Broker
Spotlight On Technology: The age of uncertainty
With conventional wisdom being challenged in recent years, clarity over what models can and cannot do is urgently needed.
Your say: The challenge for LEIs
The sustainability of the traditional legal expenses model with its in-house legal operations is back on the agenda as some of the larger players in the sector implement rate rises.
View from the Top: Waiting for the next bus?
Core skills and expertise lead to success not waiting, says David Smith.
Spotlight On Technology: The developing world
With technological developments gathering pace, how will insurers cope with the influx of new gadgets and remain innovative?
Claims Club News: RSA looks to improve retention levels among ‘Generation Y’
RSA has increased investment in motor e-claims to improve retention levels among Generation Y customers.
Claims Club News: 92% of underwriting fraud matches go undetected
The Insurance Fraud Register reveals that current industry controls fail to uncover the vast majority of underwriting fraud matches.
RSA leads charge as Northern Ireland sheds no-go image among insurers
RSA last week pledged to invest £5m in Northern Ireland, intent on becoming the country's leading insurer, but local analysts are divided as to whether this will prompt a flurry of interest in the market or whether its small size will continue to…
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.