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Flock raises $17m to reinvent insurance for connected vehicles
The insurtech’s chief exec says ’commercial motor insurance is a $160bn market crying out for disruption’
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BrokerFest back with in-person event for 2021
Confirmed speakers so far include McCarron Coates director, Allianz Commercial chief executive and Ardonagh Advisory boss
latest news
CII exposes cyber risk knowledge gap
The lack of knowledge around cyber insurance could result in mis-selling and poor customer outcomes, according to the CII
Lloyd’s launches plan to accelerate UK’s transition to net zero
There is a ‘pressing need for a coordinated global effort to effect monumental transformation’, says insurance taskforce chair
UK government reveals billion-pound plan to reduce flooding and coastal erosion risk
The proposed measures aim to better protect and ‘provide reassurance to communities and businesses’
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UK government reveals billion-pound plan to reduce flooding and coastal erosion risk
The proposed measures aim to better protect and ‘provide reassurance to communities and businesses’
FCA launches diversity disclosure consultation for listed companies
The regulator believes ’there is a current lack of standardised and mandatory transparency about diversity’
CFC’s chief innovation officer promoted to chief exec
The MGA’s current chief executive Dave Walsh will become group chief executive in turn
Tasker Insurance Group buys independent commercial broker
The acquisition plans to bolster Tasker’s mid corporate capability and PI expertise in the North West
Regulatory bodies hit financial services D&Os with fines in the millions – BLM
A lack of cover for regulatory fines creates ‘a double-edged sword’ for company directors and officers
Motor insurance pricing drops 5% in three months – Pearson Ham
‘Cashing in’ could be a potential strategy for insurers ahead of the FCA’s pricing remedies coming into force
Protestor throws green paint at Lloyd’s building to ‘highlight shameless greenwashing’
Insurance Rebellion members also have insurer Tokio Marine HCC within their crosshairs
Tifgroup ‘temporarily’ stops sales of new travel insurance policies for UK customers
The MGA’s insurer partner is ‘evaluating options for the future’, including possibly ‘permanently leaving the UK market’
Markel UK and Cytora partnership set to accelerate profitable growth
The insurer aims to become a ’digitally enabled insurance company’
Right Choice chooses ThingCo for new telematics partnership
As personalised insurance increases in demand, the broker has ’firm ambitions to grow our telematics book of business’
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FCA launches diversity disclosure consultation for listed companies
The regulator believes ’there is a current lack of standardised and mandatory transparency about diversity’
CFC’s chief innovation officer promoted to chief exec
Global insurtech funding balloons to $4.8bn in 2021’s Q2
Tasker Insurance Group buys independent commercial broker
Regulatory bodies hit financial services D&Os with fines in the millions – BLM
Motor insurance pricing drops 5% in three months – Pearson Ham
Protestor throws green paint at Lloyd’s building to ‘highlight shameless greenwashing’
Tifgroup ‘temporarily’ stops sales of new travel insurance policies for UK customers
Markel UK and Cytora partnership set to accelerate profitable growth
Right Choice chooses ThingCo for new telematics partnership
Ecclesiastical Insurance and Shepherd launch new smart property proposition
McLarens bolsters global TPA expansion with new recruits
Subsidence claims increased by 49% in last year – LV=GI
Aon aborts $30bn WTW mega-merger
The broker said it had reached an ’impasse’ with the United States Department of Justice, despite progress last week regarding a potential settlement agreement
A-Plan gunning to be a UK top 10 commercial broker
Esure secures Centrica managing director as new chief trading officer
Aviva to pay out Covid BI claims to physios after broker and trade bodies apply pressure
Brokers could play a ‘crucial role’ as insurers brace for claims amid July flash floods
Insurers must ‘increase their knowledge and expertise’ around cyber risks
Staysure Group seeks to reform pet insurance with new product
Lloyd’s of London names first female deputy chair
QuestGates boosts Ireland operations with double acquisition
Beazley bolsters GWP by 22% in first half of 2021
QBE vows to ‘do more’ after publishing first UK ethnicity pay gap report
Aston Lark Ireland buys Dublin-based motorbike broker
James Reader set to leave Covéa after nine years as chief exec