Insurer
PIB acquisition spree continues with TFP capture
PIB Group made its seventh acquisition of 2016 with the capture of wholesale broker TFP Schemes.
Insurers paid out $50bn for natural disasters in 2016
Insurers paid out $50bn (£41bn) in natural disaster claims during 2016, making it the costliest year for natural catastrophe losses since 2012.
Insurtech firms could face Brexit brain drain
Insurtech start-ups could face a talent black hole as a result of Brexit, analysts have warned.
Japanese mutual to cut third of department staff after implementing AI system
A Japanese life insurance mutual is preparing to cut nearly a third of its payment assessment department's workforce after introducing Artificial Intelligence System IBM Watson.
2017 Preview: What lies ahead for insurance?
After sharing their views on 2016 last month, insurers and brokers make their predictions for the coming year. What do they think the highlights and lowlights will be over the next 12 months?
C-Force: It's time to unmask the claims heroes
2016 was a big year for insurance claims – but who are the people behind the scenes, making sure customers receive the best service possible?
Insuring the future: 10 tech gadgets
Innovations are bringing new technology into our lives at an almost frightening pace. Whether we want to control our central heating from our smartphones or check on our home security, appliances that can be controlled remotely are giving us greater…
Roundtable: Health and cyber crime: Cyber crime against the healthcare sector
With cyber crime the fastest growing criminal activity in the world, attacks on healthcare providers are becoming more prevalent. Post, in association with Kennedys, hosted a roundtable to find out the scale of the threat – and what the industry can do…
Career Development: Axa launches global parental leave and support policy for staff
Axa has launched its first global policy covering inclusive parental leave and support.
Lemonade rolls out US-wide expansion
Lemonade will be expanding nationwide within the over the next year, with the company claiming its service is highly demanded in California, Michigan, New Jersey and Texas.
Axa reveals £69m loss following Bluefin sale
Axa has revealed a £69m loss following the completion of the sale of its national broker Bluefin to Marsh.
Endurance sets date for shareholder vote on Sompo takeover
Endurance has set the date when shareholders will vote on the company’s $6.3bn (£4.96bn) takeover by Sompo.
FSCS pays out over £26m on Enterprise claims
The Financial Services Compensation Scheme has paid out over £26m in compensation on claims following the collapse of Enterprise Insurance.
IUA says Brexit representation is the London market priority for 2017
The strong representation of London insurers’ views on Brexit is a priority for 2017, according to the International Underwriting Association.
Boris Johnson rounds on ‘insane’ Vnuk ruling
Boris Johnson has declared the EU Vnuk ruling as “insane”, even as the government launches a consultation on ways to incorporate the ruling into UK law.
Spotlight: Motor data: Taking today's customers into the fast lane
Having grown up in the internet age, Millennials have very different expectations to previous generations. Young people are getting into the driver’s seat and motor insurers need to understand how to build a relationship with them
Trumped out of Iran: US politics and the London Market ‘gold rush’
One year on from the lifting of sanctions on Iran, what has changed?
Blog: Overcoming inhibitors to product delivery
Many insurers are stuck trying to figure out how to get their digital initiatives off the ground and are overly focused on how to create the next Uber for their industry.
Europe: How to spot online insurance opportunities
More than 400 online channels of insurers in Europe are currently doing business and this number is increasing. However, not all of these online channels are successful.
Blog: Cyber risk in aviation
The cyber threat to planes is bound to raise public fears, but the aviation industry operates in a way that minimises risks.
Merry Christmas from Post
Incisive Media's offices are now closed until Tuesday 3 January 2017 for the festive period. We would like to take this opportunity to wish you all a very Merry Christmas and a Happy New Year from the Post team.
Final Perils loss estimate for Storms Eva and Frank hit £504m
Catastrophe data firm Perils said flooding linked to storms Eva and Frank caused insured losses of £504m.
Ocaso rejects £50,000 claim due to policy holder withholding information
The Welsh assembly has criticised Ocaso Insurance’s refusal to pay out for a £50,000 flood damage claims, calling the decision ‘unreasonable’.
Court of Appeal finds insurers may only have to pay incurred reinstatement costs
Insurers may only end up paying for reinstatement costs that the insured has in fact incurred, the Court of Appeal has found.