News
AIR: Wipha to cost less than $250m
Catastrophe modeller AIR Worldwide has said it estimates insured losses from Typhoon Wipha are unlikely to exceed $250m (RMB 1.85bn). The estimate covers insured losses to property and contents for onshore properties.
Brit announces regional trading floors
Brit Insurance has announced launch of ‘trading floor’ facilities in its regional underwriting offices.
Justice Brooke announces mediation launch
Former Lord Justice Sir Henry Brooke, who famously gave mediation a major boost in his leading judgment in Dunnett v Railtrack , has announced the start of a not-for-profit mediation scheme for personal injury claims.
Willis heads up London market process improvement work
As part of its vision to be “the Market of Choice”, the London Market Reform Group is sponsoring a number of process improvement initiatives in a bid to ensure London remains at the forefront of the global insurance industry.
Axa appoints HSBC boss to risk director position
Ian Richardson will retire from his position of group business risk director of AXA UK on 31st December 2007. He will be replaced by Ian Robinson, currently chief operating officer, HSBC Insurance.
Insurers and adjusters agree emergency response protocol
Insurers and loss adjusters claim they will be able to respond to major emergencies more quickly following an agreement between the insurance industry, police, fire and rescue services, and local authorities.
Levene urges insurer/government co-operation
The insurance industry needs to work with government and contribute more towards resilience, Lord Levene said in an address last night.
Primary General launches online Tradesman Product
Primary General has launched a Tradesman Policy, which is its first ‘online only’ product.
Watson Wyatt appoints Collinson to non-life team
Watson Wyatt has appointed Rob Collinson into what it described as a thought leadership and client facing consulting role.
Implementing an effective workplace diversity policy
Effective communication is paramount when instigating workplace diversity, writes Jo Causon
Allianz introduces new staff training schemes
Allianz Insurance's claims division has announced a number of new staff training initiatives followi...
Work stress 'being ignored'
Almost half (48%) of employees believe that their employer does not care how stressed they are at wo...
L&G turns to the Samaritans
Legal and General has enlisted the help of the Samaritans for specialist training and advice on how ...
Pick of the Week
Jonathan Swift, editor of Post Magazine outlines the main news stories in this week’s issue including...
Biba rolls out niche offering
The British Insurance Brokers' Association has partnered with broker FSJ to launch the Biba medical ...
ABI defends 25% scheme success rate
The Association of British Insurers has hit back at calls from Thompsons Solicitors to have the trac...
Survey rates must rise to avoid SME closures
Engineering inspection rates must start rising or smaller providers could be forced out of business,...
Appointment at Lorega
Lorega has recruited John Sims as chief executive officer. Mr Sims was formerly head of personal lin...
Brit in NU boss swoop
Brit has continued its UK division recruitment drive by attracting former Norwich Union motor underw...
Industry needs media to connect with public
Insurers must use the media better to manage flood victims' expectations as claims are anticipated t...
Insurers face drain "headache"
Property insurers have bemoaned a lack of an accurate flood mapping technology in the wake of the su...
Appointment at NIG
NIG has made six changes within its commercial underwriting division. Laura Alcock has been promoted...
EPCS to deal with directive
Crawford and Company UK has announced the launch of Crawford Environmental Pollution Claims Services...
Appointment at Davies Arnold Cooper
Davies Arnold Cooper has promoted Matthew Wescott to partner. Mr Wescott joined the firm's dispute r...