Commercial
Roundtable: How can fraud be halted at the underwriting stage?
There has long been a focus on fighting fraud at the claims stage, but could more be done to discourage would-be fraudsters at an earlier juncture?
View from the top: Call for creative collaboration
As priorities for business change, insurers must make sure they do not become irrelevant, says Andrew Horton.
Airmic backs disclosure proposal
The Law Commission's proposal to water down commercial policyholders’ duty of disclosure has won the backing of John Hurrell, chief executive of risk management body Airmic, who believes that potential law changes will lead to a shift in the underwriting…
Editor's comment: Anti-climaxes and last laughs
Based on the column inches of coverage generated by alternative business structures since their advent was announced, the revelation that a mere seven firms have secured such status in a full six months smacks of anticlimax.
Post magazine - 28 June 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Commercial Property: Too little, too late
Property underinsurance creates a real headache for insurers and their clients, often not discovered until a claim is made. So, where does the buck stop for accurate valuations?
Flotation deemed 'only option' for Direct Line Group divestment
Analysts have rubbished recent claims that Direct Line Group could be bought by a private equity house, stating that the insurer has to go ahead with the planned initial public offering to obtain the best price and appease UK taxpayers and the European…
Former Indie deputy MD Condon passes away
The former Independent Insurance deputy managing director Philip Condon, pictured right, passed away at the weekend aged 63.
Rural Insurance expands equine offering
Specialist agricultural insurer Rural Insurance has broadened its range of cover in the equine market in response to broker demand.
Law Commission publishes latest commercial consultation paper
The Law Commission has published its latest insurance contract law consultation paper today, ahead of plans to present final recommendations to parliament next year.
Disagreement sees "house guest" Charman axed as ex-Axis chairman Butt reinstated
Axis Capital has appointed board member and former chairman Michael Butt as non-executive chairman of the board of directors, succeeding founder and former chairman John Charman.
Hundreds of properties evacuated as country is hit by weekend flooding
Up to 500 Lancashire and West Yorkshire properties were evacuated this weekend after a month's worth of rain fell in just 24 hours.
Friel joins Axa Commercial
Former Insurance Age editor Martin Friel has joined Axa Commercial Lines as head of media strategy.
BMS appointment signals US MGA growth plan
BMS Group has appointed delegated authority underwriter Gene Hinman to establish a US managing general agent platform.
Allianz Worldwide Care launches geographically mobile healthcare plan
Allianz Worldwide Care has launched a corporate private medical insurance plan that allows policyholders to have elective treatment outside the UK.
Allianz makes string of new hires
Allianz has boosted its commercial and legal protection divisions with four new appointments.
Compare the Market makes insurance boss promotion
Compare the Market has promoted Simon McCulloch to director of insurance.
Mutual insurer Standard Club exposes Russian weapons consignment
The Standard Club has helped to uncover a ship reportedly carrying refurbished attack helicopters from Russia to Syria.
Market moves: New faces in the insurer space
The main movers and shakers this week were insurers, with a number of firms bringing in new faces, including HDI Gerling recruiting a new director, Axa Assistance naming a new deputy chief executive and Dual adding a manager for its new office in Austria.
Loss adjusting: A standards issue
Direct regulation of loss adjusters has been on the agenda for more than a decade but, with Europe ready to step in, is the industry prepared to be governed by forces on the continent?
Gallagher on the hunt for more big deals after transformational Heath buy
Arthur J Gallagher chief executive Pat Gallagher has confirmed his intention to follow up the company's acquisition of Heath Lambert with further transformational deals of similar magnitude.
Editor's comment: A return to fair play needed
As football fanatics finalise viewing details for the Euro 2012 knockout stages - pubs, pints and people to share the excitement with - it's fitting that the theme of this week's big insurance issues is fair play.
Interview: Pat Gallagher and the $5bn plan
Arthur J Gallagher chief executive Pat Gallagher shows no sign of easing up after the acquisition of Heath Lambert 13 months ago, with aggressive growth plans and an eye for further buys.
RSA legal action suspended as court rules in insurer's favour over motor costs
Zurich has confirmed that it has suspended legal action with RSA over the company's subrogated motor repair costs while it awaits the outcome of a possible appeal, after RSA won a High Court case against two other insurers.