Insurer
Quizzical questions: 13 April 2018
It's Friday 13th today - will your luck in our quiz be bad or good?
InsurTech Futures: Axa teams up with on-demand motor broker By Miles
Axa UK has partnered with pay-by-mile insurtech start-up By Miles and will underwrite its policies when it goes lives.
Howden and Barbican pursued following Gable collapse
The Danish guarantee fund has posed a legal challenge to both firms which were linked to Gable before it went bust in 2016.
Barbican launches cyber resilience product
The add-on cover focuses on cyber reconnaissance, phishing defence and intrusion response.
FCA to look at dual pricing
Regulator details the need for firms to "further improve both competition and their standards of treatment for existing customers" in its Business Plan for 2018/19.
Blog: Commoditisation of cargo insurance
Having found Angela McCluskie’s blog on marine cargo insurance interesting and thought-provoking, John Potter shares his thoughts on how the market may develop.
#Insagepeople: 9 - 13 April 2018
Keep up to date with all the latest people moves.
Brexit to cost the FCA £5m in 2018/19
Regulator increases annual funding requirement by 3.2% to £543.9m.
FCA reveals Brexit-focused Business Plan
Regulator pledges focus on EU withdrawal and promises to publish interim findings on wholesale broking and current work on the value of the distribution chain.
Podcast: The top five stories of the week
Ida Axling and Emmanuel Kenning look behind the headlines.
Co-op posts insurance operating loss for 2017
Combined operating ratio came in at 101.2%.
Endeavour launches cyber coverage
Ensconce designed to protect manufacturers from physical damage.
Amanda Blanc a "big loss to Axa and unbelievable gain for Zurich"
Blanc credited with turning Axa around.
Amanda Blanc leaves Axa for Zurich
She will succeed Gary Shaughnessy who is stepping down from a full-time role.
Gallagher poised to replace Aviva as Premiership Rugby title sponsor
Insurer has sponsored the league since 2010.
Brokers warn against cutting corners on renewal transparency
Firms advised not to take the regulator's message lightly.
FCA goes on attack against "unacceptable" renewal failings
Regulator warns general insurance firms after widespread failings to comply with new rules on renewal transparency.
Magenta invests in Iprism founder Gary Burke's MGU
New backer to "support rapid growth" of the managing general underwriter.
The Hanover explores Chaucer sale options
Lloyd’s business had net written premiums of $849.1m in 2017.
Brokers welcome Oak and Zurich deal
Some suggested that Oak lost its “soul” under RSA ownership and questioned the fit of Oak and RSA.
FCA reviewing if Aviva share cancellation plan broke market abuse rules
CEO Andrew Bailey sends letter to MPs.
Zurich buys Oak Underwriting from RSA
Zurich says deal will give it "significant scale" in the HNW market.
Steve Treloar hails LV's "strong results" for 2017
GI CEO outlines plans to grow in the broker channel and says partnership with Allianz is "progressing well" as he comments on the future Ogden rate and LV redundancies.
Blog: How to get underwriters to step outside the box
Allianz’s Nick Hobbs talks brokers through how to get the best from their underwriters.