Insurer
Plum plots ‘accelerated’ expansion following Global Risk Partners-backed MBO
Specialist household MGA Plum Underwriting has completed a management buyout backed by London Market focussed consolidator Global Risk Partners.
Editor's comment: What a difference a year makes
2014 is coming to a close and so much has happened but will insurers be sad to see it go? It was the year that started with Winter floods estimated to have generated a total bill of £500m and saw Labour Party Leader Ed Miliband demand insurers settle…
Review of the Year: General Insurance
General insurers including Ageas, Aviva, Direct Line, Axa and LV reflect on a year that started with immense flood claims, saw the Competition and Markets Authority’s final report into motor insurance and ended with a warning by the regulator on the use…
Tasker completes Pro Hospitality purchase
Tasker Insurance Group has completed its acquisition of broker Pro Hospitality.
Charities: Charity begins at home
Charities require business interruption cover like any other business – but how can they make sure they aren’t paying too much?
Roundtable: Customer retention: How to use data to keep hold of customers
Can the way data is used and analysed in the insurance industry pave the way to customer loyalty?
Interview: Peter Staddon: Ringing in the changes
Having completed his first 12 months leading the Managing General Agents’ Association, Peter Staddon tells Post about his future ambitions for the trade body
The POST Power List 2014
After much deliberation, Post finally reveals the top 10 shining lights of the insurance industry, along with details of who we think would play them in a movie of their life, to complete the Post Power List.
North of the Border: The ramifications of Smith
Following the Scottish referendum, the UK government established the cross-party Smith Commission to make proposals for devolution of further powers to the Scottish Parliament. These recommendations, if implemented, will see yet further differences…
FCA reputation diminished after damning Davis report
The Financial Conduct Authority has been left "diminished" by a damning report into its handling of publicity around a life insurance thematic review, according to certain market observers.
Trade Voice: Bringing forward policy issuance
In no other area of business would a deal worth potentially hundreds of millions of pounds be entered into without a written contract.
Penny Black’s Insurance Week - 18 December
German efficiency is world renowned but our Teutonic cousin’s reputation for innovation is less robust.
Penny Speed Meets... Ian White, underwriting manager, Century Underwriting
Penny meets Century Underwriting's underwriting manager, Ian White
Career development: Questgates reports continuing success in counter-fraud training courses
Specialist loss adjuster Questgates has recorded 13 candidates from insurers passing its counter-fraud training courses and obtaining qualifications from the Counter Fraud Professional Accreditation Board.
UK insurers undeterred on sharing society progress despite international Uber concerns
The banning of Uber in several territories will not deter the UK insurance industry's engagement with sharing economy companies, according to commentators, with telematics providers tipped to help small car-sharing organisations obtain cover.
Market Moves - 18 December 2014
All the latest job moves in the insurance market.
C-Suite - Broker: The focus on collaboration
Change continues apace and the challenge facing insurers and brokers alike is not to batten down the hatches and wait for it to slow or stop, but rather to work out how to adapt in order to thrive in today’s and tomorrow’s paradigm.
C-Suite - Insurer: Delivery... not just for Christmas
Action is key to provide good value and communication for customers
Future sustainability of Pool Re to be achieved by modernisation in 2015
The Pool Re board is aiming to complete its modernisation of the 22-year-old terrorism facility by the end of next year.
Cyber risk underwriting a pressing issue for insurers in 2015, states EY
The growing threat of complex cyber crime will present businesses with significant challenges throughout the course of next year, according to analysis undertaken by EY.
Direct Line brand awareness dominance not translated in policy sales
Direct Line is failing to transform dominant brand awareness among consumers into policy sales, according to the latest Global Reviews UK motor insurance providers digital marketing effectiveness study.
Jelf builds northern presence with Beaumonts acquisition
Jelf has widened its footprint in the north of England with the acquisition of Yorkshire-based broker Beaumonts Insurance Group.
Anbang agrees deal to buy Delta Lloyd Bank Belgium
Chinese financial services company Anbang Insurance has reached an agreement to buy Delta Lloyd Bank Belgium from Dutch financial group Delta Lloyd for €219m.
One in 10 car deaths linked to alcohol, says WHO
Following a study, the World Health Organisation has said one in every 10 car deaths is linked to alcohol.