News
Towergate appoints DAC Beachcroft, DWF and BLM to claims panel
Towergate Underwriting has announced a new claims legal panel, comprising of BLM, DWF and DAC Beachcroft.
XL Catlin promotes Huang in Asia
XL Catlin has promoted Carrie Huang to a senior underwriting role for Asia.
Q1 results roundup
All the results from the biggest insurers in one place. Hastings files today.
Insurance Europe calls for changes to UFR to wait until Solvency II review
Europe’s peak insurance body Insurance Europe says there is some misunderstanding around how Solvency II liabilities are calculated, particularly its relationship to the ultimate forward rate.
RPC Consulting opens Paris office
RPC Consulting, the consulting arm of law firm RPC, has appointed former founding partner of EMB France Stéphane Chappellier to head up its new Paris office.
Finch appoints Co-op’s Kieran McGeehan as compliance and operations head
Finch Insurance Brokers has hired Kieran McGeehan along with two other senior appointments as part of a move of “investing into the business”, Post can reveal.
Barbican opens new Manchester base
Barbican Insurance Group has opened a new office in Manchester, located in the Hive complex of the city’s Northern Quarter.
Staysure to create 120 jobs in 2016
UK insurance and travel provider Staysure is creating 120 new jobs across its business this year.
FCA targets thousands of firms in proactive engagement push
The Financial Conduct Authority wants to reach up to 3,000 firms in the next 12 months through its live and local regional programme, which runs until March next year.
RGA Underwriting gets Lloyd’s broker status
RGA Underwriting will start placing risks directly with Lloyd’s underwriters in a move the company says will let them place more unusual risks particularly in the property market.
PIB appoints Gallagher’s David Skinner as employee benefits MD
PIB Insurance Brokers has appointed David Skinner as managing director of its employee benefits team, Post can reveal.
Weald Insurance Brokers acquires insurance business of Steadman & Hozier
Kent-based Weald Insurance Brokers has acquired the insurance business of South Croydon-based Steadman & Hozier for a sum of around £5m.
Charles Taylor to target insurtech with specialist arm
Professional services firm Charles Taylor will target the insurance technology market with a dedicated business, Charles Taylor Insure Tech.
RMP and Ecclesiastical launch insurance product for college sector
RMP’s broker networks will distribute a new insurance and risk management offering for further education colleges.
Fraudsters convicted using ‘fundamental dishonesty’ defence
Three cases brought by Axa have seen fundamental dishonesty rulings from judges, something the insurer says shows the judiciary’s increasing appetite to make these findings.
Unwell staff attending work cost Hong Kong businesses HK$30bn in 2015, says Bupa
Research commissioned by healthcare insurer Bupa suggest unwell staff in Hong Kong are best not attending work.
Volvo CEO calls for more government help as it outlines autonomous driving trial in London
The Association of British Insurers’ has hailed Volvo’s autonomous driving trial in London next year as “really exciting” and potentially “transformational,” while the motor manufacturer itself has called for more government help to speed up adoption.
Video: Expertise from A-Z with Sarah Mallaby
As regulation of claims management companies is relinquished by Government and handed to the Financial Conduct Authority, what lies ahead for insurance companies?
Almost 60% believe personal injury reforms unfair
Proposed changes to compensation from accidents were considered unfair by 57% of adults according to a survey commissioned by Access 2 Justice.
Ex-Moneysupermarket CPO joins Brightside in non-exec role
Graham Donoghue, executive director and chief product officer at Moneysupermarket, has joined Brightside Group as non-executive director.
Google teams up with Uber and Ford to challenge autonomous car laws
Technology giant Google is partnering with taxi-hailing app maker Uber and US carmaker Ford to lobby the US government over driverless car regulations.
Faking injuries for insurance deemed as unacceptable as driving drunk
Lying about injuries to make a claim is unacceptable to 87% of people, second only to driving over the limit, according to a survey of 2000 people by Aviva.
Fix Auto seals sixth central contract with Axa deal
Fix Auto UK has signed a new national agreement to provide motor repair services to Axa Insurance.
GRP backs MBO for Lonmar
Investment vehicle Global Risk Partners has agreed to back the management buyout of specialist Lloyd’s broker Lonmar Global Risks.