News
Claim Experts appoints South East regional adjuster
Claim Experts has earmarked expansion in the South East following the appointment of Malcolm Bradley to manage the development of the company’s surveying operations.
Marsh warns firms over failure to validate coverage levels
Many organisations are failing to validate the limits of liability they require for their natural catastrophe insurance programmes, according to broker Marsh.
Axa Commercial fills three top roles
Axa Commercial Lines has named Mandy Langton (pictured) as head of product development and has promised to bring new products to market.
XL rebrands and targets Brazil office
XL Group has launched a new global brand and marketing campaign with a new logo and the tagline: “Make Your World Go”.
Ferma 2011: Risk managers face change
Risk managers face an environment of uncertainty and continuing change, Peter den Dekker, the President of the Federation of European Risk Management Associations, has warned.
Swiss Re announces board changes
Swiss Re wants Robert Henrikson, chairman and former chief executive officer of MetLife, to join its board at its AGM on 13 April 2012. He will succeed Robert Scott who is retiring.
Swiss Re announces board changes
Swiss Re wants Robert Henrikson, chairman and former chief executive officer of MetLife, to join its board at its AGM on 13 April 2012. He will succeed Robert Scott who is retiring.
XL rebrands and targets Brazil office
XL Group has launched a new global brand and marketing campaign with a new logo and the tagline: “Make Your World Go”.
Staddon resurfaces at Devitt
Former British Insurance Brokers Association head of technical services Peter Staddon has joined Devitt as broker personal lines executive director.
Ferma 2011: Risk managers face change
Risk managers face an environment of uncertainty and continuing change, Peter den Dekker, the President of the Federation of European Risk Management Associations, has warned.
Aviva Ireland restructuring could lead to job cuts
Aviva talks to Unite about restructuring plans in Ireland, which could lead to between 300 and 500 job losses.
Cobra records £1.7m full year loss
Insurance broker Cobra has announced a pre-tax loss of £1.74m including a goodwill impairment charge of £1.5m for 2010/2011.
Zurich stops writing NZ earthquake cover
Zurich New Zealand will no longer write any new earthquake cover following the catastrophes in Canterbury and Christchurch in February.
Davies boss reveals change of PE backer
Davies CEO Charles Crawford today confirmed to Post that a buyout agreement has been reached which will see Electra Partners replace Lloyds Development Capital as the firm’s private equity backer.
'Fake death' fraudster sentenced to six years
A callous fraudster who made a £520 000 claim to Ace Europe after faking his own death while in Honduras has today been sentenced to six years imprisonment.
Insurers “competitive but cautious” at Q3 renewals, according to Marsh
Despite significant insurance losses in the first half of the year, insurers remain “competitive but cautious”, according to global broker Marsh.
Marsh report points to 'stable rate environment'
Insurers have remained competitive but cautious despite suffering significant catastrophe losses in the first half of the year, according to a Marsh study.
OFT consults on motor insurance case amendment
The Office of Fair Trading has opened a consultation on an amendment to commitments offered by a number of motor insurance companies designed to address competition law concerns about the potential exchange of pricing data between competitors.
German insurers face endurance test, says S&P
German insurers are being tested by challenging conditions in the financial markets, according to Standard and Poor’s.
European contract law poll result
Does the European insurance market need an optional contract law?
Insurance Insight weekly update live
Insurance Insight’s weekly update is live with an article on International geocoding; and a View from the Top on the importance of collaboration and partnership for the modern broker.
BIS 2011: Industry warned over reliance on internet for information
“It is a danger to rely on publicly available information” the insurance industry has been warned by Ashwin Mistry, chairman of Brokerbility.
Zurich closes MAAB acquisition
Zurich Financial Services Group has completed the acquisition of 100% of the share capital of Malaysian composite insurer Malaysian Assurance Alliance Berhad.
Swiss Re chief becomes head of Climate Wise
Swiss Re director John Coomber is to become the new chairman of Climate Wise on 1 October.