Commercial
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.
Budget 2012: ABI director general welcomes corporation tax cuts
The director general of the Association of British Insurers has "strongly welcomed" Chancellor George Osborne's promise to create a more competitive corporate tax regime in Britain by cutting corporation tax to 24%.
Imperial Consultants announces double flooring appointment
Imperial Consultants has today announced the appointment of Suzanne Armstrong, who will join the firm as strategy manager with a view to heading up the independent flooring validation offering.
Ace hires three international managers
Ace has made three new leadership appointments in its sales and distribution team as part of a strategy to strengthen local relationships with customers and brokers.
Reports name ex-Aviva director Biggs as possible Direct Line chairman
Former Aviva director Mike Biggs has been offered the coveted role of Direct Line Group chairman by bosses at RBS, according to reports this morning.
Oval boss Blanc dismisses Gallagher bid speculation
Incoming Oval chief executive Peter Blanc has poured cold water on rumours that his firm would be receptive to a possible buy-out approach from Gallagher Heath.
Build Assure launches latent defects product
Federation of Master Builders subsidiary Build Assure has today launched a new insurance product which protects its members and general developers against loss arising from latent defects in new build properties.
Bangladesh regulator to set rate for commissions
The Bangladesh Insurance Development and Regulatory Authority is to revive commission for general insurance business against premiums.
Kiln strengthens aviation division with appointment
Kiln has appointed Paul MacMillan to active underwriter of its aviation division.
Insurance Insight – top 10 stories
The 10 most read stories from www.insuranceinsight.eu over the past seven days.
Iranian oil: sovereign cover requested by Indian shipowners
One of India's largest shipping companies, SCI, has requested sovereign guarantee from the government to domestic shipliners for transport of crude oil from Iran.
Cunningham Lindsey staff told investors seeking buyer for loss adjuster
Global claims management group Cunningham Lindsey has told staff that its investors are looking to find a new owner for the business, Postonline understands.
View from the top - Social Media: A tale of the unpredictable and of the inevitable
Recent years have witnessed the most drastic change in human behaviour, both in terms of fine tuning our knowledge towards what and who is really of interest to us, and in the way individuals interact with each other.
Croatian Insurance Market - Latest market trends
Challenging economic conditions saw most lines in the Croation insurance sector suffer. Hvroje Paukovic provides an overview of the market.