News
Seventeen Group buys WPS
Plymouth-based WPS will retain its leadership team following the sale.
Quizzical questions: 5 July 2019
Test your knowledge of the week's news with our topical quiz.
Biba warns that HMRC's IPT consultation may have "detrimental impact" on brokers
Trade body calls for input from members as it gears up to respond to the government.
InsurTech Futures: Worry+Peace and Next Generation join forces
Next Generation is the latest addition to Worry+Peace’s regulatory incubator.
Trying to find capacity for start-ups a “chicken and egg situation” says A-Plan’s Carl Shuker
Panellists at the MGAA Conference note there is not enough data when it comes to insuring start-ups, and urge MGAs to embrace rate hardening.
Lorica rebrands as Wilby in Leeds
Move comes after both businesses were acquired by PIB in 2018.
Acturis buys Zycomp Systems in Canada
Move follows the software house's expansion into the German market.
CII launches new code of ethics
The digital code of ethics is the latest modernisation measure at the body.
Lloyd's CEO admits that culture problems are ongoing
In a speech at the MGAA annual conference, CEO John Neal declared “whatever we’re doing isn’t enough”.
ERS launches horsebox insurance via its online platform
The motor insurer will offer bespoke horsebox cover using ERS eTrade.
#Insagepeople: 1 - 5 July 2019
Stay up to date with the latest people moves.
Amanda Blanc leaves Zurich
Former Axa boss resigns after only nine months as EMEA CEO at Zurich.
Applied Systems report shows only 29% of UK brokers use data analytics tools
Applied's Jeff Purdy discusses the challenges and opportunities for brokers in the UK when it comes to adopting technology.
Markel reveals new cyber product
Cover is available on both a stand-alone and add-on basis for UK businesses.
Ignition Select enters dissolution after administration extension fails to realise funds
Close Brothers are set to lose millions from the broker dissolving.
Financial services firms reported 819 cyber incidents to the FCA last year
Six percent of cyber incidents were reported by the general insurance and protection sector.
Mike Bruce: GRP's acquisition strategy not about putting flags in the map
Group MD discusses future deals and explains why the consolidator does not see Brexit as a reason to expand outside of the UK.
Danish watchdog orders Gefion to recalculate solvency level
Regulator says the unrated Danish provider has a solvency ratio of 105% after assessment.
Falling business volumes have not dampened insurance sector optimism, PwC and CBI report
A survey by the organisations points toward M&A activity as the source of such positivity.
James Hallam to expand AR network with new hire
Broker appoints former Zurich man Roy Standish.
FCA warns of UK General clone
Fraudsters have been trying to trick consumers by using UK General's name.
CII simplifies application process for Chartered status
Body says new form will automatically calculate whether the applicant meets the criteria for staff.
InsurTech Futures: Instanda unveils new MGA start-up facility
Business says it can help an MGA to set up in about 10 weeks, guiding the process from initial contact to when the firm starts to underwrite.
FSCS makes first compensation payments to clients of Lamp
Payments made to clients who had outstanding property damage claims at the time of the insurer’s collapse.