Commercial
Engineering firm fined £385 000 in corporate manslaughter case
Cotswold Geotechnical has been fined £385 000 after being found guilty in the first trial under the new corporate manslaughter legislation.
Towergate secures bid to insure NICEIC
Following a tender process in 2010, Towergate has been appointed to provide insurance services to NICEIC, the UK electrical contracting industry’s independent voluntary accreditation and regulatory body.
Groupama UK profit rises 70%
Double-digit premium rate growth in private motor supported a 4.6% revenue growth for Groupama Insurances to £470.9m in 2010 (2009: £450.3m).
Groupama UK profit rises 70%
Double-digit premium rate growth in private motor supported a 4.6% revenue growth for Groupama Insurances to £470.9m in 2010 (2009: £450.3m).
Cobra names professional risks manager
Cobra London Markets has appointed Mark Crisp as manager of its professional risks division.
Nato to consult Lloyd's on piracy
The Lloyd’s Market Association is to discuss anti-piracy issues in Germany with officers from Nato.
Nato to consult Lloyd's on piracy
The Lloyd’s Market Association is to discuss anti-piracy issues in Germany with officers from Nato.
Power Place unveils business support function
Power Place has launched a new business support team to provide advice and training for its broker members.
Axa UK earnings fall to £131m
Axa UK’s earnings fell to £131m (2009: £235m) in 2010.
The professionalism push: Video interview with Sandy Scott, CII
Sandy Scott, chief executive of the Chartered Insurance Institute talks to Jonathan Swift about the challenges and opportunities facing the general insurance industry in its quest to embrace professionalism.
Zurich: mutual court ruling erodes commercial market
Zurich has argued that a Supreme Court ruling over London councils' rights to obtain insurance cover via a self-funded mutual has undermined the value of a "vibrant and competitive commercial insurance market".
Insurers attack 'reckless' NIG guarantee
Key players in the commercial insurance market have rounded on NIG's recent 'guarantee to beat' commercial strategy for NIG Network customers.
Ex-flood chief warns UK could face Oz-type disaster
Investment in defences needs to be ongoing or the UK could face a situation as devastating as the recent flooding in Australia.
Post history - 30 years ago: Hilton Hotel fire follows MGM Grand
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as these highlights from 30 years ago reveals.
Zurich chief blames PL for 11% drop in UK arm's profit
Zurich's UK general insurance chief executive Stephen Lewis has attributed its 11% year-on-year fall in top line premium and bottom line profit in 2010 to underperformance within the personal lines market.
QBE: Commercial motor market in poor state
QBE has warned brokers that rates in the commercial motor market need to rise by 20% if the sector is to avoid the pitfalls experienced by the personal lines market.
Motor Claims 2011: Industry needs to reform to rejuvenate
"If we do nothing, body shops and the whole supply chain will become inefficient".
Comment - Branding & aggregators: Driving greater success
With direct writers accounting for 40% of the motor market, Peter Thompson looks at the importance of branding when it comes to selling on aggregators.
Power Place chief executive steps down
Matthew Reed has stepped down as Power Place chief executive — just four days after private equity firm Advent took a 45% stake in its parent company, Towergate earlier this month.
Career development & CSR: Irish firm wins gongs
Autoline Insurance Group is celebrating after picking up two industry awards.
LPS smashes first-year target in just three months
LAS has claimed its recently launched professional services division has hit its first-year target after just three months in business.
Legal expenses: The end of after-the-event insurance?
The Jackson Report could see the end of after-the-event insurance. Veronica Cowan canvasses the views of those in the industry to find out if the market would still be viable.
Post Magazine – 17 February 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Aviva appoints group asset & liability management director
Aviva has appointed Martin Muir as its group asset & liability management director, effective from 11 April 2011.