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Briefing: Does the Lemonade-Metromile deal signal the beginning of an insurtech M&A boom?
Post content director Jonathan Swift looks at the rationale behind Lemonade’s proposed takeover of Metromile and asks if the UK could be poised to a see a deal of similar scale among domestic insurtechs.
Lemonade acquires Metromile; Convex unveils 'multi-million-dollar partnership'; MNK Re launches UK arm and Chaucer in insurtech tie-up
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Hannah Gurga to succeed Huw Evans at ABI
Hannah Gurga will become the next director general of the Association of British Insurers taking up the post in early 2022, the trade body has confirmed.
Allianz recognised in first Laureus Sport for Good Index
Allianz was the only insurer among 29 brands listed in the inaugural Laureus Sport for Good index launched at the UN Climate Change Conference, COP26 in Glasgow.
COP26 Blog: Putting the E into ESG for people, planet… and profit
Sicsic Advisory climate change lead Kelly Coombes considers changing expectations under environmental, social and corporate governance - and what insurance firms need to do in practice.
A-Plan posts rising Ebitda and stable turnover
A-Plan has reported a 5% rise in Ebitda to £36.3m with turnover of £109.4m for the year ended 28 February 2021.
All Clear and Insure & Go strike five year deal with Zurich after Mapfre exits UK travel market
Travel insurance specialists All Clear and Insure & Go have signed a five year agreement with Zurich as they "gear up" for the opportunities that lie ahead as travel levels return back to normal.
Prestige Underwriting appoints Eoin Reynolds as Ireland general manager
Eoin Reynolds has been named as Prestige general manager for Ireland and executive director at Prestige Underwriting Services Ireland.
Flood Re CEO warns that flood resilience is not being prioritised
Andy Bord, CEO of Flood Re, has called for increased focus on adaptation measures to cope with climate change that “is already in the system”.
Intelligence: Brave new world of travel insurance
World travel and its insurance counterpart travel insurance have experienced significant changes over the last 18 months. With all travel cancelled then forced through a traffic light system and now facing a new ‘simplified’ system, Post asks how travel…
EY issues home/motor profit warning for 2022; Collective Benefits and Nimbla get US investment; HSB buys MG Group; Floodflash and Munich Re partner up; and Carrot sold to Granite
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Blanc-led group calls for action to address underrepresentation of women in climate finance
Women remain seriously underrepresented in decision-making roles in climate finance, according to a report from the Women in Finance Climate Action Group convened by Aviva group CEO Amanda Blanc.
Aquiline takes stake in insurtech Ripe to 'turbocharge' next phase of growth
The deal will see private investment firm Aquiline buy a majority stake in Ripe for undisclosed amount.
Insurers must not get in the way of customers' net zero transitions, conference hears
Speaking at the COP26, Net Zero Insurance Alliance founding members urged that insurers should not get in the way of customers moving to net zero.
Roundtable: Improving quote conversion, retention and profitability in the personal lines market
Adding online payments and ensuring consistent service could be a key differentiator for insurers in winning new business and retaining existing customers. At a recent roundtable sponsored by PayPal an expert panel discussed the need for simplicity and…
Top 30 Asia Insurers 2021: Resilience under pressure
Asia Pacific non-life insurers have proven their agility and tenacity in overcoming headwinds over the past year to deliver solid results. Christie Lee, senior director of analytics for Asia-Pacific at AM Best, discusses the region’s scorecard
COP26 Blog: Risk sharing in the climate emergency - a call to action
The influential insurance sector must do all it can to help combat the climate emergency, blogs Ben Wilson, Association of British Insurers' director of corporate affairs and climate change.
Gallagher adds Derek Henry to head up micro SME and personal lines
Gallagher has appointed former managing director for broking at Brightside Derek Henry as MD of micro SME and personal lines within its UK retail division.
COP26 Blog: The future of ‘climate change’ insurance policies
Mayer Brown senior association Alys Jones and partner James Whitaker consider a growing desire and need for climate change cover.
Analysis: Mind the gender health insurance gap
Post investigates allegations of gender discrimination in health insurance and asks how concerns could be addressed
COP26 blog: Insurance industry has a powerful role to play to protect against flooding
As heads of state, environmental scientists and campaigners attend COP26, the insurance industry must adapt now to protect UK homes from the damaging effects of climate change, writes Andy Bord, CEO of Flood Re.
Covéa to buy Partner Re; Lloyd’s joins net zero alliance; another record for insurtech investment; crime tops insurer concerns; and Flood Re on tour
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Insurance Post TV: COP26 Climate Summit special featuring Aviva, Axa and others
Insurance Post reveals the latest episode of its ‘magazine-style’ television show, Insurance Post TV, which gets under the skin of some of the key issues of the day.
IPT untouched in Autumn Budget
Insurance premium tax went unmentioned in the Autumn Budget announcement.