Insurer
Quiz of the week - 13 January
Test your knowledge on this week's insurance news.
Men paying more than women for car insurance despite EU gender directive
Men are paying on average £101 more for car insurance than women, despite EU rules banning insurers from taking gender into account when calculating premiums.
The City UK sets out industry priorities for Brexit
The City UK, a City of London lobby group, has issued its key priorities for the UK’s financial and professional services industry in the forthcoming Brexit negotiations.
Tokio Marine tests new blockchain-based insurance policy
Tokio Marine has begun testing a blockchain-based insurance policy for the shipping industry.
Probitas appoints PI underwriter
Kiran Wignall is to join Lloyd’s underwriting syndicate Probitas 1492 as a professional indemnity underwriter in its financial lines team.
Fidelis co-founder McConachie to leave
Neil McConachie, group chief financial officer and co-founder of Fidelis, is leaving the firm.
Severe flood warnings issued for coastal areas in UK
Severe flood warnings are in place along the eastern coast of England following fears that a storm surge places homes and properties at risk.
UK General's Karen Beales on the future of personal lines broking
The personal lines market has been interesting during the past 12 months.
Spencer departs Zurich following Howell appointment
Post understands Stuart Spencer, Zurich's former general insurance Asia-Pacific CEO, left the company on 31 December.
Motor premiums rose by 14% in 2016
Car insurance premiums rose by 14%, equivalent to £95 on average, in 2016.
Eight out of 10 charities say insurers must do more for vulnerable customers
Over half of charities believe the people they represent are inherently vulnerable to unfair treatment from insurers.
LV Broker to stop writing home business
LV Broker will stop writing new home insurance business and inviting renewal on its home, building and contents insurance products.
Digital motor insurance policies worth €15bn by 2020
Digitally-enabled motor insurance policies in Europe could potentially be valued at €15bn (£13bn) by 2020, according to Deloitte.
IDT911 re-brands as Cyber Scout amid international expansion
IDT911 has re-branded to Cyber Scout as it looks to expand globally.
Walker replaces Lee as Hastings MD
Hastings has appointed David Walker as managing director for insurer service, following Michael Lee’s departure last month.
Business interruption is top business risk in 2017
Business interruption continues to come top of the risk rankings as businesses fear the impact of market uncertainties and political perils, according to a report from Allianz.
Companies braced for year of uncertainty, says Allianz's Fischer Hirs
Chris Fischer Hirs, CEO of Allianz Global Corporate Specialty, has said companies worldwide are bracing for unpredictable changes this year.
PICC's vice chairman under investigation, says report
The vice chairman and president of PICC Wang Yincheng has been taken away by Chinese authorities for investigation according to financial media site Caixin.
Lemonade's three-second claim settlement raises fraud concerns, experts say
As the UK insurance industry grapples with the task of making the claims process slicker, US start-up Lemonade has declared its ‘world record' claims settlement time of three seconds.
Markerstudy cancelled MGA capacity deals due to ‘conflict of interest’
Markerstudy said the decision to withdraw capacity for managing general agents was due to a potential “conflict of interest”.
PWC appoints Jim Bichard as UK insurance leader
PWC has appointed Jim Bichard to lead its UK insurance practice.
Century MGA replaces lost Markerstudy capacity
Century Underwriting has replaced the capacity arrangement it had with Markerstudy with three new insurers.
Octo signs ‘telematics ecosystem’ deal with LV Broker
Octo has signed a deal with LV Broker to provide a “full telematics ecosystem”.
Electronic trading: What is good form online?
The growth in online communications makes BT's strapline ‘It's good to talk' seem dated, but anyone who has had to lift a phone to unravel a burgeoning misunderstanding in an email can appreciate its spirit.