Let’s talk about tax – Starmer may regret shutting down debate on abolishing NI March 20, 2024 Is dismissing ideas about genuine reform of the tax system as “unfunded pledges” really the best the Labour leader can do? Asks Eliot Wilson Taxation runs through politics like a golden thread. It was the battle for control over finance that precipitated the civil wars in Britain and Ireland, and “no taxation without representation” was [...]
Insurance, disrupted: What does the start of 2021 tell us about the industry? January 29, 2021 We waited patiently for the new year. January was meant to be a fresh dawn, with many businesses embarking on transformation programmes to emerge stronger from the pandemic. But, looking at the economic and political events from this month, we see more disruption ahead. Particularly for insurance companies. Before founding OLIVER, I spent 15-years at Commercial [...]
Zurich axes Z symbol after letter is adopted by pro-war groups March 27, 2022 Insurance giant Zurich has scrapped the use of its ‘Z’ logo from social media after the letter became appropriated as a symbol for support of war in Ukraine.
British terrorism reinsurer warns extremists are ‘actively experimenting’ with AI to carry out attacks May 20, 2024 Terrorism sympathisers have recently begun using AI to create optical illusions as one method of distributing propaganda, the report said.
Phoenix Group to explore potential sale of Sunlife June 26, 2024 Phoenix Group, the UK’s largest long-term savings and retirement business, has revealed that it will explore a possible sale of its Sunlife business.
Aviva’s UK unit testing AI for ‘quicker solutions’ August 21, 2023 The head of Aviva’s UK unit has revealed that the insurance giant is experimenting with artificial intelligence across its business. Adam Winslow, CEO of Aviva UK & Ireland General Insurance, told the Insurance Post that virtual assistants and chatbots were the “obvious next step” for offering customers “quicker solutions to whatever their query is”. “There [...]
Lloyd’s of London names Treasury veteran Charles Roxburgh as chair September 19, 2024 Lloyd's of London has named Treasury veteran Charles Roxburgh as its next chair, taking over one of the City's most prestigious posts from Bruce Carnegie-Brown.
Direct Line shares rocket higher after rejecting £3.1bn offer from Belgian peer Ageas February 28, 2024 This morning, Bloomberg reported Ageas had been working with advisers to put together an offer for Direct Line, but had seen its most recent offer rebuffed.
Chancellor unsure if Government can afford to announce new tax cuts January 6, 2024 Chancellor Jeremy Hunt has said he does not know if he can afford to cut taxes for British households as a national insurance reduction came into force on Saturday. Hunt said he wanted to further ease a tax burden which is expected to rise to the highest since the Second World War before the end [...]
Business secretary ‘not worried’ about riots putting off foreign investors August 11, 2024 Business and Trade Secretary Jonathan Reynolds has said he is “not worried” about the potential effect of days of rioting on foreign investment in the UK as the Government seeks to secure economic growth.