Insurer
Lemonade to sue rival start-up over alleged plagiarism
Lemonade is suing its rival start-up One Insurance, over allegedly plagiarising aspects of the insurer's app.
The CILA’s Malcolm Hyde on maintaining the value of UK qualifications post-Brexit
Professional qualifications play an essential role in building industry trust and recognition on the global stage, says Malcolm Hyde, executive director of the Chartered Institute of Loss Adjusters, however, the UK’s Brexit vote could put this into…
Das v Asplin: Defence concludes for five co-accused
The remaining five defendants in the Das UK v Asplin trial did not take the stand, with lawyers instead reading character witnesses to the jury.
Government start-up visa will allow UK to attract more insurtech talent
The Home secretary announced yesterday that the UK government will be introducing a start-up visa for entrepreneurs wishing to set up their business in the UK.
Insurtech top 100: Quarter Two update
Following on from the publication of the top 100 insurtech firms in April, Matt Connolly, CEO of Tällt Ventures, reflects on the major developments that are having an impact on the 25 top ranked start-ups.
Zurich develops app with tech giant and invests in DIG
Zurich has invested €15m, alongside Finch Capital, into Digital Insurance Group as well as developing an app with tech giant Apple to cater to its brokers.
Policy wording the ‘biggest complaint’ of cyber insurance buyers
Insurers’ cyber offerings have improved over the last five years, but consumers still struggle with the language and expressions used in policies.
RSA outlines plans to transfer commercial EU business to Luxembourg
RSA's UK business will transfer all of its passported business for commercial customers to its recently approved post-Brexit hub in Luxembourg.
Brit appoints Michael Gould as COO
Brit has appointed Michael Gould to the role of chief operating officer following his departure from Talbot Underwriting.
Commercial carriers must show their worth as sector fails to meet client demands says RSA
Commercial insurers must show clients how they can contribute to business growth as the sector fails to meet client demand, RSA’s head of global risk has said.
Parametric cover 'could go mainstream'
Parametrics, a specialised form of reinsurance or insurance used mainly in catastrophe bonds, could become more mainstream as risk managers seek to overcome some of the limitations of traditional insurance, according to a survey.
Blog: Lloyd's predicts the World Cup winner
Lloyd's of London predicts which country will win the 2018 World Cup, based on the insurable value of the 32 football teams that start battling it out this week in Russia.
Chubb's Suresh Krishnan on multinationals and environmental risks
Here is what risk managers should be looking at when designing a multinational environmental insurance programme, says Suresh Krishnan, head of global accounts division at Chubb Europe.
Commercial insurance must face up to tech challenges to stay relevant
The commercial insurance sector and its customers must face up to the realities of the fourth industrial revolution if it is to remain relevant in five and ten years’ time, Airmic CEO John Ludlow warned today.
Kendrick replaced by Furby in Chubb leadership reshuffle
Andrew Kendrick will be replaced by David Furby as head of UK and Europe.
Axa sells health broker to Ardonagh owners
Axa will sell its health broker, Health Insurance Group, to the private equity owners of Ardonagh.
Tokio Marine HCC buys Qdos business unit
A subsidiary of Tokio Marine HCC has bought the contractor business unit of Qdos Group for an undisclosed sum.
Quindell auditor slapped with £4.5m fine over misconduct
KPMG has been handed with a £4.5m fine as a result of its audit of controversial insurance services firm Quindell.
Analysis: Cyber bullying
Cyber cover is entering personal lines and offering protection against online bullying. But is it really a place for insurers?
This month in Post: lessons learned, space travel and why every insurer wants a time machine
Following the collapse of Danish insurer Alpha hundreds of black cab drivers were left unable to work and without any insurance cover. With little communication from the insurer the drivers took matters into their own hands and besieged the offices of a…
Zurich takes minority stake in US SME insurtech
Zurich has invested in US start-up Cover Wallet, enabling it to provide small businesses with a platform to buy its insurance policies.
Terrorism business interruption Bill enters Parliament
A new Bill has been introduced to the House of Commons which would, if passed, enable Pool Re to extend business interruption cover to include losses that do not arise from physical damage to property.
Amanda Blanc to become chair of ABI
Amanda Blanc, incoming Zurich Europe CEO, is to become the next chair of the Association of British Insurers.
Insurtech Laka expands to Asia following investment round
Crowd insurance start-up Laka has received £1.1m in seed funding as it prepares to launch in Asia and expand further in the UK.