United Kingdom (UK)
Axa completes Sun Life sale to Phoenix Life
Axa has completed the sale of its UK life and savings businesses.
SMEs will be hit hardest by a UK terror attack
Small and medium size enterprises will be hit hardest in the event of a terrorist attack in the UK, according to Pool Re’s Quarterly Threat Report.
Insurers 'must adapt lines to changing terrorist threat'
Insurers must create new lines of cover to protect against the changing threat of terrorism, according to a new report.
FCA will not make it easier for new entrants to market
The Financial Conduct Authority will not be lowering the threshold requirements for new brokers wishing to enter the market.
Zurich's Karl Helgesen to replace RSA's Bill Paton as claims director
RSA’s Bill Paton is to step down as claims director for the UK, Western Europe & Middle East at the end of April 2017. He will be succeeded in the role by Zurich's Karl Helgesen, pictured.
Former Thistle MD joins JRW Group
Paul Williams is to join the JRW Group as executive chairman, subject to regulatory approval.
Century launches new underwriting division
Century Underwriting has launched a liability underwriting division and made two senior appointments.
Matthew Stuttard to leave Swinton
Matthew Stuttard, Swinton’s regional commercial manager, has left the broker it has been confirmed.
Gallagher enters deal with University of Glasgow
Arthur J Gallagher is to provide risk management and insurance broking services to the University of Glasgow.
Catalina buys run-off Allianz book
Bermuda-based Catalina Holdings has purchased AGF Insurance Limited.
Slater and Gordon cuts 640 UK jobs following huge losses
Slater and Gordon has cut 640 jobs in the UK and approximately 70 roles in Australia, in the wake of losses of A$1bn (£586m) in Q1.
Aggregator websites now 'significant' distribution channel in Europe
Price comparison websites are now a “very significant” distribution channel for car and home insurance across Continental Europe.
Finch becomes Broker Network's first regional broker buy
Broker Network has bought commercial broker Finch Commercial Insurance Brokers.
Russell Higginbotham appointed IIL president
Russell Higginbotham, global head of life and health products for Swiss Re, has been appointed as the new president of the Insurance Institute of London.
Regulation is 'number one threat to insurer investment'
UK insurers view regulatory risk as the number one concern effecting a firms’ investment strategy, according to the global insurance survey.
Global Risk Partners acquires SLK
Global Risk Partners has announced the acquisition of commercial and personal insurance broker SLK General Insurance Services.
Sure Thing to launch underwriting arm
Insurance broker Sure Thing will launch its own underwriting arm within the next year.
Skipton and Legal & General sign five year distribution deal
Skipton Building Society and Legal & General have announced a five year general insurance distribution agreement.
Google France looks to re-enter insurance market amid talks with insurers
Google's French division is seeking partnerships with insurance companies to work across some of its businesses including smart-tech provider Nest.
Chubb expands UK cyber risk capabilities
Chubb has expanded its cyber risk engineering capabilities in the UK and Ireland.
Cold calling ban on solicitors could be dropped by SRA
The rule which bans solicitors from cold-calling members of the public could be dropped as part of the Solicitors Regulation Authority handbook review, prompting lawyers and insurers to urge against the move.
Neil Galjaard appointed divisional MD of Markel UK
Markel International has appointed Neil Galjaard as divisional managing director of Markel UK.
Cooper Gay rebrands as Ed
Cooper Gay has rebranded itself to Ed as newly inducted CEO Steve Hearn continues to put his stamp on the Lloyd's wholesale broker.
Insurtech booms as investment triples in the UK
Investment in insurtech so far this year is already triple that of the whole of last year, making it one of the UK's fastest growing sectors.