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The executives driving any merger or acquisition must set out clear strategic objectives and deliver on them—or risk getting fired in the aftermath of a deal if they are not met, according to Paul Clark, partner and managing director at Boston Consulting Group and a specialist in change management, speaking to Intelligent Insurer on how the success—or failure—of such deals should be judged. 27 December 2016
Insurance
Insurer RSA has made two senior underwriting appointments within its Global Risk Solutions’ (GRS) UK operation. 23 December 2016
Insurance
While the UK vote to leave the EU has shocked London with its large internationally-oriented financial services sector, it also may create some opportunities for the insurance industry. 22 December 2016
Insurance
Cunningham Lindsey, a provider of claims management services, has appointed a new chief executive in Malaysia. 22 December 2016
Insurance
Six firms have been chosen as technology development partners on the so-called Pensions Dashboard, a project managed by the Association of British Insurers (ABI), which will create the first online service allowing people to see all their pension savings in one place. 22 December 2016
Insurance
The British Insurance Brokers’ Association (BIBA) has introduced a free online facility for its members that will help with due diligence if they choose to use unrated non-life insurers. 22 December 2016
Insurance
After a spate of big deals and with consolidation in the re/insurance industry showing little sign of slowing, Intelligent Insurer examines the different ways the success—or failure—of a merger or acquisition may be judged in its aftermath. 21 December 2016
Insurance
Lord Chancellor’s decision to review the discount rate for personal injury damages, which is being legally challenged by the Association of British Insurers (ABI), is potentially game changing, according to law firm Clyde & Co. 21 December 2016
Insurance
Some of the pressures the re/insurance sector faced in 2016—low interest rates, uncertainties around Brexit and a soft market—are likely to persist in 2017. But some additional drivers are set to affect the performance of the sector, as described by executives from major players such as Markel, Swiss Re and Willis Re. 21 December 2016
Insurance
Startups are developing interesting business models which are set to change the way people are buying insurance, says Yannis Korgialos, partner development manager at Munich Re Digital Partners. One growing trend is insurance on demand, particularly in motor and content insurance, he notes. 21 December 2016
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