News
Axa offers interim payments to flood-hit customers
Axa is offering interim payments to households and businesses hit by the recent floods in the UK.
Imperial challenges "underhand" practices
The founder of Imperial Consultants is appealing to insurer partners to back him up in his bid to tackle what he describes as the “filthy and underhand” tactics of some of his competitors.
FSCS £21m levy increase on brokers is ‘kick in the teeth’
The Financial Services Compensation Scheme is to raise the insurance intermediary sub-class levy by a further £21m in the first quarter of 2013 owing to an increase in payment protection insurance compensation.
CIGNA & CMC launch expat health cover in China
CIGNA & CMC Life Insurance, a joint venture between CIGNA and China Merchants Group, has launched a new health insurance plan for the Chinese market.
Ferma opposes environmental liability fund
The Federation of European Risk Management Associations has urged the European Commission not to create of a fund to cover environmental liability and losses resulting from industrial accidents.
MP slams Defra u-turn on lost letters
The MP for Hull North has criticised the Department for Environment, Food and Rural Affairs for suddenly claiming it has found residents' 300 'lost' letters on flood insurance- likening the situation to an episode of the political comedy, "The Thick of…
Insurers accused of 'grandstanding' in PM's questions
David Cameron has told MPs he wants to resolve the uncertainty surrounding the future of flood insurance and called on insurers to "provide what they are meant to provide".
Covéa signs three-year deal with vehicle repairer Fix Auto
Covéa Insurance has awarded vehicle repair company Fix Auto a three-year deal to become part of its approved repairer network following a 12-month trial.
Purely targeting motor customers by occupation
Revived insurer Purely will base its underwriting on customers' occupations.
Questgates makes six appointments
Two former Merlin staff have joined Questgates with a view to developing a new subsidence product.
Bupa hires international PMI head
Bupa has appointed Robert Lang as managing director of its international private medical insurance business.
Mitsui hires marine liability underwriter
Mitsui Sumitomo at Lloyd’s has hired David Carr as a class underwriter in its marine liability division.
Mitsui Sumitomo appoints class underwriter
Mitsui Sumitomo at Lloyd’s is aiming to grow its marine liability underwriting book following the appointment of Darren Carr as class underwriter.
Skuld launches dedicated superyacht insurance product
Marine insurers Skuld has formed Skuld\Yacht dedicated exclusively to the protection and indemnity needs of superyacht owners.
NY governor demands quicker Sandy response from insurers
New York governor Andrew Cuomo has ordered loss adjusters to visit properties damaged by super storm Sandy within six business days instead of 15.
Cunningham Lindsey puts restoration companies on standby in St Asaph
Cunningham Lindsey this week dispatched property adjusters and surveyors to the flooded Welsh city of St Asaph this week.
Skuld bosses to lead new superyacht insurance service
Marine insurer Skuld has formed Skuld\Yacht, a new service dedicated exclusively to the protection and indemnity needs of superyacht owners.
Defra lost hundreds of flood insurance letters, says Hull MP
Diana Johnson, MP for Hull North, said the Department for Environment, Food and Rural Affairs has lost 300 letters from Hull residents which raised concerns over the future of insurance cover in risk flood areas.
Ceta promotes O’Hara to business development manager
General insurance network Ceta Insurance has appointed James O'Hara to business development manager.
Sart poaches marine underwriter from Ace HK
Sart Underwriting, a Lloyd's coverholder based in Hong Kong, has hired Larry Kwok as chief marine underwriter.
Aria Assistance unveils partnership with EAJ
Hot on the heels of its partnership with Globemed, Aria Assistance has revealed a new deal with Emergency Assistance Japan.
Job cuts will not affect broker service, says DLG
Direct Line Group’s broker facing insurance brand NIG has reiterated its commitment to maintaining its regional footprint despite revealing around 160 roles were at risk.
Aviva jobs cuts to drive service improvement
Restructuring announced at Aviva is being driven by planned improvements to customer service in its property repairs offering.
Cashin joins Kennedys HK
Peter Cashin has joined law firm Kennedys’ corporate and commercial group in Hong Kong.