Articles by Chinwe Akomah
Insurers' PANIU recovers £10m but construction site theft rise signals new crime wave
The insurer-funded Plant and Agricultural National Intelligence Unit has in total recovered 411 items of plant worth £9.5m in total but highlighted growing theft of quad bikes and construction site robberies.
AIG 'considering' Chartis UK rebrand
Chartis UK has revealed that a decision has yet to be taken on its rumoured rebrand back to American International Group.
Burglars take orders to steal big brand products, LV research reveals
A growing number of burglars are stealing brands "to order" and using shops and auction websites to sell illegal goods, according to research by LV.
'Strange' name insurers bid for British Money company
London-based online insurance entrepreneur, Simon Burgess, is selling his three companies with “British” in the title and has already received interest from insurers with “strange” names.
Dann leaves JLT for Miller
Broker Miller Insurance has hired former JLT sales leader Warren Dann in a bid to further expand its book of large corporate clients.
Ex Zurich CFO joins Deloitte GI actuarial division
Business advisory firm Deloitte has appointed Alex Poracchia as a new partner in the general insurance actuarial team.
Aviva Ireland agrees branch network sale with One Direct
Aviva Ireland is to sell part of its branch network business to general insurance provider, One Direct after three months of evaluations.
Londoners most reluctant to buy home insurance, survey finds
Londoners are most likely to decide not to take out home contents insurance, research by Confused has revealed.
Insurers urged to make income protection cheaper
An increasing number of UK consumers do not have income insurance, leading to calls for more affordable cover.
Canopius shakes up UK property facilities underwriting team
Lloyd’s insurer has revamped its UK property facilities underwriting division with a string of new hires.
Hampden Underwriting posts a loss but vows to raise cash
Hampden Underwriting has posted a net loss of £387 000 (2010: £132 000) in its full year results citing last year’s catastrophes as the cause but the chairman has pledged to raise capital.
CNA launches new transport and logistics product
CNA Insurance has unveiled a transport and logistics package aimed at fitting the specific risks and exposures of its clients.
Money Supermarket dominates Google search rankings a second time
Money Supermarket came top of the natural search rankings on Google searches for car, home and travel insurance for the second quarter running, online marketing solutions provider Gravytrain has revealed.
Crawford to cull staff and six managers in three divisions
Crawford & Company could make up to six managers in its home, commercial and client teams redundant and axe a number of employees - less than a year since it cut 50 jobs.
Merlin rejects administration claims
Merlin has "categorically" denied claims that the company is going into administration.
Former Setanta boss McLoughlin joins Matthews at Sevitt
Deirdre McLoughlin, Setanta Insurance's former general manager in Ireland, has returned to the recently expanded Sevitt Group as project director.
DAC Beachcroft teams up with Canadian law firm
DAC Beachcroft and Canadian law firm McCague Borlack have entered into a formal association working with international clients.
Kiln forecasts profits in non-aligned syndicates for 2010 and 2011 accounts
R J Kiln & Co has forecasted profits for its four non-aligned syndicates with catastrophe losses for the 2010 and 2011 years of accounts.
BIBA 2012: MGAs 'make sense', say insurers and brokers
Insurers, brokers and managing general agents believe that delegated authority "makes sense" if parties have the same interests, but some MGAs lack the skills to work effectively.
BIBA 2012: Sterling extends executive business cover
Sterling has increased the cover limit on three executive business products.
BIBA 2012: Lloyd's vows to build up SME business
Lloyd's has revealed potential plans to hold regional broking events outside London next year in a bid to build on the 5% growth achieved in its small and medium size book of business last year.
Williams denies Accident Exchange settlement claims
Axa boss David Williams has rubbished Accident Exchange's claim that the insurer is reluctant to reach a settlement over the use of Autofocus evidence.
Allianz posts second highest Q1 revenue in its history
Insurer has reported a record revenue of €30.1bn in Q1 with UK gross written premiums of almost €600m.
Charles Taylor cuts net debt in Q1
Charles Taylor Consulting reduced its net debt by £1.4m to £32.6m in the first quarter from £34m at 31 December 2011.