News
Aviva’s Clayden appointed to lead QBE European claims
Dominc Clayden, Aviva general insurance claims director, has been appointed claims director at QBE.
R&Q acquires Woodcroft Insurance
Randall & Quilter Investment Holdings has acquired the entire issued share capital of Guernsey domiciled captive insurer Woodcroft Insurance Company.
Aviva’s Dominic Clayden to join QBE
Dominic Clayden, Aviva general insurance claims director, has been appointed claims director at QBE.
Citizens Advice wants end to cold calling
Citizens Advice has called for cold calling by financial services firms to be banned after new research revealed 32 million British adults have received unwanted contact about claiming for mis-sold payment protection insurance.
Ten partners with Alps
Independent commercial broker network Ten Insurance Services, has appointed Auto Legal Protection Services as its preferred partner to provide a range of legal protection products and services to its members.
Co-op's up-for-sale GI business sees improved COR
The Co-operative's general insurance arm has posted impressive results despite poor performance for the rest of the insurance division.
Admiral's shrinking UK motor share behind 7% fall in H1 turnover
Motor insurer Admiral saw turnover fall 7% to £1.089m in the first half of 2013, down from £1.169m in the first six months of 2012.
Zurich chairman steps down following Wauthier death
Zurich Insurance Group chairman Josef Ackermann has resigned from his post claiming that he felt pressure to step down following the death of chief financial officer Pierre Wauthier.
Zurich chairman steps down following Wauthier death
Zurich Insurance Group chairman Josef Ackermann has resigned from his post claiming that he felt pressure to step down following the death of chief financial officer Pierre Wauthier.
R&Q acquires Woodcroft Insurance
Randall & Quilter Investment Holdings has acquired the entire issued share capital of Guernsey domiciled captive insurer Woodcroft Insurance Company.
R&Q signals future MGA division growth
Randall & Quilter chief financial officer Tom Booth has not ruled out the company adding new accounts to its managing general agents division, and said it is progressing several run-off transactions including insurance companies.
ABI agrees private medical insurance sector is in need for clarity
The Association of British Insurers has said it agrees with the Competitions Commission that the private medical insurance sector is in need for more clarity and transparency.
No investigation for "Don't get mugged" campaign
The advertising watchdog has decided it will not investigate the Law Society's "Don't get mugged" campaign after it generated six complaints.
Two acquisitions announced for Thistle
Thistle Insurance Services has acquired E-warranty and Risk Management Support adding warranty and product protection to its services.
Cable’s accountability plans increase D&O brokers risk management role
Brokers selling directors’ and officers’ policies could be called upon to ‘plug the gap’ between policyholder expectations and insurance cover following tough new government proposals aimed at increasing the responsibility of company executives.
Industry hits back in fraud jail debate as insurers win crash-for-cash cases
Insurers have hailed a recent string of crash-for-cash fraud court victories – where a judge warned the public they risk prison if they participate in insurance fraud – as a victory against criticism of jail sentences for fraudsters.
Bennetts reports rise in customer engagement and sales
Bike insurance specialist Bennetts has revealed strong year-on-year growth, recording 10% uplifts in both total new customer sales and renewals.
Brokers fear Law Society MGA could prove too late for solicitors
The Law Society must launch its professional indemnity managing general agency soon or risk being too late to help solicitors ahead of this year’s October renewals, market insiders have warned.
LV growing actuarial team
LV is recruiting for 10 actuaries to join its business.
Bowman pledges dedication to UK business despite Aviva UK panel losses
Crawford & Company global chief executive Jeffrey Bowman has refused to rule out UK redundancies after the adjuster was axed from the panels of several major insurers.
Swiss Re Corporate Solutions appoints Asia-Pacific regional head
Swiss Re Corporate Solutions, the risk management and financing arm of Swiss Re has appointed Fred Kleiterp as head of Asia-Pacific.
Lack of competition blamed for inflating PMI costs
Britain’s competition commission has slammed the costs paid for private medical insurance, blaming a lack of competition between healthcare providers for inflating the costs for consumers.
Lockton unveils solicitor site ahead of PI renewals
Lockton has launched a specially designed website for solicitors to provide guidance and support on insurance.
Underwriters under pressure to secure facility deals to remain in London market
Lloyd’s underwriters have been warned they may have to secure facility deals with brokers in order to conduct business in the market in the future, despite a question mark remaining over whether these practices are anti-competitive.