Articles by Francesca Nyman
Conservative peer awarded top EC finance brief
Conservative peer Jonathan Hill, a former PR man and education minister, has been appointed as the new European commissioner for financial stability and regulation.
Three quarters of professionals undervalue property and possessions
Three-quarters of professionals risk losing thousands of pounds when making claims on their home insurance policy because they have underestimated the value of their property and possessions, according to research by financial advisory service Wesleyan.
Bluefin hires ex Giles golf specialist as NI head of sport
Bluefin Insurance has appointed Alyn Spratt as head of sport for Northern Ireland.
RSA affinity director promoted to broker director for UK personal lines
RSA has appointed Tim Wright as director of broker for its UK personal lines business with effect from 1 October 2014.
PWC swoops for KPMG tax specialist
PWC has hired tax specialist Daniel Dzenkowski from rival consultancy firm KPMG.
DAS' Weekes promoted to UK broker sales manager
Legal expenses insurer, DAS, has promoted Darren Weekes, its broker sales manager for the southern region to the newly created position of UK broker sales manager.
Swedish flood claims more than double in 2014
Sweden’s insurers face a heavy hit from natural catastrophe claims, as the number of flood damage claims lodged reaches more than double the previous year’s total.
Lloyd’s market’s ‘A’ IFS rating affirmed
The Lloyd's market has had its ‘A’ financial strength rating and ‘A+’ issuer credit rating affirmed by AM Best.
Insurers to feel due diligence strain if trade sanctions against Russia broaden
EU’s new list of sanctions is on hold while Russia and Ukraine ceasefire is in place
Unrated insurers set for reduced share of solictors’ PI market as renewals loom
Law firms becoming ‘increasingly aware of unrated security issues’
City lawyer targets SMEs as he launches 'first' dedicated IP broker
City-based intellectual property lawyer David Bloom has launched what claims to be the UK’s first dedicated intellectual property insurance broker.
Market Moves - 11 September 2014
All the latest job moves in the insurance market.
XL adds fine art and specie to suite of Shariah compliant products
XL Group has extended its support for Shariah compliant managing general agency, Cobalt Underwriting, by adding fine art & specie coverage to its suite of products. The insurer already provides cover for property, construction and financial lines.
Wunelli looks to tackle 'reactive' FNOL process with new management tool
Wunelli has created a new process to manage crash notification alerts which it claims will turn the tables on “the reactive nature of the first notification of loss process" in private motor.
Chancery PII plans ‘steady and stable growth' in solicitors' PI
Chancery PII has gained valuable experience from its first year in the solicitors' professional indemnity market and wants to make rated capacity available to a wider range of firms, according to director Tim Norman.
Reserve releases aid insurers in posting first profit since 2006
The UK property and casualty sector is set to post a profit for the first time since 2006, with the average combined operating ratio expected to be around 96.5% for 2013, according to Moody’s.
Paymentshield hires former Co-op commercial director
Towergate has appointed Lee Mooney to the new role of product, marketing and proposition director for Paymentshield.
Arsonist jailed following fraudulent £2m Allianz claim
Business owner Justin Hindry has been jailed for six years after he burnt down his showroom in a bid to fraudulently claim more than £2m from Allianz Insurance.
Octo MD hails Insure the Box partnership extension
Octo Telematics hopes to capitalise on the broadening pool of telematics users, following the extension of its partnership with Insure the Box, according to managing director Martin Williams.
DWF 'to double' London headcount following Walkie Talkie move
Insurance law firm DWF has moved into the “Walkie Talkie” building at 20 Fenchurch Street amid plans to broaden its City capability.
UK insurers risk losing customers because of poor mobile interfaces
Only 53% of UK insurer websites are deemed to present a positive experience on smartphone, according to research conducted by Google, Nielsen and GfK.
RFIB unveils 'strategic review' to capitalise on Lloyd's developments
RFIB chief executive Jonathan Turnball hailed “a transformational period” for the broker after it posted an increase in revenue to £41.4m for the 2013 financial year, up slightly from £41.1m for the previous twelve months.
Industry warns over negative impact of independent Scotland
EU membership and regulation among major concerns
County Insurance buys Clement Gallagher & Co
County Insurance has purchased the goodwill of Merseyside-based broker Clement Gallagher & Co.