Articles by Will Kirkman
Market reacts to PRA consultation papers on Solvency II
The Prudential Regulation Authority has released a consultation paper with a draft supervisory statement on its expectations of insurers in significant loss events.
FCA reveals feedback on the transformative potential of Big Data
The Financial Conduct Authority today published a feedback statement following its call for Inputs on Big Data in retail general insurance in November last year.
Target Global backs Financefox with largest ever European insurtech round
Insurtech app Financefox has revealed that it has raised $28m (£21.6m), the largest insurtech round in Europe to date, led by Target Global and Horizons Ventures.
Video: James Dalton on the ABI's upcoming Motor Conference
The Association of British Insurer's director of general insurance James Dalton talks to Post about why the ABI's motor conference is a must attend for anyone in the industry.
Arthur J Gallagher accuses former CEO of 'poaching' account executive
Arthur J Gallagher is an "over-anxious former employer chasing shadows", lawyers for Aston Scott said in case bought against the broker at the High Court.
Slater and Gordon to claim against Watchstone over professional services acquisition
Personal injury law firm Slater and Gordon is set to make a claim against Watchstone Group, in relation to the law firm’s acquisition of Watchstone’s professional services division last year.
LV examining product lines at a 'forensic level' following H1 results
LV will be examining their product lines at a "forensic level" to increase profitability following its H1 results.
Ex-Quindell boss buys back offloaded property company
Former Quindell founder Rob Terry has bought back the property maintenance business the group sold for £1 in January.
#postpeople 19 - 23 September
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LV sees 85% drop in underwriting profit in H1 2016
LV Group has described its H1 2016 GI results as ‘solid’, despite an 85% drop in underwriting profit and a 69% drop in operating profit from the same period last year.
Watchstone not yet recognising liability for £9.4m damages claim from investors
Watchstone Group, formally Quindell, has stated in its half year results that it is not yet recognising any liability for the £9.4m claim for damages made against it by Quindell shareholders.
Treasury Committee's Solvency II inquiry to focus on capital requirements for annuities
The Treasury Committee’s inquiry into Solvency II post-Brexit is likely to examine capital requirements for annuities and potential risks for reinsurers, according to Fitch Ratings.
Aviva to cut 85 full-time roles in Leicester and London
Aviva will cut 85 full-time roles from its commercial underwriting teams as a result of a refocus on its digital and local trading solutions.
Finch parent company acquires Swiss brokers Advantis
Verlingue, parent company of Manchester based corporate insurance broker Finch, has acquired Swiss commercial insurance brokers Advantis, an offshoot of the insurance handling arm of KPMG.
One third of UK firms now buy cyber cover
UK firms are taking increasingly seriously the need for adequate cyber insurance, with 29% of businesses now in the process of buying cover.
Lloyd's Market Association appoints Tom Hamill to lead delegated authority matters
The Lloyd’s Market Association has appointed Tom Hamill as senior executive, underwriting. Hammill will lead on all delegated authority matters, including binding authorities, lineslips, consortia and other facilities.
DWF joins Aviva in urging the government forward on whiplash reforms
Law firm DWF has joined Aviva in urging the prime minister to progress the promises made in last year’s Autumn Statement on whiplash reforms and the raising of the small claims limit.
CILA enters into partnership with Malaysian Insurance Institute and Singapore College of Insurance
The Chartered Institute of Loss Adjusters has entered a partnership with the Malaysian Insurance Institute which will see the Malaysian body promote chartered status in the territory.
Treasury Committee Brexit investigation could lead to the end of Solvency II
The Treasury Committee is set to examine Solvency II in the wake of Brexit, with the possibility of exiting the regulatory regime entirely.
'Social network for insurance' aims to revolutionise the market
Insurercore, a social network for insurance professionals, will be holding a workshop tomorrow night with young brokers and insurers ahead of its November launch.
James Hallam creates sport division with three appointments
James Hallam has created a sport division with the appointments of James Martin, Jon Salmon and Anne Barden.
£25m worth of fraud uncovered by insurers every week
£25m of potential frauds are being uncovered every week by insurers, the Association of British Insurers has claimed.
Under attack: how widespread is appointed representative mis-selling?
The Financial Conduct Authority recently fired the first shots over mis-selling by appointed representatives but how far-reaching is this problem and what can be done to stop it?
NFU Mutual to invest £18m in cyber security infrastructure
National Farmers Union Mutual will invest roughly £18m into its cyber security infrastructure.