Insurer
Biba in talks with Enterprise liquidator to help affected brokers
The British Insurance Brokers’ Association is in talks with failed insurer Enterprise’s liquidator with the aim of helping affected UK brokers.
Enterprise Holdings calls in administrators in light of legal action, liquidator warns of fraudsters
The parent company of failed Gibraltar insurer Enterprise has appointed two liquidators to “protect and safeguard” its assets.
Davies Group sees 38% revenue increase in H1 2016
Davies Group saw revenue increase 38% to £44.6m in H1 2016 compared to £32.4m for the same period last year.
‘The Rottweiler’ doubles stake in Esure ahead of demerger
A hedge fund boss dubbed ‘The Rottweiler’ by the City has doubled his stake in Esure, following the insurer’s decision to split off its Go Compare business.
Brit launches new Lloyd's syndicate
Brit has been granted permission by Lloyd’s Franchise Board to launch a new syndicate.
Safe Journey terrorism cover expands with single parent family rate
The UK’s only standalone terrorism travel policy has extended its cover with a single parent family rate.
Why the government's proposed limitations and banning of whiplash are a mistake
Headlines continue to scream out - compensation culture, crash-for-cash, ambulance-chasing lawyers.
Third of UK insurers haven't analysed impact of Brexit on staff
A third of UK general insurers haven't analysed the impact leaving the EU will have on their staff.
This week: Patronuses, start-ups and blockchain
As J K Rowling continues to delight fans with updated ebooks on her website Pottermore this week we learnt a bit more about our team mates on Post as a new feature was released.
Yahoo breach will push more firms to take out cyber cover
The Yahoo data-breach will push more firms to take out specialist cyber-insurance, analysts have told Post.
Aviva appoints Andrew Wilkinson as technical claims director
Aviva has appointed Andrew Wilkinson as technical claims director of its UK general insurance business.
Co-op Insurance sees strong GI growth in H1 2016
Co-op’s General Insurance Division has seen a 29% increase in gross written premiums in the first half of 2016, up to £242m from £187m for the same period last year.
Novae chief financial officer Charles Fry steps down
Novae chief financial officer Charles Fry stepped down from the board from Friday and will leave the company on 31 October.
Blog: Collateral lies ruling doesn't change anything
The Supreme Court judgment on 'collateral lies' is in keeping with established market practice across first-party personal lines claims.
The case for a united front in the fight against fraud
The insurance industry has been multiplying initiatives against fraud but is it presenting a unified front against increasingly organised scams?
Could other start-ups follow the Beyonce name-checking Lemonade in seeking musical inspiration
This week saw the launch of the much trumpeted and anticipated peer-to-peer insurer Lemonade.
Asta receives approval to establish Blenheim
Asta has received approval from Lloyd's to establish its new syndicate, Blenheim.
Lloyd's may look to EU member states on a 'bilateral basis' following Brexit
Lloyd's of London may approach each EU member state individually following Brexit, with the possibility of setting up more than one European centre.
Aspen Risk Management acquires LSM’s regional P&C book
Aspen Risk Management has acquired the renewal rights for LSM’s UK regional property and casualty business.
Lloyd's post-Brexit plans 'already under way'
Lloyd’s of London CEO Inga Beale has told the BBC this morning that Lloyd’s is looking to set up a subsidiary on mainland Europe to counter loss of business post-Brexit.
Lloyd's sees profits grow £260m in first half of 2016
Lloyd’s of London has reported an increase in profits of £260m billion in the first half of 2016 as compared to the same period last year.
Average UK car insurance premium rose by 13% over past year
The average car insurance premium in the UK has risen by 13.5% over the past year as the industry continues to battle against a surge in costly claims.
Market reacts to PRA consultation papers on Solvency II
The Prudential Regulation Authority has released a consultation paper with a draft supervisory statement on its expectations of insurers in significant loss events.
Lemonade aims to shake up insurance with New York launch
Lemonade, the start-up insurer promising to donate its underwriting profit to charity, is to start offering insurance coverage in New York from today.