6bn acquisition of JLT.
Jelf CEO Phil Barton replaced by Anthony Gruppo
Marsh has appointed Anthony Gruppo as CEO of Jelf, as Phil Barton steps down with immediate effect.
Claims Apprentice 2019: Episode 3 - Diversity & Inclusion
With Team Fortitudo emerging successful after the Debate challenge last week, the apprentices now move onto their second task.
Lloyd’s hit with £1bn loss in 2018
Lloyd’s of London was slammed with another vast loss in 2018, following on from its £2bn loss in 2017.
Lloyd's will ban perpetrators of sexual harassment for life
Lloyd’s has developed a plan of action to create a ‘safe and inclusive’ working environment, following reports of sexual harassment, which could include lifetime bans for perpetrators.
Blackrock ups stake in Direct Line
US asset manager Blackrock has upped its stake in UK insurer Direct Line to 10.13%.
Scor forced to defend its CEO over leaked activist investor proposals
Scor has called on its shareholders to reject resolutions drafted by activist investor CIAM to oust its CEO.
Aston Lark snaps up Dorset broker
Aston Lark has bought personal lines broker Highworth Insurance.
Marsh gets regulatory green light for JLT acquisition
The European Commission has given the green light for Marsh's JLT acquisition.
NFU Mutual reports financial loss of £290m
NFU Mutual has reported a financial loss of £290m in 2018, compared to a profit of £540m the year before.
Keith Williams leaves Aviva for Royal Mail
Keith Williams will step down from his role as Aviva’s chair of the audit committee and a member of the nomination, governance and risk committees on May 22.
Marsh raises further debt to fund JLT acquisition
Marsh & McLennan is looking to raise more capital to fund its JLT acquisition, having announced its second senior notes offering in the space of a week.
LV sees GI profit slip on back of claims inflation
LV has seen general insurance operating profit fall 10% in 2018 due to an "adverse claims experience".
Joe Grogan appointed executive chairman of Marsh Ireland
Joe Grogan is to become executive chairman of Marsh Ireland, while JLT’s Patrick Howett will become CEO.
Claims Apprentice 2019: Episode 1 - Meet the teams
After 30 interviews involving rising insurance stars from up and down the country, the field has been whittled down to six candidates, all competing for the prize of becoming the 2019 Claims Apprentice.
Axa’s SME trading centres put 106 jobs at risk
Axa is putting 106 jobs at risk with the creation of two small and medium enterprise trading centres in Bolton and Ipswich.
Argo Global appoints EMEA CUO
Argo Global has appointed Alfredo Alonso as chief underwriting officer for Europe, the Middle East and Asia.
Sedgwick acquires entertainment loss adjuster
Sedgwick has acquired entertainment insurance loss adjuster Adams Media Loss Adjusting.
This month: Seeking the right fit
I’m a fan of making sure stuff is the right fit - I make a point of trying on new outfits in my own home with accessories and shoes to make sure it all works for me. I also test drove my new car a few times to check it was what I wanted. Aon, however,…
Blog: International Women's Day - the value of gender diversity
Today millions of people will be celebrating International Women’s Day and with this year’s theme focusing on the need to create a more gender-balanced world, it’s fair to say this is very relevant for the insurance industry.