United States of America (USA)
Blog: Opioid epidemic - The pain persists
Britain is in danger of replicating the painkiller epidemic that has ravaged the US. Dorothy Flower, partner, and Emma Kislingbury, associate at RPC, explore how this might impact pharmaceutical companies, medical practitioners, healthcare providers, and…
Aon-Willis deal could attract competition concerns
Aon might have to sell off portions of Willis Towers Watson, if it did proceed to buy the business, analysts said.
Aon in talks to buy Willis: reports
Aon is reportedly in talks to buy rival Willis Towers Watson.
UK insurtechs among delegates on US trade mission
Flock and Digital Fineprint will join 11 other British fintech companies in a Department for International Trade delegation to Empire Fintech Week in New York.
Analysis: Will Lemonade’s shrinking losses buoy insurtechs?
Lemonade's success in cutting its underwriting losses could encourage other insurtechs to become carriers, market analysts suggest.
Lemonade slices underwriting losses
US-based insurtech Lemonade has cut its underwriting losses and grown premiums.
Insurtech Shift secures $60m funding
Insurtech Shift has raised $60m (£45.5m) in a series C funding round led by Bessemer Venture Partners.
250 aviation staff to move from JLT to Gallagher
Gallagher will buy the global aerospace division of JLT, following the company’s acquisition by Marsh & McLennan.
Profits at Hiscox treble as insurer completes preparation for Brexit
Hiscox reported a 250% rise in its 2018 profit, following its move to exit from unprofitable areas in the London market business.
Theft of funds claims increase by 14% in UK
The number of claims for social engineering scams such as funds transfer fraud rose globally in 2018, according to claims data released by CFC Underwriting.
Blog: Cyber future will come down to communication
With the nature of cyber attacks constantly changing Madeleine Shanks, associate partner at Clyde & Co, explains that dialogue between customers and their insurers has never been more important to ensure that cover is proportionate.
BGC president reveals high hopes and further acquisitive growth for Ed
BGC’s broking arm, which currently comprises of Ed Broking and Besso, will seek acquisitive growth in 2019.
Applied drafts machine learning plans with Google
Exclusive: Applied is working with Google to introduce machine learning technology into its business.
Inshur picks up $7m investment in Munich Re-led funding round
Inshur is eyeing further expansion, having raised $7m (£5.4m) in its Series A funding round, in addition to gaining a $2m credit facility.
Sedgwick looks to further acquisitions following integration of Cunningham Lindsey
Exclusive: Sedgwick has completed its integration of Cunningham Lindsey and is looking at further acquisitions for the coming year.
Willis Towers Watson reports a 36% increase in profits
Willis Towers Watson posted a profit of $695m for the 12 months ended 31 December 2018
Hiscox leads $58m investment round in Cover Hound
Hiscox has led a $58m (£44.7m) funding round in US-based insurtech Cover Hound
Beazley profits halve as it feels nat cat impact
Beazley saw profits fall 55% last year owing to the continuing affect of natural catastrophe claims on underwriting margins.
Beazley creates cyber and executive risk division
Beazley has created a cyber and executive risks division, which will manage over a quarter of the its premium revenue.
Gallagher sets sights on further ‘tuck-in’ acquisitions as growth continues
Gallagher saw total revenue growth of 10.8% in 2018 across brokerage and risk management, with 5.8% of this coming from organic growth.
Insurtech diary: Trekking the glacier
In the last instalment in our insurtech series, Buzzgroup founder and CEO Becky Downing, reflects on the past 12 months and the story of Buzzvault’s launch.
Lockton’s Mylo attracts $28m investment
Lockton's digital broker Mylo has picked up $28m (£21.3m) of funding, in a Series A round led by Guggenheim Partners.
Lloyd's appoints former US senator to council
Lloyd’s has appointed former US senator, John Sununu, as a member of its council.
Lemonade wrestles down losses despite California exposure
Lemonade reduced its loss ratio to 99% in Q4 of last year, despite exposure from the California wildfires.