Commercial
Claims Club monthly missive: Holy motors it's David Mairs
It has certainly been an interesting week at Post Towers, with the industry's finest rowing over customer services and an stimulating encounter with AMG founder David Mairs.
Competition investigation outcome could 'mean policyholders lose out', says CHO boss
The Credit Hire Organisation has said that the Competition Commission investigation into the UK motor insurance market could seriously disadvantage policyholders' access to justice and force premiums to rise.
Lemma Insurance to be appointed with liquidator tomorrow
Gibraltar-based Lemma Insurance Company is expected to be appointed with a provisional liquidator tomorrow to wind up the business.
Direct Line Group IPO prospectus could be issued by Friday
Royal Bank of Scotland could sell shares in Direct Line Group at a valuation that is lower than analysts had predicted.
Insurers manage trillions of pounds in investments, ABI finds
UK insurers are now paying out nearly £200m every single day to customers, according to figures published by the Association of British Insurers.
Post Top 100 UK Insurers Supplement: AM Best commentary - Flooding the market
A deluge of weather-related claims, coupled with low investment returns, continue to dampen non-life insurer performance albeit one buoyed by premium increases.
Ageas confirms Winlow NED appointments
Ageas UK has confirmed that former KPMG partner Mark Winlow, pictured, has been appointed non-executive director on two of its boards.
Post Top 100 UK Insurers Supplement: Interview with Amanda Blanc
Amanda Blanc saw her move to Axa as a chance to test herself, and it is a mission she continues to revel in.
SMEs: A web of complexity
UK companies are quick to take advantage of technological advances to create new business opportunities, and the industry must get up to speed with the many and varied risks this brings.
SMEs: Home advantage
The Olympic experience showed that flexible working is a viable option for many, but companies need to weigh up the risks as well as the benefits.
View from the top: Opportunity continues to knock
Towergate is celebrating its 15th anniversary this month, leading Mark Hodges to think about how much the industry has changed in the firm's corporate lifetime.
Biba boss urges Financial Conduct Authority to regulate 'appropriately'
British Insurance Brokers' Association chief executive Eric Galbraith, pictured, has called for "more appropriate" regulation, and offered to "help point the gun" at problem areas to support the FCA's efforts to stamp out product mis-selling.
AJG deepens public sector play with Acumus buy
AJ Gallagher International has grown its UK public sector business to more than £150m gross written premium with the acquisition of Chelmsford-based housing specialist Acumus.
Insurance Strategy 2012: Brand is key to customer connection
The management of a core brand and ideology is a vital part of maintaining ties with customers, according to Chubb UK & Ireland commercial insurance manager Andy Francis.
Stackhouse to buy commercial broker
Insurance broker Stackhouse Poland has reached an agreement to acquire the business of LFC Insurance Brokers.
Post magazine - 27 September 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Groupama sale to Ageas unlikely to improve either group's rating prospects
The acquisition of Groupama Insurances by Ageas UK should "end uncertainty" among brokers over Groupama's financial strength and creditworthiness in the UK, but will have little impact on the 'negative' rating outlooks of either parent company, analysts…
Lloyd's backs IPO access for small companies
Lloyd's of London has welcomed lower barriers to entry to the London Stock Exchange for small companies.
Insurance Strategy 2012: Importance of brand to grow as economy picks up
The power of branding has been highlighted as a crucial tool for insurers in the struggle to compete n a volatile marketplace.
Carole Nash and Lumley Jacobs extend partnership to Ireland
Carole Nash and Lumley Jacobs will launch forensic coding systems in Ireland this October.
Home insurers to incur £10m flood bill
Panmure Gordon analyst Barrie Cornes has told Post that Aviva and RSA could see insurance losses of £10m to £15m from the latest round of UK flooding.
Lloyd's returns to profit with 'strongest' half-year result in five years
Lloyd's of London is back in the black after posting a profit of £1.53bn during the first half of 2012 compared with a loss of £697m in the same period last year.
CNA names vice president for Europe
CNA Insurance has appointed Monique van der Linden, pictured, as head of claims and vice president for Europe.
Fitch cuts Axa IFS outlook from stable to negative
Concerns about Axa's ability to improve profitability were cited for the move by Fitch Ratings to revise the outlook of the firm’s Insurer Financial Strength rating from stable to negative.