Brit Insurance
WH Smith to launch ‘digital first’ insurance lines; WTW lines up first acquisition after Aon merger collapse; Converys Europe strikes fourth deal and Higos buys in Cornwall
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Blog: Why the delay of next generation PPL at Lloyd’s is not a failure
Lloyd's placing platform PPL is often criticised, but when the underwriting rooms were closed last year it ensured the relative stability of the market. Jakub Wróblewski, London Market practice lead at Sollers Consulting, asks what comes next.
Ki appoints Richard Hodgson as chief technology officer
Ki, the fully digital and algorithmically-driven Lloyd’s syndicate from Brit launched in collaboration with Google Cloud, has recruited Richard Hodgson to the newly created role of chief technology officer.
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.
Intelligence: Political risk and the pandemic
Covid-19 has already raised tensions between countries and a fragmented exit from the pandemic could test relations further, putting more pressure on businesses. Supply chains remain disrupted and global businesses fragmented. Post investigates what this…
Howden unveils ESG insurer; DLG launches tech platform; Zego introduces pregnancy loss leave; Hiscox in legacy tie up; Brit debuts consortium
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Briefing: Time for Lloyd’s to take the lead on climate change
Climate protesters are becoming a frequent irritation for Lloyd's but, as Pamela Kokoszka explains, they are a piece of a bigger puzzle that the corporation needs to do better to acknowledge and play its part in.
Admiral, Aviva and Lloyd’s sign Fintech Pledge; Nextbase Insurance launches with Axa and Ageas; Rightchoice buys Fresh and Zurich in Ping An tie-up
Post wraps up the major insurance deals, launches, investments and strategic moves of the week not covered elsewhere on www.postonline.co.uk
Interview: Mark Allan, Ki
Lloyd’s first algorithmically driven syndicate Ki began trading on 1/1 this year. Jonathan Swift caught up with its CEO Mark Allan to discuss early progress, its plans to integrate brokers on its platform with APIs and why it should not be simply…
Insurer test case BI claims payouts to March revealed
Data released by the Financial Conduct Authority shows that up to 3 March insurers had paid out £192m towards interim payments and £279m to settle Covid-19 related business interruption claims affected by the regulator’s test case, with Covéa leading the…
Insurer results directory 2020
Updated: Post tracks the 2020 insurer results season including gross written premium and combined operating ratio - detailing the impact of UK business interruption, weather, motor, home, non-business interruption Covid-19 claims, as well as mergers and…
For the record: Brightside sold to Markerstudy; Aviva acquires Axa XL HNW team; Aston Lark buys Bruce Stevenson and Inflexion invests in broking again
Post wraps up the major insurance deals, launches and investments of the week
UK Insurer Hot Seat 100: who has been at the top the longest?
Post has compiled a list of the 100 highest profile people working at the top for UK general insurers, Lloyd’s vehicles, international insurers with a UK presence, regulators, trade bodies and markets based on how long they have been in the hot seat.
For the record: The week in deals featuring Aviva, Brit, Cazoo, CFC, Co-op Insurance and GRP
Post wraps up the major insurance deals, launches and investments of the week
Brit names RSA’s Gavin Wilkinson as group CFO
Brit has appointed Gavin Wilkinson as group chief financial officer, joining from RSA where he is currently CFO for Scandinavia.
Lloyd’s bosses bombarded with ‘calendar jam’ as insurers targeted on Twitter
Apollo ruled out further dealings on Adani projects as climate campaigners hit Lloyd’s insurer CEOs with calendar invites and targeted companies on social media.
Future Focus 2030: The Lloyd’s and London Market podcast
It is the year 2030. Following the success of 2019’s Blueprint One and 2025’s Blueprint Two [which also co-opted in the IUA and broader stakeholder representation], Lloyd’s and the wider London market is now ready for the highly anticipated third…
Briefing: Lloyd's start-up Ki secures $500m of backing, is it a Direct Line to success
Ahead of its first quarter 2021 launch, Lloyd’s of London syndicate Ki has received $500m (£390m) backing from Blackstone Tactical Opportunities and Fairfax Financial Holdings.
Brit names Mark Allan as Lloyd’s syndicate Ki CEO
Brit has appointed Mark Allan as CEO of Ki, its digital and algorithmically-driven Lloyd’s of London syndicate launched in collaboration with Google Cloud this May.
BGL adds Gousto founder Timo Boldt as NED
BGL Group has appointed Gousto founder Timo Boldt as an independent non-executive director while Thomas Chambers has joined the board of Compare the Market, also as an NED.
Brit digital syndicate Ki takes Dan Hearsum from Marsh as MD
Digital algorithmically-driven Lloyd’s of London syndicate Ki has appointed Dan Hearsum as managing director joining from Marsh JLT Specialty where he was head of placement for the specialty business in the UK.
Virtual Roundtable: Has Covid-19 helped speed up the digitalisation of insurance customer communications?’
Post gathered a group of experts together for an interactive digital roundtable at which we discussed how insurers and their partners can maximise satisfaction, despite policyholders being in lockdown; and build long-standing relationships that will…
Q&A: Tara Parchment, head of private clients, Brit
Tara Parchment joined Brit to head up its private client offering in November 2018, after 22 years at Chubb. She spoke to Post about plans for the Private Clients offering, how it will meet the changing customer needs and how the current pandemic is…
Insurance Covid-Cast episode 18: Brit's James Birch on digital Lloyd's start-up Ki's plan to be a top 10 syndicate by 2025
Ki, the new standalone algorithmically-driven digital Lloyd’s syndicate launched by Brit Insurance in collaboration with technology giant Google, aims to be a top ten player in terms of capacity by 2025.