News
View from the top: Exceeding expectations
The debate over short-termism and shareholder value that has been echoing around the nation's boardrooms of late, could and should have a profound impact on the way we promote customer service.
Insurers urged to keep up pressure
Lloyd's has warned there is still "more to do" to drive down the Solvency II capital requirements despite the European Commission's move to ease the burden under the latest quantitative impact study.
Allianz claims manager is Bicma president
The Bodily Injury Claims Management Association has named Bob Rabbitts as its new president after Norman Cottingham stood down.
MGA chief scoffs at PI 'lemmings'
Lloyd's insurer Amlin has backed a new underwriting agency which has been set up by the former chief executive of HCC International, Charles Manchester.
Editor's comment: Industry must not lose face under ash cloud
The volcanic ash that has grounded many passengers over the last week has certainly thrown the insurance industry into the spotlight again. With thousands of flights cancelled and people left stranded all over the world, the issue of travel insurance…
Dawson Whyte pub gig
Belfast-based broker Dawson Whyte has been appointed to provide support to members of Northern Irish pub body, The Federation of the Retail Licensed Trade.
Mixed response to volcano
Travel insurers, including Mondial Assistance and Virgin Money are refusing to pay out after the Icelandic ash cloud, classing it as an "act of God" or "natural disaster".
Top 5 Post stories
The top five most popular stories on postonline.co.uk over the last week were:
Mutuals welcome Lib Dems manifesto nod
The Association of Financial Mutuals has welcomed the Liberal Democrats' vow to support the mutual sector in playing a larger role in the future of financial services, if the party forms part of a new government.
Apil chief to warn members over Jackson
The next 12 months will be "critical" for personal injury lawyers and their clients, according to the new president of the Association of Personal Injury Lawyers.
White Oak planted
White Oak Underwriting Agency has commenced underwriting, initially targeting the automobile and mobile equipment industries.
Car insurance rises again
The price of car insurance rose by 4.3% during the first quarter of 2010, research by Confused and EMB has shown.
Aviva pensions proposal
Aviva has entered a consultation with its UK employees, including RAC staff, regarding proposals to end its final salary pension scheme.
Broker dumps Willis and undergoes MBO
Glasgow broker Orr Kerr Dykes has expanded its operations with the opening of a sales branch in Stirling following the completion of a management buyout.
Waiting game for Quinn staff over UK comeback
Quinn Insurance should discover whether it can begin underwriting UK business again by the end of the week, Post understands.
Volcano fallout not expected to hit insurers
Insurers are unlikely to have significant exposure to billions of dollars in lost revenue caused by the eruption of an Icelandic volcano, industry experts have claimed.
Capita insurance chief quits after six months with 'job done'
Capita's Matthew Briggs is poised to leave the outsourcing firm less than six months into his role as chief executive of the insurance services division.
Towergate creates two PLCs and appoints IPO specialist
The Towergate Partnership has instructed an international corporate law firm to help it oversee a financial restructuring of the business including the formation of two "public-limited company" operations, Post has learnt.
Bluefin director joins Henderson
Henderson Insurance Brokers has appointed Gordon Brain as group broking director, based at the company’s Leeds head office.
Henderson in Leeds acquisition
Henderson Insurance has acquired Leeds-based Denney O’Hara (Life and Pensions) and Denney O’Hara for an undisclosed sum.
Airline body slams lack of co-ordination over volcanic groundings
The International Air Transport Association has criticised European governments for what it claims is a "lack of leadership in handling airspace restrictions in light of the Icelandic volcano eruption". It urged a re-think of the decision-making process.
Rainbow first to offer BDMA standards guarantee
A new initiative said to guarantee that all insurance restoration work will be carried out to exceed British Damage Management Association standards has been launched by Rainbow International.
Waterland to buy MetLife Taiwan for $112.5m
Waterland Financial Holdings to pay cash for the Taiwan business of the US life insurer as more insurers exit the country.
Airline body slams lack of co-ordination over volcanic groundings
The International Air Transport Association has criticised European governments for what it claims is a "lack of leadership in handling airspace restrictions in light of the Icelandic volcano eruption". It urged a re-think of the decision-making process.