Insurer
Insurers challenge 'wait and see' image and take action on technology
Insurers are increasingly looking to invest in or acquire digital start-ups to provide the expertise they need to pursue their ambitions in this sector, according to market insiders.
LV extends Nationwide motor contract
LV has completed a deal to further extend its partnership with building society Nationwide on car insurance products.
Blog: I believe in fairies but not insurance
When Post editor Stephanie Denton had her first experience of making a claim, her faith in the insurance industry was left more than a little shaky...
Ageas UK and Tesco Bank extend underwriting partnership
Ageas UK and Tesco Bank have extended their Tesco Underwriting partnership with Ageas UK CEO Andy Watson saying the commitment underlines the strength of the collaboration.
Esure buys remaining Go Compare stake for £95m
Esure has purchased the remaining 50% stake in aggregator Go Compare for £95m giving the price comparison website a valuation of £190m.
Bradford man who staged accidents receives suspended sentence
A fraudster who deliberately slipped on a wet bakery bag in a Lidl supermarket so he could make a bogus personal injury claim to AIG worth £10,000 has received a suspended prison sentence.
Ex-soldier and wife jailed for falsely claiming son was blinded
A husband and wife who conned AIG out of £70,000 by claiming a bicycle accident left their young son blind in one eye have both been sentenced to 12 months in prison for fraud.
Australian familes to bring MH17 lawsuit in ECHR
Eight Australian families are preparing to bring a joint-suit against Russia, Ukraine, Malaysia and Malaysia Airlines regarding the downing of the stricken Malaysia Airlines flight MH17.
Airmic, Biba and Bila to provide evidence to Insurance Bill committee
The special committee convened to scrutinise the Insurance Bill will hear evidence from the Association of Insurance and Risk Managers in Industry and Commerce, the British Insurance Brokers’ Association, and the British Insurance Law Association.
Government open to concept of cyber risk pool
Cabinet Office minister Francis Maude MP has not ruled out the possibility of a Pool Re-type arrangement to cover cyber crime risk.
AGCS predicts aviation exposure to exceed £638bn by 2020
Increasing fleet values and a rise in passenger numbers is expected to push the value of aviation risk exposure through the $1trn (£638bn) barrier by 2020, according to Allianz Global Corporate & Specialty.
Duke Street increases investment in Parabis Group
Private equity investor Duke Street Capital has upped its investment in Parabis Group in a bid to help the personal injury umbrella firm capitalise on opportunities in the legal services sector.
Zurich on track for 2016 targets
Zurich has told investors it remains confident of hitting financial targets for 2016 as part of a presentation on performance.
Amazon sales channel seen as 'viable competitor' by European insurers
Many European insurers believe online brands such as Google, Amazon which hold significant customer data could be viable insurance competitors in the near future, according to a recent survey.
Blog: Adding value through data
Historically, many businesses have looked to customer data to help build customer insight and shape their marketing activity
RSA named as insurer partner for Greenwich driverless cars pilot
RSA has been selected as the insurer partner for the Government-backed driverless cars project in Greenwich, London.
ABI hits out at ‘misleading’ flood funding figures
The Association of British Insurers has questioned figures from the government suggesting that spending on flood defences remains above optimal levels.
CII new generation group outlines workplace stress recommendations
The notion of workplace stress as a “ticking time bomb” for the insurance industry has led the Chartered Insurance Institute’s underwriting faculty new generation group to recommend measures to tackle the issue.
BLM’s Murray appointed as chair of Foil in Scotland
BLM partner Tony Murray is to become chairman of the Forum of Insurance Lawyers in Scotland.
Insurers urged to boost claims service to get competitive edge
Chubb and Hiscox have taken the top two spots in a ranking of claims service in the UK mid-market by Gracechurch Consulting.
EY's Kam to become Hiscox's chief risk officer
Hiscox’s interim chief risk officer Hanna Kam is to take up the role on a permanent basis, subject to regulatory approval.
Europe: Qualifications beyond the nations?
The UK insurance market has a very clear approach to professionalism and qualifications - but how does it compare with the rest of Europe?
Accenture poll shows 21% of insurers do not have a digital strategy
One fifth of insurers do not have a digital strategy in place, according to an Accenture survey of 141 firms operating in 21 countries.