News
Insurance
Automation has arrived in the insurance market and will revolutionize many roles, especially that of the underwriter. But companies must develop a long-term strategy designed to embrace automation rather than just seek short-term wins. 6 March 2018
Insurance
The insured property market losses from extratropical cyclone Zeus, which primarily affected France on 6 and 7 March 2017, has reached €272 million, according to Zurich-based catastrophe insurance data provider PERILS. 6 March 2018
Insurance
Broker Aon has appointed Dominic Christian as global chairman of its reinsurance intermediary Aon Benfield while Julie Page has been promoted to chief executive officer of Aon UK. 1 March 2018
Insurance
Jardine Lloyd Thompson Group unveiled radical plans to restructure the business in its 2017 results, which it hopes will result in annualised savings of £40 million by 2020 for a one-off cost of £45 million spread across 2018 and 2019. 28 February 2018
Insurance
Gallagher has appointed James Fletcher to lead its Manchester operation as part of the company's strategic expansion plans for the UK North-West region. 26 February 2018
Insurance
Willis Towers Watson has appointed Roger Steel as managing director for Hong Kong and Macau, along with two other key hires for its Corporate Risk & Broking and Talent & Rewards businesses in Hong Kong. 23 February 2018
Insurance
Munich Re’s Digital Partners has entered into a long-term strategic partnership with insurtech home insurer Buzzvault, according to a Feb. 20 press release. 20 February 2018
Insurance
Insurance broker Lockton has appointed three industry experts to its high net worth Signature Client Group, according to a Feb. 19 press release. 20 February 2018
Insurance
Rates in UK property and casualty business along with terrorism and political violence are expected to decline further, according to a Willis Towers Watson report. 20 February 2018
Insurance
Insurance intermediaries need to make contingency plans due to Brexit to protect interests of their clients, secure contract continuity and to enable that business continues flowing into London, the London and International Insurance Brokers’ Association (LIIBA) has warned. 15 February 2018
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