Articles by Francesca Nyman
Axa and Lockon join forces to win Regis property deal
Axa is to provide insurance for property group Regis’ ground rent portfolio following a deal with Lockton.
Shipowners' Mutual posts 94.6% COR after strategic withdrawal
Marine mutual Shipowners Club posted a combined ratio of 94.6% for the 12 months to February 2015, amid high business retention levels and increased membership numbers.
Four seriously injured after Alton Towers rollercoaster crash
Four people have been seriously injured after a rollercoaster carriage carrying sixteen people crashed into a stationary carriage at the Alton Towers theme park in Staffordshire.
CII claims group calls for flood certificate prototype by 2016
The Chartered Insurance Institute new generation claims group has set a deadline of 2016 for the creation of a flood resilience certificate for household properties.
BP Marsh increases profit to £4.9m for 2014
Niche venture capital provider BP Marsh & Partners posted profit after tax of £4.9m for the year to 31 January 2015, its audited financial results showed.
Due diligence failings revealed by FCA’s delegated authority review
Many insurers and intermediaries are not adequately considering their regulatory obligations under delegated authority arrangements, according to the Financial Conduct Authority.
Marsh aims to quickly 'accelerate' SMEI growth following purchase
Marsh's latest acquisition is part of an "accelerate and grow strategy" and the broker will look to quickly scale up the SME Insurance Services business.
Ross 'authorised surveillance' on AJG employees
Former Arthur J Gallagher International CEO David Ross authorised surveillance of Gallagher employees during his time at the firm, according to AJG's defence to his counterclaim in the ongoing court proceedings.
Mid-market 'forgotten' in industry claims processes
A mismatch between the relatively low rates paid by SMEs and their complex insurance needs has been identified as a key driver for the high levels of claims dissatisfaction reported by smaller businesses.
Risk managers dispute reputation is an 'uninsurable risk' and urge innovation
Damage to a company’s reputation is insurable despite widespread preconceptions that it cannot be covered according to the risk mangers' trade body.
Companies must pay more for certainty says Airmic's Hurrell
Companies should be willing to pay a higher premium for contract certainty when it comes to business critical insurance products, according to Association of Insurance and Risk Managers' CEO John Hurrell.
Equinox Global appoints King as head of UK and Ireland
Lloyd's coverholder Equinox Global, which specialises in trade credit insurance, has appointed Nick King as head of UK and Ireland.
Hatton Garden raid loss unlikely to be known for some time
The true scale of the Hatton Garden jewellery raid is unlikely to be known "for some time", according to Cunningham Lindsey's high net worth specialist Simon Willsmer.
Social media marketing must be 'authentic', warns Facebook boss
Social media can be a valuable marketing tool for businesses but must be reflective of their identity to truly resonate with customers, according to Facebook’s UK head of financial services.
Claims portals show drop in new claims
All Ministry of Justice claims portals registered double digit reductions in the number of new claims submitted over the first three months of the year, after several months of consecutive increases.
Xchanging launches TPA adjusting service for London market
Outsourcing provider Xchanging has launched a new global third party administration adjusting service in the London market.
Barriers to entry for brokers still too low, claims Biba deputy chair
Barriers to entry for the insurance broking industry remain too low, according to British Insurance Brokers' Association deputy chairman and Una Alliance director Tim Ryan.
Changes at LV and Admiral fail to mask issue of succession planning
Succession planning and the promotion of internal talent remain key issues for the industry to address, according to analysts, who have played down the significance of recent leaderships announcements at Admiral and LV.
Keey denies diverting Towergate acquisition opportunity
Christopher Keey, a former independent consultant to Arthur J Gallagher, has denied involvement in diverting an opportunity to acquire Towergate away from Gallagher and also rejected being any part of an orchestrated team move to the broker.
Ex-Gallagher CFO Mugge claims he had no restrictive covenants
Former Arthur J Gallagher International chief financial officer Mark Mugge has denied that he was subject to any post-termination restrictive covenants with his ex-employer.
O’Roarke mulls non-exec role
LV general insurance managing director John O'Roarke is considering taking on a non-executive advisory position at the insurer when his current four-year deal comes to an end in 2016.
Carole Nash renews UMA with Ageas
Motorcycle broker Carole Nash has completed the early renewal of its underwriting management agreement with insurer Ageas.
Godwin and Ingrouille join IUA board
AIG property casualty's UK chief operating officer Geoff Godwin and Nigel Ingrouille, UK branch manager for Swiss Re International, have been appointed to the board of the International Underwriting Association.
Axa courts brokers with new e-trading structure
Axa commercial lines and personal intermediary has developed a new structure to deliver upon its 2020 broker e-trading strategy.