United Kingdom (UK)
Greenwood Insurances merges with Moreland Insurance Brokers
Moreland Insurance Brokers and Greenwoods Insurances have merged into a single company, effective 1 June.
AIG's Anthony Baldwin on claims, actually
Technology and innovation are important to the insurance sector but Anthony Baldwin, CEO of AIG, says while concentrating on these insurers must not lose sight of what is important to the customer: the claim.
This Month in Post: General election, summer holidays and expert opinions
With another General Election looming, the insurance industry will likely be holding its breath on what the incoming government will make of the insurance premium tax, the Ogden rate and whiplash reform.
UK General appoints John Spencer as chairman
Markel non-executive director John Spencer has been appointed as a non-executive chairman of UK General.
LMA forms members’ agents committee
The Lloyd’s Market Association has formed a members’ agents committee, which will represent the interests and priorities of providers and advisers of third party capital at Lloyd’s.
Empty shells or letter boxes ‘not acceptable’ post-Brexit subsidiaries, EU regulator says
Insurers looking to set up a post-Brexit base in the European Union will need to ensure their relocation plans have the proper supervision, the chairman of the European insurance watchdog has said.
UK General technical director Simon Tate leaves the business
UK General technical underwriting director Simon Tate has left the business, with his departure following the resignation of chief risk officer Steve Blott last month.
UK General parts ways with DFS and Argos furniture warranty provider
UK General has closed its underwriting agency with the company which provides furniture warranty insurance to Argos and DFS.
Gallagher Bassett acquires Strata Solicitors
Gallagher Bassett has acquired Strata Solicitors as the third-party administrator continues to bolster its size and offering in the United Kingdom.
Insurers in row with BA over bill for cancellation expenses
Insurers have hit out at British Airways for encouraging customers to claim on their travel insurance for ‘disruption expenses’ caused from the recent IT outage.
Blog: Empowering customers through digitisation
Insurtech has arrived. There are daily headlines speculating how the technological revolution will impact the insurance industry and there’s no question that it will. In the second blog of this four-part series, Rachel Riley, managing director of global…
Ageas claims employee jailed for fraud
An Ageas employee has been jailed for three years and four months for defrauding his employer out of £271,489 in order to finance his gambling habit.
Insurers ‘will need to assess’ safety of driverless cars handover systems
Driverless car manufacturers should consider installing ‘phased handover’ functions to minimise the disruption when vehicles switch from autonomous to manual driving.
Declines in global insurance pricing slow in Q1: Marsh
Global insurance rate decreases moderated for the fifth consecutive quarter, down 2.3% in the first quarter of 2017 compared with the previous quarter’s 3.1%, according to Marsh.
How insurers can protect themselves against cyber threats
In the current cyber insecurity, insurers need to review their management structure and their risk processes to protect their data and their customer’s data, say Matteo Coppola and Ofir Eyal, partners at the Boston Consulting Group.
I work in insurance: Anna Stone, Aviva
As the resident archivist at Aviva, Anna Stone delves into the insurer's 320 year past.
In Depth: The GDPR time bomb
The implementation date of the General Data Protection Regulation is less than a year off but the industry’s attention is elsewhere, with issues like Brexit, the General Election and the discount rate looming large on the horizon
Roundtable: Digital: Brokers - Surviving the digital age
At a time when regulation and taxes are weighing heavily on their operations, brokers find they have to adapt to the digital age. At a Post roundtable, in association with SSP, they discussed how they can leverage new technologies to better serve their…
Penny Black's Social World - June 2017
Clicking, cleaning and 141 cars
Insurance Premium Tax rises to 12%
Insurance Premium Tax has today risen from 10% to 12% as outlined by Chancellor Philip Hammond in November.
My other life: Sean O’Regan, Scope Technologies, botany and zoology
O’Regan is a team leader at the telematics provider, with an interest in zoology and botany
Thatcham chief technical officer Miller to retire
Thatcham Research’s chief technical officer Andrew Miller is set to retire.
Career File: Adair Turner
Chubb has appointed Lord Turner as non-executive chairman of Chubb European Group and Chubb Underwriting Agencies
Career Development: RSA commercial lines divisions achieve chartered status
RSA said commercial risk solutions, global risk solutions and the chief underwriting office were accredited by the Chartered Insurance Institute amid a renewed focus on building tech nical skills and expertise across the group.