News
Hiscox pledges to pay out in full on fair representation of risk cases under Insurance Act
Hiscox Insurance Company has made a pledge to pay claims in full to claimants that neither deliberately nor recklessly fail to make a fair representation of a risk under Insurance Act 2015.
Voyager Insurance Services launches new travel insurance product for high risk zones
Voyager Insurance Services is offering leisure travel insurance for people travelling to countries that are deemed ‘high risk’ by governments with its new product High Risk Voyager.
ABI appoints Tim Harris to chair of PFT committee
Tim Harris, group finance director of Royal London, has been appointed as the new chair of the Prudential, Financial and Taxation Committee and is joining the the Association of British Insurers'board.
Week in Post: Rio 2016, diving doggies, a racism row and rejoice, the Insurance Act is finally here!
You know you’ve been bitten by the Olympic bug when you find yourself watching the weightlifting at 1:30am in the morning, hours before you have an event and need to be pretty sharp.
Berenberg retains its 'sell' recommendation on Esure following results
Berenberg analysts have retained their “sell” recommendation on Esure following the insurer’s H1 results.
Broker Network appoints Paul Meehan as non-executive director
Broker Network has appointed Paul Meehan as independent non-executive director with immediate effect.
Insurance market prepared for Insurance Act finds Airmic survey
The Insurance Act has become official today and risk managers are confident insurers and brokers have prepared for the changes, according to research by the Association of Insurance and Risk Managers.
Biba calls on insurers to be clear on Insurance Act 2015
The British Insurance Brokers’ Association has called on insurers to be clear when they 'contract out' of parts of the Insurance Act 2015, which is implemented today.
Brexit will not affect UK Gibraltar business relationship, says Hastings
In light of Hasting’s strong financial results today, chief financial officer Richard Hoskins has said that the group is not concerned about Brexit affecting its growth.
AIG's work experience programme makes students u-turn on ruling out insurance as a career
Two-thirds of participants in AIG’s two-week work experience programme said they were "quite likely” or “very likely” to consider a job in insurance after completing the course, compared to 67% unknowns at the start.
Hastings Group remains focused on competitive pricing as GWP grows 28%
Hastings Group's half year results, released today, revealed gowth in profit, gross written premiums and policies.
Ageas CEO Andy Watson expects motor premium rises to slow in H2
Ageas UK CEO Andy Watson has told Post that he expects motor premium rises to slow significantly in the second half of 2016.
Zurich UK sees hike in profits despite strong stance on new business
Zurich UK has seen business operating profit and combined operating ratio significantly improve in the first half of 2016, despite an 8.1% drop in gross written premiums.
Travel insurance premiums fall by 9% with biggest drop for European policies
Travel insurance premiums have fallen by 9% in the last year, according to the first Consumer Intelligence travel insurance price index.
Insurers say basing insurance pricing on ethnicity would be 'ethically wrong'
Insurers have spoken out against the recent report from a PI legal firm that suggests motorists living in areas with a high proportion of ethnic minorities pay higher premiums for motor insurance.
Zurich appoints Howell Asia-Pacific CEO
Mario Greco, global CEO of Zurich, recruits former Generali colleague for Asia-Pacific role.
Zurich has steady first half as Greco restructures
Global general insurance profits and gross written premiums at global giant Zurich were stable in the first half of 2016 compared with the same period last year.
Aston Scott appoints Stuart Rootham as group managing director to help bolster growth
Aston Scott has appointed Stuart Rootham as group managing director, effective October and subject to regulatory approval.
Pioneer Underwriters appoints Graeme Raynor as group director of underwriting
Pioneer Underwriters has appointed Graeme Raynor as group director of underwriting, effective October and subject to regulatory approval.
Topmark Claims appointed sole claims supplier for Crown Commercial Services Framework agreement
Topmark Claims has been appointed as the sole claims supplier for the Crown Commercial Services Framework agreement, which involves a minimum of 15 central government departments throughout the UK and Northern Ireland.
Insurers voice concerns over FCA transparency proposals
The Financial Conduct Authority has published a policy statement which outlines rules to increase engagement at renewal in the general insurance markets, but insurers are worried their positions will be undermined.
Norfolk insurance broker Hugh J Boswell becomes latest to suffer a cyber-attack
Norfolk insurance broker Hugh J Boswell has become the latest insurance firm to suffer a cyber-attack, Post can reveal.
Das UK appoints James Henderson as managing director
Das UK has appointed James Henderson as managing director insurance for the UK and Ireland.