News

Wholesale News: McGill Agrees to Buy Speciality Lines from Marsh

McGill and Partners has entered into an agreement with Marsh Limited and JLT Specialty Limited to acquire certain specialty business from Marsh in London. This business principally emanates from third-party wholesale, or independent brokers, who compete with Marsh […]

News

London Market: Gallagher Bassett Acquires Adjusting Associates Assets

Gallagher Bassett (GB) has expanded in both size and offerings in the United Kingdom by acquiring the assets of Adjusting Associates LLP. Established in 2002, Wales based Adjusting Associates provide high-quality loss adjusting and claims […]

Insurance claims

Underwriting: CGI/Polaris Sets Up ProductWriter as a Cloud Based Service

CGI has successfully implemented ProductWriter, the leading product development and rating software from Polaris, the UK insurance industry body, as a cloud-based service. This innovation follows a 23 year strong relationship with Polaris, during which […]

InsureTech

Insurtech Investment: Greenlight Capital Buys a Slice of Cove, NZ Based Start-Up

Greenlight Re Innovations (“GRI”), part of Greenlight Capital Re, Ltd. (NASDAQ: GLRE) (“Greenlight Re” or the “Company”), a specialist property and casualty reinsurance company headquartered in the Cayman Islands, has announced it has made a […]

Global insurance trends

US Market: Geico Launches Bespoke Jewellery Insurance Product

One of the big names in the US insurance market, especially car cover, Geico has recently launched a specialised jewellery insurance product. Homeowners or renters are eligible to take out policies, which may cover jewellery damage or loss up […]

UK Insurance Trends

Motor Insurance Sector Doing OK, Challenges Ahead, Says Ernst & Young

The UK motor insurance market has reported impressive underwriting profits for the second consecutive year, according to EY’s Annual UK Motor Insurance Results. The Net Combined Ratio (NCR) for 2018 was 94.8%, the best result for 33 […]

Insurance Brokers

Swinton Partners Up With Quotezone on Home Insurance Product Lines

Swinton Insurance, one of the UK’s leading insurance providers, has teamed up with the price comparison website, Quotezone.co.uk, to bring its Swinton Classic and Swinton Essentials home insurance offerings to an even wider group of homeowners and […]