Lloyd’s/London
IGI sets up European subsidiary; Ardonagh establishes Irish data hub; Howden launches climate risk arm; Swiss Re backs BP EV trial
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Blog: A time for the insurance sector to aim higher
With the end of the Covid pandemic edging closer, now is the time for the insurance industry to put its weight behind societal and environmental change, argues Peter Mansfield, RPC partner.
McLarens moves headquarters to Lime Street
Exclusive: After more than 40 years at Ibex House, McLarens is moving its headquarters to Forum House on Lime Street.
FCA pledges more accountability after recent parliamentary criticism
The Financial Conduct Authority committed to becoming a more ‘innovative, adaptive and assertive regulator’ as it published its annual business plan.
Lloyd’s takes Eleanor Bucks from L&G as first CIO
Lloyd’s has recruited Eleanor Bucks from Legal & General for the newly created role of chief investment officer.
QBE’s Emma Higgins on the new way of working
After the insurance industry adapted quickly to operating remotely last year, it now faces the challenge of addressing new ways of working in the future, says Emma Higgins, chief human resources officer at QBE Europe.
Staysure acquires Rock, Esure joins forces with Minster Law, and Allianz invests in Heycar
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Ever Given due to leave Suez Canal today after insurance agreement reached
MV Ever Given, which blocked the Suez Canal for a week in March, is due to leave today after a deal was struck between the UK P&I Club and the canal authorities.
Parhelion co-CEO Richardson asserts insurers need to move on from a ‘piecemeal’ ESG approach
The co-CEO of the self-proclaimed ‘world’s first sustainable insurer’ has admitted that he regards Parhelion as a “pathfinder” for the industry and hopes others will follow it into fully committing to the environmental, social and governance space…
Intelligence: CSR is dead, long live ESG
Although environmental, social, and governance issues have been mentioned as far back as 2006 by the United Nations with other sectors seeing it incorporated into their financial evaluations, insurance is only recently picking up the buzzword. Post…
Aviva tops inaugural ESG scoring index
Aviva achieved the best environmental, social and governance sentiment in the first quarter of 2021, according to a new benchmark from business intelligence firm Alva.
Climate Wise outlines priorities; WTW claims Lloyd's digital first with Ki; AIG publishes ESG report; Freedom secures funding
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
MS Amlin Underwriting appoints James Maxwell as interim CRO
MS Amlin Underwriting has recruited James Maxwell as interim chief risk officer to replace Vishal Desai who is leaving the company for personal reasons.
Interview: David Bearman, Aventum
Aventum CEO David Bearman explains the growth of the broking and underwriting firm to Emmanuel Kenning, tracing its route from a start up focused on retail UK SME to a global specialist and niche player that has plans to be a decade defining business.
Markel names Wilson as Stovin's successor
Markel has appointed Simon Wilson as the next president of its international insurance division, succeeding William Stovin.
PIB presses 'pause' on recommending Hiscox to clients after Covid crisis response
PIB has hit pause on recommending Hiscox to customers but has not ended its agency with the insurer, Post can reveal.
Carnegie-Brown: Every conversation should be about sustainability, climate and inclusion
Lloyd’s chairman Bruce Carnegie-Brown urged that “every conversation” should be about sustainability, climate and inclusion as the insurance industry partnered with the Prince of Wales for his Sustainable Markets Initiative Insurance Task Force.
Fewer lead underwriters in London market 'an inevitability', says Hiscox's Lawrence
The pool of lead underwriters in the London market shrinking over the next decade is an “inevitability”, Hiscox London Market chief underwriting officer Paul Lawrence has said.
Prince of Wales launches sustainable insurance task force; Aviva joins forces with WWF; Ford links up with By Miles; and LV reveals PI panel
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Hiscox adds ex-Ageas and Brightside leader Mark Cliff to UK board
Hiscox has moved to strengthen the board expertise in its two UK legal entities with the appointments of Mark Cliff, James Illingworth and Jane Hayes as independent non-executive directors.
Q&A: Caroline Bedford, Edii
Caroline Bedford, previously London market modernisation lead at DXC Technology, discusses her new venture Edii, the market’s innovation journey, and the skills needed to keep it moving forwards.
Climate activists take to Lloyd's in 'Father’s Day appeal'
Climate activists today gathered outside 1 Lime Street in the latest of a series of protest actions against fossil fuel underwriting.
Aegis launches assailant parametric product; Amicus in MBO; Davies buys two; and Vitality Car launches
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Lloyd's reinsures emergency central fund
Lloyd’s has taken out a five-year reinsurance policy against payments from its emergency central fund.