Articles by Martin Croucher
Pioneer names former XL Catlin CEO as boss
Former XL Catlin UK CEO Andrew McMellin has been named CEO of Pioneer Underwriters.
Axa XL announces replacement for Paul Jardine
Paul Greensmith has been appointed CEO of the newly-formed company Axa XL, replacing Paul Jardine.
ERS owners explore potential sale
The owner of Lloyd’s motor insurer ERS is exploring the potential for a sale of the business.
Lloyd’s sees diminished results even as it shrugs off 2017 losses
Lloyd’s H1 pre-tax profit was down 51% on the same period last year, even as the Corporation saw improvements in its combined ratio.
Customers in line for compensation as UK broker fails
Customers of a failed Leicester broker could be in line for compensation from the UK’s guarantee scheme.
Premium Credit says customer data is safe following ‘cyber incident’
Hundreds of customers have been unable to secure premium finance after the UK’s largest provider saw its services go offline following a “cyber incident”.
Scor investor threatens action over rejection of Covéa takeover bid
Scor’s leadership has been accused of “gross negligence” over its rejection of a takeover bid from Covéa.
Allianz splashes out on Olympics sponsorship
Allianz will become the worldwide sponsor of the Olympics from 2021.
Marsh group buys JLT for $5.6bn
Marsh & Mclennan will buy Jardine Lloyd Thompson for $5.6bn (£4.2bn) in a move that will shore up the company’s position as the largest broker in the world.
David Beckham becomes health ambassador for AIA Group
Ex-footballer and England captain David Beckham will become the global ambassador for pan-Asian life insurance firm AIA Group.
Police called to Brolly offices after overnight break in
The offices of insurtech firm Brolly were broken into, and £15,000 of computers, tablets and phones were stolen.
Carlyle Group confirms $6.7bn Sedgwick acquisition
Carlyle Group has bought claims firm Sedgwick for $6.7m, the company announced, confirming earlier reports.
Fadata replaces CEO in planned turnaround
Exclusive: Fadata has replaced its CEO amid a planned turnaround for the struggling policy administration firm.
Charles Taylor sees H1 blow from restructuring costs
Charles Taylor saw H1 pre-tax profits fall 95% on the back of one-off restructuring costs.
Insurers will not be forced to pass on whiplash savings
Insurers will not be required to pass on savings from whiplash reform to customers, but they will have to report what those savings are.
Sedgwick eyed by private equity in potential $6bn deal
Claims firm Sedgwick could be snapped up by private equity group Carlyle for $6bn, it was reported.
Primark fire losses could be ‘double or triple’ initial £30m estimate
Exclusive: The losses surrounding the Primark storefront fire in Belfast could be “double or triple” the initial estimates of £30m, sources involved in the claim said.
IPT hike leads to £6bn tax windfall
The government collected £6bn from businesses as a result of the increase in the insurance premium tax, an increase of 22% on the previous year.
Insurers welcome government crackdown on 'cold call sharks'
Insurers have welcomed rules aimed at limiting claims management companies from calling vast swathes of the population.
Incoming Lloyd’s CEO John Neal will start next month
Former QBE CEO John Neal will take over the role of Lloyd’s CEO next month, the Corporation confirmed.
Karen Beales departs suddenly from UK General
Karen Beales has stepped down “with immediate effect” from her role as CEO of UK General, less than two years into the role.
This month in Post: A way through the whiplash quagmire?
The controversy over the proposed Civil Liability Bill has centred on whether the changes represent a good deal for consumers or for the insurers.
John Neal to succeed Beale as Lloyd’s CEO
The former head of QBE, John Neal, is in line to replace Inga Beale as Lloyd’s CEO, it has been reported.
Sabre backers exit business with £116.4m share sale
Sabre’s largest shareholders will sell their remaining £116.4m stake in the company, nine months after the company went public.