Commercial
Axa admits to Ted Baker policy wording 'ambiguity'
Axa has admitted that there was "some ambiguity" in the wording of clothing retailer Ted Baker's commercial combined policy, despite rejecting the company's claim for theft by an employee.
GAB Robins claims director joins Crawford
Former GAB Robins director Paul Bowyer has joined Crawford & Company as general property claims director.
Olympics 2012: Team GB faces £300 000 insurance bill for basketball star
The cost of insuring Luol Deng to play basketball for Great Britain in this summer's Olympics could exceed £300 000.
Lloyd's braces for euro collapse
Lloyd's of London is readying itself for the collapse of the euro and has already reduced its exposure "as much as possible".
Insurers' PANIU recovers £10m but construction site theft rise signals new crime wave
The insurer-funded Plant and Agricultural National Intelligence Unit has in total recovered 411 items of plant worth £9.5m in total but highlighted growing theft of quad bikes and construction site robberies.
Allianz Commercial relaunches broker service
Allianz has relaunched its online risk management service Risk Director.
Ex Zurich CFO joins Deloitte GI actuarial division
Business advisory firm Deloitte has appointed Alex Poracchia as a new partner in the general insurance actuarial team.
Aviva Ireland agrees branch network sale with One Direct
Aviva Ireland is to sell part of its branch network business to general insurance provider, One Direct after three months of evaluations.
Willis appoints new CEO for Norway
Willis Group has appointed Nils Arne Fagerli CEO of Willis Norway AS, effective immediately.
Free webinar: The property and casualty market in south east Asia
Post and Insurance Insight in conjunction with the Chartered Insurance Institute recently held a free webinar on the property and casualty insurance markets in south east Asia.
Communicating Change: Preparing to be purchased
Groupama UK and its broker subsidiaries were put up for sale in January. How has its management communicated the process to ensure that positive commercial momentum is maintained?
View from the top: Providing a hassle-free service
Brokers and insurers that can't keep pace with the expectations uplift will lose business, says David Greaves.
Household to become 'new motor' as insurers warn of price hikes to come
Insurers have issued a stark warning that home insurance could become the 'new motor', with years of unprofitability followed by unpopular price hikes, prompting a government and consumer backlash.
BCIS launches Risk Check
The Building Cost Information Service has launched Risk Check, an online tool to instantly check the sum insured of a commercial building.
Opening the Takaful market
Initial forays into the Takaful market in the UK have so far met with failure. Despite this, there is still a conviction that a relevant Takaful market exists.
Treasury puts forward pool proposal to replace Statement of Principles
The Treasury has suggested that a limited flood pool could be funded without new money, according to Anne McIntosh MP, chair of the Environment, Food & Rural Affairs select committee.
Combined profit of 'going concern' Provident and sister MMA reaches £4.5m
MMA and Provident's final sets of individual annual results published before their anticipated merger reveals a combined pre-tax profit of £4.53m for the year ending 31 December 2011.
Editor's comment: Slow demise or new dawn?
Six years ago, the Lloyd's Motor Underwriters Association was subsumed into the overall Lloyd's Market Association – a clear signal that a once powerful force in the car insurance arena had accepted its heyday was long behind it.
Canopius shakes up UK property facilities underwriting team
Lloyd’s insurer has revamped its UK property facilities underwriting division with a string of new hires.
World Cup and Olympic fever fuels Brazil's general insurance growth
The 2014 FIFA World Cup and 2016 Olympic Games are proving to be catalysts for the growth prospects of Brazil's general insurance sector.
Crawford to cull staff and six managers in three divisions
Crawford & Company could make up to six managers in its home, commercial and client teams redundant and axe a number of employees - less than a year since it cut 50 jobs.
Ex-Oval sales director joins Aon
Oval's former general insurance sales director, Matthew Alcott, has joined Aon Risk Solutions as sales and marketing director for its UK business.
British Insurance Awards 2012 finalists to be revealed
The wait is almost over. Tomorrow Postonline will be the first place to discover the shortlist for the 2012 British insurance Awards.
Law firm calls for tighter laws on metal theft
A City law firm has called on the government to resurrect the Metal Theft (Prevention) Bill and tackle the scrap dealers head-on.