Insurer
Regulation is a hindrance to industry innovation: Axa
Regulatory pressures are a barrier to innovation within the insurance industry, a market expert has said.
Insurers issue warning as government to test cladding on 600 buildings
Exclusive: Insurers have issued advice to local council customers, after it emerged that the government will test the fire risk of cladding on 600 buildings.
Chaucer picks Dublin for its EU base
Specialty carrier Chaucer has chosen Dublin for its post-Brexit insurance hub.
Europe: Post-Brexit travel insurance
It is unclear whether UK nationals will be able to use the European Health Insurance Card after Brexit. If they don’t, travel insurers expect higher claims costs and higher premiums.
Blog: Brexit is making travel claims more expensive
Brexit is increasing the costs sustained by travel insurers, which can no longer afford to cut premiums, says Antony Martin, managing director at Rock Insurance.
RSA joins pet claims database
RSA has signed up to a pet claims database in order to better tackle fraud.
Live: Industry reacts to Queen's Speech
Latest commentary from the industry regarding the Queen's Speech.
CMCs to be brought under the heel of the FCA
Claims management companies will see fees capped and the sector regulated by the Financial Conduct Authority, under plans to tackle “widespread malpractice”.
Government resurrects whiplash reform
The government has put whiplash reform back on the agenda with a promise to tackle “rampant compensation culture” in the Queen’s Speech.
Aviation insurers launch model Brexit clause for multi-year policies
Aviation insurers have launched a model contract continuation clause to keep multi-year policies in place after Britain leaves the European Union, the International Underwriting Association said.
European captives showing strong capital positions in Solvency II disclosures: AM Best
European captives are showing “very strong” capital reserves in through reported Solvency II ratios, according AM Best.
Maurice Tulloch appointed to executive board position at Aviva
Aviva’s CEO of international insurance, Maurice Tulloch, has been appointed as an executive director of the company.
Industry welcomes chancellor's Mansion House speech
The UK insurance industry has welcomed comments made by chancellor Philip Hammond where he said he is pushing for a Brexit "that works for Britain," and wants a business-friendly Brexit which protects financial services.
Rent 4 Sure set to exceed £1.5m profit following positive 2016
Tenant and landlord insurance provider Rent 4 Sure is on track to exceed net profits of £1.5m for 2017, the company revealed in a results statement.
FCA reviews travel insurance for cancer patients
The Financial Conduct Authority has launched a public consultation to see if changes are needed to make it easier for people with cancer to get travel insurance.
Discount rate cut 'will push up motor premiums by 7%'
The cut to the Ogden discount rate will push up motor premiums by 7% by January 2018, according to analysis by ERS.
Legal Update: When the discount rate isn't so accommodating
A negative discount rate can have negative consequences for claimants, writes Andrew Parker, head of strategic litigation at DAC Beachcroft.
Manchester Underwriting's Charles Manchester on why, if you’re not a broker, you’re an MGA
Charles Manchester, CEO of Manchester Underwriting believes insurers are no longer the providers of capital but instead the custodians of it.
Motor Report docu-video - Fraud, driverless cars, young drivers and claims
The Motor Report is out - but what do the experts think of the findings?
Amazon insurance plans 'not a threat to traditional carriers'
Online retailer Amazon is more likely to compete with aggregators than traditional carriers if it enters the insurance space, experts said.
Maas Global receives financial backing from Toyota Financial Services and Aioi Nissay Dowa
Finnish company, Maas Global has received investment from Aioi Nissay Dowa Insurance and Toyota Financial Services.
Consumer product rating system aims to stop insurers ‘gaming the system’
A star rating system for motor, home and travel products by major insurers has been launched by a consumer group.
John Griffith-Jones to leave the FCA
John Griffith-Jones, chairman of the Financial Conduct Authority is to step down from his role at the regulator next year.
Aviva's Rob Townend on removing 'easy money' from personal injury claims
Some are sounding the death knell of the personal injury reforms but Rob Townend, claims director at Aviva Insurance, explains why insurers must be alive to an increasingly aggressive claims management company industry.