Articles by Ryan Hewlett
Aviva paid out £2.7bn in claims during 2016
Aviva paid £2.7bn last year in cash settlements and services to more than 775,000 UK customers claiming on their individual insurance policies.
Structured Data Capture now live for all classes of business
The first phase of Structured Data Capture is now complete and live across all classes of business in the Lloyd’s market.
Allianz secures finding of dishonesty against claimant law firm
A court has found that a claimant law firm inflated legal costs by over 75%, in a landmark case brought by Allianz.
VIG bolsters market share with Seesam acquisition
Vienna Insurance Group has acquired Estonia-based Seesam Insurance.
Chubb names Church as international property head
Chubb has named Brian Church executive vice president and head of international property for Chubb’s overseas general business, effective 1 January 2018.
BP Marsh takes £5m stake in EC3 Brokers
BP Marsh has taken a 20% equity stake in Lloyd’s broker EC3 Brokers for a cash consideration of £5m.
Insurance start-up Insure Pal to launch £15m initial coin offering
Insurance start-up Insure Pal is raising $18m (£15m) in an Initial Coin Offering to fund its UK motor launch in H1 2018.
Navigators secures market access through Belgian acquisitions
Navigators has purchased two Belgium-based businesses in a €35m deal which it hopes will allow continued access to the European market after Brexit.
Marsh names Moody as CEO of UK specialties
Broking giant Marsh has named Paul Moody as CEO of its UK specialties division.
Fidelis takes stake in surety MGA
Bermuda-based Fidelis has taken an equity stake in small business MGA Firestone Surety.
GRP posts £150m GWP boost for 2017
Specialist insurance consolidator Global Risk Partners has seen gross written premiums rise £150m over the course of 2017.
Tysers buys Cosmos’ London commercial lines business
Tysers has bought the London-based commercial lines business of Cosmos Services for an undisclosed sum.
Axis Capital’s reinsurance CEO to join Brit boards
Brit has chosen Axis Capital’s reinsurance CEO Jay Nichols to join the boards of Sussex Capital and Brit Re as non-executive director
FCA launches guidance on senior managers and certification regime
The Financial Conduct Authority has published proposals on how firms and individuals will move to the senior managers and certification regime.
Plum opens underwriting and service hub
Plum Underwriting has opened an underwriting and service centre in Basildon, Essex.
Brit launches Sussex Capital
Specialty insurer and reinsurer Brit has launched a Bermuda-domiciled reinsurance platform, Sussex Capital.
Guernsey-based funds complete first ILS trades on blockchain
Solidum Re has successfully completed the first two secondary market ILS trades on a blockchain.
Man sentenced after 13 false insurance claims
A man has been sentenced at Liverpool Crown Court after attempting to claim compensation on 13 separate occasions for alleged damage caused to his car.
Hood Group partners with Canopius Syndicate 4444
Data and technology insurance specialist, Hood Group, has partnered with Canopius Lloyd’s Syndicate 4444.
Duke of Norfolk joins Helios as non-executive director
Edward Fitzalan-Howard, the duke of Norfolk, has joined Helios Underwriting as a non-executive director.
Sector welcomes PM’s first Brexit deal
The insurance sector has welcomed news that the UK and EU plan to move onto the next phase of Brexit talks but stresses the need for certainty on the UK’s future trading relationship with the bloc.
Nine crash for cash fraudsters convicted
Nine members of an organised ‘crash for cash’ scheme have been convicted following a motor fraud case brought forward by insurer LV and law firm DWF.
Davies Group boosts tech investment with innovation lab launch
Davies Group has launched an innovation lab to boost investment in technology and digital transformation.
FCA fines Bluefin £4m for misleading customers
The Financial Conduct Authority has fined Bluefin over £4m for failing to provide information to its customers about Bluefin’s independence in a way that was clear, fair and not misleading.