News
Esure appoints RSA's Hughes to claims role
Esure has appointed former RSA commercial claims director Graham Hughes as its head of claims.
Gallagher renames binding authority and facility division
Arthur J Gallagher has announced that its specialist binding authority and facility division will now trade as Capsicum Delegated Authority.
Swinton appoints Carpenters Law as claims handler
Swinton has appointed Carpenters Law as its claims handling partner, replacing Slater & Gordon.
Revenue up 12% at Davies as account wins add £3m to 2016 figure
Davies Group has attributed 40 new account wins over the course of 12 months for a 12% uptick in revenue to £32.4m for the period ending 30 June 2015.
Quindell to return £465m to shareholders
Quindell has announced plans to give shareholders £465m through a capital repayment scheme.
Changes on board for Tokio Marine Kiln group
Tokio Marine Kiln will merge the board leadership at two of their businesses with changes to come into effect from 1 January next year.
Chase Templeton buys Healthcare Solutions
Private medical insurance brokers Chase Templeton has finalised its 15th acquisition of the year after completing a deal to buy Healthcare Solutions.
ABI calls for FCA to regulate claims management sector
The Association of British Insurers has called for the Financial Conduct Authority to be appointed as the regulatory body responsible for claims management companies as "the current system is failing to provide enough of a deterrent to rogue firms".
Customers most likely to pick and choose on insurance
Insurance products have topped the list when it comes to consumers shopping around; beating mortgages, phone contracts and energy suppliers according to an ABI survey.
London heads to Dubai for inaugural Islamic Insurance conference
The Islamic Insurance Association of London (IIAL) will hold its first conference with the Islamic insurance and risk community in Dubai next Sunday (8 November) to see how the sector can move to the next level.
Towergate loses three senior finance figures
Towergate has confirmed three departures today (30 October) from finance positions.
Aon Risk Solutions sees 8% fall in Q3 revenue
Aon's broking arm, Aon Risk Solutions, has reported an 8% fall in revenue for the third quarter of 2015.
Almost a quarter of CMCs warned or lost accreditation in 2014
The Association of British Insurers has calculated that 23% of claims management companies either lost their accreditation or were formally warned about unscrupulous practices last year, according to the incoming president of the Forum of Insurance…
High Court dismissal of Stoke City assault case 'good news' for insurers
A High Court judge’s decision to dismiss allegations relating to a historical assault case involving former Stoke City Football Club goalkeeper Peter Fox and apprentices at the club should be welcomed by insurers, according to law firm Hill Dickinson.
Tax costs could rise for UK insurers after European Commission cancels review
An ongoing review abandoned by the European Commission on Wednesday (28 October) could increase the tax burden for UK insurers.
Ex-DLG and Flood Re boss Woolgrove moves to ‘challenger’ bank
Former Direct Line Group personal lines managing director Tom Woolgrove has taken on an interim role as deputy CEO for Oak North Bank, an SME-focused challenger to established high street brands.
Very small businesses facing rising insurance costs, Biba finds
The latest Insurance Price Index from the British Insurance Brokers' Association and Acturis has shown a significant rise in the level of premiums charged for very small enterprise policies.
Home insurance premiums fall in year-on-year ABI statistics
The annual cost of a combined building and contents policy has fallen, with the average £290 figure down compared to this time last year but up slightly on the previous quarter, according to Association of British Insurers data.
Aviva CEO Wilson blasts ‘scandal' of data buying industry
Aviva group CEO Mark Wilson says his staff are regularly approached by claims management companies looking to buy data from them.
London company market premium totals almost £23bn in 2014
The London company market chalked up an overall premium total of £22.943bn last year, a report by the International Underwriting Association has shown.
Quiz of the week - 30 October 2015
Test your knowledge of the week's insurance news, with the Post insurance quiz on the week.
Ninety-nine percent of Jelf shareholders approve takeover by Marsh
An overwhelming majority of Jelf shareholders have voted to approve the broker's £258m takeover by Marsh.
Tokio Marine and PICC agree to offer IP protection for Chinese companies
Tokio Marine Kiln has agreed with Chinese giant PICC to provide intellectual property infringement liability insurance to Chinese companies.
Steadfast sees flattening premiums in Australia
Steadfast managing director and CEO Robert Kelly said market rates are flattening after a year of declining premiums and profitability at Australian insurers.