Direct Line Group
LV's Clare Lunn appointed to head industry's counter-fraud organisation
Exclusive: Clare Lunn, director of fraud at LV, has been selected as a chair of the the General Insurance Fraud Committee.
This week: Gaukward moment for insurers following Ogden change
It was around Spring when office chat turned to the trend of insurers bolstering full year accounts through claims reserve releases.
Analysis: Industry faces financial blow from discount rate revision
Insurers that have been pricing and reserving using a discount rate of between 0 to 1% may face a short term financial hit, analysts have warned.
Industry pays tribute to 2019 BIA Achievement Award winner Annette Court
On Wednesday night Admiral chair Annette Court won the Achievement Award at The British Insurance Awards.
Direct Line’s David Baker to join Axa UK as CRO
David Baker, Direct Line Group director of group compliance, is joining Axa UK & Ireland as chief risk officer.
Direct Line motor head warns of 'dangerous' autonomous vehicle tipping point
The tipping point between level two and level three automation is a potentially dangerous place, according to the head of motor at Direct Line.
Analysis: Charity & CSR: Protect and survive
The insurance sector is one of the mainstays of the UK economy, contributing nearly £30bn and employing more than 300,000 people. Its sheer size and financial strength gives the industry the opportunity to do good for the people who rely on it
This week: Dual pricing and sexual harassment claims
For a while now the insurance industry has been under the spotlight for the sheer volume of sexual harassment allegations its faced. And after Post reported this week the suspension of a senior boss at Marsh sister company Guy Carpenter, following…
Ecclesiastical appoints Denise Cockrem as group chief financial officer
Eccslesiastical has appointed Denise Cockrem as group chief financial officer.
Mike Holliday-Williams departs Direct Line amid restructure
Mike Holliday-Williams, managing director of personal lines at Direct Line, will step down from his role amid a wider management restructure.
Roundtable: Making data fit for compliance and regulatory purpose
The use of data is widespread but where insurers are on their integration journeys can be very different. Post, in association with Marklogic, brought a panel of experts together to discuss best practice in this area including effective compliance and…
Discount rate: Are insurers being too optimistic?
In anticipation of the new discount rate announcement, expected by 5 August 2019, many insurers have already started to price and reserve at 0%
Brightside's Brendan McCafferty on whether Saga’s writedown heralds a shift in the tectonic plates?
Providers with books that are skewed to heavily discounted year one are facing a quandary about whether to change their strategy before the dual pricing review outcomes or wait until after. Either way Brendan McCafferty, CEO Brightside Group, believe…
Spotlight: Data - Ordering data in
Insurers continue to hang their success on the quality and use of data, with businesses continually reviewing how to gain a commercial advantage. Edward Murray looks at the benefits of using external data providers and why some peril risks have proven…
Machine learning insurtech raises £4.2m in seed investment round
London-based insurtech Artificial Labs has announced it has raised £4.2m in a seed round to scale up its team, product offering and geographic reach.
More than a third of consumers feel no loyalty to their insurance provider
A third of UK consumers feel no loyalty to their insurance provider, according to a report.
Blackrock ups stake in Direct Line
US asset manager Blackrock has upped its stake in UK insurer Direct Line to 10.13%.
Blog: Consumers no longer 'feel epic' about price comparison
Technology continues to disrupt insurance but William Corke, founder and strategy director at Corke Wallis, argues this is the perfect time for insurers to wrestle control back from the price comparison websites.
Analysis: How might a no-deal Brexit affect claims inflation?
With the outcome of Brexit still unclear and a possible European Union exit on 29 March looming, some insurer bosses have cautioned that we could see rising claims inflation this year.
Insurers to pay up to double compensation for FOS complaints
Insurers will have to pay more than double compensation to consumers and businesses who complain under the Financial Ombudsman Service.
Insurers count cost of EHIC no-deal Brexit loss
The loss of European Health Insurance Cards in the event of a no deal Brexit could increase insurer costs and put UK travellers off European mini-breaks.
Blog: He won over brokers and the board, but can new Aviva CEO Tulloch win back investors?
Aviva's share price nudged up a few pennies on Monday as it announced Maurice Tulloch as its new group CEO. Post content director Jonathan Swift reflects on why - despite his initial cynicism - the British-Canadian boss might have the attributes to…
Direct Line profit drops despite Ogden rate releases
Direct Line saw operating profit drop, despite reserve releases ahead of an anticipated Ogden rate revision.