Articles by Lynn Rouse
Editor's comment: Unfinished business
Echoing the Monday tweet of Bollington's Paul Moors, it was a shame to witness the UK's insurer and broker trade bodies engaging in public dispute this week over research on restricted or rejected claims payments.
Editor's comment: Prioritising prevention
There are occasions when expert commentators would prefer their long-term predictions to never come true.
Smith goes global in new COO role as Watson steps up to Ageas UK CEO
Barry Smith's promotion to the newly created role of group chief operating officer at Ageas will see him tasked with delivering the insurer's 2015 strategic vision on a global level, including its ambitions for emerging markets in Europe and Asia where…
Editor's comment: The damage of Dispatches
Insurers have again proved an easy target, this time for investigative reporters out to prove that companies seek only to cash in on their customers' collisions at the expense of policyholder cost in the form of inflated premiums and their safety.
Editor's comment: End of the world as we know it?
As 2012 draws to a close, the latest confident prediction from the doomsayers is upon us: the world will apparently end on 21 December 2012, marking the terminus of a 5125-year cycle in the ancient Mayan calendar, which abruptly ceases on that date.
Website review: Echoice
RSA car insurance site is among the poorest-performing across the board.
Editor's comment: Grading the government
With the UK economy still struggling to recover from one of the deepest recessions in generations, expectations were rising fast as Post went to press on Tuesday that a somewhat dejected George Osborne would be addressing the nation come Wednesday…
Editor's comment: Making a stand at last
The Association of British Insurers finally decided this week to reveal the detail of exactly what it is asking government to commit to that will secure affordable flood insurance for 200 000 homes currently facing exorbitant or zero cover come next July.
Up to 900 roles at risk under £100m DLG cost-saving bid
Up to 900 roles are at risk at the Direct Line Group, with a full site closure of its Teeside office being proposed, Post understands, as it today reveals the scale of redundancies necessary to achieve its £100m cost savings target.
Towergate posts 5% rise in operating earnings on H1 loss of £25m, as Network division suffers
Towergate Insurance has reported operating earnings of £80.6m (HI 2011: £76.7m) for the first half of the year to 30 June 2012, with a loss before tax narrowing slightly on the same period last year to £25.5m (£25.1m), as its four divisions revealed…
Towergate confirms London Markets roles at risk
Towergate has confirmed this morning that employees in its London Markets business are subject to a period of consultation, which could result in redundancy.
Two-year wait ends as PI discount rate consultation launched
The Ministry of Justice has called on stakeholders to respond to the long-awaited discount rate consultation, which it finally launched yesterday.
Rehabilitation First Awards 2012 – shortlist announced
Post is delighted to unveil the shortlist of excellent entries going through to the final round of judging for this year's Rehabilitation First Awards 2012.
Market moves: Insurance takes the initiative
Last week saw the recruitment initiative wrestled back from the broking sector, with the majority of hires coming from within the insurer space. Headline appointments in that sphere came thick and fast in the form of a changing of the guard at Catlin…
News Review
A review of news stories that broke this week
Online this week - top ten stories
The top 10 stories from www.postonline.co.uk
The truth about telematics?
It is no secret that even those with the most tenuous link to the UK motor insurance market are obsessed with telematics – and the panacea it promises to all. You only have to flick through the pages of this week’s Post to back that up.
Rehabilitation First Awards 2012: Countdown has begun
With only two weeks to go before the entry deadline for the 2012 Rehabilitation First Awards draws to a close, now is the ideal opportunity to demonstrate how your efforts in this field are driving the industry forward as it continues to develop and…
Labour backs calls for competition probe into UK motor
Maria Eagle MP, Labour's shadow transport secretary, has thrown her weight behind earlier calls for a fully fledged investigation into the "spiralling" cost of UK private motor insurance.
Giles hails "peer-beating" 15% rise in 2011 operating earnings as IPO is rejected
Giles CEO Brendan McManus has categorically ruled out an initial public offering as the consolidator today reported a 15% increase in EBITDA to £24m (2010: £21m) on turnover of £81m (2010: £70m) for the full year to 31 August 2011.
Hubbard returns to front line as Posner stands down
Former Axa UK chief executive Peter Hubbard has stepped up to the role of executive chairman at Leeds-headquartered MGA UK General Group after Howard Posner decided not to continue.
Aviva set to reap rewards of AJG swoop for IDL
Arthur J Gallagher International has today snapped up niche over-50s personal lines specialist Insure 4 Retirement from previous owner Equity. The deal boosts the premium per year being put through subsidiary OIM Underwriting by well over £100m in a…
Chartis underscores £50m investment as UK profit drops 89% to £11m
Nicolas Aubert, UK managing director for Chartis Europe, has stressed the business is “well on the way to break even”, as the UK today revealed an underwriting loss of £51.7m (2010: £65.3m) and combined ratio of 103.6% (2010: 104.2%) for the year ending…
DWF and Buller Jeffries set for May merger
DWF and Buller Jeffries have today become the latest in a line of insurance specialist law firms to announce their merger. The firms revealed that they will join forces on 1 May 2012, when Buller Jeffries will be formally incorporated into DWF.