Articles by Martin Croucher
RSA's hard line on underwriting ‘likely to yield better result’
RSA will likely return to better than expected result this year after making £260m of cuts to business lines, analysts say.
David McMillan appointed Esure CEO
Esure has hired QBE’s David McMillan as its CEO with a mandate to fulfil “very ambitious” digital plans for the business, by new owner Bain Capital.
Jonathan Evans to replace Lord Hunt as Biba chair
Former Conservative politician Jonathan Evans will replace Lord Hunt of Wirral as the chair of the British Insurance Brokers’ Association.
Aspen MGA in run off with 111 jobs at risk
Aspen has cut loose its UK SME managing general agent, with 111 jobs on the line as a result.
Ardonagh vs Gallagher judgement could take longer than three months
The long-running court battle between Ardonagh and Gallagher finally wrapped up on Friday, but a written judgement may take more than three months to arrive.
Confused to white label Uswitch insurance business
Exclusive: Confused will white label Uswitch’s insurance comparison business as part of a deal with the parent company.
Failed insurer Gable faces claims of £328m
Total claims against failed insurer Gable could add up to £328m, the company's liquidator said.
This week: The Godfathers of insurance return
Just when they think they’re out, insurance pulls them back in. This week, two big names from the recent past, Stephen Catlin and Steve McGill, returned to the fold.
Axa places 125 jobs at risk following claims restructure
Axa has placed 125 roles at risk of redundancy as a result of further restructuring of its claims business.
Analysis: What do Tesla’s insurance ambitions mean for its partners?
Exclusive: Tesla’s plan to launch its own insurance for customers within a month has raised questions over how it will affect its current affinity deals with insurers.
MS Amlin names replacement for CFO John Worth
MS Amlin has named former Old Mutual executive Iain Pearce as its chief financial officer.
Special report: Industry gender pay gap shows little change
Exclusive: The industry’s gender pay gap numbers remain relatively static, with experts warning that it could be up to a decade before the impact of recent diversity initiatives are reflected in the numbers.
Grenfell insurer anticipates losses of £75m
Exclusive: The insurer of Grenfell Tower has so far paid out £24.5m to the Royal Borough of Kensington and Chelsea, and expects total insured losses to reach £75m.
Premiership Rugby will not sever relationship with Gallagher over racism allegations
Premiership Rugby will not sever sponsorship links with Gallagher despite the company’s UK CEO describing a former employee as a “complicated fat Arab”.
Insurers criticised for ‘voiding’ of Irish policies
Insurers have been rebuked for “voiding” policies on the basis of non-disclosure.
Pukka halts UK branch Brexit plan
Exclusive: Pukka has shuttered a dormant UK branch that would have acted as a contingency if the UK and Gibraltar lost passporting arrangements.
Industry overshadowed by harassment as Dive In marks fifth year
Lloyd’s diversity festival, Dive In, has been confirmed for a fifth year, a day after the market was slammed for an ingrained "culture of sexual harassment".
Former Ageas CEO steps down from board of Neos
Former Ageas UK CEO Barry Smith and Ingenie founder Richard King have stepped down from the board of home insurtech Neos.
Ex-LV boss Bunker joins AA board
Former LV boss Phil Bunker will replace Jonathan Roe on the regulated board of the AA.
Insurance fraud rises 27% finds Cifas
The number of fraudulent insurance claims have soared by 27%, fuelled by rises in household and motor fraud.
Hyperion to add $130m to acquisitions war chest
Hyperion is raising an additional $130m (£100m) debt to fund its acquisitions war chest.
Swiss Re confirms exposure to Ethiopian Airlines crash
Swiss Re has confirmed it is a co-insurer of both Boeing and Ethiopian Airlines.
This week: The end of the hard sell
When the regulator fined Carphone Warehouse £29m this week, the real target was the use of high pressure sales techniques in insurance.
Charles Taylor sees losses of £3.3m despite underlying growth
Charles Taylor saw a statutory pre-tax loss of £3.3m last year even as the group saw a strong underlying performance.