United Kingdom (UK)
Questgates continues acquisition spree; Dual to buy Align Financial; Right Choice bags Moorhouse; Admiral, Ageas, Allianz, Aviva and Zurich report UK results
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Adam Winslow hails progress at Aviva and promises more to come
Aviva has grown across all commercial lines of business and all sizes of brokers this year, UK and Ireland general insurance business CEO Adam Winslow told Post.
Aviva posts highest half year GWP in UK for a decade
Aviva has recorded £2.49bn of gross written premium in the UK for the first half of 2021 up 8% on the same period of last year as it swung back to operating profit.
Briefing: Amazon’s insurance play is not the bold move we’ve been waiting for
Amazon’s latest insurance foray won’t move mountains or topple dynasties – but bold isn’t always best.
Ageas green parts target back on track after pandemic slowdown
Exclusive: Ageas is back on the road to tripling green parts use by 2023 after its targets were hit by Covid-19 disruption, the insurer's claims boss told Post.
Rising Star: Alex Curme, Ensurance
Alex Curme quickly rose to head of finance at managing general agent Ensurance after making the jump to insurance from auditing.
Covéa Insurance's James Gearey on FCA general insurance pricing reforms - the shape of things to come
With dual pricing regulations just around the corner James Gearey, managing director of personal lines and protection at Covéa Insurance, explains why the focus for motor insurers must now shift from price to value and choice.
MCE Insurance appoints claims and finance directors
Motorbike specialist MCE Insurance has appointed Paul Ormiston as claims director and Leonard Labinjo as finance director.
LV and Allianz saw £22m claims hit from floods and storms in July
The floods and storms across the UK last month cost Allianz and LV £15m and £7m respectively, Allianz CEO Jon Dye told Post.
Thingco appoints Premierline Direct founder Barrie Wells as NED
Premierline Direct founder Barrie Wells MBE has joined the board of telematics insurtech Thingco as non-executive director.
Penny Black's Social World: August 2021
From climate change to charitable donations and fundraisers
Analysis: Cyber cover and the ransomware factor
Global cyber insurance pricing increased by 32% over the last year, research suggests, as insurers refine their approaches and some experts argue the full benefits of the cover are yet to materialise.
Editor's comment: Faster, higher, stronger and together
The Olympics never fail to inspire me. Every four years (in this case five) athletes from around the globe get together to compete in over 400 sporting events.
US DOJ investigation 'credit negative' for Allianz says Moody’s
The US Department of Justice is investigating the Structured Alpha funds managed by Allianz Global Investors, which according to Moody’s “increases the risk of a material financial and reputational fallout”.
Lloyd’s hit with second green paint attack
One person has been arrested after throwing green paint at Lloyd’s Kent offices, with Insurance Rebellion claiming responsibility.
PIB’s Brendan McManus on how getting workforces back to the office is crucial for business
PIB Group CEO Brendan McManus shares his personal insight on the significance of 19 July ‘Freedom Day’ for life inside and outside of the workplace.
Rash of high value claims anticipated after London floods deluge basements
Loss adjusters have identified high-value claims after flash floods in London affected commercial and residential buildings, in particular properties with extensive basements.
Analysis: The importance of diversity and inclusion in claims
Post spoke to senior claims figures on the role of diversity and inclusion in supporting customers' needs.
Blog: Teething problems with the Official Injury Claim portal
Caroline Johnson, technical claims director at LV General Insurance, highlights 'teething problems' with whiplash reforms.
Aon lays out exec committee after WTW deal failure
Aon has established a new executive committee following the Willis Towers Watson acquisition termination.
Lloyd’s unveils roadmap to cross-industry net-zero
Lloyd’s of London, which on Wednesday was targeted by climate activists wielding green paint, has published a roadmap detailing steps to push industries towards net-zero.
Intelligence: From the Wild, Wild West to the big five – a potted history of the broker software market
From police raids to junkets to Iceland, across being chased out of broker offices, legal spats, team lifts and more the history of the broking software sector is not short of incidents. Emmanuel Kenning met with a selection of the founders, movers and…
Analysis: Insuring NFTs
Non-fungible tokens have soared in value and popularity but insurance protection for the digital assets remains up in the air.