News
Covéa looks to extend commercial lines growth following schemes hire
Covéa Insurance has appointed former Hiscox regional manager Bill Guiney as schemes account manager.
SSL unveils cost cutting plans for third party collision claims
Specialist loss adjuster SSL Claims has launched a new service to adjust third-party motor collision claims.
Hiscox launches private client offering
Hiscox has launched a new private client agency, which will operate as a wholly-owned tied agency offering the insurer’s products.
More than 'token gesture' required for mis-selling insurers, claims Biba
The British Insurance Brokers’ Association has responded to the latest Financial Services Authority’s funding consultation by calling for insurers to be re-introduced to cross subsidies in more than a token way in the Financial Services Compensation…
Midas launches non-standard personal motor products
Midas Underwriting has lifted the curtain on two new non-standard personal motor products aimed as performance cars and classic sports cars.
Markel Germany hires Aon credit manager
Markel International has hired trade credit specialist Frank Burghardt.
Axa Assistance and the Co-operative strike motor breakdown deal
Axa Assistance and the Co-operative Insurance have signed a new deal extending their motor breakdown and accident assistance scheme, on their 25th trading anniversary.
Marsh restructures to better serve large corporates
Marsh said today that plans to merge several business units “to further focus on meeting the evolving needs of its largest clients worldwide”.
Claims Awards 2013: Do not miss out, start your entry today
There is just under two weeks to go until the deadline for the 2013 Claims Awards (Friday 1 March), so do not waste any time if you want to be considered for these prestigious accolades.
Clements grows European footprint with Italsure acquisition
Insurance service provider Clements Worldwide has acquired UK-based expat insurer Italsure.
Crash for cash killers to serve 32-year jail-term as "stark warning"
The legal team appointed by the insurer of a female motorist who became the UK’s first crash for cash fatality is hopeful that the lengthy custodial sentence handed down to those responsible will serve as a “stark warning”.
AIG acquires remaining stake in Israeli JV
American International Group has reached an agreement with Aurec Gold Investments to acquire the remaining 49.99% interest in AIG Israel Insurance Company.
Willis COO Ghezzi departs in cuts programme
Willis chief operating officer Gioia Ghezzi is to leave the firm as part of plans to cut 200 jobs across the business.
Russian meteor damaged "more than 3,000 homes"
A meteor that exploded over the city of Chelyabinsk in Russia's central Ural Mountains on Friday 15 February injured hundreds and damaged to buildings in six cities.
A G Doré launches A&H portfolio
Lloyd’s A G Doré & Others Syndicate 2526 has launched a new portfolio focusing on accident and health cover.
'Fully-valued' RSA on course for 95% COR
A poor claims experience on RSA's Motability book will see the insurer pushing for "significant rate increases" as it renegotiates the three-year contract this year.
Laspo and new MoJ consultation to create litigation funding gap
Claimants without legal expenses insurance will face significant deductions from damages from the introduction of Legal Aid, Sentencing and Punishment of Offenders Act and findings from the Ministry of Justice’s consultation on law firms' cost recoveries…
Liberty Mutual unveils new general manager
Liberty Mutual Insurance has appointed Neil Findley, to the newly created role of general manager for the regions.
Towers Watson adds to M&A team in Singapore
Professional services firm Towers Watson has appointed Alan Merten (pictured) as director, risk consulting & software, and a member of its Asia Pacific leadership team.
Halifax warns of £32bn technology insurance black hole
More than one in 10 people do not have sufficient insurance for their technology devices, creating a £32bn insurance black hole, according to the Halifax.
Meteor damages 3000 Russian homes and businesses
Broken glass from the impact of a meteor has damaged more 3000 homes and businesses in Russia.
Landslides and floods in Indonesia kill 15
Seven hamlets were left devastated by landslides and floods in Manado, the capital of North Sulawesi province in Indonesia, after torrential rain.
United India Insurance targets rural retail growth
The United India Insurance chairman and managing director wants to increase premiums to 10bn rupees ($1.84bn) by the end of the fiscal year.
Novae seeks insight into the future of insurance
Novae Group has launched its first industry survey into the future of the insurance industry.