Insurer
Industry airs 'rule-taker' Brexit concerns as Conservatives steam to victory
The insurance industry has welcomed greater "clarity" moving forwards following the results of General Election 2019, which saw the Conservative Party led by Prime Minister Boris Johnson win by a significant majority, but continues to express concerns…
Blog: Aviva, ERS, ? … What Amanda Blanc did next
Her appointment as a NED of Aviva triggered one former colleague to boast 'It’s coming home, it’s coming home, insurance is coming home'. Jonathan Swift reflects on what lies ahead for Amanda Blanc here, at ERS and where she might pop up next.
Insurtech 100: August - October 2019 quarterly update
As a host of firms featured in the top 100 insurtech ranking raise money, develop new products and spin-off their own start-ups, Matt Connolly, founder and CEO of Tällt Ventures argues that incumbents are been left behind as the insurance sector reaches …
This month: Discount rate, driverless vehicles and digitalisation
As 2019 draws to an end, everyone is thinking about what the new year may hold for them, whether it's an exciting new job or simply committing to some small lifestyle changes. One person who has set some plans in motion for 2020 is former Zurich and Axa…
Regulators consult on operational resilience
Insurance is one of the sectors under the spotlight in a shared policy summary and joint consultation by the Financial Conduct Authority, Prudential Regulation Authority and the Bank of England on incoming requirements to strengthen operational…
Chubb promotes Louise Joyce to head of industry practices
Chubb has promoted Louise Joyce to head of industry practices for the UK & Ireland, succeeding Karen Strong who has left the business.
Amanda Blanc lands second NED role
Amanda Blanc will join specialist motor insurer ERS as a non-executive director on 2 January 2020.
Blog: If the market is serious about stamping out harassment it cannot reward bad behaviour
For a market suffering from serious reputation issues when will insurance learn it must start making serious changes?
Analysis: We Work and Softbank saga could push insurtechs and insurers to partner up
Amid rumblings in the tech sector and trouble at We Work, which could drive more insurtechs to seek a sale to incumbents, Lemonade has reportedly put its initial public offering on hold.
Insurers warned to take action to reduce exposure to cyber risk
The insurance sector must take action to reduce exposure to cyber risk and ensure it is future-proofed, according to research.
Interview: William Stovin, Markel International
As Markel International gears up for more growth across its national markets business and looks to build on its presence in Europe, Jen Frost spoke to Markel International president William Stovin about the history of the business and why Brexit has…
Cuvva aims to bypass PCWs and brokers as it raises £15m
UK-based insurtech startup Cuvva has raised £15m in series A funding round as it prepares to launch a pay-monthly product at the beginning of next year and disrupt the existing insurance status quo
Analysis: Discount rate disparity - will the Scottish market become unfavourable?
With the Ogden discount rate in Scotland set to remain at minus 0.75%, could insurers in the country start to feel squeezed, and begin to be squeezed out?
Trade Voice: Airmic's Julia Graham on being prepared
Preparation is key in the current harsh market says Julia Graham, Airmic’s deputy CEO and technical director, as she explains how timely planning, skill, good communication and transparency can demonstrate the real value of insurance.
Analysis: How worried should insurtechs be by TFL's Uber clampdown?
If Uber's appeal to keep its private hire operator’s licence in London fails then this may have an immediate impact on insurtechs such as Zego and Inshur, but experts are divided on whether the longer-term outlook is brighter for them.
MoJ secrecy on small claims portal under fire
The Ministry of Justice faced criticism on secrecy around the development of the small claims portal at Post’s Insurance Claims and Fraud Summit in London yesterday.
Aviva targets 20% premium growth by 2022
Aviva CEO Maurice Tulloch has revealed that the insurer is targeting a 20% increase in general insurance premiums by 2022.
Blog: Indemnities in real estate - where do the opportunities lie for brokers?
For many years, indemnities have aided real estate development projects and transactions writes Michael Grimwood, business development manager at CLS Risk Solutions. It has traditionally been placed within the London market due to the complex nature of…
Allianz Global Corporate & Specialty names CEO
Allianz Global Corporate & Specialty has appointed Joachim Müller as CEO, succeeding Chris Fischer Hirs.
Flood forecasting insurtech launches nationwide
Insurtech Previsico has launched nationwide, aiming to support insurers, brokers and their customers across the whole of the UK with live actionable flood warnings.
Interview: Trak Global CEO and co-founder Nick Corrie
A decade into its journey, Trak Global is finally ready to break the US on the back of an acquisition and £40m plus private equity raise. CEO and co-founder Nick Corrie tells Jonathan Swift about why he prefers to get on and do things quietly than spout …
ABI backs Gibraltar government's pitch to British businesses
The Association of British Insurers remains “fully supportive” of the Gibraltarian insurance market and “the choice that it gives UK customers,” ABI director general Huw Evans has said.
Zego to target UK insurance licence after becoming Gibraltar carrier
Insurtech Zego has become a licensed insurance carrier in Gibraltar and is also expected to target a full UK licence.
UK composite insurance pricing surges 12% in Q3, says Marsh
Insurance pricing in the third quarter of 2019 surged by 11.8% year on year in the UK driven by increases in property as well as financial and professional liability lines, according to research by Marsh.