Articles by Francesca Nyman
Oasis project director says framework will cut costs and increase transparency
Loss-modelling platform includes models for flood, earthquake and tsunami.
Minister defends Gibraltar against ‘unfair advantage’ perceptions
Gibraltarian minister talks up non-motor insurance expansion.
Brazil and Russia face increasing terrorism risk
Aon’s 2014 Terrorism and Political Violence Map has highlighted increasing risk in Brazil and Russia as the countries prepare to stage major sporting events in the form of the FIFA World Cup and the Winter Olympics.
Beazley and Hiscox launch D&O consortium
Lloyd’s players Beazley and Hiscox have joined forces on a new D&O facility for brokers and clients.
XL launches operational risks team
XL Group has established an operational risks team to provide operational risk cover to financial institutions clients.
Comprehensive motor policy falls by 9% says ABI
The cost of the average private comprehensive motor insurance policy fell by 9% during 2013 compared to 2012, according to the ABI’s new quarterly average private comprehensive motor insurance premium tracker, launched today.
Brightside raises capital to avoid convenant breach
Broker Brightside Group has successfully raised £6,844,110 by the placing of 45,627,400 new ordinary shares of 1 pence each at the placing price of 15 pence per share.
SMEs told to wake up to cyber threat amid concerns over low cover uptake
Government planning to endorse common standard for cyber security by March.
SRA publishes names of 136 solicitors forced to close
The Solicitors Regulation Authority has named the 136 firms that failed to secure professional indemnity cover by the 1 October deadline and did not obtain cover during the extended policy period.
Cunningham Lindsey appointed on Yorkshire plant fire
Firefighters in North Yorkshire are tackling a blaze at a recycling plant near Sherburn in Elmet.
LV's Venus promoted to head of broker services
LV Broker has made two new appointments to supports its planned growth in 2014.
Willis UK restructure not aimed at 'cost cutting'
The restructuring of Wills Group’s UK operations is designed to fuel growth and is “not an exercise in cost cutting” according to UK retail head David Martin.
Cunningham Lindsey hails training after 55% increase in CILA passes
Seventy-three members of Cunningham Lindsey’s claims handling staff gained their CILA qualifications in 2013, over 55% more than the previous year.
UK car insurance premiums fall by 12.5%
Rate reductions in the fourth quarter contributed to average annual savings on a comprehensive motor policy of £92 but selective price increases are beginning to appear, the most recent Confused index has shown.
Elite launches in-house anti- fraud team
Elite Insurance has launched a new in-house fraud prevention department in a bit to combat rising insurance premiums for honest policyholders.
Car dealers took €16.3m from insurance services in 2012
Europe's car dealers sold policies worth an estimated €16.3bn in 2012 across six major insurance, warranty and assistance types plus niche insurance products available in some countries, according to research by Finaccord.
Companies urged to take strategic approach to cyber risk
Cyber-attacks and government surveillance are eroding trust in the internet as a place for communication and commerce, according to Zurich’s chief risk officer Axel Lehmann.
ABI downplays Flood Re delays
The ABI has played down suggestions that Flood Re will miss its summer 2015 deadline, claiming it is making “good progress” with preparations for the scheme.
Generali backs Italian stem cell trial
Italian insurer Generali and research organisation Associazione Revert Onlus have begun a three-year partnership to support cell therapy clinical trial on Amyotrophic Lateral Sclerosis.
Flood Re could miss 2015 start date
Delays to the Flood Re programme mean the long-awaited scheme may struggle to meet its summer 2015 launch date, according to reports.
Risk managers complacent on cyber and terrorism risks
Risk managers may be seriously underrating major threats facing their businesses according to an Aon survey of captive directors.
Pioneer launches Lloyd's Sub-Syndicate 1980
Pioneer Underwriters has launched its Lloyd’s Sub Syndicate 1980 in conjunction with Liberty Syndicate 4472.
Mesothelioma Bill’s 75% compensation cap outcome is ‘extremely fair’
Bill edges closer to royal assent as claimant bodies vow to continue to fight limit.
Airmic selects BLM as a preferred service provider
The UK association for risk and insurance management professionals has appointed law firm Berrymans Lace Mawer as a preferred service provider.