Europe
711 jobs at risk as Axa XL embarks on next phase of integration
Axa XL has outlined a new target operating model and organisational structure that could see it cut 711 positions for its European workforce.
Zego eyes up Europe with French MGA deal
Gig economy broker Zego will target transport services across Europe, following a deal with La Parisienne Assurances.
Scor CEO bites back at activist investor over Covéa legal action
Scor CEO Denis Kessler has hit back following a letter from activist investor CIAM accusing him of acting in his personal interests by scuppering a takeover move by Covéa and bringing a criminal suit against the French insurer.
Duck Creek looks to break into London Market with messaging deal
Duck Creek Technologies hopes to attract new London Market clients following a partnership with Web Connectivity Limited.
Trade Voice: Bila's Ozlem Gurses on motor passenger insurance
How do passengers 'use' motor vehicles? Ozlem Gurses, reader in insurance and commercial Law at King’s College London and British Insurance Law Association committee member, explains how the law sees this question when it comes to insurance.
Munich Re's Digital Partners targets Asia after hitting £100m GWP
Digital Partners, the Munich Re-owned insurtech facilitator, has revealed its intention to expand into Asia after hitting £100m gross written premium in Europe and America.
UK inks insurance free trade deal with Switzerland
Insurance sectors in the UK and Switzerland will continue trading freely with one another after Brexit, following a trade agreement signed at the World Economic Forum in Davos yesterday.
This week in Post: No done deal
Post journalists and broking stalwarts found themselves in the Houses of Parliament this week, on the day that Prime Minister Theresa May’s Brexit deal suffered an historic defeat.
Axa-backed Setoo plots UK Q1 launch
Exclusive: Axa-backed broker Setoo expects to launch in the UK next month, and has outlined further fundraising plans for later this year.
42% of insurers and brokers have made or are considering Brexit moves
Nearly half of insurance brokers and insurers are considering moving or have confirmed that they are moving some of their operations and staff as a result of Brexit.
Gable disputes £8.8m worth of claims in bankruptcy hearing
Failed unrated insurer Gable has disputed 100 claims totaling CHF 10.9m (£8.8m) in its first bankruptcy court hearing.
Analysis: How insurers are preventing the Brexit brain drain
Insurers are coming up with ways to get round obstacles to doing business in Europe after Brexit
Analysis: Jumping into 2019
2019 is sure to be mostly about Brexit but, as Sam Barrett explains, there will be other challenges and opportunities for insurers as well
Blog: The future landscape for AI claims around the world
Governments around the world are looking to regulate artificial intelligence and as Lee Gluyas, partner, and Stefanie Day, associate with law firm CMS, explain those that get there first will be the ones to benefit.
Lloyd's Brussels appoints Sonja Rottiers as CEO
Lloyd’s Brussels has appointed Sonja Rottiers as its CEO. She will also be Lloyd’s regional director for Europe, Middle East and Africa.
ABI criticises European Commission's plans for no-deal Brexit
The Association of British Insurers has criticised the European Commission for failing to make contingency plans that would allow UK insurers to fulfil contracts with EU policyholders in the case of a no-deal Brexit.
CBL shareholder in bid to save troubled firm from liquidation
CBL Corporation shareholder Oceanic Securities PTE has filed an opposition to the application to put the company in liquidation, leading to delays for the liquidation hearing.
Hiscox's James Brady on why cyber knowledge remains a barrier
James Brady, head of cyber at Hiscox UK & Ireland, urges the sector to use heightened awareness of cyber risks into positive action.
Finch and ICB owner on acquisition trail with sight set on €500m revenue by 2022
Adelaide, the owner of Finch and ICB Group, is looking to acquisitive growth as it aims to increase its revenue across Europe by 150% by 2022.
CBL Corporation expected to be placed in liquidation, sees further delays to watershed meeting
The New Zealand High Court has granted a further application by CBL Corporation administrator Kordamentha to push back a watershed administration meeting to February 2019, though it is expected the corporation will be placed into liquidation.
Blog: Why it’s time for standardised cyber policy terms
Cyber attacks are on the rise and as brokers and risk managers urge insurers to make policies clearer Cyber Decider CEO Neil Hare Brown explains where definitions need simplifying.
Lemonade in bid to take on Europe
US-based insurtech Lemonade has revealed plans to enter the European market.
Motor insurers move to allay no deal Brexit green card fears
Motor insurers are preparing to issue potentially millions more green cards in the case of a no deal Brexit.
QBE's Chris Wallace on being prepared for Brexit
No one knows what Brexit negotiations will yield. However, Chris Wallace, executive director for European markets at QBE, says companies should be prepared for the opportunities the UK leaving the European Union can bring.