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Commercial

Claims leakage approach sees a seven-to-one ROI

Martin Ashfield, head of commercial property claims at Axa Insurance, attributed the end of its historical "master-servant" relationship with suppliers to its investment in a consistent rules-based approach to claims leakage. Citing a seven-to-one return…

LMIE aims for slice of mid-corp market

Liberty Mutual insurance Europe is targeting rivals Ace and Chubb for a larger slice of the mid-corporate market - a sector it believes will act as a “springboard” into the wider UK market.

Editor’s comment: two new faces to watch

With Google this week snapping up beat that Quote for a little under £40m, and web design firm Vast Visibility simultaneously buying two specialist bike and van price comparison sites, aggregators are very much the insurance ‘buy du jour’.

Duo joins Hiscox media team

Hiscox's UK technology and media team has appointed Jiveen Lal as senior technology & media underwriter – north, and Matthew Webb as senior technology & media underwriter - south.

Insurecom reshuffles board

Insurecom has confirmed that that both chief executive Phillip Walter and chief financial officer Rod Britton are to leave the business in May, following a decision to restructure the business.

Duo launches innovation and technology hub

A new insurance business dedicated to developing a greater appreciation and use of more innovative solutions and techniques within the UK insurance industry is being launched this week.

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