Insurer
Social engineering causing nine times more data breaches in 2017
Insurance customers reported nine times more cases of social engineering as the major causes of data breaches in 2017 than in the previous year.
Lloyd’s market and international consolidation in the cross hairs at BP Marsh
BP Marsh has affirmed its confidence in the Lloyd’s and London insurance market as target growth area as the sector investor looks to diversify its book with overseas business.
Start-up Insurdata raises over $1m in seed financing
Insurtech start-up Insurdata has raised over $1m (£0.76m) in seed financing from investors including Menlo Ventures, Anthemis Baloise Strategic Ventures and Plug and Play.
Analysis: Has the sun set on insurer-owned brokers?
As The Ardonagh Group buys Carole Nash and Mastercover, has the bell finally rung for the model?
Analysis: Microbreweries: Raising the bar
Microbreweries offer brokers and insurers a small but safe market. With rising demand, the sector tastes of opportunity
FCA sees 3.32 million financial services complaints in H1
The Financial Conduct Authority received 3.32 million complaints about financial services in the first six months of 2017.
Bollington launches MGA Anjuna Underwriting
Bollington Group has launched a managing general agent, Anjuna Underwriting.
Start-up Wrisk launches £500,000 equity crowdfunding campaign
Insutech start-up Wrisk today announced the launch of a £500,000 equity crowdfunding campaign on Seedrs.
Lloyds Bank's Bill Cooper on the attraction of illiquid investments
The protracted low interest rates and poor profitability could make illiquid assets increasingly attractive for insurance investors according to Bill Cooper, managing director and global head of insurance at Lloyds Bank Commercial Banking.
Legal: Driverless cars, shifting liability
Kennedys partner Rachel Moore analyses the liability shift autonomous vehicles are operating in motor insurance.
Harmer halts Asia expansion at IAG
Peter Harmer, CEO of Australian insurer IAG, has said the firm's plans to grow in Asia are on hold and that it will focus on Australia and New Zealand.
This Week in Post: Red suns and robots
A Blade Runner mist engulfed London on Monday as storm Ophelia blew Saharan sand into the capital. Struck by the eerie atmosphere, City workers tweeted pictures of the yellow sky, which an Irish commentator promised to look at “as soon as our houses land…
Brexit places £7.38bn in London premium income at risk
A third of total premium across the whole London company market could be affected as a result of Brexit, a report has warned.
Insurance industry 'one of main influences' of UK cyber resilience, minister says
The insurance industry is at the forefront of helping to increase cyber resilience among businesses in the UK, the minister for digital, Matthew Hancock has said.
Hamilton appoints Munich Re chief Giuseppina Albo as CEO
Munich Re board member Giuseppina Albo is leaving the group to become CEO of Hamilton Insurance Group.
Brightside's Mark Cliff on the impact of the discount rate for brokers
Insurers have been vocal about their feelings about the discount rate but Mark Cliff, executive chairman at Brightside Group, notes this has also affected brokers, who have been at the sharp end of market turmoil.
Blog: The three ways data will change insurance
The data revolution will lead to a shift in the very business model of insurance, warns Rob Cushen, digital leader at Virtusa.
Zurich declines to comment on Endsleigh sale rumours
Zurich is reportedly exploring the sale of broker Endsleigh.
Government pushes for collaboration with insurers on cyber security
Both the government and insurers share a join responsibility in setting a standard for cyber security and protecting businesses, the government has said.
Grenfell insurer proposes voluntary scheme for victim payouts: updated
Exclusive: The insurer for Grenfell Tower has sketched out an alternative to lengthy court battles over victim compensation.
Ironshore Singapore hires Lim
Ironshore Singapore has hired Sam Lim as an underwriter in its political risk team.
Q3 hurricanes to cost Zurich $700m
Switzerland-headquartered global insurer Zurich is estimating its costs from three giant hurricanes that hit the US and Caribbean at $700m (£530m).
Zurich's Guy Miller on climate change
Guy Miller, head of macroeconomics at Zurich, looks at the risks associated with extreme weather and anti-climate change initiatives.
Blog: Don't overlook commercial fire risk
Allan Macpherson, operations chief engineer at FM Global, explains how the commercial damage caused by fire can be mitigated.