Insurance news

• Global disaster costs more than double to $136bn

  20-12-2017 17:39
  Insured losses soar after a year of hurricanes, earthquakes and wildfires
  
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• Biba welcomes proposed delay to IDD as good news for brokers

  20-12-2017 15:46
  David Sparkes calls potential delay a “great” and “sensible” step.
  
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• EU insurers to be granted UK access after Brexit

  20-12-2017 15:18
  European insurers operating in the UK will be able to continue to do so even after Brexit, according to plans outlined by the Prudential Regulation Authority.
  
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• Key moments in 2017: RSA's Owen Thomas

  20-12-2017 15:16
  The sales and distribution director of RSA's Global Risk Solutions talks us through the race for growth and other key moments for the market in 2017.
  
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• European Commission seeks to postpone IDD until October 2018

  20-12-2017 14:43
  New proposals could see seven month delay.
  
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• Relief as IDD deadline extended by seven months

  20-12-2017 13:47
  Insurers have received an early Christmas present in the form of a proposed delay of seven months to the implementation of the Insurance Distribution Directive.
  
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• Market Moves: January

  20-12-2017 13:23
  The movers and shakers in insurance this month.
  
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• Career Development: Axa's training programme targets young brokers

  20-12-2017 13:23
  Axa is set to launch a new training programme aimed at helping young brokers prepare for the future of the insurance industry.
  
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• Travelers Europe opts for Dublin in response to Brexit

  20-12-2017 13:21
  Insurer joins XL Group in choosing the Republic of Ireland.
  
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• Sure Thing to launch MGA in 2018

  20-12-2017 12:54
  Sure Thing is preparing for future expansion and the launch of a managing general agent in 2018.
  
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• Upbeat Bailey hails organic growth in Clark Thomson 2016/17 results

  20-12-2017 12:47
  Broker posts rises in turnover and Ebitda.
  
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• Volante launches multi-class international MGA

  20-12-2017 12:34
  Talbir Bains is the founder and CEO of Volante with Nephila Capital the principal equity investor and the Volante management team participating as minority shareholders.
  
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• Axa Partners to roll out AI-driven concierge serve app across Europe

  20-12-2017 11:38
  Axa Partners has entered into the concierge service market with the launch of its Artificial Intelligence-driven app, Pleez.
  
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• Axa Partners to roll out AI-driven concierge app across Europe

  20-12-2017 11:38
  Axa Partners has entered into the concierge service market with the launch of its Artificial Intelligence-driven app, Pleez.
  
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• Global insured losses pegged at $136bn for 2017

  20-12-2017 11:34
  Total global insured losses in 2017 are expected to reach $136bn (£101.3bn), the third highest on record.
  
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• Lemonade announces successful $120m funding round

  20-12-2017 10:59
  On-demand insurer Lemonade has announced a $120m (£89.56m) funding round led by the Soft Bank Group and its existing investors.
  
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• Allianz invests $96.6m in emerging market insurtech

  20-12-2017 10:35
  Allianz has invested $96.6m (£72.3m) in emerging market insurtech Bima.
  
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• Predictions for 2018: Zurich's Roy Standish

  20-12-2017 10:08
  Roy Standish, sales & distribution director at Zurich expects more consolidation and disruption in 2018.
  
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• Review of the year: October 2017

  20-12-2017 10:00
  Reaction to the government’s Ogden rate proposals, a broker start-up, Martin Oliver’s departure, ongoing consolidation and Aon buying Henderson topped the charts in October.
  
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• Analysis: Mutual benefits

  20-12-2017 07:00
  With four mutuals making the UK top 20 insurers rankings for 2017 and results outperforming the rest of the market, mutuality is a sector to watch, especially as it is easier to innovate without constant shareholder pressure
  
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