News
Motor premiums dip as home increases
Pearson Ham’s latest general insurance price index for Q3 has revealed that motor insurance premiums have decreased, while home is expected to increase.
Palestine Action group targets 10 Allianz offices
Protest group Palestine Action has targeted 10 Allianz offices across the country over the firm’s investment and insurance for Israel’s weapons manufacturer, Elbit Systems.
Admiral’s UK insurance CEO Cristina Nestares steps down
Admiral Group has today announced that Cristina Nestares is stepping down as CEO of its UK insurance business, effective immediately.
RTA claim lands lying litigator in legal limbo
A paralegal who was found to have lied during their road traffic accident claim has been sentenced to one year in prison, suspended for two years.
Ripe buys boat insurer GJW Direct from Munich Re
Ripe has bolstered its share of the marine insurance market by buying GJW Direct from owner Munich Re’s Specialty.
Treloar returns to insurance on Zego’s board
Steve Treloar is returning to insurance after more than a year out of the industry, as he is appointed to Zego’s board, Insurance Post can reveal.
Markerstudy creates chief investment officer role as it eyes further growth
Emma Rawlinson has been appointed to the newly created role of chief investment officer at Markerstudy Group, effective immediately.
Allianz’s counter fraud head James Burge departing for Hiscox
James Burge, Allianz UK’s head of counter fraud, is leaving the insurer to take up a global role at Hiscox, Insurance Post can reveal.
Earnix ‘not in the same boat’ as other insurtechs
Earnix is “not in the same boat” as other insurtechs as it looks to continue its growth plans, its CEO Robin Gilthorpe has told Insurance Post.
Kingfisher’s commercial acquisition; RSA’s D&O product; Zurich’s head of SME
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Insurance Post Claims and Fraud Award winners revealed
Allianz (including LV), Aviva, DWF and Sedgwick were all multiple winners at the Insurance Post Claims and Fraud Awards last night (3 October).
Lloyd’s Lab sets up insurtech investor panel
Lloyd’s Lab has set up an investor panel aimed at offering expertise and advice on the financial landscape and fundraising initiatives for insurtechs on its accelerator programme.
Credit hire invoice costs quintuple in 10 years
Research released by Keoghs has revealed that the average cost of a credit hire invoice is now five times higher than it was in 2014.
Gallagher’s Rea bemoans ‘basic’ service remains a differentiator
Such has been the drop in service standards among insurers, anyone offering “the bare minimum” might stand out in the current market, according to the CEO of the UK’s largest insurance broker, Gallagher.
Cila elects Global Risk Solutions' Humphrey as president
Adam Humphrey, CEO of CCS & GRS International at Global Risk Solutions, has been elected as the new president of the Chartered Institute of Loss Adjusters and has his eyes on the professional body expanding internationally.
Aviva to roll out ‘transparent’ broker portal
Aviva’s MD for commercial and chief distribution officer, David Martin has revealed to Insurance Post that, in November, the insurer will be rolling out a new broker portal.
Inclusive job adverts key to tackling talent gap
Job postings should be amended to be more inclusive to attract diverse talent and drive recruitment, according to Martyn Matthews, managing director of SSP Broker.
FCA claims Gap action will save consumers £70m
The Financial Conduct Authority has said consumers will save around £70m due to improvements firms must make to guaranteed asset protection insurance products.
Lamppost liar loses £600K claim
HF and Hastings Direct have successfully contested a £600,000 claim based on conflicting passenger references and no evidence of vehicle damage.
Saga in talks with Ageas over insurance arm
Saga is reported to have entered into exclusive talks with Ageas in relation to its insurance arm.
Gallagher promotes Collings to chief broking officer
Gallagher has promoted Simon Collings to the role of chief broking officer, reporting to Michael Rea, CEO of Gallagher in the UK.
Insurance Museum seeks fresh financial backers
Reg Brown, retired Lloyd’s underwriter and chairman of the Insurance Museum, is hosting a drinks reception tonight (1 October) at The Association of British Insurers HQ in a bid to reinvigorate financial support for the history initiative.
Aon increases insurance service brokerage to 5%
Multiple sources have told Insurance Post that Aon has increased its rate of insurance service brokerage to 5%.
Virgin Money re-enters home insurance market
Virgin Money has launched home and landlord insurance products in partnership with insurtech Uinsure.