Commercial
Powerplace not a top five priority, admits Towergate CEO Hodges
Towergate chief Mark Hodges has declared that Powerplace is not even in the top five of his priorities at the insurance broker.
Davies and Charles Taylor still settling large riot cases
Charles Taylor Adjusting and Davies, appointed by the Metropolitan Police Authority to handle riot-related claims, have defended the time it is taking to settle the cases, stating the larger ones are complicated.
The British Insurance Awards: Is this your year to shine?
Are you consistently committed to meeting customer needs and delivering a high quality service across all your lines of business?
Energy: Overcapacity causing problems as market rates stagnate
It has been a tumultuous few years for the insurance industry, and not many sectors have been affected as much as energy.
Rating agencies: The rating game
Nations and businesses alike are growing critical of rating agencies, so is a downgrade as damaging as it used to be?
Personal injury firms feel pinch as pressure to consolidate intensifies
The sudden demise of Manchester-based personal injury law firm Donns, with ongoing cases sold on and all staff made redundant, has been hailed as a portent of market shake-up and consolidation, with other firms set to be swallowed up.
Axa starts with Blanc slate to help steer commercial business around
Brokers continue to experience a "lack of connectivity" with Axa Personal Lines, despite Commercial Lines getting a glowing report since Amanda Blanc joined to head up the business just over a year ago.
Omega international appeal soars following CNA £143m bid for Hardy
CNA acquiring Hardy could trigger a rush by international players to purchase Omega in a bid to access Lloyd's, analysts have predicted.
Market moves: Aviva shuffles its underwriting pack
Aviva was the major recruiter in the insurance industry this week, announcing a raft of changes to its underwriting team. The insurer promoted four staff to new positions while adding a further employee to the unit.
Claims Roundtable: How can insurers innovate to win the retention race?
In the toughest economic environment for years, companies have to prove they have a competitive edge when it comes to handling claims.
Environment: The importance of environmental impairment liability cover
With environmental legislation becoming ever more onerous and liabilities ever more costly, businesses are beginning to wake up to the importance of having environmental impairment liability cover.
Insurers gear up for Finance Bill detail in hope of simplified CFC process
This week's publication of the long-awaited Finance Bill could provide the catalyst for overseas investment, while also serving to safeguard the status quo of UK-headquartered insurance companies.
Non-standard risks: looking for an alternative
With a large number of insurers wary of taking on non-standard personal lines risks, specialists are carving their own niche.
Post magazine - 29 March 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Lumley Jacobs secures forensic coding deal with Tradewise
Non-risk and ancillary income specialist Lumley Jacobs has signed a deal with motor trade insurer Tradewise to supply forensic coding to the company’s motor trade and commercial vehicle business.
Barbon hires former Axa manager for CKW boss role
Barbon Insurance has appointed Tim Wilson to managing director of Cadogan Keelan Westall.
Riot report praises insurers for settling 90% of domestic claims, but slams police
The insurance industry's role in the 2011 riots has been largely praised by the Riots Victims and Communities Panel in its report After the Riots published today.
Shipping sector faces new risks 100 years on from Titanic disaster
To mark the centenary of the Titanic sinking, Allianz Global Corporate and Specialty has recorded what it views as the biggest risks to the shipping industry today.
Xchanging tackles credit control concerns
Xchanging is planning enhancements to its services for underwriters in response to increasing market concern over issues with credit control.
ISE 2012: Ageas says multi-channel distribution is essential for European insurers
Keynote speaker at Insurance Strategy Europe Bart De Smet, group chief executive officer at Ageas, told delegates how multi-channel distribution is essential for insurance in Europe and how his firm has restructured to reflect this.
Talanx 'thoroughly satisfied' after posting €1.2bn profit
German insurance giant Talanx was "thoroughly satisfied" after increasing operating profit 21% to €1.2bn for 2011, despite a turbulent year for the eurozone and high incidences of natural catastrophes.
Penny speed meets ... Malcolm Smith, commercial lines director, Groupama
Being an insatiable socialite, Penny Black is always eager to probe the personalities behind the professional veneer of her industry friends.
Cash deal and incumbent Hardy bosses swung CNA deal
CNA's decision to keep Hardy chief executive Barbara Merry and chief underwriting officer Patrick Gage along with the cash deal secured the deal.
Budget 2012: Red tape reductions expected to enhance SME growth
Zurich SME boss Richard Coleman has praised the Chancellor's budget announcement concerning a consultation on how small business with turnover of up to £77 000 pay tax.