Commercial
Lockton appoints business development exec
Insurance broker Lockton has named Mark Amos as a business development executive for its Edinburgh professions team.
Ablett outlines WCI modernisation goals
The newly installed master of the Worshipful Company of Insurers Tim Ablett has vowed to attract younger members and improve the WCI’s communications.
Aviva unveils new personal lines and commercial underwriting heads
Aviva has bolstered its underwriting, pricing and products team with four new senior appointments.
Swiss Re corporate aims for top 10 commercial position
Swiss Re’s new dedicated commercial arm is aiming to be a top 10 player for brokers in the corporate market.
Market moves: Insurers lead the recruitment charge
With the final quarter of the year kicking off this week insurers were the most active recruiters with a raft of hires and promotions. XL Insurance added three new members of staff to its burgeoning team in Europe, while a number of other players seized…
New Zealand faces mass withdrawal as earthquake claims stack up
Insurers and reinsurers could stop providing earthquake cover in New Zealand altogether, forcing its government to handle claims.
Axa wins multi-year commercial deal from Aviva
Axa Commercial Lines has taken a strategic step towards its £1.2bn GWP target by winning a three-year deal from Aviva, the incumbent insurer of 25 years, for commercial property owners, Bruntwood.
Focus on personal injury fraud means insurers missing the bigger picture
Law firm Beachcroft has warned that insurers are so focused on personal injury fraud they are missing large-scale credit hire scams.
Airmic set to work with XL and industry on refined non-disclosure clause
Airmic’s non-disclosure clause, launched in a flurry of publicity in June, has kick-started a debate that could see it replaced by one drawn up by XL Insurance.
Staddon resurfaces at motorcycle specialist Devitt
Former British Insurance Brokers’ Association boss Peter Staddon has vowed to make Devitt “a force to be reckoned with” after joining as personal lines executive director.
BIS 2011: Underwriting no longer the preserve of Oxbridge grads
The future of underwriting rests in the hands of graduates with strong numeracy skills and business understanding, who are willing to embrace specialist areas of the industry.
BIS 2011: Industry must up government lobbying or risk unsustainable losses
Stronger engagement with national governments is essential to overcome the current insufficient focus on natural disaster mitigation and to push through long-term reforms that will help reduce total event cost.
Post Magazine - 06 October 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
NZ faces mass withdrawal as earthquake claims stack up – Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including the possibility that insurers and reinsurers could stop providing earthquake cover in New Zealand altogether, forcing its government to handle claims.
VRS Vericlaim aims to double in next five years
UK loss adjusting firm VRS Vericlaim, part of the European VRS Network, has revealed plans to double in size in the next five years.
Ferma 2011: News round up
The Federation of European Risk Management Associations has said it will continue its fight for broker transparency and aims to convince the European Commission to include it in the next version of the Insurance Mediation Directive.
AA teams up with Bollington in commercial push
AA Insurance has expanded its commercial insurance offering through an exclusive arrangement with Bollington.
LMI set to open Leeds office
Liberty Mutual Insurance is set to open a new office in Leeds and has also announced a number of new appointments to support growth in this sector.
Marsh warns firms over failure to validate coverage levels
Many organisations are failing to validate the limits of liability they require for their natural catastrophe insurance programmes, according to broker Marsh.
XL rebrands and targets Brazil office
XL Group has launched a new global brand and marketing campaign with a new logo and the tagline: “Make Your World Go”.
Staddon resurfaces at Devitt
Former British Insurance Brokers Association head of technical services Peter Staddon has joined Devitt as broker personal lines executive director.
Ferma 2011: Risk managers face change
Risk managers face an environment of uncertainty and continuing change, Peter den Dekker, the President of the Federation of European Risk Management Associations, has warned.
Post Blog: Insurance must embrace the cloud
Organisations in the insurance sector don't have a reputation for changing their software very often.
Bupa lands UK Sport deal
Bupa has been named as the official health insurance partner of UK sport.