Insurer
Ageas's Bart De Smet on why insurers don't need start-ups to innovate
The hype around insurtech start-ups should not overshadow the in-house innovations coming from incumbent insurance companies, writes Ageas’s CEO Bart De Smet, defending the ‘internal incubator’ model.
Digital payment company to speed up claims payment
Digital claims payment company Optal is in talks with major UK insurers.
Insurer optimism remains flat despite increased hiring and investment
Business volumes, profits and hiring in the general insurance sector remained strong in Q2 2017 despite optimism remaining flat, a survey has revealed.
Registration opens for Dive In 2017
Registration opened today for Dive In, the festival for diversity and inclusion in insurance, which will take place in late September and focus on the ‘Diversity Dividend’.
Aviva launches health insurance to corporate clients
Aviva has launched a low cost ‘Health Essentials’ insurance to its corporate clients which will enable employers to offer top-up cancer and physiotherapy cover to their employees.
L&G to offer leak detector to home clients
Legal & General has partnered with Home Serve to offer Leak Bot to its home insurance customers.
Go Compare on track for 22% boost in half-year earnings
Price comparison site Go Compare has said it's on track for a 22% leap in earnings for the six-month period ending 30 June 2017.
XL Catlin names Ochsenkuehn head of global programs
XL Catlin has appointed Sonja Ochsenkuehn as head of global programs.
Life is a breach: What the GDPR changes for insurers
Insurers will face stricter data rules but these may help them grow the cyber market, write Mark Estafanous and Kate Payne, solicitor and partner at Elborne Mitchell.
Blog: How to play the digital game
Transforming an established business to exploit the new touchpoints made available by digital is no easy task but it's a necessity that the full breadth of the insurance industry has woken up to, writes Robin Wolstenholme, senior marketing specialist at…
Government to buy insurance against disasters in developing countries
Prime Minister Theresa May has announced plans to use the expertise of the City of London’s insurance market to develop insurance markets in developing countries.
Voyager Insurance names Carl Carter as managing director
Voyager Insurance has appointed Carl Carter as managing director.
Data breaches reported by insurance companies doubles in the last year
The number of data breaches reported to the Information Commissioner’s office by financial service companies has risen by 23%.
Elite's rating likely to be downgraded as it goes into run-off
Gibraltar-based Elite Insurance's Insurer Financial Strength rating has been scored as BBB, on Rating Watch Negative.
ABI calls on government to defuse 'discount rate bombshell'
The Association of British Insurers has called on the government to take action against motor claims costs as premiums reach record levels for almost all age groups.
This Month: Prizes, picnics and personalities
Taxis working the Royal Albert Hall patch this week had their hands and seats full, chauffeuring well-dressed ladies and gentlemen to the prestigious British Insurance Awards
GDPR ‘a shot in the arm’ for cyber insurance
The incoming EU data protection regulation is likely to be a “shot in the arm” for the cyber market, resulting in a marked growth in cyber insurance revenues, according to AM Best.
Ex-Aviva employee sentenced after selling customer claims data
A rogue Aviva employee has been slapped with a two year suspended sentence after selling customer claims data for a total of £4500.
Industry thwarted £25m fraudulent claims a week in 2016
The insurance sector thwarted 2,400 fraudulent insurance claims valued at £25m every week in 2016, according to figures from the Association of British Insurers.
Grenfell Tower blaze could result in claims of £50m
The Grenfell Tower blaze could result in property and liability claims of £50m, the Norwegian carrier responsible for insuring the building said.
Willis Re names James Kent global CEO
Willis Re has announced that James Kent will succeed John Cavanagh as global CEO.
