News
Beazley appoints Michael Lum to Asia Pacific role
Beazley has internally filled its political risks and trade credit underwriter role, appointing Michael Lum.
E-trading boss Thornton to leave NIG
NIG's director of e-trading is set to leave the Direct Line Group-owned business in October, Post can reveal.
Slough top fraud spot in UK – Keoghs
Slough has been identified by law firm Keoghs as the top UK spot of fraud activity based on claimant location.
BLM grows policy unit with former MOD claims chief
Berrymans Lace Mawer has expanded its policy development team with the appointment of new consultant Jef Mitchell.
Simply Business MBO to realise the ‘full potential’ of business
Simply Business chief executive Jason Stockwood has revealed the recent management buy out was prompted by a desire to clarify its shareholder structure.
Oval completes shift to Acturis system
Oval has completely shifted its business to the Acturis system in a move to bring the company’s users, accounting functions and e-traded products together on the same platform.
National speed limit database still some way off, claims OS
Ordnance Survey has distanced itself from suggestions the launch of a national speed limit database is imminent, but has vowed to work to “better understand” complex information held on speed limits.
LV to pay £7m PPO after newlywed hit by uninsured driver
LV will today be ordered to pay a £7m settlement to a bride who suffered brain damage when knocked off a motorbike by an uninsured driver.
Allianz launches extreme weather app
Allianz has launched a free smartphone app which provides severe weather alerts and risk advice for businesses and householders.
Sterling teams up with Purple Partnership
Sterling Insurance Group has joined independent broker network the Purple Partnership’s preferred partner list.
Ferma warns against compulsory schemes for catastrophe insurance
The Federation of European Risk Management Associations has told the European Commission that any new insurance solutions for catastrophe risks should be market based and respect freedom of choice for insurance buyers.
Lockton launches intangible risks insurance program
Lockton is seeing to put an end to “uninsurable risks” through a customised program developed by the broker in conjunction to Kiln.
Cunningham Lindsey unveils new international CEO
Loss adjuster Cunningham Lindsey has promoted Rupert Travis as chief executive of its International division.
More Than launches premier pet insurance with £12 000 cover
More Than has launched a premium pet insurance product with £12 000 vet fees, alongside a multi-pet product.
Simply Business parts ways with Brit after completing MBO
Simply Business has finally completed a management buy-out with backing from European equity firm Ana Cap.
IAG improves claims guidance
Insurance Australia Group is expecting a better claims performance for its current financial year than forecast.
AIA and Discovery in lifestyle venture
Discovery to introduce its 'wellness-based' life insurance model to AIA's customers in the Asia-Pacific region.
Fitch affirms QBE's ratings
Fitch Ratings has affirmed QBE's long-term issuer default rating at A, and its subsidiaries' insurer financial strength ratings at A+, both with a stable outlook.
Portal extension rules published 14 days ahead of implementation
The Ministry of Justice has revealed rules for the extension of depth and breadth of the road traffic accident portal two weeks ahead of its actual implementation.
Zurich's David Smith to chair Polaris UK
Industry-owned standards and technology body Polaris UK has appointed David Smith as its chair.
Aspen puts Q2 cat losses at £39m
Bermudian insurer Aspen has announced an initial loss estimate of $59m (£38.8m) for the second quarter of 2012.
Foil attacks “misguided” ad branding insurers “muggers”
A £300 000 advertising campaign featuring the strap-line "don't get mugged by an insurer" has been slammed by the Forum of Insurance Lawyers.
Allianz Engineering to pilot mobile surveyors device
Allianz's engineering division is to pilot a handheld mobile device that will streamline reporting for its surveyors.
