News
Europ reveals new five-year plan
Europ Assistance is planning to reduce its reliance on traditional travel and motor lines — which currently account for more than three-quarters of the company's turnover.
Oracle rolls out latest insurance products
Technology firm Oracle is set to unveil two new insurance products aimed at guiding the industry through the economic downturn. The seventh version of Oracle Insight and the latest release of Oracle Documaker Enterprise will be rolled out this month.
Wells Fargo plans sale of 37% stake in Besso
Wells Fargo is seeking a buyer for its stake in Lloyd's broker Besso.
Fraud: cognitive questions test sees 51% success rate
Fraud investigation firm the Innovation Group has revealed that a partnership with a university psychology department has produced a 51% success rate in detecting home insurance claims.
First Assist names new legal provider
First Assist Legal Protection has named law firm Lyons Davidson as its legal provider for commercial and personal line before the event legal expenses claims.
Hiscox set to launch US direct PI offering
Hiscox is increasing its US presence with the launch of its first direct commercial insurance offering.
New equity for Towergate
Towergate Partnership has secured new equity investment, after signing a preliminary agreement with an international private equity house, Post understands.
Warning over reserves as retirement age rises
Insurers have been urged to review their reserve levels, as the proposed abolition of the retirement age could see claimants seeking increased compensation in personal injury cases.
Zurich reorganises UK operations
Both the Zurich Private Clients and Navigators & General businesses are to be rolled into the insurer's new-look personal lines division, following a restructure of the UK general insurance operation.
Zurich reaches ‘toxic sofa’ compensation compromise
Zurich has agreed a compromise settlement with a number of claimants in the ongoing ‘toxic sofa’ compensation battle.
Warning over reserves as retirement age rises – Post in print: 16 December 2010
Senior reporter Leigh Jackson outlines the main news from this week's issue of Post, which includes reports that insurers have been urged to review their reserves, as the proposed abolition of the retirement age could see claimants seeking increased…
Warning over reserves as retirement age rises – Post in print: 16 December 2010
Senior reporter Leigh Jackson outlines the main news from this week's issue of Post, which includes reports that insurers have been urged to review their reserves, as the proposed abolition of the retirement age could see claimants seeking increased…
MUM launches D&O product
Specialty lines broker-only managing general agent Manchester Underwriting Management has unveiled a new directors and officers product.
‘Toxic sofa’ customers receive pay out
Axa, Chartis and Travellers have compensated more than 400 claimants in the ongoing £20m ‘toxic sofa’ legal wrangle.
Chubb names entertainment head
Chubb has appointed Francis Hernandez as its new UK and Ireland events and entertainment insurance manager.
Chubb names entertainment head
Chubb has appointed Francis Hernandez as its new UK and Ireland events and entertainment insurance manager.
Credit hire GTA set for audit
The technical committee that oversees the general terms of agreement between insurers and credit hire organisations is planning an independent audit of the voluntary protocol.
More than $1bn of perils based limits place in 2010
Perils AG, the independent Zurich-based company providing industry-wide European catastrophe insurance data, has today announced that total placements of insurance risk transactions based on the Perils industry loss index to date in 2010 have exceeded …
More than $1bn of perils based limits place in 2010
Perils AG, the independent Zurich-based company providing industry-wide European catastrophe insurance data, has today announced that total placements of insurance risk transactions based on the Perils industry loss index to date in 2010 have exceeded …
CBI: listed companies should have set targets for female directors
All UK listed companies should have to set targets for the number of women in their boardrooms, the Confederation of British Industry has said today.
Brokers Link names Latin America head
Insurance broker alliance Brokers Link has appointed Paul Bitner as Latin America chief operating officer.
Brokers Link names Latin America head
Insurance broker alliance Brokers Link has appointed Paul Bitner as Latin America chief operating officer.
Gangsters face premium hikes under police plan
Strathclyde Police has began revealing the names of gangland figures to insurance firms and life assurers, according to a report in the Herald.
Hardy responds to Beazley withdrawal with share buy-back
Hardy has revealed that the share buy-back programme announced on 26 November 2010 will now commence under existing authority from shareholders and will be administered by Peel Hunt.