For an industry that strives to understand and manage risk, uncertainty is not something that is relished. But with some market hardening, a final report from the Financial Conduct Authority on pricing practices and the possibility of Brexit all on the…
A-Plan will be opening its 100th office within the next two months, CEO Carl Shuker told Post.
The creditors of Spectrum Bidco, a former holding company of Iprism Underwriting Agency, have approved its administrator’s proposals which will lead to the liquidation of the company.
An insurtech fronted by a former Aviva director is in negotiation with a trio of major insurers about adopting its solution, which co-founder and CEO James Russell describes as “Fit Bit for business”.
Marsh Commercial has confirmed that Bristol, Glasgow, Harrogate, Leeds, and Worcester will host its previously announced Enterprise Centres of Excellence focused on SME business.
Bowmark Capital-backed Iprism Underwriting Agency has completed a group restructuring including a pre-pack administration of its holding company for £329,300, writing off tens of millions of debt.
A child of the dot-com boom, CFC Underwriting has now left its teenage years behind as it enters its twentieth year as one of the pre-eminent specialist managing general agents in the London market. CEO David Walsh spoke to Jonathan Swift about the …
This week, some Post colleagues and I attended CFC Underwriting's annual Halloween party. The theme this year was carnival, and accordingly, the party was full of clowns, fortune tellers and more than the odd Joker.
The SME market represents a major area of growth for insurers but Sara Costantini, managing director of Crif Decision Solutions, asks what providers are doing to capitalise on this opportunity?
CFC is exploring the possibility of entering the personal cyber market.
Developing resilience to cyber liability is now a significant task for businesses of every size. But according to Paul Bassett, managing director of crisis management at Gallagher, the rise of cyber and IT security risks, malware viruses and data…
Insurtech Inshare is seeking to bring peer-to-peer risk and insurance management to the commercial community as it gears up to launch ahead of the Insurtech Connect event in Las Vegas next week.
A rise in the volume of UK businesses that have cancelled at least one type of insurance cover over the past few years has served to highlight the importance of the broker’s role in the insurance buying process
For the second time in less than two months an insurer has come under fire from the Small Business Commissioner, after the SBC looked into a vehicle repair specialist’s complaint and made recommendations to Zurich to improve its payment practices for…
Insurers should take more data into account in order to quote small businesses premiums that properly reflect their risk, Lexis Nexis Risk Solutions has said.
Crisis incidents cost UK SMEs a combined £8.8bn in 2018, with cyber-attacks, data breaches and cyber extortion incidents being most prevalent, research from Gallagher has found.
SMEs are a prime target for cyber criminals because they are believed to have limited resources and employ less technically aware employees than larger enterprises. Despite this, these businesses, their insurance providers and brokers are not assessing…
There seems to be a significant number of drivers for change in the SME market, which begs the question how the relationship between brokers and these clients will change. Edward Murray looks at the opportunities available for intermediaries to remain as…
London seems strangely quiet in the summer, most people are away on holiday, and out of office replies are basically a given.
In the latest in his series of Insurtechs to Watch, Post content director Jonathan Swift casts an eye over six more start-ups looking to make a splash in the UK insurance sector.
Invoice insurance startup Nimbla has replaced its previous underwriter Munich Re, with QBE.
Small and medium-sized enterprises are facing a plethora of challenges. So how are insurers helping this sector?
Insurers are coming under increasing pressure to develop new ways of pricing. But, while data and technology hold the key, insurers face some significant challenges as they move to this brave new world.