Articles by Rosie Quigley
UK businesses 'underestimate' the effects of cyber attacks
UK businesses underestimate how long the effect of a cyber attack will last, with 50% expecting to be fully operational after just 48 hours following an attack.
Fidelis appoints Charles Mathias to its board of directors
Fidelis has appointed Charles Mathias to its board of directors, replacing Neil McConachie who resigned as group financial officer and director earlier this year.
Insurance Fraud Task Force calls on aggregators to use data sharing platforms
The Insurance Fraud Task Force has recommended that aggregators utilise software to weed out application fraud.
PRA to consider insurers' Brexit contingency plans
More than 400 banks and insurers have submitted Brexit contingency plans to the regulator, as the UK looks to negotiate a favourable exit deal from the European Union.
Khaitan to head up RSA's GRS business
Ex-Aspen head of change, Anny Khaitan, has been appointed as chief operating officer of RSA’s Global Risk Solutions business, after joining the insurer in July 2017.
Interview: Humphrey Bowles, Guardhog
Despite his last business venture crashing and burning, Humphrey Bowles, co-founder of Guardhog, has re-entered the insurance market with an insurtech proposition to serve the sharing economy.
GDPR consultation fails to address 'key concerns' of industry
The insurance industry has critcised the government statement of intent on the new data protection bill saying it fails to address concerns on processing sensitive data without obtaining explicit consent.
Businesses could face £17m fine for lack of cyber protection
Businesses that fail to protect their services from cyber attacks could face fines of up to £17 million, the Department for Digital, Culture, Media and Sport has warned.
Analysis: The age of consent
Insurers will need to get the consent from their policyholders to collect their personal data, under regulation coming into force next year
Commercial insurers' claims handling failing SMEs
Commercial insurers are failing to give their SME customers a satisfactory claims experience, with 70% saying that their interim and financial claims amounts had not been agreed promptly enough.
Allianz and LV to remain competitors until first half of joint venture deal is completed
Following the announcement that Allianz will buy 49% of LV’s general insurance commercial business, both parties have said that they will remain competitors until phase one of deal is completed at the end of 2017.
More innovation to come from Axa as it looks towards driverless cars
Axa has said it will be looking to increase its involvement with insurtech and ‘lead the way’ on driverless cars, following recent insurtech partnerships.
Axa reports reduction in COR and improvement in underwriting profit in H1
Axa has reported an improvement in its underwriting profit and a reduction in its combined operating ratio which fell to 97.7% in the first half of 2017 from 98.2% in the same period last year.
Lemonade expands to fourth state since launching
Lemonade has launched its Artificial Intelligence-driven insurance product in New Jersey, making the state the fourth that it has expanded into.
Ed goes live with new trading platform to complement PPL
London market broker Ed is rolling out its own digital trading platform that will complement Lloyd’s payment placement platform.
Homelyfe appoints Peter Barrett as chairman
Insurtech company Homelyfe has hired ex-Genworth Financial managing director, Peter Barrett as chairman of the business.
Insurers in call for clarity over autonomous and assisted technology
Insurers have today highlighted the potential dangers of the ambiguities surrounding autonomous driving and driverless technology.
Direct Line reports increase in profit despite home taking a hit
Direct Line Group has reported that its profit before tax has gone up by 14% to £341.4m in the first half of 2017, compared to £298.5m in the H1 2016.
Rising Star: Louise Williams, Smartdriverclub
Having worked for an aggregator, Williams is now a product manager at the broking start-up
Argo Global makes two senior appointments
Argo Global has appointed Dominic Kirby as managing director as David Harris prepares to step down and take on a new role.
Axa partners with Uber to provide employee cover
Uber and Axa have signed a partnership that will see France-based independent Uber employees receiving insurance cover for free.
Questgates appoints Ganson to its board
Colin Ganson has been appointed to the board of Questgates after taking part in the restructure and reorganisation of the firm’s property division.
On-demand insurance provider receives £1.2m in funding
Pay-as-you-go insurance provider, Zego has raised £1.2 million in a seed funding round following the launch of its first product led by Aviva.
Sequel enters partnership with fintech underwriter
Software specialist, Sequel Business Solutions has entered long-term partnership with fintech underwriting company, Elseco.