News
Floods in Germany and France claim lives
Heavy storms and flash flooding have seen four people die in Germany and one in France as flood waters swept through the region.
Half of motorists ‘unsure how insurance is calculated’
Motor insurance needs to be easier to understand, according to 86% of UK drivers, with 51% unclear how their insurer works out their policy.
Amazon and Google shaping insurer communications of the future
Purely digital retailers such as Amazon and brand giants like Apple are potentially having a huge impact on expectations of insurance policyholders.
Co-op GI CFO Kieran O’Keeffe returns to LV
LV has appointed Kieran O’Keeffe as finance director for general insurance, who is expected to join towards the end of the year.
Blottiere appointed COO of Axa Asia
Axa has appointed Marc Blottiere as regional chief operating officer for Axa Asia.
Munich Re subsidiary to axe around 1,800 jobs in Germany amid 'brutal' cost cutting
Munich Re’s primary insurance group, Ergo Group, has announced plans to lower its cost basis and inject a total net figure of €1bn to 2020, but 1,800 jobs will go as part of the changes.
Gable CEO to use 'private vehicle' to provide regulatory capital guarantee
Gable CEO William Dewsall said it would be “inappropriate” for Hogarth Underwriting Agencies to provide a £10m guarantee that would form part of Gable’s regulatory capital.
PIB acquires Channel Insurance Brokers
PIB Insurance Brokers has launched a presence in the Channel Islands with the acquisition of Guernsey-based Channel Insurance Brokers.
Markel’s Wayne Paternoster and Robin Ungless made redundant
Markel International’s joint managing directors of specialty Wayne Paternoster and Robin Ungless have been made redundant, following a wholesale business restructure of the insurer, Post can reveal.
RSA completes sale of Mexico business
RSA has completed the sale of its operations in Mexico to Suramericana, the Colombia-based insurance subsidiary of Grupo de Inversiones Suramericana.
UK's Hertzell urges Australia's insurers to share data to prevent fraud
David Hertzell, head of a UK government taskforce on insurance fraud, has urged Australia's insurers to share data to help reduce fraud.
In Depth: Wearable Tech: More science fact than fiction, but is there a wearable future for insurers?
As wearable tech becomes more mainstream, what are the risks for the industry?
Career development: DAS Law launches graduate academy with focus on PI litigation
Bristol-based DAS Law is launching an academy to offer practical, hands-on legal experience for law graduates and post graduates in the region
Claims Awards Asia: An inspirational win for Bajaj Allianz
Praveen Chhajed, vice president and head of non-motor claims at Indian insurer Bajaj Allianz, reflects on winning two awards at the Claims Awards Asia last year.
Independent Insurance: Reflections on the failure fifteen years on
Jonathan Swift speaks to former employees about the business and its legacy.
Penny Black's Social World - June 2016
Charity chops, dangerous driving and a rogue rouge
Aviva’s Tom Gardiner to chair IFB’s technical board
Tom Gardiner, head of fraud at Aviva, will take the lead on the Insurance Fraud Bureau’s technical board, replacing Richard Davies.
PE house Livingbridge exits broker Kingsbridge as Dunedin buys in
Broker Kingsbridge Risk Solutions has been acquired in a buyout by UK mid-market private equity house Dunedin.
Allianz launches car sharing insurance cover
Allianz will offer insurance cover to drivers who rent out their vehicle to strangers via the car sharing app RideLink.
Broker Network launches ‘masterclass’ for organic growth
Broker Network has launched a two-year masterclass on how to get organic growth, for smaller broking firms.
‘On demand’ insurance launched for learner drivers
A new ‘on demand’ learner driver insurance has launched, which allows customers to book policy days via a smartphone app.
People: I work in insurance: Andrew Moore
Andrew Moore is a veterinary consultant at RSA, helping take care of the nation’s pets
XL Catlin supports Nexus in Asia
London-headquartered specialty MGA Nexus Underwriting has signed a three year underwriting capacity deal with XL Catlin for its Asia office.
Martin Senn, former CEO of Zurich, dies at 59
Zurich's former global CEO Martin Senn has died after committing suicide last Friday (27 May) according to his family.