Articles by Francesca Nyman
Aon granted trailblazer status for new insurance apprentice standard
Broker Aon has been awarded government Trailblazer standard for insurance apprentices.
Bridge Insurance Brokers launches bespoke programme for mine clearance firms
Bridge Insurance Brokers has launched a division to deliver bespoke insurance programmes to organisations involved in mine removal and post conflict security.
Allianz creates new role to forge closer ties between claims and retail division
Allianz has appointed Richard Nettleship to the newly created role of proposition and change relationship manager, in a bid to forge greater links between its claims team and its retail division.
Telematics M&As tipped to hit peak as Admiral mulls Insure the Box purchase
Rumoured deal follows those involving Wunelli and Ingenie in recent months.
Compre expands German footprint with HIR acquisition
Reinsurance legacy specialist Compre has completed the acquisition of Hamburger Internationale Rückversicherung from Tawa after obtaining approval from German regulator BaFin.
Quindell begins legal proceedings against Gotham in the US
Outsourcing company Quindell has confirmed that it has started legal proceedings against US short sellers Gotham City, as well as a blogger that repeated “defamatory” claims about the company.
SRA fails to gain approval for PI cover change ahead of renewals
A reduction in the limit for mandatory professional indemnity cover will not take place before the October renewals after the Legal Services Board issued a warning notice delaying its decision on the change by up to twelve months.
Paymentshield launches house buyer's protection product
Paymentshield has launched a new protection product, designed to mitigate the risk attached to buying a new home.
RAC’s private equity owner mulls September IPO
The RAC’s private equity owner Carlyle Group is considering a stock market float in the mould of rival roadside assistance firm the AA Group.
Arag to provide legal expenses cover for Insure the Box policyholders
Legal expenses insurer Arag has formed a partnership with telematics specialist Insure the Box that will see it provide legal cover for around 250 000 of the insurer’s policyholders.
First Central appoints Howard as first company COO
Motor insurer First Central has added to its UK senior management team with the appointment of Kevin Howard as the company’s first ever chief operating officer.
Endsleigh launches modular product to meet evolving student needs
Endsleigh has launched a new product designed to cater for the evolving needs of students as they transition from students to young professional.
Zenith hails improved efficiency after deploying SAS analytics tool
Markerstudy-owned Zenith Insurance has hailed its improved reporting and analytical capabilities following the deployment of technology from business analytics firm SAS.
Cypriot insurers still suffering following bank bail-outs
The Cypriot insurance market has failed to rebound following the financial crisis despite the bail-out of both of the country’s major banks, according to a report published by Axco Insurance Information Services.
Allianz recovers from weather dent as it hails 46th quarter of profitable growth
Allianz Insurance chief executive officer Jon Dye said the firm was ‘very close’ to where it hoped to be at the half-year stage, after it reported its 46th consecutive quarter of profitable growth.
Allianz H1 profits down £20m on weather losses
Allianz has notched dipping pre-tax profits for the first half of 2014 as it seeks to recover from severe weather losses in Q1.
Markel underwriting results hit by 'unfavourable' asbestos and environmental developments
Markel has reported H1 performance hit by $27.2m (£16.2m) of adverse development on asbestos and environmental exposures
RSA plays down redundancy speculation
RSA commercial managing director John Hancock downplayed suggestions of large scale job cuts at the insurer, despite news that it plans to cut 19% of its UK expense base.
SRA's minimum terms change in doubt after LSB delays approval decision
The Solicitors Regulation Authority’s plan to cut the mandatory professional indemnity limit for solicitors in time for the October renewal season looks in doubt after the Legal Services Board extended the time-frame for making a decision on the change.
Aviva posts UK COR of 94.3% for H1
Aviva's UK general insurance business recorded a 94.3% combined operating ratio in the first six months of 2014- its lowest in seven years- despite being hit by floods in the early part of the year.
RSA returns to profit in H1 amid falling premiums
RSA chief executive Stephen Hester claimed the firm's strategic action plan was “ahead of schedule” as the group saw a return to profit for the first half of 2014.
FCA issues social media warning as it launches promotions consultation
The Financial Conduct Authority has launched a consultation intended to clarify its approach to the supervision of financial promotions in social media.
Towergate restructuring costs climb to £15m for H1
Towergate’s group reorganisation programme cost the broker £15.1m in the six months to June 30, an increase on the £9.1m spent in the first half of 2013.
Bupa revenues up 7% in H1 despite 'low demand' for UK PMI
Bupa posted a 7% increase in revenues to £4.8bn in the first half of 2014 (16% at constant exchange rates), as it continued to integrate major acquisitions made in the previous year.