Articles by Francesca Nyman
Covéa signs up to the IFR
Covéa Insurance has become the latest insurer to join the Insurance Fraud Register.
Tackling 'skills gap' must be priority for next government says CII
The transition from education to employment must be a key focus for the next government, whatever its composition, according to the Chartered Insurance Institute.
OIM replaces Hiscox as underwriting partner for CHIS
Arthur J Gallagher-owned OIM has replaced Hiscox as the underwriting partner for broker Care Home Insurance Services.
Perils revises loss estimate from windstorm Elon-Felix to €335m
Independent Zurich-based loss data provider Perils has disclosed its second loss estimate for windstorm Elon-Felix which affected Western and Northern Europe from 8 to 11 January 2015.
Rebuilding trust in Towergate a priority for Egan following restructure
Towergate must rebuild trust and confidence in the brand following the completion of the deal to secure its financial future, according to interim CEO Scott Egan.
Standard Syndicate vows to bring new marine business to Lloyd’s
Standard Syndicate (Syndicate 1884) has commenced underwriting at Lloyd’s with a range of specialist cover targeting shipowners.
Towergate's unsecured creditors complete takeover
Towergate's senior unsecured creditors have completed the acquisition of the majority stake in the consolidator.
Aviva welcomes Medco launch
Aviva has welcomed the launch of Medco, the government system that will randomly allocate medical experts to soft tissue bodily injury claims such as whiplash.
Reinsurers eye greater share of primary business as rate pressure continues
Global reinsurers are increasingly looking to shift their portfolios towards primary business in the face of continued rate pressure, according to an AM Best report.
Covéa boss fears CMA 'failure' on credit hire will increase costs in 2015
The Competition and Market Authority’s failure to take action on credit hire costs following its private motor report last year risks spurring claims inflation, according to Covéa Insurance CEO James Reader.
Fraud investigation firm VFM enters liquidation
Peterborough-based claims investigation firm VFM Services has gone into liquidation resulting in the redundancy of the firm's entire workforce, Post understands.
IGI targets untapped Middle East and African markets at it plots UK growth
International Insurance Group will eschew the saturated markets of Northern Europe and the United States as it looks to build its London operation, according to CEO Andreas Loucaides.
Pet insurance market forecast to reach £1.1bn by 2018
UK pet insurance premiums are forecast to reach £1.1bn by 2018 with market growth driven by rising vetinary fees, high claims costs and advances in vetinary treatment.
Quindell shares resume trading after miscalculation forces suspension
Business outsourcing provider Quindell was forced to suspend trading in its shares after the firm miscalculated the profits from its professional services division in a letter to shareholders regarding the unit’s sale to law firm Slater & Gordon.
CNA Hardy becomes underwriting partner for Dual's marine and energy business
Dual’s global marine and energy business has started underwriting supported by CNA Hardy’s Lloyd’s syndicate.
FCA expected to bare teeth as competition powers kick in
Firms could be on the receiving end of significant fines as the Financial Conduct Authority demonstrates its new competition powers, according to lawyers at Norton Rose Fulbright.
GI players under the microscope as FCA increases its focus on the sector
Insurers and brokers have been warned by market observers to be on their guard after the Financial Conduct Authority outlined a series of reviews designed to shake-up the general insurance sector.
Buying habits of millenials raise threat of conduct risk
Technology is increasingly distancing millennials from traditional purchase channels and sources of advice, research by consultancy Towers Watson has found.
Judge approves speedy July trial for Gallagher action
In a public hearing today at The Royal Courts of Justice Mr Justice Edis agreed to a speedy trial for the Gallagher action involving all three defendants in the window commencing 13 - 17 July.
Gallagher pursues action against Ross, Mugge and Keey
Arthur J Gallagher is taking legal action against former Gallagher International CEO David Ross.
Nicholls replaces Gladwell as Crawford UK & Ireland CEO
Clive Nicholls has been appointed as CEO of Crawford & Company UK & Ireland in a leadership reshuffle following its acquisition of GAB Robins.
AA posts 1% increase in revenue as it unveils refinancing plan
The AA posted a 1% increase in revenue to £983.5m for the year ended 31 January 2015, preliminary figures published today revealed.
ERS puts 380 staff on notice as it targets 90% COR
Specialist motor insurer ERS today put 380 staff on notice of redundancy ahead of the closure of its Brentwood office.
FCA mulls ban on opt-out selling of add-ons
The Financial Conduct Authority has sounded the death knell for the opt-out method of selling of add-ons, following its market study last year.