News
Quantee eyes further global expansion after partnering with Socotra
Insurtech Quantee has partnered with Socotra to help “ease the pain” of digital transformation while it continues its global footprint.
Aviva’s Marc Lewis to leave for Ecclesiastical
Aviva's Marc Lewis has been appointed as Ecclesiastical’s UK underwriting director, Insurance Post can reveal.
CII’s Local Institute VP resigns following personal attacks
David Ross, vice president for Local Institutes, resigned from the Chartered Insurance Institute citing criticism from volunteers as the reason for his departure.
Sky UK enters insurance with smart tech home launch
Sky UK has launched itself into UK insurance by announcing the creation of Sky Protect, a home insurance product incorporating smart tech.
Ardonagh in double swoop; UK General rebrands; SRG launches in Europe
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments, and strategic moves of the week.
Unpicking the devilish details of the CII’s five-year plan
Editor’s View: Emma Ann Hughes ploughs through the Chartered Insurance Institute’s 48-page five-year strategy and seeks members of the professional body’s views on the devilish details contained in the plan.
US insurer reveals plan to expand into the UK
Florida-based specialty insurer Fortegra is redomiciling European operations from Malta to Belgium, filing for passporting rights throughout the continent plus applying for licences in the UK to write "regular property and casualty insurance products",…
Direct Line snaps up By Miles
Direct Line Group has acquired By Miles Group to bolster “digital-first journeys” for customers.
CBI exodus as insurance firms leave amid allegations
Insurance firms are leaving the Confederation of British Industry at a rate of knots. Post collects the statements of all those leaving the CBI.
Aviva partners with Cyber Cube; Zixty launches Broker Distribution; Ageas moves HQ
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
FCA tells brokers to stop paying third parties without justification
The Financial Conduct Authority expects brokers of multi-occupancy buildings to “immediately stop paying commissions to third parties where they do not have appropriate justification and evidence for doing so”.
Could the PRA soon be knocking on personal lines insurers’ doors?
Editor’s View: 2022 was tough for personal lines, but if you are an insurer who had a particularly difficult year, the Prudential Regulatory Authority could soon be knocking on your door.
More exits possible as Hannover Re becomes third member to leave NZIA
After a Moody's report stated two founding members of the Net Zero Insurance Alliance left because of "material antitrust risks", Hannover Re has decided to leave the alliance.
Q&A: Adam Powell, Policy Expert
Adam Powell, co-founder and chief operating officer of Policy Expert, catches up with Insurance Post to talk about what it takes to develop an insurtech, its tech team expansion, and diversification issues in the market
Biba cancels CBI membership after misconduct allegations
The British Insurance Brokers’ Association has withdrawn its membership of the Confederation of British Industry, following reports of sexual misconduct by senior members of staff.
Insurtechs raise fears over AI regulation
Insurtech chiefs have raised concerns about the government's plans to regulate artificial intelligence, warning red tape could restrict innovation.
IS2’s Sultana targets ‘aggressive’ growth to double revenue within four years
Joe Sultana talks to Insurance Post about his new role as IS2’s commercial director, and the strategies he will implement to accelerate growth to meet the company’s four-year plan.
Lloyd's partners with Biba; McLarens expands leadership board; Allianz makes two promotions
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Could insurance brokers soon face caps on commission?
Analysis: As the government demands pulling the plug on unfair insurance commission, Frances Stebbing examines whether the regulator could change the rules for how brokers get paid.
Founding NZIA members drop out of the climate initiative
Zurich is the second Net-Zero Insurance Alliance member to quit the initiative, days after Munich Re.
Esure chief says plummeting profits won’t derail digital ambitions
Esure chief executive David McMillan revealed the provider will press ahead with the £140.6m digital transformation programme despite posting a £29.1m loss for 2022.
WTW partners with Sapiens; Zurich expands regional network; Pen UW creates head of IP
Friday Round Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Chubb transitions to climate-focused underwriting criteria
Chubb changed its underwriting criteria for oil and gas extraction projects in a bid to help stop global warming.
Insure Our Future sends open letter to 30 fossil fuel insurers
Campaigners from Insure Our Future wrote to chief executives of 30 insurance companies pleading them to “scale up efforts” to avoid an “unmanageable” climate breakdown.