Insurance Post

Penny Black's Social World - 10 December 2015

The Big Picture
Allianz UK has become an official partner of the British Paralympic Association. The new sponsorship agreement will start in January 2016.

Allianz will be supporting the BPA as it prepares to send the Paralympics GB team to compete in the 2016 Games in Rio, Brazil.

“Our employees are passionate about this partnership and the idea of making sport accessible to everybody,” said Jon Dye, CEO, Allianz Insurance (pictured, below left).

Tim Hollingsworth, chief executive of the BPA (pictured, below right), commented: “We are delighted to partner with a business that has such a good understanding of the powerful and positive impact of the Paralympic movement.”

allianzpara

The Big Debate

Could the Financial Conduct Authority have gone further with its transparency proposal? The FCA proposed on 3 December to require general insurers to publish the prior year’s premium on renewal notices. Industry commentators have called the measure a “partial solution”. For example, aggregator Compare The Market said minimum requirements should be introduced about the way information, such as the previous year’s price, is presented.

Would you like to have seen the FCA take a stronger stance? How would you suggest the proposal could be taken further?

Have your say at bit.ly/PostLinkedIn

Fresh from Facebook

Hiscox celebrated the official opening of its York office last week, whose construction involved 775m2 of glass – four times as much as the York Minster’s Great West Window.

Designed by Make Architects, the £19m building houses 230 employees, but Hiscox wants to make it its biggest office in the UK outside London with up to 500 staff.

Services at Hiscox York include underwriting, claims, customer services, IT, HR, other operational roles, and the customer experience centre for the North.

york-hiscox-infographic

Tweet of the Week

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