Insurer
Allianz redundancies continue amid claims reorganisation
The insurer is set to close its Bristol claims operation with a threat to 128 jobs as it reviews its claims business.
#Insagepeople: 3-7 June 2019
Stay up to date with the latest people moves.
Worries raised about broker knowledge of construction
Research from HSB Engineering Insurance shows majority of brokers are in the dark when it comes to developments in technology in the construction sector.
Aviva to cut 1,800 jobs over three years
Provider confirms plans to separate its life and general insurance businesses in the UK as part of wider restructure to reduce costs.
GRP-owned County Group buys Meadons
County says more deals are to come as it nears £100m of GWP.
Lamp declared in default following insolvency
The FSCS is still in the process of identifying how many UK policyholders are affected by the failure of Lamp as Now4Cover seeks replacement provider.
Mental health counselling to feature in new Axa XL employer liability product
Policy includes traditional employer’s liability cover as well as a wellness, health and injury rehabilitation service.
Aviva CFO steps down ahead of rumoured reorganisation
The announcement comes one day ahead of an investor meeting in which it is predicted new CEO Maurice Tulloch will announce a restructure.
Brokers cautiously optimistic about Allianz's L&G GI buy
Experts say deal is "good fit", despite the possibility of it limiting choice in the market.
Government launches IPT review
HMRC calls for evidence from the insurance sector, admitting the current IPT model can lead to “unfair tax outcomes in the insurance industry”.
Allianz unveils risk management website
The offering aims to keep brokers and their clients up-to-date with the changing risk landscape.
Glasgow’s Blackford buys customer book worth £3m from TL Dallas Edinburgh
Broker opens a new office in Fountainbridge, Edinburgh, to accommodate its expansion, led by former Central-man, Tom Aldridge.
Reid French exits CEO role at Applied Systems
Taylor Rhodes will be the software house’s new chief executive.
Gallagher completes acquisition of JLT’s aerospace operations
Purchase will mean JLT's 250-person global aerospace team will be transferred to Gallagher.
Lamp enters liquidation following Supreme Court decision
The Official Receiver has appointed Grant Thornton's Gibraltar office to manage the liquidation.
Quizzical questions: 31 May 2019
Test your knowledge of the week's news with our topical quiz.
Brokers to benefit from L&G deal, says Allianz's Dye
The UK CEO says brokers will remain Allianz's biggest distribution channel after the deal has been completed, as it also buys the remaining stake of LV with the intention of combining the two entities.
Allianz to buy remaining stake of LVGI for £365m
The insurer will fully own the LVGI business and has spent approximately £1.08bn on it since 2017.
Lloyd's hit with further sexism claims
The market is currently in the process of a cultural overhaul but still finding itself under attack.
Allianz UK buys L&G's GI division for £242m
Provider to combine the business with LV following the completion of the deal.
LexisNexis analysis shows 1.3m motor policies were cancelled in the last year
Company says its data platform can help brokers save money by identifying customers who have a history of cancelling policies.
The Blog Spot: How much does insurance really care?
Siân Barton urges the sector to sign up to the three Insurance Cares pledges to help vulnerable customers with dementia.
FSCS to pay out £6.9m to taxi drivers affected by Alpha collapse
Organisation to refund 9,000 commercial taxi drivers who were insured by Alpha via its broker MGA Capital Underwriting Agency.
Blog: Insurance industry needs to reassess its workplace strategy
Jennifer Townsend of Knight Frank argues that it's time for the insurance industry to put its people first.