Articles by Jen Frost
Amanda Blanc joins Laka
Former Zurich EMEA CEO and Axa UK and Ireland CEO Amanda Blanc has joined insurtech Laka, Post can reveal.
Blog: (We) Working through Lemonade’s IPO woes
I wasn’t surprised to see that Lemonade has reportedly shelved its plans for an initial public offering, amid troubles in investor Softbank’s portfolio.
FCA CEO Andrew Bailey named next Bank of England governor
Andrew Bailey, CEO of the Financial Conduct Authority, will take over from Mark Carney as governor of the Bank of England in March.
Government pledges to deliver long-term market access for UK and Gibraltar firms
The government will take steps to ensure long-term market access for UK and Gibraltar financial services firms, according to a Queen’s Speech briefing document.
Government to plough on with Thomas Cook Compensation Bill
The government has outlined plans for a capped compensation scheme for Thomas Cook customers suffering “the most serious hardship” from injuries or illness.
Peter Zaffino named AIG president
Peter Zaffino will become president of insurer AIG in the New Year.
Bank of England consults on climate change stress tests
The Bank of England is consulting on proposals for its 2021 Biennial Exploratory Scenario exercises, which will test the resilience of banks and insurers to various climate scenarios.
Former Hastings group CFO Hoskins takes on BGL NED role
Hastings’ former group chief financial officer, Richard Hoskins, will join BGL as an independent non-executive director in January.
Harris Balcombe creates head of cyber risks role
Mark Harris has joined loss assessor Harris Balcombe as head of cyber risks, Post can reveal.
Eldon rebrands as Somerset Bridge
Arron Banks’ Eldon Insurance Services has rebranded as Somerset Bridge Insurance Services after receiving approval from members and the Financial Conduct Authority.
Blog: Fail it or nail it?
Post news editor Jen Frost mulls general insurance appetite for innovation and, somewhat unintentionally, stumbles on Amanda Blanc as a common theme.
Amanda Blanc joins insurtech Trov as senior adviser
Former Zurich CEO for EMEA and global banking partnerships and Axa UK and Ireland CEO, Amanda Blanc is joining insurtech Trov as a senior adviser.
Pukka no longer writing new business with Gefion
Pukka Insure stopped writing new business with Gefion in July, replacing it with two A-rated carriers.
Danish regulator demands action as it identifies ‘serious liquidity problems’ at Gefion
Unrated Danish insurer Gefion Insurance must have liquid assets of at least €5m by the end of the year amid fears by the regulator that the company has “serious liquidity problems.”
ICO procedural errors in handling Eldon/Leave EU investigation exposed
The Information Commissioner’s Office will be hoping that procedural bungles do not jeopardise its proposed audit and fines of Eldon Insurance and Leave EU, after its legal counsel was forced to admit standards had fallen “well below” expectations, Post…
Eldon and Leave EU take a ‘two-faced’ and ‘cavalier’ approach to compliance: ICO
Arron Banks’ group of companies take a “two-faced approach” to regulation and the Information Commissioner’s Office should be allowed to maintain its fines and audit against Leave EU and Eldon, a tribunal heard.
Allianz appoints UK IT director
David Richards has been named as Allianz’s UK IT director.
ICO fines and enforcement action ‘significant and novel extension’ of regulatory powers: Eldon and Leave EU
Eldon Insurance and Leave EU fines totalling £105,000 and a data audit against the broker levelled by the Information Commissioner’s Office are “divorced from reality,” a tribunal heard yesterday.
Eldon sold 788 insurance policies through Leave EU marketing emails
Eldon Insurance brand Go Skippy sold 788 policies via Leave EU marketing emails, which were later branded as contravening regulation by the Information Commissioner’s Office.
Duck Creek picks up $120m investment
Insurance software provider Duck Creek has raised $120m (£91.3m).
Lemonade hires chief marketing officer
US-based insurtech Lemonade has hired Jeff Brooks as chief marketing officer.
German insurtech Getsafe plots UK launch
Heidelberg-headquartered Getsafe is planning to launch a contents and liability product in the UK in the first quarter of 2020.
BBC NED Shirley Garrood no longer a director at Esure
Former Esure deputy chair Shirley Garrood is no longer a director at the insurer, Post can reveal.
Blog: If the market is serious about stamping out harassment it cannot reward bad behaviour
For a market suffering from serious reputation issues when will insurance learn it must start making serious changes?