Motor broker Sure Thing Insurance Services made a loss of £2.1m in its final year ahead of the sale to Qmetric Group’s Policy Expert last June.
Allianz has completed the purchase of LV general insurance group and the general insurance division of Legal & General, with Mike Crane to head up L&G GI.
Fifteen months ago Claudio Gienal stepped up to the role of CEO of Axa UK and Ireland, but he’s taken his time to reveal his strategy for the firm. He spoke to Stephanie Denton about why clarity, diversity and adding value really matter to him
In its report and accounts for the financial year ended 31 March 2019, broking group GRP reported a 48% increase in turnover to £112.1m (2017/2018: £75.9m), a rise in operating profit £27.8m (2017-18: £10.2m), and the equivalent EBITDA from the group’s…
The Prudential Regulation Authority has rolled out special requirements for Lloyd’s after it emerged that the only anonymous whistleblowing channel for the corporation’s staff did not work for over a year.
David Hynam, CEO of Bupa Global & UK, has become the first signatory of a government-backed pledge designed to improve diversity within UK businesses.
George Culmer is set to become senior independent non-executive director at Aviva when incumbent Glyn Barker retires from the insurer’s board at the end of the year.
Andrew Bailey, CEO of the Financial Conduct Authority, will take over from Mark Carney as governor of the Bank of England in March.
Peter Zaffino will become president of insurer AIG in the New Year.
Macquarie Group now holds 5.32% of Watchstone Group, according to a stock exchange filing.
Hastings’ former group chief financial officer, Richard Hoskins, will join BGL as an independent non-executive director in January.
Belfast-based Willis Insurance and Risk Management has bought Leeds firm Hale Kavanagh Insurance Brokers for an undisclosed sum.
Arron Banks’ Eldon Insurance Services has rebranded as Somerset Bridge Insurance Services after receiving approval from members and the Financial Conduct Authority.
Former Zurich CEO for EMEA and global banking partnerships and Axa UK and Ireland CEO, Amanda Blanc is joining insurtech Trov as a senior adviser.
Pukka Insure stopped writing new business with Gefion in July, replacing it with two A-rated carriers.
Unrated Danish insurer Gefion Insurance must have liquid assets of at least €5m by the end of the year amid fears by the regulator that the company has “serious liquidity problems.”
David Richards has been named as Allianz’s UK IT director.
Berlin-based insurtech Wefox will be opening an innovation hub in London before the end of the second quarter next year, a spokesperson confirmed to Post after the business raised a further $110m (£83.7m) in its latest funding round.
Richard Rowney has stepped down as CEO of LV and will leave the insurer at the end of the year after 13 years at the company.
PIB has bought credit insurance specialist CMR Insurance Services and health and safety consultancy firm Sue Smith.
Aston Lark has bought Wright Insurance Brokers in Ireland, its second deal in the country having snapped up Dublin-based Robertson Low this January.
Arch Insurance has made Stuart Danskin director of underwriting for its UK regional division, which was formed at the start of this year.
Chubb has promoted Louise Joyce to head of industry practices for the UK & Ireland, succeeding Karen Strong who has left the business.
Former Esure deputy chair Shirley Garrood is no longer a director at the insurer, Post can reveal.