Insurer
Direct Line reports growth of its its motor book in Q1 despite Ogden cut
Direct Line has grown its motor book by 11.2% in the first quarter, compared to the same period last year, despite taking a £230m blow from the discount rate reduction.
Allianz Group sees profit rise by 9%
Allianz Group has seen operating profit rise by 9% in the first quarter, from the same period last year.
Roundtable: ADAS and the next step to driverless cars
Autonomous vehicles, drones and cyber innovation have been hogging much of the discussions as to how insurers can prepare themselves for the technology of the future. What can easily be overlooked is the complex technology that already exists in the…
Interview: Brendan McCafferty, Axa
Brendan McCafferty joined Axa as CEO, intermediated and direct, in February. He talks to Will Kirkman about his new role
Liberty rebrands specialty division following Ironshore purchase
Liberty Mutual Insurance has completed the purchase of Bermuda-headquartered $2.2bn (£1.7bn) gross written premium specialty insurer Ironshore.
Career Development: A-One looking for new apprentices after a successful six months
A-One Insurance’s in-house apprenticeship scheme A-One Academy has been lauded as a success six months after launch.
Carole Nash appoints ex-Google employee to chief digital officer
Carole Nash has appointed ex-Google employee Hein Kuiper to the newly created role of chief digital officer.
Price comparison websites lack clarity over pricing, report shows
Price comparison sites are not giving enough clarity over pricing, with premium prices differing between each site for the same insurer.
Post People: 02 - 05 May
The latest people moves in the insurance industry.
Insurance Census 2017: Diversity isn't coming quick enough
The Chartered Insurance Institute responds to the Insurance Census 2017. Research conducted by Post and published in the March issue showed a profession getting older, paying men more than women, with boardrooms remaining rather pale.
Insurance industry pays respects to former LV and Direct Line marketing executive Guy Hedger
Friends and colleagues have paid respects today to LV’s marketing and brand director Guy Hedger who passed away over the Bank Holiday weekend.
Allianz's Neil Clutterbuck on transforming motor insurance in the cloud
Harnessing the power of cloud computing can offer many business benefits in terms of data storage and processing, accessibility and cost. But with potential risks alongside the benefits, the opportunities it offers the insurance industry are still up for…
Blog: The future of insurance pricing
The powerful combination of improving digital technologies and data management solutions is having a significant impact on insurance pricing explains David Evans, managing director at the Collinson group.
Vienna Insurance Group acquires Axa Life in Romania
Vienna Insurance Group has closed the acquisition of Axa Life in Romania, increasing its presence in the country.
Axa transfers £600m historical liability book to Riverstone
Axa has started transferring its historical disease liability book of business to Riverstone.
Ex F1 mechanic to speak at IBIS 2017
A former Formula One race mechanic will address the International Bodyshop Industry Symposium taking place in June in Madrid.
Kevin Skillin to retire as chairman of Imperial Consultants
Kevin Skillin will be retiring from Imperial Consultants on the 31 August this year and will be handing the role to his son, Mark Skillin.
This Week in Post: Extinction and distinction
This week I took my toddler to see the roaring animated T-rex at the Natural History Museum. “Raaa!” she growled, before wimping into her father’s arms, unaware dinosaurs are actually extinct.
Independent's joint scheme administrators announce first and final dividend
After delays last month, the joint scheme administrators of Independent Insurance Company Mark Batten and Dan Schwarzmann have announced a first and final dividend.
Manchester Underwriting Management hires two managing directors
Manchester Underwriting Management has appointed Antony Broome and Pat Wood as joint managing directors of its newly created Casualty Division.
Impact of Dive in Festival sees more Lloyd's firms implementing formal D&I policies
The number of Lloyd’s firms with diversity and inclusion councils or committees has gone up by 17.5% since 2016.
Watchstone to break up as CEO prepares to leave
Watchstone has revealed plans to break up as it prepares all remaining businesses for divestment.
Hastings sees new business influx following Ogden change
Customers buying car insurance through price comparison sites has led to an influx of new business for Hastings as motor premium rates continue to rise in light of the change to the discount rate.
Covéa's James Reader on insurance's ‘two lengths of the pool’
Spending some time with sport psychologist Simon Hartley reminded James Reader, CEO of Covéa Insurance, it can be all too easy to lose focus on what we’re really here to do