News
Aon pair jump ship to join Miller marine team
Miller has appointed Heather Clarkson and Rick Kerr in a bid to bolster its marine hull business production, broking and account handling capabilities.
Covéa looks to Zurich for personal lines hires
Covéa has appointed two Zurich employees as key account managers in its personal lines distribution team.
Insurers urged to engage customers or risk losing them to rivals
Customers are acutely sensitive to negative experiences with insurers and many would write off a provider after a single bad experience, according new research by Thunderhead.
Allianz promotes White to engineering role
Allianz Engineering has appointed Claire White to engineering underwriting account manager.
Cunningham Lindsey launches fleet repair network
Cunningham Lindsey has launched a motor repair network for the fleet market which includes access to 80 repair centres across the UK.
Ex-Which? Money editor launches Fairer Finance campaign group
The former money editor of Which? has unveiled a new consumer campaign group targeting banks and insurers.
Eric-insured flood victim denied payout
A Wiltshire flood victim has been denied an insurance payout because the policy was underwritten by unlicensed Icelandic insurer European Risk Insurance Company.
Broker Network extends Zurich partnership
Broker Network has renewed its partnership deal with Zurich – a relationship that has lasted more than 15 years.
Equity Syndicate reports 12.6% capacity loss for 2011
Equity Syndicate 218 has closed its 2011 account year with a 12.6% loss of capacity.
Allianz agrees asset deal with Italian insurer Unipol Sai
Allianz is to buy part of Italian insurer Unipol Sai Assicurazioni’s property and casualty business in a deal worth up to €440m (£367m).
Utley buys ‘Beckingham Palace’ for £11.5m
Hastings Direct chairman Neil Utley has bought the Hertfordshire home of David and Victoria Beckham for £11.5m.
Innovation Group completes LAS buy
Claims management business The Innovation Group has completed the purchase of LAS.
Hong Kong's premiums rose 14% in 2013
Total gross premiums of the Hong Kong insurance industry in 2013 were HK$290.7bn ($37.4bn), an increase of 13.9% over 2012 according to provisional statistics from the Office of the Commissioner of Insurance.
NFU Mutual doubles underwriting profits for 2013
NFU Mutual has reported underwriting profits have more than doubled for 2013, with returns climbing to £120m.
Willis' Hearn appointed Liiba chair
Willis Group’s deputy chief executive officer Steve Hearn has been elected chairman of the London & International Insurance Brokers’ Association.
ABI agrees expanded £11.7m Ifed investment
The Association of British Insurers has agreed to invest £11.7m in the City of London Police’s Insurance Fraud Enforcement Department over three years.
Allianz to pay Argos-parent £11m for warranty products
Allianz is to pay Argos-owner Home Retail Group £11m under a profit share agreement relating to the run-off of warranty insurance policies.
Video: Octo Telematics: The future of the motor insurance market
Telematics is one of the latest insurance buzzwords. Its use in vehicles is being touted as one of the keys to the future of the motor manufacturing market and, therefore, the future of the insurance motor market.
CFC launches cover for not-for-profit sector
Specialist underwriting agency CFC has launched an insurance solution for the not for profit sector.
Elliptic to offer insurance payout in Bitcoins
Bitcoin storage provider Elliptic will offer customers the option to be compensated for loss of stored funds in Bitcoins from today.
Allianz's Mitchell eyes fast China growth
Mark Mitchell, CEO Hong Kong & Greater China, Allianz Global Corporate & Specialty has told Post the international insurer is gaining momentum in China.
Ping An's profit climbs 40%
Chinese insurance and banking group Ping An's profits climbed 40% last year.
Foil warns contract law reforms lack detail
The Forum of Insurance Lawyers has hit out at planned reforms of law governing contracts between policyholders and insurers.
Swinton Commercial acquires Cleethorpes-based consultant
Swinton Commercial has purchased Cleethorpes-based CH Turner Insurance Consultants.