News
BIA 2012: Corporate Social Responsibility Initiative of the Year
Winner: Zurich Insurance Zurich’s interactive online resource offers local charities and community groups a simple-to-use guide to help steer volunteers through the swathes of red tape. Chinwe Akomah reports.
BIA 2012: Community Broker of the Year
Winner: Liz Smith, Coversure With success comes responsibility and, for Coversure's Liz Smith, that means giving something back to the community, whether it's fundraising or just being there for a chat. Mairi MacDonald reports.
BIA 2012: Service Provider of the Year
Winner: Reynolds Porter Chamberlain In the aftermath of the London riots, Reynolds Porter Chamberlain helped insurers to help customers on vital issues such as rights of recovery, reports Leigh Jackson.
BIA 2012: Underwriting Initiative of the Year
Winner: Ecclesiastical Ecclesiastical deservedly receives recognition for its ability to bring something new and innovative to the real estate insurance sector. Jonathan Swift reports.
BIA 2012: Underwriting Agency of the Year
Winner: The Dual Group You know you’re doing something right when 88% of UK brokers positively endorse your level of service, says Stephanie Denton.
BIA 2012: General Insurer of the Year
Winner LV Changing its name to LV was just the start of this insurer’s phoenix-like rise from the ashes, reports Jonathan Swift.
BIA 2012: Achievement Award
Winner Peter Cullum A crusader for professionalism and entrepreneurial spirit, Peter Cullum has revolutionised insurance distribution, writes Jonathan Swift.
European countries fare poorly in Coface's country risk assessment
Credit insurer Coface reduced its risk assessments for four European countries in its latest country risk assessment review.
Hannover Re installs Agencyport 'what if' risk management suite
Hannover Re has installed Agencyport risk management software in six of its Worldwide offices and will roll out to further offices in due course.
Aria Assistance teams up with Ageas and Aviva on emergency help products
The newly-independent Europ Assistance team Aria Assistance is working with a host of major insurers providing policyholders with commercial and personal lines emergency services.
Compare the Market wins Corrie sponsorship deal
Aggregator giant Compare the Market has secured a three-year deal to become the new sponsor of the popular soap Coronation Street.
Oman Insurance Company agrees banacassurance tie-up
UAE-based Oman Insurance Company has formed an agreement with National Bank of Fujairah which will see the bank distribute insurance solutions on the insurer's behalf.
Questgates issues warning to brokers amid rise in cannabis farms
A rise in the number of cannabis farms across the UK has led Questgates to urge brokers to check that illegal activity is not excluded from the cover held by property owner clients.
Brokers surprised as US firm adds fracking to 'prohibited risks'
US insurer Nationwide Mutual Insurance Company has become the first major insurance company to confirm that it will not cover damage related to hydraulic fracturing.
UK MGA Association celebrates as RSA joins
Global insurer RSA has become the latest member of the Managing General Agents' Association, a non-profit organisation that represents UK MGAs.
Magma gets IRDA nod for joint venture in India
Asset financing company Magma Fincorp has gained approval from India's insurance regulator to start a general insurance joint venture.
Towers Watson promotes Howard to insurance and reinsurance global leader
Towers Watson has appointed Ross Howard, pictured, to global leader for its insurance and reinsurance brokerage business effective from 1 October.
Solvency II timetable faces more delays after failed talks
Solvency II regulations could face more delays after talks to finalise the legislation ended without conclusion, according to a UK insurers trade body.
Insurers in 'limbo' after Solvency II meeting ends in stalemate
The Association of British Insurers has warned of further Solvency II delays after decision makers in Brussels failed to agree on the final draft of the directive.
Olympics Countdown: Safety onsite
HSB Engineering has been at the Olympic Park in east London ensuring that contractors are meeting health and safety obligations. Peter Milton reports.
RSA and Aviva join the MGAA
RSA and Aviva have become the latest members to sign up to the Managing General Agents' Association.
Thousands of homes evacuated after floods in Japan
Homes suffered substantial damage on Wednesday after intense rainfall caused flash flooding, burst river banks and landslides in the south west region.
H1 natural catastrophe losses $70bn less than in 2011
Insured losses from natural catastrophes were approximately $12bn in the first six months of 2012, significantly less than the $82bn in the first half of 2011.
Huge opportunities for anti-fraud measures in China, says FICO
Chinese non-life insurer Huatai was hailed as a pioneer this week after it became the first insurer in the region to deploy insurance fraud protection. John Chen, managing director of FICO, which provided the anti-fraud solution, spoke to Insurance…