Articles by Francesca Nyman
Flood Re appoints former Canopius head of capital
Gary McInally has been appointed as chief actuary for government-backed flood scheme Flood Re.
Diverse recruitment required if London is to secure global cyber dominance
Greater cross-industry collaboration and a significant recruitment drive are needed if London is to fulfil its ambition to become a global cyber insurance hub, according to London market firms.
Hester receives £939,000 bonus despite 2014 target miss
RSA CEO Stephen Hester was paid £2.1m in 2014, according to the firm’s annual report.
Allianz and Irwin Mitchell launch ATE product for negligence claims
Allianz has launched an after-the-event insurance product in partnership with law firm Irwin Mitchell to facilitate professional negligence claims against solicitors.
Government reveals plan to make London cyber capital
The UK government today (23 March) unveiled plans to make the London market the cyber risk management capital of the world in a report released in conjunction with broker Marsh.
PPO damages ruled out by judge on RSA split liability case
A High Court judge has ruled that a periodic payment order is not be an appropriate form of damages where there is a significant liability split.
Development blamed for high disaster losses
Preliminary results of a catastrophe modelling study presented at the Third UN World Conference on Disaster Risk Reduction showed little prospect of reducing economic losses from present levels of $240bn (£163bn) per year.
Allianz launches PI product for e-trading platform
Allianz has launched a new e-traded professional indemnity product for the UK broker market.
Improved training not the only answer, claim motorcycle insurance firms
Enhanced basic training for motorcyclists is a step in the right direction, but other changes are needed to reduce the rising number of riders killed and seriously injured in Great Britain, according to specialist motor players.
Palatine completes £14m MBO of Towergate Financial Planning and John Charcol
Palatine Private Equity has completed the management buy-out of Towergate Financial Planning and mortgage broking business John Charcol.
Rate hikes touted as product recall review points to increased insurer exposure
A review into the way companies handle product recall could trigger premium inflation and compound administrative burden as insurers' exposure to recall costs increases significantly, legal experts have warned.
Swinton appoints Rob Harding as chief financial officer
Swinton has appointed Rob Harding as its chief financial officer following the resignation of Chris Plumer, pending regulatory approval.
R&Q MGA CEO exits following Marine Services sale
Nicholas Hales has today (13 March) stepped down as CEO of R&Q MGA Limited following the sale of R&Q Marine Services to Hiscox.
RSA receives approval to launch ABS
RSA has become the third insurer to link up with law firm Parabis Group to launch an alternative business structure.
Aviva's online brands to accept Pay Pal
Aviva-owned online car insurance providers Quote Me Happy and General Accident have become the first major UK insurers to accept payments by Pay Pal.
Graham to rejoin Airmic in technical director role
Former Airmic chair and president of the Federation of European Risk Management Associations Julia Graham will be joining the association as technical director from 1 May.
Former Watchdog presenter to head recall review
Broadcaster and consumer campaigner Lynn Faulds Wood will lead a review of the UK’s system for the recall of unsafe products, Consumer Affairs Minister Jo Swinson announced today.
Arc Legal supports launch of non-standard home broker
Arc Legal Assistance is to provide legal expenses insurance for Intelligent Insurance, a new direct to consumer home insurance broker for both standard and non-standard risks.
Full year 2014 result likely to reflect profit warning says R&Q
Investor service provider and underwriting manager Randall & Quilter Investment Holdings has updated its trading forecast for the year ended 31 December 2014 ahead of the announcement of its final results.
LV's O'Roarke targets motor reduction to 50% of portfolio
LV is aiming to “reduce its dependence on private motor” with much more of is business concentrated on the home and SME space, according to general insurance managing director John O’Roarke.
LV posts 'best ever' GI COR despite shrinking motor book
British insurer LV posted a 14% increase in operating profit to £92m (2013: £81m) for the 2014 financial year.
Staff buy-in major obstacle to business transformation, says Aviva boss
Winning over staff is one of the major obstacles when implementing a change programme, according to Jayne Sayer, head of IT and change at Aviva.
Whistleblowing measures should be welcomed by insurers, says CII
Proposals to make it mandatory for all regulated firms to establish whistleblowing policies should be welcomed by the insurance industry, according to David Thomson, director of policy and public affairs at the Chartered Insurance Institute.
UK could be 'leader' in drone technology with right regulation says Lords committee
The UK could become a global leader in drone technology, but regulation is needed to ensure public concern about the safety of unmanned systems does not set the industry back.