News
Aviva's US business tipped to be on the line in turnaround stategy
Aviva could close or sell as many as 15 divisions as part of its turnaround strategy, according to reports.
Shareholders advised to take 20p per share following Cobra takeover
Directors at Cobra have this afternoon reached an agreement over the protracted takeover by the Stephen Burrows-backed Alto Intermediary Group.
Crawford team allowed access to homes following Oldham explosion
Crawford & Company's major loss team has been among the first from the industry to visit homeowners in Oldham, following an explosion which claimed the life of a two year-old boy.
Challenging conditions for loss adjusters in the wake of 2011's nat-cats
Difficulty sharing information, lack of access to affected areas and cultural differences hampered loss adjusters in the aftermath of 2011's devastating natural disasters, according to industry insiders.
Future flooding could spark rates hike as adjusters work around the clock
Claims teams called into action following extreme weather conditions across parts of the UK have vowed to continue focusing on the worst hit areas of Northern Ireland, Leicestershire and Newcastle.
RSA takes on ex-Aviva man Thomas as GSL sales director
RSA has poached former Aviva corporate risk solutions boss Owen Thomas, handing him the role of sales director in the firm’s recently reshaped global speciality lines business.
Crawford hands Devall the reins to London-fronted business in the US
Crawford & Company has appointed veteran London market executive James Devall to lead the company's London-fronted business in the US.
RSA considers expansion in Indonesia, Malaysia and the Philippines
RSA may consider opportunities to expand its presence in Indonesia, Malaysia and the Philippines following an Asian restructure last week.
RSA looks to resolve 'dysfunctional motor market' following Co-op deal
RSA has sealed a bilateral agreement to settle outstanding motor recoveries with The Co-operative Insurance, in a deal which chief executive Adrian Brown said will help resolve industry issues surrounding the UK's "dysfunctional motor market".
HSB poaches Abu Dhabi-based construction specialist
HSB Engineering Insurance has recruited Jim Whitmore to the role of loss control engineering manager for construction.
Labour MP demands protection for 'not-at-fault' drivers
Shadow transport minister John Woodcock is calling on insurers to do more to protect motorists against premium hikes if they are involved in a crash that was not their fault.
Information essential to spur cyber market growth
Better research data and an incentive system could galvanise Europe's cyber insurance market, a report from the European Network and Information Security Agency claims.
ABI agreement ensures insurance-seeking motorists must quote licence number
The Association of British Insurers is hopeful of reducing fraud after reaching an agreement with the DVLA under which motorists must reveal their driving licence number when applying for insurance.
Cyber insurance market could ease European digital risk fears
European businesses have been warned that the traditional cover offered by the continent’s insurance providers may not comprehensively address digital risk.
HSB hires construction expert from Abu Dhabi firm
HSB Engineering Insurance has appointed Jim Whitmore to the role of loss control engineering manager for construction.
Reynolds Porter Chamberlain to open in Hong Kong
Law firm Reynolds Porter Chamberlain will open a Hong Kong office in August with another former Clyde & Co partner among the ranks.
Aviva completes deal with Guidewire on commercial business
Aviva has selected Guidewire's PolicyCenter as its new underwriting and policy administration solution, and ClaimCenter for its core UK commercial business.
Indonesia's economic stability fuels non-life growth
Indonesia's solid economy is fuelling growth for a developing non-life insurance market, well supported by domestic consumption and investment which is offsetting a weaker international environment, according to ratings agency AM Best.
Olympic Countdown: Q&A with Richard Kruse
With less than four weeks to go to the games, Beazley-sponsored fencer Richard Kruse talks to Post about his Olympic ambitions.
Giles recruitment drive continues apace as northern MD is drafted in
Giles is back on the recruitment trail following the appointment of Paula Williams as regional managing director for the north of England, as chief executive Brendan McManus continues to reshape his management team.
July date set for £143m Hardy and CNA merger
CNA's acquisition of troubled Lloyd's insurer Hardy is expected to come into effect on 2 July.
Chartis brand to be dumped as AIG returns to P&C market in the autumn
AIG is to resume using the brand it dropped in favour for Chartis for its international property and casualty business.
Willis creates new marine division in Singapore
Broker Willis has extended its risk management consultancy operations in Asia with the formation of a marine technical services division in Singapore, and has recruited Sau Weng Tang to spearhead the expansion.
AA inundated with claims after freak hail incident
AA Insurance has received 29 claims for cars damaged by hail in and around Leicester today.