News
FCA to publish whistleblowing guide
Financial Conduct Authority chief executive Martin Wheatley has confirmed the watchdog will be publishing a guide to whistleblowing but has dismissed claims it is part of the regulator's thematic projects.
Treasury unveils final Insurance Bill
HM Treasury has today introduced the long-awaited Insurance Bill to reform commercial contracts, and better equip UK firms to compete against their international peers.
Zurich promotes Cohen to head of GI customer and distribution
Zurich has promoted Patrick Cohen to become head of customer and distribution for its general insurance business.
RK Harrison unit handed chartered status
RK Harrison’s UK retail division has been awarded chartered broker status by the Chartered Insurance Institute.
Dual appoints Naveda to UK financial lines team
Dual has appointed global developer and senior underwriter Juan Naveda to its newly combined Dual Financial Lines UK division, part of Dual Corporate Risks.
'Watered down' claims reforms set for Parliament
The Treasury is set to introduce a diluted version of a long-awaited insurance Bill to Parliament later today that drops the potential for claimants to pursue damages over delayed claims payments.
Environmental guarantees sought as Costa Concordia prepares for final voyage
France’s environment minister is seeking environmental assurances from her Italian counterpart before giving permission for the Costa Concordia to be towed past the French island of Corsica on its way to Genoa for scrappage.
Axa introduces real time pricing to Simple product range
Axa commercial lines and personal intermediary has introduced real time pricing to its simple product range on the Powerplace platform.
National Accident Helpline targeting November for first dividend
National Accident Helpline has outlined plans to pay its first interim dividend to shareholders later this year in a trading update issued to the London Stock Exchange this morning.
Gable inks £10m Risk Alliance deal
Lichtenstein based non-life insurer Gable has completed a deal to write commercial business on behalf of UK commercial broker Risk Alliance Group.
Suncorp signs motor claims agreement with Solera
Australia and New Zealand based financial services group Suncorp signs exclusive motor claims agreement with software provider Solera.
AM Best assigns 'A-' rating to Starr Property & Casualty (China)
Following completion of Starr's purchase of the controlling stake in Dazhong Insurance, the renamed entity Starr Property & Casualty has been assigned an 'A-' rating.
Digital customers to almost double in Hong Kong, says Bain & Co.
According to international management consultancy Bain & Co. Hong Kong's insurers should invest more in digital to keep up with customers' demands.
McCafferty ‘outstanding candidate' for Flood Re role, claims Woolgrove
Interim Flood Re chief executive Tom Woolgrove says newly appointed permanent CEO Brendan McCafferty has a unique set of skills to get the scheme across the line.
DLG seeks action on PCWs' ranking of monthly premiums
Direct Line Group is calling for greater clarity around the way price comparison websites rank premiums when a consumer has opted to pay monthly.
Aviva personal property boss Stead one of three RSA PL hires
RSA has bolstered its UK personal lines underwriting and pricing team with the addition of Aviva’s Paul Stead and internal appointments Daniel Venner and Ian Bostock.
Biba calls for level playing field for aggregators
The British Insurance Brokers' Association is urging the Financial Conduct Authority to act on the findings of its thematic review of price comparison websites by ensuring aggregators meet customer expectations.
Aggregators cautious on FCA review
Price comparison websites have been muted in their response to the Financial Conduct Authority’s thematic review of the sector, which saw the watchdog warning that aggregators were falling short.
Customer satisfaction index ranks LV as best performing insurer
LV and Saga Insurance were the insurance industry’s sole representatives in the top 50 organisations listed in the Institute of Customer Service’s UK customer satisfaction index.
UK General signs three-year warranty deal with Autoguard
Leeds-based insurer UK General has signed a three-year deal with vehicle warranty provider Autoguard.
Paymentshield's McCafferty appointed Flood Re boss
Paymentshield commercial director Brendan McCafferty has been appointed Flood Re chief executive and will take up the role in Q4 2014.
CFC launches IP cover for small businesses
Specialist underwriting agency CFC has launched a new intellectual property product targeting small and medium sized companies.
Post magazine – 17 July 2014
The latest issue of Post Magazine is now available for Post subscribers. Download the latest Post iOS App Edition on the App Store or read the Post Digital Edition online.
Ecclesiastical promotes O’Riordan to replace retiring reinsurance boss Jones
Ecclesiastical has promoted internally to replaces its departing group head of reinsurance Andrew Jones.