Business

Aviva Makes Bulk Purchase with TI Group Pension Fund

Aviva has announced that it has completed a £142 million bulk purchase annuity buy-in transaction with the TI Group Pension Scheme, whose sponsoring employer is Smiths Group, a leading industrial technology company. Aviva will insure […]

Global insurance trends

Visa Buy of Plaid Payments App, Is Given Green Light by CMA

Here’s one we missed from last week, interesting decision by the CMA – this is the statement from the UK GOV website; The Competition and Markets Authority has found in favour of Visa, as it […]

News

Deals: Ardonagh Snaps Up Rural Insurance

The Ardonagh Group (“the Group”) today announces the acquisition of trade and assets from Rural Insurance Group Limited (“Rural”). Contracts have been exchanged and completed by Geo Underwriting Services Limited in relation to the purchase. […]

Insurance Brokers

EU Markets: Gallagher Buys Stake in Czech Broker Renomia

Global insurance broker, risk management services and consulting firm Gallagher today announced that it has signed an agreement to purchase a minority (29.7%) stake in Czech-domiciled insurance broker Renomia a.s. (“Renomia”). The transaction is subject to […]

Insurance Brokers

Deals & Mergers: Gallagher Wraps Up Stackhouse Poland Purchase

Gallagher has today announced the successful completion of its previously disclosed acquisition of specialist UK insurance broker Stackhouse Poland Group Limited (‘Stackhouse Poland’) following full regulatory approval. Over the last 45 years, Stackhouse Poland has grown into […]

Fraud

Opinion: Tackling Smartphone Insurance Fraud

In this Opinion piece, Toby Stubbington, Managing Director of loveit coverit, looks at the latest techniques in fighting fraudulent mobile phone claims. With modern handsets like the iPhone X, Blackphone and Samsung Galaxy S9 all […]

Lloyd's/London Market

Sedgwick Completes Cunningham Lindsey Purchase

Sedgwick has finalized the purchase of global loss adjusting, claims management and risk solutions firm Cunningham Lindsey and its subsidiaries. The combined organization—including the subsidiaries of Sedgwick, Vericlaim and Cunningham Lindsey, with select exceptions—will move […]