Commercial
PI broker launches commercial lines smartphone app
A professional indemnity insurance broker has launched a PI smartphone application that allows IT professionals to receive insurance quotes and buy cover.
FM Global appoints Rod Fisher senior VP for underwriting
Commercial property insurer FM Global has appointed Rod Fisher as senior vice president of underwriting and reinsurance.
Winter weather costs commercial property owners up to £225m a year
Cadogan Keelan Westall has revealed that Winter damage due to the severe UK weather is costing commercial property owners up to £225m a year, research has found.
Post Intelligence Benchmarking - Commercial insurers: Winners and losers
The annual Insurance 360 Business Insurers Insight Report service rankings show some steady, some on ladders - and some on snakes.
Paul Napier hires Cross for world push
Lloyd’s Broker Paul Napier has taken on Edward Cross as divisional director responsible for the development, distribution and marketing of commercial, professional and financial lines worldwide.
Post magazine – 29 December 2011/5 January 2012
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Stormy weather creates conditions for household rate rise
The recent winter storms in England and Scotland could lead to further rises in household premiums, according to PwC.
London head of sales departs Axa
According to Post’s sister publication, Insurance Age, Axa commercial lines’ head of sales for London, Jamie Lewis, has left the company.
Claims - Big freeze: Winter of discontent
The big freeze of late 2010 led to widespread criticism of adjusters and insurers — but have lessons been learnt for the future?
Unified response called for as metal theft cases see substantial increase
Insurers are demanding a unified fight for changes to scrap metal sales to cut a spate of thefts, thought by the police to be worth more than £800m — but insurers argue consequential costs could run much higher.
New Ellis Clowes MD hails business benefits of Formula One star NED
Karen Ellis has taken on the newly created chief executive officer role of specialist Lloyd’s insurance broker Ellis Clowes, 13 months after leading a management buyout of the business.
Loss adjuster hails insurer regional returns
MYI has claimed recent senior hires in Ireland and the UK are symptomatic of an industry-wide move back to strong regional offices.
Market moves: Insurers lead the way in recruitment
As the industry heads into 2012, insurers appear to be the most active in the recruitment space. Leading the way in Chaucer, with five new global hires, and Chubb, which brought in four new faces for the new year. Meanwhile, Tokio Marine added two staff…
Law report: ‘Impressionistic’ approach to costs
This law report has been contributed by national law firm Berrymans Lace Mawer.
Buckley Scott teams up with Middle East loss adjuster
Loss adjuster Buckley Scott has agreed a joint venture with Bahrain-based business Alan Henry.
£9m police fraud unit opens for business
The insurer-funded police fraud unit officially launched today.
JLT expands in Ireland with FBD purchase
JLT Insurance Brokers (Ireland) has expanded its presence in the country with the acquisition of FBD Insurance Brokers.
Survey finds concerns with supply chain insurance
Commercial insurance buyers generally want better insurance products to cover their supply chain risks, a survey by the Federation of European Risk Management Associations has found.
End of Year Quiz 2011: Faces from the past
It is that time of the year when the Post team give their desks a sort out and tidy.
Insurers call for "serious" government action on flood risk plan
The Association of British Insurers and its members have called on government to “seriously consider” subsidised flood insurance for policyholders in high risk areas, replacing the Statement of Principles, which expires in 2013.
Law commissions proposals will lead to premium rise, says ABI
The Association of British Insurers fears the law commission proposals on insurance contract law will lead to an increase in premiums.
Axa sells Denplan to focus on PMI
Axa has sold dental payment plan business Denplan to the Simply Health Group for £115m on a debt free cash free basis.
Brit restructure sees up-for-sale UK arm trimmed of Lloyd's business
Brit Insurance Holdings has confirmed that from the beginning of 2012, all of the group’s reinsurance and specialty business will be written by Lloyd’s Syndicate 2987 (managed by Brit Syndicates Limited).
Your say: Nothing left to fight for
Following the recent credit hire case of Darren Bent, and the alleged fraudulent activity of Autofocus, isn’t it time for all insurers to fully embrace the general terms of agreement protocol?