Commercial
BIS 2010: Insurers warned over the next wave of "unknown unknowns"
XL Insurance regional operating officer, UK Ireland and Bermuda, Donal Kelly, urged the insurance industry to keep abreast of changing risks.
BIS 2010: Insurers warned over the next wave of "unknown unknowns"
XL Insurance regional operating officer, UK Ireland and Bermuda, Donal Kelly, urged the insurance industry to keep abreast of changing risks.
'Wild West' feel as Ebay inundated by insurers
Ebay has been "inundated" with offers from the insurance industry since announcing its plans to form affinity partnerships with motoring insurance providers.
BIS 2010: XL head compares insurers to doctors who smoke
In highlighting the importance for clients to understand an insurers' risk, Nigel Bamber, XL Insurance head of client relationship management UK, asked today's British Insurance Summit: "Is the insurer like a doctor who smokes?"
Sports sponsorship: A sporting frenzy
At first glance, sports stars and insurers wouldn't appear to have much in common but, with the benefits of sports sponsorship proving their worth, Daniel Dunkley asks is it any wonder everyone is trying to get in on the action?
In series - claims management: Reflecting on feedback
Meeting policyholder expectations can put you one step ahead of your competitors, but to know what your customers want, you'll have to ask them. Sam Barrett finds out to what extent insurance companies integrate customer feedback on claims service.
View from the top: The buck stops here
The past 18 months have been horrendous for the motor market. Insurers have been ravaged by credit hire, claims farming and fraud, burning more than £1bn of capital as a result.
Xbridge doubles profit in 2009
Xbridge has recorded an increased profit of £3m for its insurance division for the year ending 31 December 2009.
BIS 2010: Willis CEO warns that risks will need to be "recalibrated"
The insurance industry needs to ensure that it produces new products and services that are relevant to the new environment of corporate shocks and catastrophes.
BIS 2010: M&A activity predicted to increase as Solvency II takes hold
Pressures arising from compliance with Solvency II may instigate a wave of M&A activity, a panel of leading industry figures has predicted.
Heath Lambert opts for Santander in refinancing
Heath Lambert has agreed a refinancing deal with Santander, securing a new bank facility worth £24m.
BIS 2010: Aviva CRO highlights Hodges role in promoting risk management
Aviva UK chief executive officer Mark Hodges made improving the firm’s risk management a top priority after taking up the role, according to the insurer’s group chief risk officer Robin Spencer.
Groupama contract boosts Nationwide H1 results
Nationwide Accident Repair Service has reported a 9% increase in turnover for the first half of the financial year – aided by a significant new contract with insurer Groupama.
BIS 2010: Towergate's Blanc underlines issues faced by IPO market
Towergate deputy group chief executive Amanda Blanc has highlighted the difficulties companies are facing launching IPOs in the current financial market.
BIS 2010: Baugh claims UK insurance industry lacks cohesive voice
The UK insurance industry may fail to get its voice heard at home and on an international stage because it is too “fractured”.
NMJ acquisition moves to Open GI
NMJ Insurance Brokers, has selected Open GI as the IT partner of choice for their most recent acquisition.
Airline insurance rates rise 7%
Confidence is returning to the airline industry with airlines predicting a 13% increase in passenger numbers in 2011, according to Aon.
Fitch places Brit on Rating Watch Negative
Fitch Ratings has placed Brit Insurance's Insurer Financial Strength rating of 'A' on Rating Watch Negative.
St Mary launches new PI offering
St Mary Underwriting has launched a new facility for solicitors’ professional indemnity insurance aimed at small- to medium-sized solicitor firms.
Former parliamentary insurance chair Greenway joins claims firm board
Claim Experts has appointed former chairman of the All Party Parliamentary Group on Insurance and Financial Services Jon Greenway as a non-executive director.
Zurich ranks 9/11 and SARS top "mega-disasters" of last decade
Terrorist attacks, hurricanes, and pandemic risks top the list of “Top Ten Mega Disasters” of the past decade, released today by Zurich.
Video: UK Broker Awards as they happened
Well over 500 turned out at the broking community's annual awards ceremony to celebrate the Best of British Read more: http://www.broking.co.uk/insurance-age/news/1733549/video-uk-broker-awards-happened#ixzz105IJPLAx Broking - Broker market intelligence…
Biba: brokers will have to change if ELIB introduced
The British Insurance Brokers’ Association has responded with support to the Financial Services Authority consultation paper for the new Employers’ Liability Insurance Database, operated by the Employers Liability Tracing Office.
QBE boss acclaims "leading edge" property underwriting deal
QBE has developed a combined rating and geographical risk system which it claims will help its property underwriters deliver more accurate pricing for clients.