News
How are social media and mobile going to impact insurance distribution?
In today’s increasing digital market, the proliferation of new channels, products, services, and alternative players, is forcing Insurers to revisit their distribution strategies in order to understand the role of digital opportunities in closing the gap…
Bollington hires two account managers in Scotland
Bollington has secured further expansion within its Scottish operation with the appointments of two experienced account managers based in the region.
Helvetia appoints new head of investor relations
Switzerland’s Helvetia Group has appointed Susanne-Christina Tengler as its head of investor relations.
Insurers facing flurry of credit crunch professional negligence claims
City law firm RPC has warned insurers to brace themselves against a flood of 11th hour professional negligence claims relating to the build-up to the financial crisis.
Co-op appoints Deutsche Bank for GI sale
The Co-Operative has recruited Deutsche Bank to lead the sale of its general insurance operation with a price tag of more than £650m, according to reports.
Bluefin recruits Aon's Hook as HNW boss
Bluefin has named Aon Private Clients' head of wealth protection Steve Hook as its new high net worth leader.
Willis acquires Prime Professions
Willis has acquired professional indemnity insurance broker Prime Professions.
Telematics and insurance: What opportunities exist in a burgeoning market?
The telematics market of 2013 looks vastly different to that of years gone by.
Market losses support improvements to flood and windstorm database
Catastrophe insurance data provider Perils has updated the property sums insured exposed to UK flood as part of an update to its Europe Industry Exposure Database.
Cyber attack readiness on the rise says QBE
Over two-thirds of UK businesses have plans in place for combating cyber crime and data breaches according to QBE.
Outlook for reinsurers challenging, says Willis Re
$35bn of capital flowing into the reinsurance industry is helping keep reinsurance renewal prices low says Willis Re in its latest report.
Marsh launches charities' D&O cover for Singapore
Global broker Marsh is now providing a directors and officers' liability policy for charities including religious organisations.
Global insurer body calls for more foreign investment in India
The Global Federation of Insurance Associations is encouraging the Indian government to take steps to open up the insurance market further.
Cause of bird flu deaths in China unknown
Two people have died in Shanghai of H7N9, a strain of avian influenza virus, with another woman critically ill.
April Fool's: Pet-gender to have no bearing on insurance premiums
Fear not animal lovers, the gender of your beloved pooches and kittys will not impact the cost of their insurance.
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Cheap pet insurance under threat by EU Gender Ban after Austrian test case
Four months after gender was banned as a factor in setting premiums for motor insurance, Post understands its remit could soon be extended to impact pet owners.
Diversity could result in economic benefits for insurers
Insurers can reap economic benefits by creating diversity-friendly office environments, according to new lesbian, gay, bisexual & transgender insurance network, Link.
Hyperion boss eyes further growth in Asia
Hyperion Group hopes the expertise of new shareholder General Atlantic will provide a springboard for further growth in emerging Asian markets, according to its chief executive officer.
Jackson reforms call for new approach around legal costs
Insurance market needs to take a more innovative approach to ensure adequate protection is still on offer following the introduction of the Jackson reforms, First Assist Legal Protection said.
Munich Re to develop geothermal exploration insurance in Turkey
Munich Re and The World Bank’s International Financial Corporation have agreed to develop geothermal exploration risk insurance in Turkey.
Cega signs quartet of Q1 partnership deals
Medical assistance provider Cega inked deals with four new clients, including Aviva, in the first three months of 2013.
Cornish Mutual profit exceeds £2m
Truro-based insurer Cornish Mutual has reported a 9% increase in gross written premium to £19.2m (2011: £17.6m) in the full-year to September 2012.
New regulator reveals 12-strong board
The 12 new members of the Financial Conduct Authority board have been named ahead of the new twin-peak regulatory system taking over from the Financial Services Authority on 1 April.