Post - 2010-12-16

Oracle rolls out latest insurance products

Technology firm Oracle is set to unveil two new insurance products aimed at guiding the industry through the economic downturn. The seventh version of Oracle Insight and the latest release of Oracle Documaker Enterprise will be rolled out this month.

Europ reveals new five-year plan

Europ Assistance is planning to reduce its reliance on traditional travel and motor lines — which currently account for more than three-quarters of the company's turnover.

Aon gets new northern base

Aon is set to move to a new office in Manchester next week. The intermediary will relocate from Arkwright House to Spring Gardens, where there is space for the broker to add to its 150 staff.

Editor's comment: Don't count your turkeys

Insurers received an early Christmas present last month, when the government appeared to give firm backing to Lord Justice Jackson's recommendations on combating disproportionate civil litigation costs. The ministerial foreword to its consultation…

Midwifery scheme moves step closer

The Royal College of Midwives and the Nursing Midwifery Council have commissioned consultancy Flaxman Partners to produce a report on the provision of insurance for independent midwives.

Zurich reorganises UK operations

Both the Zurich Private Clients and Navigators & General businesses are to be rolled into the insurer's new-look personal lines division, following a restructure of the UK general insurance operation.

New equity for Towergate

Towergate Partnership has secured new equity investment, after signing a preliminary agreement with an international private equity house, Post understands.

View from the top: Fight the good fight

Well - what a year. The turmoil in the financial services markets over recent years hasn’t really evaporated from customers’ minds, even if we’ve all worked through it and moved from stock market crisis to sovereign crisis in more recent times. Against…

View from the t’opera: The ‘tache triumphant

You insurance types are certainly a very stylish bunch. Since I exploded onto the scene back in August 2009, I’ve been impressed by all the tailored suits, neatly pressed shirts and perma-tans sported by almost everyone that I meet.

Penny Black’s insurance week

One of the rumours that will not go away is that Giles, fresh from the largest deal in its history, has again got an appetite for deals, with Kerry London among the firms on its hit list.

Inperfectharmony

New minimum harmonisation requirements being proposed by the EU for IMD2 hope to level the regulation playing field. Vic Wyman reports.

The death ofloss adjusting?

Loss adjusting has changed dramatically over the past 10 years. Benedict Burke examines the changes and argues that customer outcomes are only getting better.

Getting cashback

New tariffs introduced this year for the Injury Cost Recovery scheme have the potential to impact insurers. Peter Forshaw examines fears that the scheme may be extended further.

Singing the same songs?

The music industry has been revolutionised by technological advances. Tim Grant reflects on whether insurers can learn from how this transformation has been driven.

Aon
IRM
Career development & CSR news: Ask the expert

I want to move on from my current place of work but I'm not unhappy and want to collect my bonus. Will I enjoy more opportunities in 2011 or should I strike while the iron's hot, despite the Christmas lull?

Legal update - professional negligence: A strong defence

The illegality principle may rear its head if a second dip of the recession takes hold and insolvency practitioners engage in civil claims. Tony Hill and Kate Thompson examine the issues professional negligence insurers face from this line of attack.

Singing the same songs?

The music industry has been revolutionised by technological advances. Tim Grant reflects on whether insurers can learn from how this transformation has been driven.

Inperfectharmony

New minimum harmonisation requirements being proposed by the EU for IMD2 hope to level the regulation playing field. Vic Wyman reports.

The death ofloss adjusting?

Loss adjusting has changed dramatically over the past 10 years. Benedict Burke examines the changes and argues that customer outcomes are only getting better.

Care crisis or opportunity?

The past 12 months have been tough for health insurance, with a record contraction in policy numbers. Amy Ellis examines recent market developments and asks whether 2011 will be brighter.