Insurer
Former Aviva CEO Patrick Snowball joins Sabre board
Snowball has been appointed ahead of rumoured IPO.
#Insagepeople: 25 September - 1 October
Keep up to date with all the latest people moves.
Optimism among brokers falls slightly
CBI/PwC survey shows growth in business volumes stalls, but overall profitability is up.
Broking Break - Your Top Five
The most popular stories this week included the UK Broker Awards, the threat of blockchain, Aston Scott and Lark, a bomb scare and Aviva's advert ban.
Aviva "disappointed" after watchdog bans Aviva Drive app ad
The Advertising Standard's Authority stated that the ad featuring ex-Formula One driver David Coulthard promotes irresponsible driving.
InsurTech Futures: Axa launches automatic compensation for late flights product
The product uses blockchain technology and will be available to UK brokers from 2018.
XL Group picks Dublin as its post-Brexit EU hub
Insurer is to move its principal EU insurance company from the UK to Ireland next year.
Insurance firms demand minimum three year transition period after Brexit
Aon, RSA and Zurich along with more than 100 businesses sign letter to the Brexit negotiators seeking a trade deal and extra time after Britain leaves the EU.
Blockchain could “eliminate” the need for brokers
DAC Beachcroft report predicts blockchain impact, another IPT rise and increased focus on corporate governance for brokers.
Sir Peter Wood explores esure stake sale - reports
Article suggests that Wood has held informal talks on a sale of his 30% stake prompting esure shares to rise in value.
Brexit: Uncertainty highlights the importance of broker/insurer partnership
Stuart Ramsden of trade credit insurer Atradius argues that the combined resources of brokers and insurers offer a powerful tool in uncertain times.
Quizzical questions: 15 September 2017
Test your knowledge of the week's news with our topical quiz.
QuestGates launches real estate division
The loss adjuster said the division has been designed to provide a bespoke service to property investors and property managers in the UK.
Pen CUO Martin Hall moves to ERS
Martin Hall has moved from Pen Underwriting to ERS to take on active underwriter role.
Pen promotes Tom Downey to CUO role
Downey's promotion also sees two other members of Pen’s leadership team start executive-level responsibility from 1 October.
LV sheds 400 staff as it looks to cut costs
The workforce reduction is part of a drive to cut costs by £40m by 2018.
Ageas offers livechat via Acturis, Applied Systems and SSP
The insurer is the latest provider to adopt live webchat services via a number of software houses.
Treloar hails "excellent" results for LV in H1 2017
MD for general insurance states insurer will be the "go-to destination" for personal lines brokers following deal with Allianz.
Ageas and QBE added to Applied System’s livechat service for brokers
The insurers join Axa, Allianz and NIG offering the live webchat service on the Applied TAM commercial lines platform.
LV's GI operating profit more than doubles in first half of 2017
Operating profit hits £49m compared to £22m in the first half of 2016.
AA admits to insurance sales talks with Hastings
However, Hastings statement reveals talks between the two motor insurance firms have ceased.
Chubb selects France as EU hub
Chubb, the first insurer to pick Paris as its preferred post-Brexit trading location, added that the move is dependent on regulatory approval.
Das reflects on 2016’s £17.4m loss
CEO Andrew Burke says business is now in “growth phase” of turnaround but admits that some job losses cannot be ruled out as it seeks to “rationalise expenses”.
Ex-RSA employee jailed for £270,000 fraud
Former staff member goes to prison as accomplice gets suspended sentence following pleading guilty to defrauding the insurer.