Post - 2010-02-04

Miller in FTSE 250 drive

Independent broker Miller has hired the former chief executive of Aon Global UK, Ken MacDonald, to spearhead its expansion in the corporate risk sector.

Hoban pledges 'dedicated' resource for insurance

The Conservative Party has attempted to allay the insurance industry's fears that it will be tarred with the same brush as banks, if the party comes to power this year and scraps the current regulator, by promising 'dedicated resources' to the sector.

Axa unveils direct launch

Axa has signalled its intention to become a major player in the direct motor market after launching an aggressive marketing campaign to support its return to the sector.

AA insurance boss: deals "drying up"

The AA has reported that car insurance premiums rose more sharply in the last quarter of 2009 than at any other point since the launch of its UK insurance premium index in 1994.

Aviva drops Asda

Aviva has relinquished its role as lead home, motor and travel insurer for Asda. The insurer extended its affinity deal signed in March 2003 with the supermarket until December 2009.

Insurers stress fraud action

Insurers have stressed the need for decisive action against fraudsters in the civil courts after seven major insurers won £300 000 in damages from 57 members of a 'crash for cash' fraud ring.

Hubbard quiet on UKG link

Former Axa Insurance chief executive Peter Hubbard has refused to rule himself out of the running to become the new boss of UK General.

TIP linked to Oxygen trio

The Insurance Partnership has been linked with three members of Oxygen's corporate risks arm who recently resigned.

'Culture shift' sees 100 execs recruited

Towergate plans to bolster its broker sales force by recruiting 100 development executives this year, as part of its revised strategy to grow organically rather than through acquisition.

SMEs look to go direct

A third of UK SMEs would rather buy business insurance direct, rather than via a broker. According to a new survey by QBE, only 16% of UK SMEs will look to the insurance industry for advice in the first six months of 2010.

Interview - David McMillan: Time for the fine tuning

Aviva's chief executive of general insurance David McMillan has turned a bunch of losers — his son's football team — into winners. Daniel Dunkley discovers his plans for an insurer that is already top of the league in many sectors.

View from the Top: The money-go-round

I've had a go, on the back of a large envelope, at breaking down where the money goes that Mr Customer spends on his motor insurance. Just what happens to a typical £400 premium?

Postbox: No standard LEI outside the UK

Paul Asplin, chief executive officer of DAS Group makes some pertinent points in his recent letter ('European legal insurance model can work in UK', www.postonline.co.uk/1587832) but they may give the impression that there is a standard legal expenses…

Follow the lead

Converting and retaining new business is essential in the current economic climate. Edward Murray looks into how brokers can best mine new seams of prospects.

Diabetes & Dangerous driving: Motor functions

With the number of people in the UK being diagnosed with diabetes increasing dramatically, Ian Bridge says insurers should alert their motor customers to be more aware of the legal implications.

The legal lottery

The 'lotto rapist' case has had a considerable impact on the law relating to sexual abuse. Lindsay Gray charts the changes and their implications for care establishments and insurers.

Warning over scrapping retirement age

The Forum of Private Business has warned that government proposals to scrap the default retirement age threaten the future of SMEs across the UK and could lead to a raft of "painful and costly" legal disputes.

QBE
JLT
Penny black's insurance week

Penny was intrigued to discover the lengths to which people will go for insurance at Hiscox. On a recent visit to the insurer's City office, a chat with two underwriters uncovered some unusual clients on Hiscox's books — among them a balloon artist, and…