Articles by Will Kirkman
Modernisation essential to ward off emerging market threat, says Beale
Lloyd’s must continue its focus on modernisation or remain under threat from other jurisdictions, a conference heard.
QBE Europe took £109m Ogden hit in 2017
QBE Europe’s 2017 combined operating ratio deteriorated to 99.6% as a result of a £109m impact from the Ogden discount rate.
Westminster Bridge terror victims still waiting for compensation
Exclusive: Victims of the Westminster Bridge terrorist attack are still waiting to have their claims settled.
Career Development: Five insurers reveal gender pay gap figures
Five insurers have revealed by how much women are underpaid in their organisations compared to men.
Market Moves: March 2018
Some of the movers and shakers in the market this month
Career File: Marshall Bailey
Bailey named as chair of the Financial Services Compensation Scheme
RSA UK commercial book sees COR deteriorate to 108%
RSA UK saw its combined operating ratio for commercial operations deteriorate to 108.1% over the course of 2017.
Analysis: Insurers torched on Twitter over Liverpool Fire
How social media influenced the response of insurers to the Liverpool fire
AA to inject up to £50m solvency capital into underwriter
AA Insurance is set to invest up to £50m into its underwriter in an attempt to accelerate growth.
Call Connection administrators attempting to recover money from former boss
Exclusive: The joint administrators of failed insurance lead generator Call Connection are attempting to recover money owed by its former boss and founder.
Allianz UK CEO Dye declines to comment on XL acquisition rumours
Allianz UK CEO Jon Dye has declined to comment on recent speculation that the group is looking to acquire XL.
Allianz UK operating profit climbs by 26% in 2017
Allianz UK saw operating profit rise 26% to £121.3m in 2017, up from £96.2m in the previous year.
Seventeen Group acquires high-net-worth broker
Seventeen Group has acquired East Sussex-based Rupert Burgoyne Limited for an undisclosed sum.
FCA calls for industry input on regtech
The Financial Conduct Authority has called for input on the use of technology to ease regulatory reporting.
Whiplash fraudster given two month prison sentence
A whiplash fraudster has been handed a two month prison sentence and been ordered to pay £14,000 in costs.
Insurers to fund personal injury IT gateway
Exclusive: The government has accepted an offer in principle from the insurance industry to fund a new IT gateway to allow litigants in person access to the claims portal.
Saga appoints Patrick O’Sullivan as chairman
Saga has appointed Patrick O’Sullivan as chairman with effect from 1 May 2018.
Hiscox found not guilty in ICO criminal prosecution
Hiscox has been found not guilty of breaching the Data Protection Act in a court case brought against it by the Information Commissioner’s Office.
Cigna Insurance Services pulls out of travel market
Exclusive: Cigna Insurance Services has pulled out of the travel insurance market.
Commercial broker Proaktive completes £2m MBO
Commercial broker Proaktive Risk Group has completed a £2m management buy-out backed by debt funding from Mercia Fund Managers.
Six out of 10 opposed to fixed costs on NHS negligence cases
Six out of 10n respondents believe that government plans to cap clinical negligence claims against the NHS are a bad idea, according to a consultation paper.
Q&A: DCI Andy Fyfe, Insurance Fraud Enforcement Department
Two months on from his appointment as head of the City of London Police’s Insurance Fraud Enforcement Department, Post sat down with detective chief inspector Andy Fyfe to discuss the ways Ifed is tackling insurance fraud.
Eleanor insured losses estimate updated to £571m
Extratropical Cyclone Eleanor is estimated to have caused €643m (£571m) in insured property market losses, according to Perils.
Whiplash reforms could come in April next year
The government will implement its personal injury reforms in April next year, sources have said.