Insurer
Seven things Insurance Post learnt from its senior MGA executive roundtable
Insurance Post, in association with GreenKite Associates, recently held a roundtable attended by CEOs and other executive members from a range of managing general agents.
Insurers wasting time and putting public at risk with fruitless CCTV requests
Exclusive: Claims handlers are badgering Traffic Scotland with requests for CCTV footage – but insurers may be pointlessly taking resources away from public safety matters.
Travelers buys Trov’s tech
Travelers has bought Trov’s technology assets, with most of the insurtech’s team joining the insurer.
Cladding campaigners seize on ABI hashtag to highlight 'extortionate' premiums
Leaseholders that have seen their buildings insurance premiums skyrocket as a result of the cladding crisis took to Twitter on Tuesday to highlight what they regard as extortionate practices on the part of the insurance sector.
O'Dwyer focuses on collaboration in ABI address
Current industry challenges require collaboration if much needed support is to be delivered, ABI president and Royal London CEO Barry O’Dwyer has told insurers.
Intelligence: Raising the AR bar
The insurance industry should not kid itself that it has no issues in its use of appointed representatives but, according to specialists, the FCA consultation should not strike fear into well-run businesses, writes Emmanuel Kenning.
High Court rules Marshmallow breached Toba and misused Mulsanne's confidential information
Marshmallow breached its obligations under a terms of business agreement with Mulsanne and misused Mulsanne’s confidential information in preparation to launch its own insurance company in January 2021, the High Court has ruled.
Covéa’s Adrian Furness on making insurance careers more than just a job
Adrian Furness, CEO of Covéa Insurance, addresses how and why the industry must support staff with an emphasis on providing positive engagement, a sense of community and mental wellbeing.
Travelers updates on coal stance; Hubb claims metaverse first; Thomas Cook signs insurance partnership; and Vitesse backed by HDI as it raises $26m
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Analysis: Online Safety Bill changes hailed but no room for complacency
Proposals to add paid for advertising and the offence categories of fraud and financial crime to the Online Safety Bill have been welcomed by the insurance industry but as yet there are no guarantees on the final product.
Chaucer stakes claim for 'gamechanger' ESG scorecard in partnership with Moody’s
Chaucer has teamed up with Moody’s with the aim of producing a data-driven environmental, social and governance ‘scorecard’ to enable businesses to assess and improve their ESG performance.
Briefing: Sponsoring staff through driving theory tests could mean a result for insurers too
Insurers and motor claims service providers should seize a win-win opportunity by supporting staff through their driving theory tests, sets out Post news editor Jen Frost.
Partners&’s Phil Barton calls for a new commitment to giving quality advice
In the aftermath of the Supreme Court’s business interruption ruling, brokers must now ditch the transactional practices of the past for an advice-led approach to rebuild the marketplace’s reputation, argues Phil Barton, CEO of Partners&.
Brokers defend record amid insurance probe into 'failing' market for flats and tower blocks
Amid regulatory scrutiny brokers have accepted there are insurance challenges for flats but sought to defend their role when approached by Post.
Q&A: By Bits co-founder, Callum Rimmer
Insurance Post’s commercial editor, Izabela Chmielewska, speaks with By Bits co-founder, Callum Rimmer on the key drivers behind the current growth in momentum when it comes to usage-based insurance amongst policyholders.
Zego adds Catherine Barton as chief insurance officer
Insurtech Zego has appointed ex-Bupa executive Catherine Barton as its first chief insurance officer.
Analysis: Weighing up the FCA’s consumer duty rules
Compliance experts address what the FCA’s new consumer duty proposals will mean for the insurance sector, whether the industry is ahead of the curve and if the changes will be value for money
Insurtech Stubben Edge raises £10m
Broker technology specialist Stubben Edge has secured a £10m investment in its latest funding round led by Dowgate Capital.
Convex publicly rules out insuring Adani and further thermal coal production
Convex has ruled out insuring Adani’s Carmichael coal mine and any new thermal coal production following pressure from climate change campaigners.
Ex-ERS boss Ian Parker joins Catalina as group CEO
Ian Parker has been appointed as group CEO of run-off specialist insurer Catalina Holdings (Bermuda).
Charles Taylor buys majority stake in insurtech Fraud Keeper
Charles Taylor has bought a majority stake of automation and artificial intelligence software as a service platform Fraud Keeper, Post can reveal.
Allianz hits 100% renewable electricity in UK offices target
Allianz Holdings, which comprises Allianz Commercial and Allianz Personal, has revealed that 100% of the electricity its UK offices use now comes from renewable sources.
Chubb promotes Jon Houghton to head of distribution for UK and Ireland
Chubb has made Jon Houghton head of distribution for the UK and Ireland expanding his previous role as distribution manager for national brokers in the region.
Abacai’s Day Insure pursued for £500,000 plus by M&A advisory firm
Financial advisory firm Imas is seeking at least £500,000 from Day Insure in a suit that has revealed Aviva, PIB, Pikl, Sabre and Vantage were all in the frame to buy the broker.