News
Quiz of the week - 2 October 2015
It's quiz time. Test your knowledge of the week's insurance news.
FCA mulling deadline for PPI complaints
The Financial Conduct Authority is to consult on the introduction of a deadline for consumers intending to make a payment protection insurance complaint.
Insurance Fraud Awards 2015: Scott Clayton and Aviva among winners
Scott Clayton, claims fraud and investigations manager at Zurich, was cheered to the stage when he won the achievement award at the 2015 Fraud Awards last night.
Willis sells stake in Miller to US giant
BB&T IHC International is buying a 16.9% stake in Miller Insurance from Willis for an undisclosed sum.
Tan takes on MPI Generali CEO role
Malaysia's MPI Generali Insurans has appointed veteran Oliver Tan as its CEO.
Swiss Re's insurance arm buys Australian aviation business
Swiss Re Corporate Solutions has bought the whole of Assetinsure Holdings' aviation business for an undisclosed sum.
Parabis in talks with Davies over sale of loss adjusting businesses
Parabis Group is in talks to sell its liability and property loss adjusting businesses to Davies Group, Post understands, amid a strategic review by the legal and professional services organisation.
Chilton focused on moving Gallagher away from ‘opportunistic' M&A
Arthur J Gallagher International CEO Grahame Chilton wants to change the broker's M&A tactics to become more strategic following its previous "opportunistic" approach.
Biba teams up with Syndicate DTW1991 for holiday travel scheme
The British Insurance Brokers' Association's holiday travel scheme has been transferred to Syndicate DTW1991 at Lloyd's.
Markerstudy completes fifth 2015 acquisition with AA Autowindshields deal
Auto Windscreens has completed its acquisition of AA Autowindshields resulting in 200 staff joining the Markerstudy group.
OIM Underwriting enveloped into Pen brand
OIM Underwriting has rebranded to Pen Underwriting with the OIM teams known as Pen Delegated Soultions.
Lloyd's broker ATL eyes team and client captures following rebrand
The business formerly known as Atlantic (UK) Brokers is making a concerted push into the energy market after rebranding at ATL Marine & Energy.
CFC to offer clients free Cyber Essentials
Specialist lines underwriting agency CFC will provide its clients with free Cyber Essentials certification through its newly launched cyber portal.
Allianz names new loss adjuster panel following FCA review
Allianz has announced its new panel of loss adjusters following a thorough tender process.
GRP's property owners MGA secures HDI Gerling-led capacity deal
Global Risk Partners’ property owners managing general agent European Property Underwriting has secured a capacity arrangement led by HDI Gerling, with major co/reinsurance input from Liberty Mutual Insurance and Swiss Re Corporate Solutions.
Climate Wise CEOs call for more action to slow climate change
The leaders of 15 Climate Wise members have written to the governor of the Bank of England Mark Carney and the Prudential Regulation Authority for more collective action to reduce the risk of climate change impacting society and, ultimately, the…
Video: Tackling the emerging threat of commercial lines fraud
Employers’ and public liability are areas that have increasingly become targets for fraudsters, amid a crackdown on personal lines fraud by the general insurance industry and the regulator.
SMEs' concerns over competition increasing, Zurich research finds
Small and medium-sized enterprises globally are increasingly concerned about the impact of competition on margins and a lack of consumer demand, according to Zurich's third annual global SME survey.
Vincenz takes up post as Helvetia chairman
Pierin Vincenz has today (1 October) taken up the role of chairman of the board of directors at Helvetia group.
Principal Insurance buys Kendal-based Marsh broker
Principal Insurance has acquired Marsh's Kendal-based motor broking business with all six staff transferring with the business.
Impact Forum: Insurers need to reclaim the aviation market
Insurers need to regain control of the aviation market before it is too late, according to Olivier Marre, senior vice-president of aviation at Allied World.
IT staff unconvinced on need to invest on cyber insurance
Nearly half of IT professionals polled by a software firm thought there was “insufficient need” to invest in cyber insurance.
Ageas keeps ties with Volkswagen after emissions scandal
The Volkswagen emissions scandal is to have no impact on its partnership with Ageas, the insurer has confirmed.
FCA sees 13.6% drop in GI complaints
Complaints to the Financial Conduct Authority about general insurance and "pure protection", a group that includes payment protection insurance, decreased by 13.6% in the first half of 2015.