United Kingdom (UK)
Tom Wakefield named Gallagher Re CEO ahead of Willis Re merger
Gallagher has revealed that Tom Wakefield will become CEO of Gallagher Re taking over from Simon Behagg.
Gefion declared bankrupt
Gefion Insurance has been declared bankrupt by the Maritime and Commercial High Court in Denmark and is no longer paying claims.
Flood Re adds four to senior team
Flood Re has made four hires, bringing in experience from Hiscox, Ageas, Lloyds Banking Group and Aviva.
RSA targeting motor and SME, says CEO Scott Egan as takeover completes
RSA is in a “cracking place” and ahead of where it would expect to be, according to Scott Egan CEO for the UK and international.
Insurance Hound: Most read by insurers in April and May 2021
Which topics have insurers been reading most about?
Q&A: John Fowle, Chaucer
John Fowle, CEO of Chaucer, tells Post all about growth, being owned by China Re and the plans for the next 12 months as well as why the business undertook its recent rebranding and the importance of diversity and inclusion.
Lloyd’s head of culture and Dive In leader Pauline Miller moves to Dentsu
Pauline Miller, head of culture at Lloyd’s, is joining media and digital marketing communications business Dentsu International at the start of August.
Howden unveils ESG insurer; DLG launches tech platform; Zego introduces pregnancy loss leave; Hiscox in legacy tie up; Brit debuts consortium
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Blog: The limitations of ALKS
William Balfry, Forum of Insurance Lawyers motor sector focus team member, and senior associate at DWF, grapples with the reality of automated lane keeping systems technology.
Euler Hermes appoints Sarah Murrow as UK&I CEO
Euler Hermes has appointed Sarah Murrow as CEO of its UK and Ireland business, effective 1 June and subject to regulatory approval.
Upcoming webinar: The future of insurance fraud
Post in association with Shift Technology will host a live webinar on 23 June where an expert panel will discuss how the insurance industry is adapting to changes in fraud and what we can learn from the past to inform the future.
Penny Black's Social World: June 2021
Equal rights, sustainability and good causes
Editor's comment: Growing up
I have two pre-teens in the house who can’t wait to be teenagers. I’m reminded almost daily of the birthdays coming up and how different life will be when 13 comes around.
Podcast: How are aggregators going to evolve?
Insurance Post recently conducted a survey to get an overview on motor pricing trends and the impact the current economic climate has had on consumer behaviour.
Wefox could have raised $1bn say co-founders
Insurtech Wefox could have raised over $1bn (£706m) but chose to close its series C funding round at $650m, its co-founders told Post.
Cross-sector working group seeks clarity on mixed injury whiplash portal claims
A cross-sector working group has been set up with mixed injury whiplash test cases set to make their way through the courts.
Institute calls for independent review into CII strategy
The council of the Insurance Institute for Shropshire and Mid-Wales has called for an independent audit on the manifesto of the Chartered Insurance Institute after an exchange of letters in which it warned the CII was out of touch with members and…
Bought By Many to launch in all 50 US states after $350m raise
Bought By Many has raised $350m (£247m) and secured a valuation of over $2bn, with CEO Steven Mendel telling Post that the pet insurtech aims to launch in all 50 US states by “this time next year”.
Global insurers silent on critical ESG report as peers acknowledge more work needed
AIG, Chubb, Travelers and Tokio Marine were among insurers that declined to engage when approached for comment about a recent report highlighting insurer ESG failings.
Insurers failing on ESG: report
Insurers are failing to tackle ESG issues, a report by Share Action has warned, though European businesses are at the front of the pack.
Podcast: What impact will the FCA review of pricing practices have on insurers?
Insurance Post recently conducted a survey to get an overview on motor pricing trends and the impact the current economic climate has had on consumer behaviour.
Interview: Nick Turner, NFU Mutual
After a tricky year as Chartered Insurance Institute president Nick Turner has stepped up as NFU Mutual group CEO. He talks to Stephanie Denton about insuring the most dangerous profession in the UK, accepting the golden ticket and why constant movement…
Insurtech Focus: Incumbents and insurtechs
Over recent years the talk around insurtechs has moved from disruption to co-operation. With this in mind, Post canvassed a host of major insurers to discover which start-ups they work and/or invest in; and what they look for when it comes to digital…
Applied names Tom Needs Europe CEO as Andy Fairchild exits
Andy Fairchild has left Applied Systems with Tom Needs appointed as CEO for Europe.