Insurer
Former Admiral pricing exec named CEO of US subsidiary
Alberto Schiavon has been named as CEO of the US direct to consumer insurer Elephant Insurance.
Allianz and Sri Ayudhya Capital join forces in Thailand
Allianz and Sri Ayudhya Capital will team up to expand the coverage of life and general insurance business across Thailand.
Blog: Choosing the right IT system
Grzegorz Podlesny, partner at Sollers Consulting, explains how insurers can choose the right IT system for their activities.
Driven Consortium backs Budget on autonomous vehicles
The Driven Consortium has welcomed government plans to slash regulation and boost financial support to aid the development of autonomous vehicles.
Insurers welcome IPT freeze in this year’s Budget
The government will not raise insurance premium tax in this year’s Budget, a move which has been welcomed by insurers.
Allianz takes aim at underinsured SMEs
Allianz is launching a data initiative designed to reduce the number of SMEs that are underinsured.
Budget 2017: Live blog
The industry's reaction to the Budget statement 2017.
Liberty promotes Beechey to global financial risks role
Liberty Specialty Markets has named Andrew Beechey as head of underwriting and strategic development for global financial risks.
Analysis: Home, sweet connected home
Connected devices can help underwrite and mitigate household risks, but they also open the door to cyber vulnerabilities.
Ping An considers spinning off tech units
Listed Chinese insurance giant Ping An is considering listing its technology and internet subsidiaries.
Post survey: Advanced Driver Assistance Systems
Post is polling the market on what advanced driver assistance systems mean for motor insurers and their customers.
H2 nat cats set to push up P&C pricing, says Swiss Re
Prices in non-life insurance and reinsurance are expected to increase as a result of the recent nat cat activity across the Atlantic, Swiss Re has said.
Commercial insurance rates continue to decline in Q3
Global commercial insurance rates have declined for the 18th consecutive quarter.
Ardonagh adjusted Ebitda up 19.7% in Q3
The Ardonagh Group posted adjusted Ebitda of £ 79.1m in the first nine months of 2017, a 19.7% rise year-on-year.
Brexit: Sompo International to set-up Luxembourg operation
Bermuda-based P&C (re)insurer Sompo International is planning to establish a European headquarters in Luxembourg.
Ecclesiastical urges Chancellor to make charities exempt from IPT
Ecclesiastical has backed the Charity Finance Group by urging the Chancellor, Philip Hammond, to make charities exempt from Insurance Premium Tax ahead of Wednesday’s budget announcement.
British travel infrastructure hampering business, QBE warns
British travel infrastructure ranks among the worst in Europe, a survey by QBE Business Insurance revealed.
Nat cats could cost MS&AD $972m
MS Amlin owner MS&AD Insurance Group could see losses of over $972m (£734m) as a result of second quarter nat cat losses including hurricanes Harvey, Irma and Maria as well as earthquakes in Mexico.
Insurtech firm raises further £6m with plans to expand internationally
On demand insurance provider Zego has raised £6m in funding from Balderton Capital, as it looks to double in size and increase its product offering.
Motor premiums to fall next year from Ogden and whiplash changes: EY
Motor premiums could fall in 2018 as an expected change in the Ogden rate could reverse some of the losses faced by insurers, EY said.
Insurance firms 'should lower premiums for Tesla cars'
Insurers should lower premiums for Tesla cars owing to increased safety features built into the vehicles, analysts said.
Guidewire 2017: Chatbots could aid in compliance and fraud fighting
Chatbots have the potential to help insurers meet regulatory demands as well as using machine learning to flagg up potentially fraudulent behaviour.
Muang Thai Insurance offers driving smartphone app
Thailand insurer Muang Thai Insurance has released an idrive motor smartphone app which uses UK insurtech start-up Inzura's app and cloud based platform.
Covéa's Adrian Furness on removing gender barriers
Adrian Furness, claims and operations director at Covéa Insurance, wants his daughter and other women to be able to fulfil their potential, so as an industry leader he's making sure he can feel proud rather than apologetic about the industry’s diversity…