News
Small claims track limit changes as whiplash rules get Lords committee green light
Parliamentary under-secretary for the Ministry of Justice, Lord Wolfson has said it is “better late than never” as whiplash regulations passed through the House of Lords with changes to small claims track limit plans.
Ex-Purple boss Les Brewin joins Cobra Network
Former managing director of Purple Partnership Les Brewin has joined PIB-owned Cobra Network as a director.
IFB to launch AI fraud detection system
The Insurance Fraud Bureau has partnered with software-as-a-service automation specialists Shift Technology to build a fraud detection system that will launch in early 2022.
Zurich argues fraud allegations ‘mischaracterise’ its role in defective Swansea housing development
Zurich has denied that it acted fraudulently in connection to inspections it undertook of a defective development in Swansea, saying the checks were carried out for the purpose of deciding whether to insure the building against future faults and not to…
Swiftcover founder and ex-Axa CIO Potashnick joins Albany Group
Former Swiftcover co-founder Matt Potashnick has joined the board of London-based automated risk, compliance and regulation software specialists Albany Group.
ERS continues commercial push with two hires
ERS has appointed Ciaran Waters as senior underwriter for US catastrophe and Federico Waisman as head of underwriting management.
Two arrested as Extinction Rebellion targets Lloyd's HQ with fake coal dump
Two people were arrested this morning after climate activist group Extinction Rebellion dumped a large pile of fake coal outside Lloyd’s headquarters, blocking the main entrance to the building.
Alps CEO Lee Riley passes away
Auto Legal Protection Services CEO Lee Riley has passed away after a battle with cancer, the business has updated.
Axa adds ex-Quote Me Happy and MIB leaders to retail team
Axa has appointed Marco Distefano as managing director for motor and home and Anna Fleming as chief operating officer in its UK retail insurance unit.
Aviva attains Ethical Company Award from The Good Shopping Guide
Aviva has become the first major insurer to gain The Good Shopping Guide’s Ethical Company Award.
Admiral, Aviva and Lloyd’s sign Fintech Pledge; Nextbase Insurance launches with Axa and Ageas; Rightchoice buys Fresh and Zurich in Ping An tie-up
Post wraps up the major insurance deals, launches, investments and strategic moves of the week not covered elsewhere on www.postonline.co.uk
Interview: Keith Richards, CII - Looking back, dialling forward
Chartered Insurance Institute chief membership officer Keith Richards, one of only four people to have led the Personal Finance Society, will be leaving this June after being in charge of the PFS for half of its 16-year existence.
Risks taken on by government 'must be in the public interest': HMT's Miriam Sachak
Against a backdrop of calls for the government to underwrite more pandemic-related risks, HM Treasury head of domestic and retail insurance policy Miriam Sachak has said risks taken on by the government "must be in the public interest" and complement…
Insurance Post TV: Is there an end in sight for the insurance cladding ‘crisis’? Plus interviews with Abacai and Zego
Today Insurance Post launches its new ‘magazine-style’ television show, which aims to get under the skin of some of the best read stories and articles that have appeared in print or online recently.
Mental health to feature prominently on Airmic's agenda alongside 'megatrends'
People risks, particularly those relating to mental health, are “the next big issue” facing companies, Airmic CEO Julia Graham has said.
FCA fees update: Key takeaways as regulator to hike fees by 5.2%
The Financial Conduct Authority has published its latest fees update, with a consultation set to run into May.
FCA proposes insurer fee to recoup £7.5m of BI test case legal costs
The Financial Conduct Authority is looking to recover £7.5m of external legal costs through a business interruption insurance special fee levied on insurers.
Abacai has an 'opportunity to drive' insurtech consolidation but will not pay over the odds, says co-founder Hay
Private equity-backed digital insurance venture Abacai will not be a “consolidator for consolidation’s sake”, although it is inevitable that there will be activity in the insurtech space, one of its co-founders has told Insurance Post TV.
Insurdata reorganisation sees UK company enter liquidation
Insurdata Limited, the UK company of US based Insurdata Corporation, has been placed in liquidation, with members of the team having left the business due to restructuring, Post can reveal.
Broker to compensate customers for oversight breaches as regulator eyes AR clampdown
The Financial Conduct Authority has launched its fees consultation and hit out at appointed representative drivers of harm, as it publicly censured Alsford Page & Gems for AR oversight breaches relating to the sale of extended warranty insurance.
Aviva UK leadership changes as Phil Bayles departs for Ardonagh
Phil Bayles is joining Ardonagh after 18 years at Aviva, most recently as its chief distribution officer, with Gareth Hemming set to succeed him at the insurer.
Take part in Post's Motor Survey 2021
Post, in association with Lexis Nexis Risk Solutions, invites industry professionals to take part in our latest motor survey.
Atlanta to buy Be Wiser
The Ardonagh Group’s retail platform Atlanta is buying Be Wiser, with 60 staff expected to leave Be Wiser as a result of its recent consultation.
Nausicaa Delfas named FOS interim CEO
Nausicaa Delfas will serve as interim CEO and chief ombudsman of the Financial Ombudsman Service, taking over from Caroline Wayman.