Insurer
AIG's global commercial premiums shrink 21% in Q2
AIG's shares climbed 2.5% in after hours trading after returning to profit in the second quarter of 2016.
Ageas launches app-based millennial insurer Back Me Up with monthly fee
A new app-based insurance start-up aimed at millennials has launched this week targeting the millions of 18 to 34-year-olds who do not currently buy contents, travel or device cover.
Emerald Life launch travel insurance for LGBT community
Emerald Life has launched into the travel insurance market with a first-time product to close the ‘insurance gap’ faced by the LGBT community.
EC Insurance Group appoints Forrest Smith and Guiry as CEOs for subsidiaries
EC Insurance Group has appointed two new CEOs for its insurance subsidiaries, ECIC and ECIS, following a decision to separate the roles.
Geddes ‘proud’ of Direct Line for Business as growth continues
Direct Line Group is putting ‘extra effort’ into its commercial business as gross written premium for Direct Line for Business increased by 8% in the first half of 2016.
ANV increases its Lloyd's underwriting capacity for M&A insurance
ANV Global Services, has increased in its Lloyd’s underwriting capacity for mergers and acquisitions insurance.
More than a dozen organisations support ABI proposals on fire prevention
Over a dozen organisations have supported proposals put forward by the Association of British Insurers to ensure sprinklers are installed in more high-risk buildings.
Driving test consultation is a missed opportunity, insurers say
Proposed changes to the driving test are a missed opportunity to ensure the safety of drivers and increase insurance compliance, insurers have said.
Insurance Europe responds to EIOPA IPID consultation
Insurance Europe has responded to the publication of a European Insurance and Occupational Pensions Authority EIOPA consultation regarding the format of a standardised insurance product information document (IPID).
ERS in the black as H1 2016 COR hits 99.8% on back of £7.3m profit
Lloyd’s motor insurance specialist ERS has reported a profit of £7.3m in it the first half of 2016, the result of continued underwriting and volume growth.
FCA to go ahead with PPI complaint deadline
The Financial Conduct Authority has confirmed it will press on with plans to impose a deadline for payment protection insurance complaints.
Direct Line's pre-tax profit falls 5% in first half
Profit before tax at Direct Line decreased £16.5m to £298.5m in the first half of the year (H1 £315m) after poor investment returns and a Flood Re levy.
Lawyers are getting digital
What are the challenges for law firms in the digital age – and how can the insurance industry help overcome them?
Innovation lessons insurers can take from lawyers
Insurers and lawyers don’t have a reputation of tech-savvy trailblazers. Yet some of them have adopted new technologies, including artificial intelligence. So, what works and what doesn’t?
Director of Content’s Comment: Are beards a threat to insurtech?
I recently sat down with the ‘poster girl for diversity’ Inga Beale for this month’s cover interview. The Lloyd’s CEO covered a lot of ground, including the topic for which she has become a figurehead, as well as the modernisation of Lloyd’s – two…
Is the insurance industry being forced to subsidise road repair?
Industry highlights concerns over bills submitted by Highways England
Gable non-executive director Andrew Trott resigns
Gable non-executive director Andrew Trott has resigned from his post as the troubled insurer looks to streamline its board as part of an ongoing strategic review.
Private Motor Insurance Order officially comes into effect
Measures to boost competition among insurers and reduce premiums for drivers have come into effect today.
DIMA appoints David Stafford as chairman and Eddy Van Cutsem as interim CEO
The Dublin International Insurance and Management Association has appointed David Stafford as chairman, taking over from Marco Nuvoloni.
Insurers need to look past Blockchain hype, to find best process fit, says PWC
The insurance industry is keen to implement blockchain solutions in order to change the way it operates, a report from Long Finance shows.
Home premiums rise for third quarter running, AA reveals
New research from the AA has revealed a rise in home insurance premiums for the third quarter in a row.
Axa exposes fraudulent £5,348 claim by father and son
Mohammed Rustam Khan claimed over £5000 on his Axa home insurance policy after a burglary at his London home. However, a police investigation revealed Khan’s son, who was also living at the address had stolen his car and staged a burglary.
Ex-LV MD O'Roarke oversees first exec hire as Horwich Farrelly chair
The specialist insurance law firm Horwich Farrelly has appointed Thomas Reynard as its chief operating officer.
