Personal
Markerstudy names former Tesco Bank boss as group chair as it completes Brightside buy
Markerstudy has appointed former Tesco Bank CEO Benny Higgins as its group chairman.
RAC sets up own broker to help hit £300m GWP target
RAC has launched its own in-house insurance intermediary as part of a package of measures to hit targets of £300m of gross written premium and one million customers in 2023.
Ardonagh targeting eight international hubs by 2025, says O’Connor
Ardonagh Global Partners is aiming to have at least one more international hub by the end of the year, CEO Des O’Connor told Post.
MS Amlin acquires MGA; Ethos buys 13th hub; insurtech recruits Esure CUO ahead of launch; and PIB bolsters Irish footprint
Post wraps up the major insurance deals, launches, investments and strategic moves of the week not covered elsewhere on www.postonline.co.uk
Blog: How technology will help insurers shift the claims experience for customers
Amy Brettell, Zurich head of customer, UK claims, considers the evolving role of technology in claims handling.
HDI Global Specialty files legal case against Arron Banks' Legal Protection Group
HDI Global Specialty has filed a case at the High Court seeking a declaration from Legal Protection Group that their run-off agreement has ended.
Atlanta to spread Marmalade specialism into van and bike
Buying motor specialist Marmalade addresses Atlanta Group’s weakness in telemetric offerings and provides opportunities for growth across the business, CEO Ian Donaldson told Post.
Uber insurance boss joins insurtech as European head as it gears up for Series A raise
The former head of insurance for EMEA at Uber, Russell Corbould-Warren, has swapped the ride share giant for insurtech Collective citing the growth of on-demand employment platforms as a key factor for his move.
Interview: Mark Allan, Ki
Lloyd’s first algorithmically driven syndicate Ki began trading on 1/1 this year. Jonathan Swift caught up with its CEO Mark Allan to discuss early progress, its plans to integrate brokers on its platform with APIs and why it should not be simply…
Allianz’s Stephanie Smith on being prepared for operational resilience
Stephanie Smith, chief operating officer at Allianz Insurance, assesses how the focus on operational resilience has taken old school business continuity planning and added helpful and important extras.
Blog: Brexit set to drive up escape of water claims costs
Many will have breathed a sigh a relief when the government finally agreed a trade deal with the European Union at the turn of the year. However, a few months on, the cost implications for escape of water claims are now becoming clear, argues Yuling Kao…
Atlanta acquires Marmalade; Aviva in SME cyber push; Greenlight seals 13th insurtech deal; and Zurich launches flood pilot
Post wraps up the major insurance deals, launches, investments and strategic moves of the week not covered elsewhere on www.postonline.co.uk
Motor insurance: Falling claims volumes reignite pricing debate
Claims volumes fell significantly in 2020 as premiums crept down slightly, insurer figures show, leading to intensified campaigner calls for current and future savings to be passed on to motorists.
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?
GRP’s Stephen Ross on why sometimes selling your house is like selling your broking business
After looking at over 100 potential deals last year but only striking a small proportion of them Stephen Ross, head of mergers and acquisitions at Global Risk Partners, details what brokers considering a sale need to think about.
Aviva joins global initiative in pursuit of 2025 electric motor fleet target
Aviva has signed up to a global initiative that will require it to report annually on the progress it has made switching its motor fleet to electric vehicles, Post can reveal.
SME only pandemic cover solution would help those most in need, says Swiss Re public sector boss
When facing the large losses pandemics threaten “we could do more” if a cover solution was limited to SMEs, Ivo Menzinger, Swiss Re managing director for public sector business across Europe, the Middle East and Africa, has said.
Aviva completes 'refocus' with sale to Allianz; Axa and Tesco join forces; Chubb takeover rebuffed and Bought By Many enters US
Post wraps up the major insurance deals, launches, investments and strategic moves of the week not covered elsewhere on www.postonline.co.uk
Digital Bar Quarterly: Chasing pack strive to overtake Aviva in scramble for digital services, with Admiral and More Than leading the way
In the first of a new quarterly column Altus Consulting insurance director Mark Andrews dissects the data from its Digital Bar to highlight the lack of uptake of data enrichment to enable quick quote for direct customers, with many journeys still…
Northern Ireland aims for minus 1.75% discount rate by end of May
The Northern Irish Department of Justice intends to push its minus 1.75% personal injury discount rate change through by the end of May.
Ardonagh boss David Ross hits out at CMA Bennetts decision
Ardonagh was “really surprised and disappointed by the approach that was taken” by the Competition and Markets Authority as it blocked the firm buying Bennetts, CEO David Ross has declared.
Amazon, Apple and Google have opened up the 'mass market' for smart home insurance, claims start-up Hiro
The growth in big tech smart home solutions means it is a lot easier to sell household insurance products that reward adoption than ever before, according to the Neos alumnae behind newly launched insurtech Hiro.
Q&A: Dylan Bourguignon, So-Sure
Dylan Bourguignon, So-Sure CEO, spoke to Post about contents insurance, insurtech trends, and why he believes investors are reluctant to put money into the sector.
Weddingplan claims being paid following Supreme Court BI ruling
Some claims on wedding insurance policies sold by managing general agent UK General that were initially rejected are now being paid with policyholders also receiving compensation, Post has learned.