News
Axa unveils loss adjuster panels for property claims
Axa has named four loss adjusters on two panels to deal with commercial property and household claims.
Thomas Miller buys majority stake in Osprey
Thomas Miller has acquired a majority shareholding in marine and aerospace insurer Osprey Holdings.
Business minister Javid helps mark London opening of Aon's global HQ
Secretary of State for Business, Innovation and Skills Sajid Javid MP joined Aon CEO Greg Case in the opening of the broking giant’s new global headquarters in The Leadenhall Building last night (14 October).
AIG appoints two independent directors in Singapore
US-headquartered insurance giant AIG has made its first independent director appointments to its Singapore board.
IAG scraps China expansion plan
Insurance Australia Group has changed its plans to expand its brand in China after shareholder concern.
RAC unveils telematics policy for young drivers
The RAC has launched a new telematics product aimed at younger drivers who are looking to reduce the cost of their insurance premiums.
FCA cancels broker's permission to carry out regulatory services
The Financial Conduct Authority has banned AAA Insurance from carrying out regulatory services work.
Ghost broker jailed for three years
A Barking man has been jailed for three years for selling fake motor insurance policies to criminals.
Emapsite launches geo-coded subsidence model
Data services provider Emapsite has launched a geo-coded perils model enabling insurers and underwriters to assess the subsidence risk for every property in the UK.
You Gov research highlights lack of smartphone insurance
Despite the UK having the highest levels of smartphone ownership in the world, only around one fifth of users have insurance for their device, according to new research from You Gov and Assurant Solutions.
Chairman of Australian regulator linked with FCA top job
The chairman of the Australian regulator Greg Medcraft has reportedly been approached by the Financial Conduct Authority with a view to taking over as CEO of the UK watchdog.
A-plan to target specialty brokers
A-Plan Insurance CEO Carl Shuker has confirmed the company is looking to go on the takeover trail following the appointment of Jonathan Hartley as acquisitions manager.
Ageas and Virgin Money launch partnership
Ageas UK and Virgin Money have launched their home and motor strategic partnership that was announced in 2014.
Telematics data proves collusion in crash-for-cash case
A judge in Doncaster has thrown out a motor claim after GPS from a telematics device supplied by the insurer showed the motorists involved had staged the accident.
Timmins leaves Das as COO role made redundant
Das chief operating officer Paul Timmins is to leave the company due to his role being made redundant, a spokesman has confirmed.
Insurance fraudsters operating cross-sector, research finds
Fraud data from other sectors can help insurers identify and tackle policy application and claims fraud, reducing the financial impact of insurance fraud on the industry and genuine customers, according to a new report from Cifas and Hill Dickinson,…
Capita bid of £412m recommended by Xchanging board
The board of Xchanging has recommended that shareholders accept a £412m bid for the company that has been lodged by Capita.
Airlines warned about dangers of Syrian conflict as MH17 inquiry concludes
International air safety agencies have warned that passenger airliners could be at risk from long-range Russian cruise missiles being fired at Syria.
MP launches new Bill for psychiatric harm fairness
A new Private Members' Bill published this week calls for greater fairness for bereaved people and victims of psychiatric harm.
Serious injury guide potential precursor for future claimant and defendant engagement
The Association of Personal Injury Lawyers is hopeful partnering with insurers on its serious injury guide will pave the way for future positive collaboration between the historically opposing claimant and defendant sides of the industry.
RSA launches fleet app for SMEs
RSA has launched a smartphone app for SMEs with fleets of up to 15 vehicles aimed at helping them reduce their operating costs and to promote safer driving.
Cycle of hurt to continue for motor insurers despite raised rates
The cyclical nature of the UK motor market is set to continue, despite the industry recently witnessing the biggest spike in premiums for the past five years, insurers have been warned.
Career Development: Royal tribute to Open and Direct’s Laverty
John Laverty, retail network manager for Open and Direct, has been honoured with a British Empire Medal at a ceremony in Hillsborough Castle and Gardens.
Career File: Peter Harmer: IAG Labs boss to step up as CEO as Harmer steps down
Peter Harmer, CEO of IAG Labs, is to become managing director and CEO of Insurance Australia Group on 16 November.