News
Volkswagen's coverage questioned as £4.7bn is earmarked for emissions scandal
Volkswagen is unlikely to be able to rely on insurance to protect it from exposure relating to falsified US emission tests in particular diesel models of its vehicles, loss adjuster Cunningham Lindsey anticipates.
Foil backs personal injury court fees exemption
The Forum of Insurance Lawyers has welcomed the UK government’s proposals to exempt personal injury claims from any planned further increase in court fees.
Video: The Co-operative Insurance directors James Hillon and Charles Offord
The Co-operative Insurance directors James Hillon and Charles Offord tell Post about the business's transformation plans.
AGCS promotes Kirwan to UK CEO
Brian Kirwan has been promoted to UK CEO of Allianz Global Corporate and Specialty effective from 1 October.
Swiss Re's Admin Re unit buys Guardian Financial Services
Swiss Re’s business unit Admin Re has agreed to acquire closed life insurance fund consolidator Guardian Financial Services from private equity firm Cinven for £1.6bn.
Axa and RSA mini-fleet products added to Applied Systems' panel
Applied Systems is expanding its commercial lines panel with the addition of mini-fleet products from Axa and RSA.
Brit increases US exposure with Ambridge Partners investment
Brit has made a strategic investment in long-time trading partner Ambridge Partners.
Penny Black's Insurance Week - 24 September 2015
Penny is a huge fan of the oval ball and was first in the queue to wear the rose and make our boys giants in the Rugby World Cup, being held in England and Wales this year.
Man handed four-year jail term for £170,000 PPI fraud
A 31-year-old man was jailed for four years at Newport Crown Court on 21 September for defrauding £170,000 from 1500 people through an unauthorised payment protection insurance claim-back scheme.
Hester surprised at Zurich deal collapse
RSA group CEO Stephen Hester has confessed his shock at Zurich's decision to break off talks about an acquisition of the company.
Insurers wary of increased costs following Enterprise Bill proposal
Question marks have been raised over a proposed measure in the Enterprise Bill that could see insurers pay general damages to policyholders that have suffered additional loss because of an unreasonable delay in payment.
FCA names Philippou as COO
Georgina Philippou has been named as the new chief operating officer at the Financial Conduct Authority.
Career Development: CILA praises loss adjuster’s training support
The Chartered Institute of Loss Adjusters has awarded the first training accreditation to Cunningham Lindsey for its professional qualifications training support scheme.
Insurers must increase touch points to overhaul negative customer perceptions
Insurers need to increase the frequency of their interactions with customers, be more transparent, and develop products consumers genuinely value if they are to overhaul negative customer experience ratings, according to industry insiders.
Career Development: Allianz welcomes students
Allianz has welcomed its second intake of students onto the newly created one-year placement scheme.
Career File: Greg Gladwell - Ex-Crawford boss resurfaces at Innovation Group
Former Crawford & Company UK and Ireland CEO Greg Gladwell has resurfaced at Innovation Group where he has taken on the role of UK property managing director.
Market Moves - 24 September 2015
Who has moved where in the world of insurance this week?
Turnover and profits increase in 2014 at Higos
Higos Holdings, the owner of broker Higos Insurance Services, has posted an increase in UK turnover and operating profits for 2014, according to documents filed at Companies House.
Lemans steps up as interim Ageas Retail Direct MD as Corfield departs
Ageas has named retail finance director Nick Lemans as interim managing director for Ageas Retail Direct following Peter Corfield’s decision to exit the role.
Generali appoints first graduate scheme winners
Generali has hired 20 young adults as part of its first Global Graduate Program.
Legal market consolidation tipped to continue despite insurers' concerns
Insurers' concerns over declining service levels are unlikely to quell an uptick in mergers and acquisitions activity in the insurance law market, as legal firms battle to obtain market share and establish more sustainable operating margins.
Argo Global hires senior underwriter for French push
Argo Global, the specialist European insurer and member of Argo Group, has appointed Gabriel Rodrigues as senior underwriter for professional lines, France.
RAC picks Hood Group to launch travel insurance product
The RAC has appointed affinity insurance provider Hood Group to launch its new travel insurance product.
Lloyd to lead AA’s insurance services following management restructure
The AA has reshuffled its management team as part of its transformation programme in a bid to increase focus on the customer and simplify management structures.