Commercial
Hodges reunites with former Aviva colleague Egan as Patrick quits Towergate
Towergate Insurance has appointed Scott Egan as group finance director.
Insurance 360 Research: Business Insurers Insight Report 2012
With commercial pressures and tough business conditions putting the squeeze on insurance companies, the importance of the brand and customer service levels has never been more vital. The British Insurers Insight Report 2012 details the front-line service…
Specialist carriers come top in broker satisfaction survey
"Old guard will have to adapt": Peter Joy
Groupama commercial underwriters relocate to UK regions
Groupama has expanded its commercial team and moved key underwriters to different UK regions.
Interview - Bobby Gracey & Dr James Lygate: The future of forensics
Despite an abrupt and fractious first meeting many years ago, Bobby Gracey and Dr James Lygate are now business partners. The duo explain their plans for growth and diversification at IFIC.
Towergate continues to streamline insurer panels with Allianz and Brit deal
Allianz Insurance is poised to reap more than £40m of SME business in the next three years after regaining the lead position on the Towergate Commercial Underwriting panel.
Editor's comment: Slim pickings at Groupama
It didn’t take long for some insurers to begin sharpening their knives and forks, and start planning how they can prey on the perceived wounded animal that is Groupama UK.
Directors' and officers': Under the spotlight
With boardrooms coming under increasing scrutiny, the potential for expansion in the D&O market is being recognised by savvy insurers, especially in the SME space.
Riot claims: Disorderly conduct
The fallout from last summer’s riot continues to rumble on, with consequential loss claims against the police relying on principles that can be traced back to the age of Robin Hood.
Broker focus - Personal lines: Survival tactics
Embattled personal lines brokers are facing a tough climate with falling incomes and business volumes, but those willing to adapt to the new environment can survive and prosper.
Post magazine – 2 February 2012
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Ace boss Greenberg sees "firming rates" in Q4 as 2011 profit falls 49% to $1.59bn
Ace Insurance has reported 49% change in its year end profit having reported net income of $1.59bn (2010: $3.11bn) in 2011.
NIG launches property owners product
NIG has introduced a new product for commercial property owners after identifying a gap in the market.
Ironshore enters Asian market with Singapore hub
Bermuda-based property and casualty specialist, Ironshore, is opening an office in Singapore to provide commercial products for the Asian marketplace.
Commercial insurers to benefit from 'negative declarations' judgment
The position of commercial insurers defending claims has been strengthened after the Court of Appeal confirmed the power of arbitrators to make ‘negative declarations’.
Arc Legal teams up with Swinton Commercial
Arc Legal Assistance has secured a deal to provide commercial legal expenses and an extended online employment manual service to Swinton Commercial.
Thirty insurers linked to Costa Concordia disaster
More than 30 insurers are likely to carry the cost of stricken Costa Concordia cruise ship.
Websure completes R&Q Marine Services implementation
Specialist insurance software provider Websure has completed the implementation and launch of R&Q Marine Services which was formed when the yacht and marine trade teams portfolio was transferred from Underwriting Risk Services.
Global tanker fleet hit by EU oil sanctions
New European Union sanctions on Iranian oil will impact around 95% of the global tanker fleet, including those operated by a major Bermuda shipping company, because they are insured under rules governed by European law.
NED Tim Ablett leads Europ Assistance UK MBO
Europ Assistance’s non-executive director and former Groupama managing director Tim Ablett has confirmed he is leading the management buyout of the travel insurer’s UK and Ireland arm.
Flooding, fraud and asbestos: ABI outlines 2012 priorities
The Association of British Insurers has outlined the key priorities for 2012 to reduce insurance costs including seeking a free market flood model and dealing effectively with asbestos claims.
XL expands political risk and trade credit team
XL Group is expanding its global political risk and trade credit team with four new appointments based in London.
Career development: Sterling to open Manchester branch
High net worth insurer Sterling is set to boost its headcount with the opening of a new hub in Manchester.
Credit hire: Two sides to the story
Credit hire organisations and insurers are blaming each other for the cost of credit hire. With the Office of Fair Trading conducting a review, will anyone emerge victorious?