Insurer
QBE launches Business Combined product on Open GI
The policy is now accessible for brokers on the Powerplace and Mobius platforms.
#Insagepeople: 25 February - 1 March 2019
Stay up to date with the latest people moves.
Ascent adds physical damage to cyber product
Product is backed by Munich Re and designed for businesses of all sizes.
InsurTech Futures: SSP teams up with Honcho
Software house's customers will have access to platform aiming to disrupt price comparison websites.
Successor announced for CEO Geddes at Direct Line
Penny James, CFO at the insurer is set to take the helm from 9 May this year.
Customer trust in insurance drops
Research is published just a day after a Go Compare study claimed customers are caught in a £1.2bn auto-renewal “loyalty trap”.
ABI slams “unforgivable” no-deal Brexit
Huw Evans described it as an act of economic and social self-harm and outlined potential damage to the insurance sector.
RSA hires Charlotte Jones as CFO
She takes over from Scott Egan, who moved into the UK & international CEO role following Steve Lewis' departure.
Axa staff sentenced for data theft
‘Wolf of Manchester’ case sees an employee and ex-employee of the insurer, along with two others who ran a claims management company, get suspended sentences for their roles in exploiting and selling customer data.
Profit, COR and GWP all improve at Hiscox
COR is 94.4% for the group but UK reports broker “indigestion” as the provider beds in new systems and admits changes had a knock-on effect on service. Plus insurer reveals Brexit costs.
QBE Europe posts GWP rise for 2018
COR also improved, while provider's insurance profit dipped slightly compared to 2017.
Germany extends passporting rights for UK insurers
The country has adopted some special provisions in case of a no deal Brexit.
Quizzical Questions: 22 February 2019
Test your knowledge of the week's news with our topical quiz.
#Insagepeople: 18 - 22 February 2019
Stay up to date with the latest people moves.
Axa UK reveals growth in commercial lines
But personal lines revenues dip, while COR for the UK & Ireland business improves slightly.
Qatar Re reveals Markerstudy deal cost
Price published in the company's financial results for 2018.
Ageas' profitability back to pre-Ogden levels
CEO Andy Watson says motor was the "star of the show" in 2018, comments on Brexit preparations and addresses potential redundancies in Stoke and Port Solent offices.
NIG develops Brexit stock cover extension
Updated: It has been added to a number of lines following reports about companies increasing the level of stock-piling to prepare for the UK leaving the EU.
Ageas UK sees profit jump in 2018
COR improved to 96.8% for the year, but GWP fell across all of its divisions as results are announced amid business restructure.
Ageas hires Jonathan Price as CFO
Price replaces Fernley Dyson who has moved across to Allianz.
InsurTech Futures: Tapoly unveils broker platform for on demand products
Start-up MGA says platform gives brokers access to on demand cover and the sharing economy.
AI anti-fraud measures receive Government backing
The Government has earmarked £13m to develop professional services in the UK as it looks to tackle £3bn cost of insurance fraud.
Allianz prepared for "turbulent" 2019
UK CEO Jon Dye pledges commitment to brokers as Brexit uncertainty impacts the market.
Podcast: Top five stories this week with Axa's Jon Walker
The executive managing director for commercial joins the editor and news editor to discuss the redundancies at Axa XL and Brexit.