News
DLG pricing projects boss Clarke named as Hall's NIG successor
NIG has hired Direct Line Group's head of pricing projects Justin Clarke as Martin Hall’s successor to the role of director of underwriting and pricing.
Cunningham Lindsey hires Griffin as head of forensic advisory services
Cunningham Lindsey has appointed Matthew Griffin as head of forensic advisory services within its major and complex loss team after moving from Cunningham Lindsey Australia.
Commission flexibility enhancement first of many for Axa's e-trade range
Brokers are expected to benefit from Axa Commercial Lines and Personal Intermediary’s decision to introduce commission flexibility to its e-traded simple product range giving intermediaries greater control over the commission they charge.
Quindell set to become billion pound business following Q3 growth
Quindell chairman Rob Terry believes a billion pounds of revenue is within his company’s grasp after delivering £200m of gross sales incorporating a 115% increase on revenue in Q3 to £198m (Q3 2013: £92.1m).
46 injured by Typhoon Vongfong as it heads towards Tokyo
The strongest storm to hit Japan this year reached Okinawa Island on Monday and is heading towards Tokyo.
Cyclone Hudhud kills at least five in East India
The cyclone arrived on India's East coast in the city of Visakhapatnam on Sunday (12 October) and killed five people.
Supplier for credit hire portal not 'formally selected'
Martin Andrews, director general of the Credit Hire Organisation, has clarified that the General Terms of Agreement technical committee has not selected a supplier for an electronic portal.
EY appointed liquidator for Northern and Western
EY has confirmed it was appointed provisional liquidator for Northern and Western Insurance Company.
DLG PL underwriting boss Mercier returns to Axa
Direct Line Group’s head of personal lines underwriting Neil Mercier has returned to Axa after three years at DLG.
Bluefin to acquire Scottish broker OKD
Bluefin is poised to buy Scottish intermediary OKD Insurance Brokers, Post understands.
Solvency II Delegated Acts published
The Solvency II Delegated Acts, published today, have been welcomed by Insurance Europe which says it is examining their impact on insurers and policyholders.
TT Club posts 92% combined ratio for H1
International transport and logistics insurer TT Club has recorded a combined ratio of 92% for the first half of 2014, driven partly by a decline in the number of claims.
Brokers urged to consider 'special method' for VAT calculation
Brokers could be missing out on sizable savings by using the standard model for calculating their VAT liaiblity, according to PFK Littlejohn tax partner Luigi Lungarella.
On demand web seminar: Mitigating insurance fraud at point-of-quote
Whilst the discussion about detecting and preventing fraud had previously been dominated by a focus on claims, as much attention is now starting to be paid to the point-of-quote and the challenges of handling the online interface.
Qdos joins Biba
Qdos Broker and Underwriting Services has become the latest firm to join the British Insurance Brokers’ Association.
Ten's growth plans spur move to new Manchester premises
Ten Insurance has moved to new premises in Manchester alongside plans to double its Manchester staff over the next three years.
Reinsurance tender under way as Flood Re prepares to name managing agent
Flood Re expects to appoint a retrocession broker for early December after publishing a tender for the reinsurance element of the long-term flood risk solution.
Weightmans turns to rivals to grow Glasgow headcount
Anderson Strathern partner Douglas Keir is understood to be the latest insurance specialist set to join Weightmans burgeoning Glasgow office.
ERS owner Aquiline splurges on US adjuster
Private equity house Aquiline Capital has announced a deal to buy one of the largest independent claims adjusters in the United States.
Comprehensive motor prices inching upwards says Towers Watson
The average cost of a new comprehensive motor policy in the UK has increased for the first time since 2011, according to Towers Watson, rising £3 to £582 in the third quarter of 2014.
Hong Kong insurance community celebrates at inaugural awards
Over 300 people attended the first Hong Kong Insurance Awards last night at the Harbour Grand Hotel, North Point.
Axa and Allianz lead insurance global brand race, says Interbrand
Axa is 53rd in the latest Best Global Brand rankings with Allianz only two places behind according to international brand consultant Interbrand.
AIG appoints Spaan as president and CEO Hong Kong
Rudi Spaan, head of broker and client management, Asia-Pacific at AIG to take on additional country roles.
Axa puts 31 jobs at risk with commercial direct restructure
Axa Commercial Lines and Personal Intermediary has restructured its commercial direct business resulting in 31 roles being placed on notice of redundancy.