Insurer
#Insagepeople: 10 - 14 June 2019
Stay up to date with the latest people moves.
"Business as usual" for Allianz, LV and L&G following deals
Allianz UK CEO Jon Dye says there are no redundancy plans following the insurer's purchase of L&G GI, with the process of moving business from L&G into LV expected to take around two years.
Open GI to headline Broker Expo 2019
More than 1,000 brokers to attend 7 November event.
Podcast: The top five stories of the week
The Insurance Age team examine the most read stories for the week commencing 3 June 2019.
Quizzical questions: 7 June 2019
Test your knowledge of the week's news with our topical quiz.
Broker claim service “to improve” from Allianz after Bristol closure
Claims chief, Graham Gibson, insists that the closure and job cuts mainly affect personal lines as engineering and tech clients will see service improve.
Allianz redundancies continue amid claims reorganisation
The insurer is set to close its Bristol claims operation with a threat to 128 jobs as it reviews its claims business.
#Insagepeople: 3-7 June 2019
Stay up to date with the latest people moves.
Worries raised about broker knowledge of construction
Research from HSB Engineering Insurance shows majority of brokers are in the dark when it comes to developments in technology in the construction sector.
Aviva to cut 1,800 jobs over three years
Provider confirms plans to separate its life and general insurance businesses in the UK as part of wider restructure to reduce costs.
GRP-owned County Group buys Meadons
County says more deals are to come as it nears £100m of GWP.
Lamp declared in default following insolvency
The FSCS is still in the process of identifying how many UK policyholders are affected by the failure of Lamp as Now4Cover seeks replacement provider.
Mental health counselling to feature in new Axa XL employer liability product
Policy includes traditional employer’s liability cover as well as a wellness, health and injury rehabilitation service.
Aviva CFO steps down ahead of rumoured reorganisation
The announcement comes one day ahead of an investor meeting in which it is predicted new CEO Maurice Tulloch will announce a restructure.
Brokers cautiously optimistic about Allianz's L&G GI buy
Experts say deal is "good fit", despite the possibility of it limiting choice in the market.
Government launches IPT review
HMRC calls for evidence from the insurance sector, admitting the current IPT model can lead to “unfair tax outcomes in the insurance industry”.
Allianz unveils risk management website
The offering aims to keep brokers and their clients up-to-date with the changing risk landscape.
Glasgow’s Blackford buys customer book worth £3m from TL Dallas Edinburgh
Broker opens a new office in Fountainbridge, Edinburgh, to accommodate its expansion, led by former Central-man, Tom Aldridge.
Reid French exits CEO role at Applied Systems
Taylor Rhodes will be the software house’s new chief executive.
Gallagher completes acquisition of JLT’s aerospace operations
Purchase will mean JLT's 250-person global aerospace team will be transferred to Gallagher.
Lamp enters liquidation following Supreme Court decision
The Official Receiver has appointed Grant Thornton's Gibraltar office to manage the liquidation.
Quizzical questions: 31 May 2019
Test your knowledge of the week's news with our topical quiz.
Brokers to benefit from L&G deal, says Allianz's Dye
The UK CEO says brokers will remain Allianz's biggest distribution channel after the deal has been completed, as it also buys the remaining stake of LV with the intention of combining the two entities.
Allianz to buy remaining stake of LVGI for £365m
The insurer will fully own the LVGI business and has spent approximately £1.08bn on it since 2017.