Insurer
UK General acquired by private equity firm
JC Flowers has acquired UK General from Primary Group for an undisclosed sum.
Asta-managed syndicate reports profit in first year
Dale Underwriting Partners has posted a modest profit in its first year of account, despite “challenging” market conditions.
Blog: Stepping up the fight against fraud
Arguably, the insurance sector is behind many other verticals in transforming customer engagement and achieving the nirvana of delivering an excellent customer experience.
Former Zurich GI chief becomes Admiral chair
The former CEO of Europe general insurance at Zurich, Annette Court, has been appointed non-executive chair of Admiral.
Go Compare to invest in start-up insurtech businesses
Go Compare is looking to invest in start-up insurtech businesses to help the aggregator website reach new customers, says CEO Matthew Crummack.
Discount rate cut could benefit Hastings, says CFO
The cut to the Ogden discount rate will benefit “agile players” who procure business predominantly through aggregators, Hastings' chief financial officer Richard Hoskins said.
Higos makes first acquisition following GRP buyout
Higos Insurance Services has made its first acquisition since being acquired by Global Risk Partners.
Ageas to shed 77 roles in broker channel restructure
Ageas will make 77 redundancies across its broker channel in the wake of the discount rate cut.
Gibraltar insurer withdraws £20m UK motor capacity in wake of discount rate cut
A Gibraltar insurer has become the first to withdraw capacity to a UK managing general agent in the wake of the discount rate cut.
FCA sets deadline for PPI claims
The Financial Conduct Authority has put a deadline on payment protection insurance claims, bringing to a close a chapter that has cost firms billions in compensation.
Go Compare demerger resulted in £8.1m hit to profit
The demerger of Go Compare from parent company Esure cost the business £8.1m, causing a drop in profit of 5.2%.
Hastings posts profit and expansion plans despite £20m discount rate hit
Hastings has made a 5% growth in profit despite taking a £20m hit from changes to the Ogden discount rate.
Editor's comment: Not ageing well
With the countdown to my next ‘big’ birthday already started, I’m the first to admit that none of us are getting any younger.
Insurance Census 2017: Face of insurance
Insurance, like many financial services sectors, has a reputation for being pale, stale and male. In Post’s latest research Michèle Bacchus finds out if the description still fits and what the industry is doing to effect change
Greening up your investment portfolio
The last decade has finally started to see the talk about the virtues of sustainable energy result in significant action, particularly in the area of electricity, where it has been driven primarily by wind, solar energy and biomass.
Benard swaps Axa Gulf for Generali Asia
Fabrice Benard has been appointed regional head of P&C retail for Italian giant Generali's Asia operations.
Insurers call on Chancellor to set new discount rate within a year
Industry leaders urged the Chancellor yesterday to set a new discount rate within the year, director general of the Association off British Insurers Huw Evans said.
Clear Insurance Management acquires MPW Insurance Brokers
Clear Insurance Management has acquired Kent-based MPW Insurance Brokers, its largest acquisition to date.
CII joins professional bodies to form Chartered Body Alliance
The Chartered Insurance Institute has formed an alliance with two other chartered bodies in financial services.
One in four insurers failing mobile users
A quarter of insurers in the UK are failing to meet customers demand for a mobile and tablet optimised online experience.
Brit launches US cyber team
Brit has launched new cyber and technology team for Brit Global Specialty USA, with Michael Carr appointed as senior vice president, to lead the offering.
Interview: Sian Fisher, Chartered Insurance Institute
A year into her role as CII CEO, Sian Fisher speaks to Martin Croucher about tackling discrimination and her plans for the body
Career file: Jim Bichard
Bichard has been appointed head of PWC’s UK insurance practice
Government to 'urgently' consult on discount rate cut after insurer CEO meeting
The government has said that it will “progress urgently” a consultation on the Ogden discount rate and “carefully consider” all the evidence submitted following today’s meeting between insurers and the Treasury.