Commercial
Marine piracy at all time high, with Somalia leading hot spot in Q1 2011
Piracy at sea hit an all-time high in the first three months of 2011, with 142 attacks worldwide, the International Chamber of Commerce International Maritime Bureau’s global piracy report revealed today.
Liberty Anglo announced as preferred bidder for Quinn - Manchester to close
A joint venture of Liberty Mutual and Anglo Irish Bank has been announced as the preferred bidder for the general insurance business of Quinn Insurance.
Chubb Ireland hit by senior defections with Mitsui tipped to benefit
Chubb has confirmed four key employees are leaving its operations in Ireland.
Liberty Anglo announced as preferred bidder for Quinn - Manchester to close
A joint venture of Liberty Mutual and Anglo Irish Bank has been announced as the preferred bidder for the general insurance business of Quinn Insurance.
Rush for next appointment increases corporate manslaughter threat
Businesses placing undue pressure on their staff are exposing themselves to risk of significant fines from a corporate manslaughter prosecution, according to a legal expert.
Ferma raises concerns over capacity for 2014 World Cup
The Federation of European Risk Management Associations has welcomed as "a good first step" the response of the Brazilian government to complaints and concerns from corporate insurance buyers and national and international reinsurance markets about…
Ferma raises concerns over capacity for 2014 World Cup
The Federation of European Risk Management Associations has welcomed as "a good first step" the response of the Brazilian government to complaints and concerns from corporate insurance buyers and national and international reinsurance markets about…
Editor's comment: The only way is up
Amanda Blanc's radical restructure of Axa's commercial lines business is undoubtedly a bold one. Not only does it leave more than 100 head office staff staring down the barrel of redundancy but her self-imposed deadline to devolve power to regional pens…
Arista bid to double GWP
Arista Insurance is to target cross-selling opportunities in a bid to double its gross written premium to between £120m and £150m by 2014.
Travelers targets UK PL market for expansion
Travelers is eyeing expansion opportunities in the UK personal lines market, according to the newly appointed chief executive of its European operation.
Axa pledges autonomy in mass branch overhaul
Regional brokers have welcomed an overhaul of Axa's "overly bureaucratic" regional strategy, after commercial chief executive Amanda Blanc outlined plans to devolve decision-making power from the insurer's head office.
Iprism cuts losses and eyes 2011 profit
Online commercial underwriting agency Iprism has seen its losses reduce by £4.5m during 2010, according to its latest filings at Companies House.
Penny Black's insurance week
Penny understands the launch of widely anticipated new insurance trade body the Managing General Agents' Association has been held up by a lack of technological foresight.
View from the top: mind the gap please
As a regular London underground commuter I am frequently reminded of the gap in expectations that yawns between me as a paying customer and the so-called service delivery provided by the management of our capital's public transport infrastructure.
Post magazine – 14 April 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Eversheds welcomes “common sense” Baker ruling
Law firm Eversheds has backed the Supreme Court ruling overturning the case of Baker v Quantum, hailing the decision as a victory for “common sense”.
Baker ruling brings “much needed clarity”
Law firm Keoghs has hailed the Supreme Court ruling in Baker v Quantum for employer’s liability deafness claims.
Identity fraudsters target motor insurers
Fraud rates in the insurance sector remain in line with full year figures for 2008 and 2009, according to a new report published by Experian.
Zurich welcomes Baker ruling
Insurer Zurich has backed a Supreme Court judgment overturning the Court of Appeal decision in Baker v Quantum Group Clothing.
Supreme Court allows insurer EL deafness appeals
The Supreme Court has overturned a Court of Appeal judgment making employers liable for noise induced deafness caused by noise above 85 decibels from 1978 onwards.
Keoghs: Insurance fraud spreading beyond city walls
The tough economic climate and improving fraud investigation techniques have resulted in a significant increase in suspicious claims across England and Wales, according to Keoghs.
Allianz Global announces board changes
Allianz Global Corporate & Specialty has made two appointments to its board of management.
APC seeks northern manager
APC is aiming to double its book of SME business in the North of England and Scotland over the next 18 months by hiring a dedicated business development manager for the region.
Allianz Global announces board changes
Allianz Global Corporate & Specialty has made two appointments to its board of management.