Axa XL
Insurtech investment up 89% in Q2; Flock completes series A raise; McLarens takes team from Crawford; Zurich arm expands into UK
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Blog: What does VW Group’s €270m D&O payment mean for 'Dieselgate' D&O coverage?
The VW Group is looking to claw back €270m from its insurers in directors' and officers' claims but Guy Robson, partner at group action law firm Keller Lenkner UK, asks what this might mean for D&O insurance for vehicle manufacturers in the future?
Covéa expected to do 'anything and everything' to make an Axa XL Re deal happen
Covéa is reportedly mulling a third attempt in four years to buy a reinsurer as it eyes Axa XL Re, with experts noting the insurer would look 'pretty hapless' if it failed to get another deal over the line.
Climate-related disruption set to continue at Lloyd's
The Prince of Wales' climate insurance taskforce launch will not put a stop to protesters taking to Lloyd's to demand a swift end to fossil fuel cover, activist groups have told Post.
Prince of Wales launches sustainable insurance task force; Aviva joins forces with WWF; Ford links up with By Miles; and LV reveals PI panel
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Seventh annual Dive In festival to call out performative allyship
The insurance industry’s annual diversity and inclusion festival, Dive In, will be held in September and will combine virtual and physical events, it has been confirmed.
Biba Conference Special: Returning to a new normal - supporting commercial clients and brokers in the post-Covid world
The Covid-19 pandemic changed the business landscape in the UK practically overnight. Jon Walker, CEO of Axa Commercial in the UK, and Elie Hanna, chief distribution officer for UK and Lloyd’s at Axa XL, discuss how insurers should be working to support…
Axa XL adds Anish Jadav from Zurich
Axa XL has appointed Anish Jadav as chief underwriting officer for retail property and casualty in the UK and Lloyd’s market.
Blog: The insurance-linked securities education gap
It is vital that the education gap around insurance-linked securities is addressed, say Phoenix C Retro CEO Kirill Savrassov and Axa XL assistant underwriter Toby Pughe.
ABI aims to kickstart 'revolution' with flexible working charter
The Association of British Insurers has launched a charter that will commit its 27 initial signatories to advertising a majority of roles as part-time or open to flexible working or job sharing within a year.
Interview: Sean McGovern, Axa XL
Ahead of the British Insurance Brokers’ Association’s online conference next month, Axa XL CEO for the UK and Lloyd’s market Sean McGovern, told Post about his plans for growing the business with brokers, the challenges of becoming boss during the…
Analysis: Deconstructing Aviva
With a new group CEO in role, Aviva has made serious strides in offloading its overseas operations. What inspired these moves and what does this mean for its core operations in the UK, Ireland and Canada?
Blog: Three ways the IICF brings the industry’s social purpose to life
The Insurance Industry Charitable Foundation UK improves the lives of vulnerable and disadvantaged people by presenting a coordinated industry approach to grant giving, volunteering and leadership. Wendy Wilder, executive director of the IICF UK,…
Insurer test case BI claims payouts to March revealed
Data released by the Financial Conduct Authority shows that up to 3 March insurers had paid out £192m towards interim payments and £279m to settle Covid-19 related business interruption claims affected by the regulator’s test case, with Covéa leading the…
Intelligence: Are insurers and insureds ready for 5G?
The UK’s four main mobile networks have all launched a 5G service and by 2022 the whole of the UK is expected to have access. 5G is touted to bring benefits across society – Post investigates what will it mean for insurers and their clients.
For the record: Brightside sold to Markerstudy; Aviva acquires Axa XL HNW team; Aston Lark buys Bruce Stevenson and Inflexion invests in broking again
Post wraps up the major insurance deals, launches and investments of the week
Spotlight: Sustainability - Driving down carbon emissions in the construction industry
In 2021, the conversation around climate change has evolved at pace. As a major contributor to carbon emissions the construction industry has a key role to play in driving down carbon emissions – could the use of timber solutions help achieve this?…
For the record: Aviva disposals, Beazley creates digital unit, Fenchurch & Partners launches, new D&O MGA Rising Edge and Zurich invests in insurtech
Post wraps up the major insurance deals, launches and investments of the week
UK Insurer Hot Seat 100: who has been at the top the longest?
Post has compiled a list of the 100 highest profile people working at the top for UK general insurers, Lloyd’s vehicles, international insurers with a UK presence, regulators, trade bodies and markets based on how long they have been in the hot seat.
Kelly Lyles joins insurtech Cytora
Cytora has added Kelly Lyles former CEO of client and country management at Axa XL to its advisory board.
Michael Colao moves across to global CUO for cyber at Axa XL
Axa XL has named Michael Colao as global chief underwriting officer, cyber, reporting to the recently promoted global CUO for financial lines, Libby Benet.
Intelligence: Insurance protecting nature
In 2020 the world’s first coral reef insurance policy was triggered in Mexico, following damage resulting from October’s Hurricane Delta. Post looks at how insurance is helping nature in other parts of the world.
For the Record: The week in deals featuring Allianz, Clyde & Co, Convex, Gallagher, Howden, Kennedys, LV, New Dawn Risk and Woodgate & Clark
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Axa XL names Pamela Rosado general counsel
Pamela Rosado has been appointed general counsel for Axa XL.