News
CEO Maso out, as Axa shakes up UK general insurance arm
Axa UK today announced changes to the organisational structure of its general insurance business in a move that will see it no longer needing a CEO of the general insurance business.
CEO Maso out, as Axa shakes up UK general insurance arm
Axa UK today announced changes to the organisational structure of its general insurance business in a move that will see it no longer needing a CEO of the general insurance business.
Antares appoints new risk manager
Antares has appointed Helen Chapman to the Legal, Risk and Compliance team of Antares Managing Agency Limited.
Aon launches water resiliance insurance
Anglian Water has purchased Aon’s insurance product for water utility companies, water resilience insurance.
German government gives local insurers a tax break
The German insurance trade association GDV has welcomed a move by the government to tweak its new tax regime.
Mondial calls on travel insurance industry to back anti-fraud efforts
Mondial Assistance is calling for fellow travel insurers to get behind efforts to tackle fraud as it reports its own successes in the past few months.
Munich Re launches solar panel cover
Munich Re has unveiled a new performance warranty for solar panels in the US.
Zurich settles $455m US class action
Zurich Financial Services Group has announced today that it and its wholly-owned subsidiary, Farmers Group, has agreed in principle to a proposed comprehensive settlement in the matter of Fogel vs. Farmers Group, a purported nationwide class action…
Home 3 launches home assistance with Homebase
Home 3 and home improvement retailer Homebase, are launching home assistance in selected Homebase stores today.
Mass urges Lord Young to put consumers first
The Motor Accident Solicitors Society has warned Lord Young that consumers must be a central element of his impending report on health and safety law.
LMA warns of over-regulation of Lloyd's
The Lloyd’s Market Association has warned the proposed regulatory system for the UK is being created around the banks which will make it over-engineered, unsuitable and unjustifiably costly for the general insurance industry.
German government gives local insurers a tax break
The German insurance trade association GDV has welcomed a move by the government to tweak its new tax regime.
Mondial calls on travel insurance industry to back anti-fraud efforts
Mondial Assistance is calling for fellow travel insurers to get behind efforts to tackle fraud as it reports its own successes in the past few months.
Zurich settles $455m US class action
Zurich Financial Services Group has announced today that it and its wholly-owned subsidiary, Farmers Group, has agreed in principle to a proposed comprehensive settlement in the matter of Fogel vs. Farmers Group, a purported nationwide class action…
LMA warns of over-regulation of Lloyd's
The Lloyd’s Market Association has warned the proposed regulatory system for the UK is being created around the banks which will make it over-engineered, unsuitable and unjustifiably costly for the general insurance industry.
ABI approves IFR trial
The Association of British Insurers has given the green light for a six-month trial of the Insurance Fraud Register.
LFC growth continues with Essex aquisition
Essex-based commercial broker LFC Insurance Group has added to its personal lines portfolio through the acquisition of Chelmsford Insurance Centre.
Snowball eyes return to UK
Former Aviva board director Patrick Snowball has revealed his firm intention to return to the UK insurance market when his contract with Australian financial services firm Suncorp finishes in 2013.
Clear moves into healthcare
Brokerbility member Clear Insurance Management has launched a new healthcare arm that aims to provide private medical insurance and employee benefits products to small businesses through to large corporate clients.
Fraud Management Briefing news: RBSI's Clare urges more underwriting input in fraud arena
Insurers must focus on the entire length of the product cycle in order to combat fraud, a senior figure at Royal Bank of Scotland Insurance has warned.
Fraud Management Briefing news: Psychology is 'no silver bullet' strategy
The most advanced psychological techniques must be used as part of an overall fraud strategy to be most effective, Crawford's claims psychology director Nikki Grieve-Top claimed.
Career path & CSR news: Job demand sees slight increase
The number of new jobs on offer across the country rose by two points (2%) compared to last month, according to a new survey.
Top six insurers only ones safe from SII M&A wave
The incoming Solvency II regime could lead to increased merger activity among European mid-tier insurers, Allianz's Andreas Berger has claimed.
Adjusting 'for free' service unveiled
Claims management services provider LAS has outlined plans to shake up the way loss adjusters are remunerated, with the launch of a new arm that it boasts can provide an equivalent service for free in 95% of household cases.