Broker
Telematics will be compulsory within a decade, claims MDS boss
It could be impossible to get motor insurance without some sort of telematics device within 10 years, according to one provider.
Interview: Be Wiser chairman Mark Bower-Dyke - a convert to the cause
After joining the insurance industry for the money, Be Wiser chairman Mark Bower-Dyke shares his frustrations of short-termism and the lack of training, and explains why telematics is not the answer to the ills of the motor market.
Support for Direct Line Group's debt issuance plan 'delights' bosses
Direct Line Group bosses have expressed their "delight" after more than 40 financial institutions declared their support for the firm’s £500m planned subordinated debt issuance.
Transport Select Committee seeks to clear up transparency
The Transport Select Committee's reports on motor insurance have proved contentious, with calls for transparency not resonating with insurers. Will the 13th report clear things up?
Editor's comment: Setting course on uncertain seas
This week two of the UK's insurance powerhouses made announcements that, although very different in their nature, aimed to position the respective firms for the future.
Zurich scraps 393 jobs moving PL to Endsleigh
Zurich will axe more than 300 jobs by 2014 in a bid to transform its personal lines business.
Ace CEO marks 'strong start' following big profit rise
Ace boss Evan Greenburg has heralded his firm's "strong start to the year" after the Bermuda-based insurer posted first-quarter results showing a net income jump from $250m (£155m) to $973m (£604m).
Bankrupt broker boss faces jail
The owner of a liquidated insurance company sold "worthless" cover to customers and failed to pay Templeton Insurance £2.3m for underwriting its policies.
Post magazine - 26 April 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Axa linked to major capacity deal with Gallagher's OIM
Axa is reported to be close to signing a major capacity deal with A J Gallagher-owned managing general agent OIM.
Cooper Gay private equity deal 'not concrete'
Cooper Gay Swett & Crawford has confirmed that the broking group's chief executive, Toby Esser, is in talks with potential private equity investors, although no deals have been struck yet.
Home-emergency cover complaints soar as FOS talks of problems elsewhere
The Financial Ombudsman Service received 1099 new complaints about home-emergency cover, relating to broken boilers, burst pipes and other domestic crises, in the last three months of 2011.
Premiums for young female drivers rise as UK average drops
Car insurance premiums for female drivers aged between 17 and 22 rose by 4.8% over the first quarter, bucking a national trend which has seen a drop in the average price quoted for comprehensive car insurance policies.
RSA boss Nightingale to take up reins as DLG network director
The Direct Line Group has named former RSA boss Paul Nightingale as director of network, fulfilment and supply chain, claims, starting in July.
CHO boss champions General Terms of Agreement at OFT meeting
Credit Hire Organisation director general Martin Andrews has welcomed the opportunity to explain the advantages of the Association of British Insurers' General Terms of Agreement after meeting with Office of Fair Trading officials today.
Aon's political risk and terrorism map warns 37 countries are more dangerous
Aon Risk Solutions has downgraded 37 countries including the UK in its 2012 Terrorism & Political Violence Map, largely due to civil unrest.
Aon downgrades 37 countries for terrorism and political violence
Companies must consider threats to business continuity due to civil unrest, said Aon Risk Solutions, as it downgraded 37 countries in its annual Terrorism & Political Violence map.
Litigation in Continental Europe may affect European insurers
Attempts to adapt local legislation to European Union and international law are creating a challenging environment for insurers operating in the region, according to Guy Carpenter.
One Answer Network signals commercial growth with IT poach from Powerplace
One Answer Network is to expand its commercial offering with the appointment of Carl Chapman, pictured, to the newly created position of commercial development and training manager.
Dual appoints Zurich Australia CEO Shane Doyle
The Dual Group has appointed former Zurich Australia chief executive Shane Doyle as deputy CEO, as the underwriting firm looks to expand its geographic reach.
Towergate picks up three more brokers
Towergate Insurance has acquired Gill Knott Insurance, Lloyd Manley Associates and the general insurance arm of Airevalley Insurance Services.
Online Exclusive: Tonks talks PI
Incoming Association of Personal Injury Lawyers president Karl Tonks speaks to Amy Ellis about his year in charge.
Victims sue cab rapist's insurer
Eight victims of cab rapist John Worboys are due to take his motor insurer to the High Court today.
Giles confirms Lyons departure
Giles Insurance Brokers has confirmed that Sarah Lyons has left the company where she was group managing director for more than two years.