News
French tax proposals have negative implications, says Moody's
Proposed changes to the tax rates on French life products might provoke short-term switches to other insurance products, which would have negative credit implications for life insurers, according to Moody’s.
Reinsurance will absorb quake losses, says IAG
Insurance Australia Group has said it is "too early" to determine the extent of damage in Christchurch following the earthquake at the weekend.
Brokers "fighting harder" for customers during downturn
Brokers have had to fight harder to get claims paid during the economic downturn due to the stricter policy interpretations and anti fraud-systems put in place by insurers.
Am Trust makes two appointments
Am Trust Europe has appointed Laura Mansfield as new business development manager to cover its brokers in the Midlands, Wales and Northern Ireland.
Arista appoints three in Bristol
Commercial lines underwriting agency Arista Insurance, has made three appointments to its Bristol office.
LAS joins Fortis panel
LAS has been appointed to Fortis’ panel for roof inspection, validation and fulfilment claims.
Bluefin wins top Scottish league
The Scottish Premier League has appointed Bluefin as its nominated insurance broker to place its central programme for member clubs including Celtic and Rangers.
Lloyd’s to trial Ipads in underwriting process
Lloyd’s has joined with brokers Marsh, Cooper Gay and RK Harrison Group to trial the use of Ipads in its underwriting room.
Open GI appoints customer services head
Software firm Open GI has appointed Michele Munn to the role of head of customer service.
Garwyn appoints four liability adjusters
Garwyn said it has created four new liability adjuster roles to support a rapid growth in demand for its services across the UK.
Allianz releases cycle theft figures for 80 cities
Allianz figures on bicycle theft in around 80 German cities with a population of more than 100 000 shows that bikes are sought-after stolen goods, but thieves seem to have a strong preference for some cities over others.
Deloitte warns insurers ahead of IPT changes
Accountancy firm Deloitte has warned insurers to prepare for the incoming IPT changes, due to be implemented in four months time.
CNA ties up RSA deal to give it access to 142 countries
CNA has entered into an agreement that provides its US-based corporations with access to RSA's global network.
CNA ties up RSA deal to give it access to 142 countries
CNA has entered into an agreement that provides its US-based corporations with access to RSA's global network.
Car premiums have risen by 31%
AA Insurance said that increasing car insurance fraud is contributing to the fastest-ever increases in car insurance premiums.
Allianz releases cycle theft figures for 80 cities
Allianz figures on bicycle theft in around 80 German cities with a population of more than 100 000 shows that bikes are sought-after stolen goods, but thieves seem to have a strong preference for some cities over others.
Exclusive online content now available on Post Europe
Post Europe September is now live with an in-depth interview RSA’s Latvian CEO Tara Kneafsey, a review of the Danish insurance market, and an analysis of where the best place is to headquarter a European insurer.
Omega Underwriting Agents names MD
Omega Insurance Holdings has appointed David Reed as managing director of its managing agency Omega Underwriting Agents.
Beardmore named as BMS boss
Carl Beardmore has been appointed chief executive of BMS Associates, the group holding company of BMS Group.
Conservatives welcome creation of Euro super-regulator
The Conservatives have welcomed an agreement between the European Parliament and the Council of Ministers over the creation of three new European Supervisory Authorities and a European Systemic Risk Board.
RBS to cut a further 3500 jobs
Royal Bank of Scotland is planning to cut 3 500 jobs from its technical and back office division in the UK, according to reports at the BBC.
FSA gives broker a lifetime ban
David Marriott has been given a lifetime ban by the FSA for failing to segregate and protect money from clients’ insurance premiums.
Bluefin assists two network members seal acquisitions
Broker Partnership Services, a division of Bluefin Insurance Services, has added twelve new partners to the network in the first half of this year including a firm in the Isle of Man.
Insurance Fraud 2010
Hear the latest initiatives on combating insurance fraud from Aviva, Allianz, Axa, Experian, the Insurance Fraud Bureau, the Financial Ombudsman Service and others at Post's Fraud 2010 conference later this month.