News
ABI backs Law Commission plans for consumer legislation
Law Commission proposals to update consumer insurance legislation for the first time in more than a century have gained the backing of the Association of British Insurers.
E&Y finds young claimants less likely to stay with insurers
Younger policyholders are less likely to stay with an insurer than older ones, regardless of their claims experience, a new pan-European survey has found.
Law Society must tackle asbestos 'dabblers'
The Law Society needs to get a grip on claimant "dabblers" who are obstructing the speedy payment of mesothelioma claims and ramping up costs for insurers, according to Michelle Penn, partner at Berrymans Lace Mawer.
2018 World Cup risks 'attractive' say specialists
London market sport insurance specialists have insisted the 2018 FIFA World Cup in Russia will prove no less attractive a risk than previous competitions, despite its size and the threat of domestic terrorism.
Claims Club news: Third parties need longer-term commitments
The ability to form long-term relationships with third-party providers is important when procuring claims services, Iain Sinclair, Aviva's supply chain manager, told delegates.
Claims Club news: Claimant community blamed for shelving of meso protocol
The insurer and defendant legal community has lost its battle to get a specific pre-action protocol introduced for mesothelioma claims — largely due to the self- interest of claimant solicitors and the unions.
Aviva to roll out DP model
Aviva is geared up to roll out its direct pricing model to all of its personal lines broking partners during 2011.
Editor's comment: Fill in the Blancs
So with the country covered in the white stuff it was somewhat fitting that French insurer Axa unveiled the Amanda Blanc as its commercial boss.
Claims Club news: Procurement no longer stuck in an 'ivory tower'
There has been a "sea change" in the way claims operations professionals are involved in and consulted on insurer procurement strategies, according to Aviva's supply chain manager.
BoE questioned over insurance expertise
Political consultancy firm Cicero has questioned the Bank of England's ability to govern the insurance sector.
Blanc's Towergate shares trigger fears of conflict
Amanda Blanc's appointment as Axa's commercial chief executive has raised questions over a potential conflict of interest with her position as a Towergate shareholder.
Claims Club news: Insurers moving away from one-stop-shops
Claims procurement strategies have evolved beyond pure price and one-stop-shops.
Bluefin's Reid predicts closer links with Axa under Blanc
Bluefin chief executive Stuart Reid has said the appointment of Amanda Blanc as CEO of commercial lines at Axa UK could spell a new era of closer trading between the insurer and its distribution arm.
B2 to be phased out after just two years
Beachcroft is to phase out its specialist volume insurance claims brand B2, just two years after its launch.
Barbican turn-key approved by FSA
Whittington will retain a shareholding in its turn-key operation Barbican after the latter was granted conditional approval from Lloyd's and the Financial Services Authority to form its own managing agency.
Law report: Time-barred case dismissed
This law report was contributed by national law firm Berrymans Lace Mawer.
Claims Club news: Under-25s are ill-informed
One in 20 drivers under the age of 25 does not know it is illegal to drive without insurance. That was one of the shock findings of a recent Which? survey shared by its insurance expert Dan Moore at the Claims Club last week.
IIB plays down deal implications
Institute of Insurance Brokers chief executive Barbara Bradshaw has refuted suggestions a recent deal between IIB-affiliated Broker Direct and the British Insurance Brokers' Association marks a move towards even closer co-operation between the two trade…
Torus Executive Risks appoints senior financial lines underwriter
London-based underwriting agency, Torus Executive Risks, the joint venture between global specialty insurer Torus and Nexus Underwriting Management, has appointed Michael Kofi-Sikah as senior financial lines underwriter.
Bluefin’s Reid predicts closer links with Axa under Blanc – Post in print: 9 December 2010
Reporter Amy Ellis outlines the main news from this week's issue of Post, which includes a prediction from Bluefin’s Stuart Reid that the recently announced appointment of Amanda Blanc to CEO of commercial lines at Axa, could lead to closer trading…
Bluefin’s Reid predicts closer links with Axa under Blanc – Post in print: 9 December 2010
Reporter Amy Ellis outlines the main news from this week's issue of Post, which includes a prediction from Bluefin’s Stuart Reid that the recently announced appointment of Amanda Blanc to CEO of commercial lines at Axa, could lead to closer trading…
Thatcham names new chief executive
The motor insurance repair research centre, has named Peter Shaw, as its next chief executive.
ALCD warns insurers on legal cost advisers
The Association of Law Costs Draftsmen has warned insurers over law firms instructing unqualified cost advisers.
Aviva launches salary sacrifice car scheme policy
Aviva is launching a bespoke insurance policy for businesses that operate an employee salary sacrifice car scheme.