News
Towergate recruits Richmond to customer experience role
Towergate has appointed Andrew Richmond to the newly created role of group head of customer experience.
Redundancies on the cards for QBE UK
QBE staff have been briefed about potential changes within the business including redundancies and the transfer of UK operations to the Philippines.
Keoghs axing 41 fraud roles
Insurance law firm Keoghs has put 41 roles at risk of redundancy across its fraud department, including four partners.
Carnegie-Brown named Money Supermarket chairman
Aon UK chairman Bruce Carnegie-Brown is to be appointed chairman of price comparison site Money Supermarket.
Gallagher appoints Hamilton-Cox to aviation division
United Insurance Brokers’ Chris Hamilton-Cox has joined Arthur J Gallagher as a director in its aviation division.
Former Aviva fraud team joins Hill Dickinson
The Hill Dickinson Counter Fraud Group has hired a five-strong Aviva fraud team following the closure of its Manchester office last month.
Lorega Solutions appoints Angus Tucker as CEO
Loss recovery insurer Lorega has appointed Angus Tucker as chief executive, and Martin Almond as chief operations officer, of its loss adjusting business, Lorega Solutions.
Aviva CFO Regan to join QBE in Australia
Aviva’s chief financial officer Pat Regan is leaving the group to join QBE as its CFO in Sydney, Australia.
Mered appointed chief claims officer at Zurich
Zurich has appointed Saad Mered to the position of chief claims officer for its general insurance business.
EY identifies 'rapid-growth' markets for insurers
According to EY's latest report, China, Mexico, Indonesia, Thailand and Columbia will provide insurers with long-term growth opportunities.
China's insurers double profits
In 2013, China's insurers more than doubled profits last year to 99.1bn yuan ($16.4bn). Total profits grew by 112.5%, according to the China Insurance Regulatory Commission.
Sliding motor premiums to halt soon, says AA
Continued falls in motor insurance premiums will like cease in the near future according to the AA.
Lancashire venture Kinesis commences underwriting
Lancashire Holdings subsidiary Kinesis Capital Management has underwritten its first tranche of reinsurance business for Kinesis Re with limits in excess of $250m (£151m).
Flood Re will cover domestic properties, ABI says
The Association of British Insurers has responded to claims from the property sector that Flood Re will exclude millions of homes by confirming the scheme will cover domestic properties regardless of whether they are freehold or leasehold.
MVP boss McCaffrey closes in on second broker investment deal
Minority Venture Partners chief executive James McCaffrey has played down comparisons between his newly launched broker investment vehicle and Towergate’s Cullum Capital Ventures, ahead of ploughing investment into a second provincial broker.
RSA opens Leicester trading site
RSA opened its eleventh trading site today, in Leicester, where commercial brokers will be able to trade locally with underwriters.
Admiral guarantees premium discounts for users of new app
Admiral teamed up with telematics provider Wunelli to launch its ‘AppyDriver’ smartphone app in a bid to reward safer driving with discounted premiums.
FCA warns on Saffron clone
A group of fraudsters have cloned the website and marketing materials of broker Saffron Insurance, according to a warning from the Financial Conduct Authority.
FM Global’s Batten gets global services role
FM Global has appointed Nicholas Batten as vice president manager of global services at the company’s US headquarters.
JLT’s Thistle Insurance makes six appointments
Thistle Insurance Services has made six appointments looking to brokers Oval, Towergate and Giles for its new recruits.
Novae energy team growing with Payne
Lloyd’s insurer Novae has appointed Marsh’s former senior vice president of offshore construction to bolster its energy business.
Kiln appoints Richter to German surety role
Kiln has appointed Werner Richter as regional head of credit, surety and special risk in Germany.
Property industry predicts millions will be excluded from Flood Re
Property industry leaders and the Council of Mortgage Lenders have said exclusions to Flood Re will leave millions of homes without access to flood insurance despite assurances from the Association of British Insurers that no more than 10 000 properties…
Transactor grows team with newly created roles
Insurance software provider Transactor says its growth rate has allowed it to make two hires to fill new roles for the business.