Articles by Francesca Nyman
Zurich hails successful appeal against £95k car hire bill
Zurich has welcomed a court of appeal ruling that the insurer should not have to pay £95 000 in car hire and storage charges because the claimant should have bought a replacement car at an earlier stage.
Masojada urges Lords to support Flood Re amendment
Hiscox chief executive officer Bronek Masojada has written to all members of the House of Lords urging them to support an amendment to the Flood Re scheme.
Ageas and Broker Network sign five-year deal
Independent broker organisation Broker Network has signed a five year strategic partnership deal with insurer Ageas.
Lack of flight data from MH370 could impact claims payouts
The disappearance of Malaysia Airlines flight MH370 should deliver a wake up call to insurers on the importance of external data collection, a specialist aviation barrister has said.
Seventeen arrested in credit hire crackdown
Seventeen people suspected of credit hire fraud were arrested in raids across England on Wednesday morning.
Budget 2014: pension shakeup to open the door for general insurance players
Insurers’ share prices plummet following Chancellor’s annuity vow.
Industry doubtful SRA minimum rating plan can boost solicitors’ PI market
Regulator finishes eight-week consultation on possible ‘B’ minimum.
Marsh's networks division handling over £225m GWP
Marsh’s UK network’s division saw over 25% growth year on year in 2012 and 2013 and is now handling over £225m gross written premium, delegates at the broker’s networks conference heard today.
Aviva sells Turkish GI business to PE consortium
Aviva has sold its Turkish general insurance business Aviva Sigorta A.Ş, to a private equity consortium led by EMF Capital Partners.
RSA launches £773m rights issue
RSA has launched a rights issue to raise £773m in proceeds - £748m net of expenses.
Thatcham urges government to back AEB scheme
Industry-funded research centre Thatcham is seeking government backing for a scheme to encourage motorists to buy cars with auto-emergency braking systems.
New data indicates Flight MH370 went down in Indian Ocean
New evidence has led officials investigating the disappearance of Malaysia Airlines flight MH370 to conclude that the plane crashed into the Indian ocean leaving no survivors.
Allianz position on missing plane policy clarified as lead reinsurer
Allianz is the lead reinsurer on the hull and liability cover for Malaysia Airlines, rather than the lead insurer as previously reported, according to market sources.
RSA prepares to launch £775m rights issue
RSA is set to launch a £775m rights issue this week according to reports.
TT Club builds UAE footprint
Freight transport insurer TT Club is expanding its presence in Dubai to support the club’s existing claims team in the United Arab Emirates.
Allianz launches risk surveyor apprenticeship scheme
Allianz Commercial has announced five apprentices for the new risk surveyor apprenticeship scheme which will support chosen candidates to become experts in their field.
Tim Ryan to lead Biba's networks and MGA advisory board
The British Insurance Brokers' Association has appointed Ryan Insurance Group managing director Tim Ryan to head its new networks and managing general agents' advisory board, Post’s sister title Insurance Age has revealed.
Aerospace players to receive IPT exemption
Aerospace insurers received a boost in Wednesday’s budget after Chancellor George Osborne said the government would exempt certain space risks from insurance premium tax.
AIG enhances personal accident & business travel cover
AIG launched an enhanced version of its Lifeline Plus group personal accident & business travel cover, which includes extended policy wording and a mobile app that provides travelers with direct access to assistance and advice at any time, wherever they…
Low end HNW homeowners hit with steepest premium increases
The lower end of the high net worth market was hit with the biggest percentage increases in 2013 according to private client broker Castleacre’s high net worth property index.
Frank Pickles goes live on The Broker Cloud
Frank Pickles has adopted The Broker Cloud’s software solution for motorhome and kit car.
Willis launches representative office in Myanmar
Broker Willis has opened a representative office in Myanmar following a “growing wave of interest” from clients.
Besso fine is 'stark reminder' of costs of non-compliance
The fine incurred today by Besso should serve as a cautionary tale for other brokers according to Anton Luck, partner at accountancy firm Moore Stephens