News
Former Lloyd’s chair Taylor joins Pioneer board
Former Lloyd’s chairman Max Taylor has been appointed as chairman of the board at BMS owned-Pioneer Underwriting.
MAST develops marine framework for unexploded ordnance
Marine security company, Maritime Asset Security and Training, has partnered the construction industry research and information association to develop a risk management framework for unexploded ordnance in the near-shore and offshore environment.
MAST supports UK Marine Framework for unexploded weaponry
Maritime Asset Security and Training is helping the Construction Industry Research and Information Association to develop a risk management framework for dealing with Unexploded Ordnance in the near-shore and offshore environment.
Liberty Mutual Insurance expands commercial casualty team
Liberty Mutual Insurance has expanded commercial casualty team with two new appointments.
Haste plotting swoop for Co-op's GI business
Former RSA boss Andy Haste has been linked with a private equity bid to buy the general insurance arm of Co-operative Group.
Yosemite wildfire scorches 225 square miles
A massive wildfire that started over a week ago has burned more than 140,000 acres of Yosemite National Park, according to catastrophe modeling firm AIR Worldwide.
Zurich group CFO Wauthier found dead
Zurich's group chief financial officer Pierre Wauthier was yesterday found dead in his apartment in Zug, Switzerland.
Market Moves: Douetil and Plumeri re-emerge as brokers make moves in the recruitment space
This week saw the return of former Brit boss Dane Douetil at broker BMS, as well as Joe Plumeri taking on his first job since exiting Willis. It was brokers leading the way in the wider recruitment space, with Higos and JLT among the movers and shakers…
China Taiping premiums climb 61% in first half
Chinese insurer China Taiping's premiums increased almost 60.8% to HK$50.5bn in the first half of the year.
Zurich group CFO found dead in his apartment
Zurich's group chief financial officer Pierre Wauthier has been found dead in his apartment.
ING sells South Korea unit
ING, which was bailed out by the Dutch government in the financial crisis, has sold the majority of its stake in its South Korean life insurance arm.
Suspended jail time for LV’s Land Rover fraudster
A Solihull man who fraudulently reported his 20-year-old Land Rover stolen and tried to claim £20 000 from LV has been given a suspended jail term.
Motor rates up 2% in Q2 as niche market outpaces standard classes
The non-life insurance market was flat overall last month as rising rates in property, motor and US casualty lines offset rate reductions in reinsurance, according to a Hampden report.
New Law Society rep for Foil
Nichola Evans has been appointed Law Society representative on the Forum of Insurance Lawyers.
Vet jailed for £200k fraud
A veterinary surgeon who tried to claim almost £200 000 from three insurers for non-existent pets has been jailed for two years.
CPP boss brands £1.3bn pay-back ‘ridiculous’
CPP founder Hamish Ogston claims the £1.3bn compensation scheme for mis-sold credit card and identity theft insurance is "ridiculous".
LV launches wider motorcycle cover
LV has launched a motorcycle product offering increased cover including replacement cover for bikes under six months old.
Bluefin names Thomson as regional MD for the Midlands
Bluefin has appointed Robin Thomson as regional managing director for the Midlands within the commercial division.
SME confidence in recovery doubles as perceived risk falls
Business confidence that the economic climate will improve this financial quarter has almost doubled to 38% up from 20% last quarter; while the perceived level of business risk faced by SMEs has fallen from 44.55 to 43.41 points, Zurich’s SME Risk Index…
Drivestyle Insurance Holdings hires CEO from Allianz
Telematics insurer Drivestyle Insurance Holdings has hired Andrew Bennett, former broker sales manager at Allianz, as chief executive officer.
Liberty Insurance appoints new president in Singapore
Property and casualty insurer Liberty Mutual Insurance has appointed Luiz Francisco Campos as president of Liberty Insurance Singapore.
Former Barbon board member joins Let Alliance
John Boyle, ex-managing director of Home Let and board member of Barbon Insurance has joined Let Alliance as executive advisor to the board and senior management team.
General Legal Protection MD speaks out on claims culture
The ease with which the current insurance claims system can be abused contributes to the compensation culture in the UK, General Legal Protection managing director André Scruton says.
Towergate network division reports membership surge
Towergate-owned Broker Network and Countrywide have boosted membership by signing up nine broking businesses over the past two months.