News
Bupa and Blue Cross Blue Shield form hospital partnership
Bupa has formed a strategic partnership with the Blue Cross Blue Shield system, to create the largest global healthcare provider network, including 11,500 hospitals and 750,000 medical professionals in 190 countries.
Chase Templeton looks to Aon for risk hire
Private health insurer Chase Templeton has recruited former Aon senior group risk consultant David Williams to lead its group risk department.
FOS unveils 20% budget cut
The Financial Ombudsman has said it will need to recover 20% less from financial businesses to support its budget in the 2014/2015 year, compared with the previous twelve months.
Lloyd's syndicate AG Doré promotes Frost as Andy Doré steps down
AG Doré & Others Syndicate 2526 has appointed Dominic Frost as the new active underwriter.
Argo International unveils environmental impairment product
Lloyd’s insurer Argo International has launched a new product to cover environmental impairment liabilities.
Aqua Sanfelice to head Lonmar’s fine art division
Aqua Sanfelice is to lead Lonmar’s fine art division following the retirement of divisional managing director David Lock.
Beazley satellite capability set for take-off following Bensoussan hire
Beazley has appointed Hiscox senior underwriter Denis Bensoussan to establish a satellite insurance capability within the company following the specialist insurer’s move into aviation insurance in 2012.
“Over complication” holding back London market
Over complicated processes and lack of customer connections are preventing the London market from improving claims processes according to a study from Gracechurch Consulting.
Equinox Global hires Ahinful to develop UK & Ireland portfolio
Equinox Global has recruited Genevieve Ahinful as senior underwriter effective immediately.
HSB appoints Atkinson as HR head
HSB Engineering Insurance has appointed Dorcas Atkinson as head of human resources.
Online driving records could see motor premiums fall
The switch to online driving records could reduce motor premiums by £15 a year, according to Cabinet Office minister Francis Maude.
RSA’s Brown weeks away from appointing Ireland CEO
RSA hopes to complete the recruitment of a new Ireland chief executive imminently, according to UK and Western Europe chief executive Adrian Brown.
RSA taking advice on action against Deloitte over Ireland accounts
RSA is taking advice on whether it can pursue action against Deloitte for approving accounts in Ireland that were later found to include inaccurate and misleading information created by “inappropriate collaboration” between senior executives.
GAB Robins welcomes record qualifications year
GAB Robins has hailed its investment in continuous professional development after 39 employees were awarded Chartered Institute of Loss Adjusters qualifications in 2013, the highest number achieved by the loss adjuster in a single year.
Talbot CEO Atkin replaces White as Lloyd's deputy chairman
Lloyd’s has named Talbot Underwriting chief executive and Lloyd's Management Association chair Rupert Atkin as Graham White’s successor as deputy chairman on the Council of Lloyd’s.
R&Q hires ex-Turnkey boss Helson as underwriting management director
Randall & Quilter has appointed Janet Helson as a director of the group’s underwriting management division.
Coast hires Hawkes to aid expansion into 'aggressive' household market
Specialist caravan, motorhome and park home insurer Coast has expanded into the home insurance market with the launch of a new household and general insurance division.
RSA receives 'a clean bill of health' following PWC investigation
A PWC investigation into failing in RSA’s Ireland business has handed the insurer “a clean bill of health” according to Shore Capital analyst Eamonn Flanagan.
PWC blames RSA Ireland woes on 'inappropriate collaboration' between execs
An investigation by PWC has pointed the finger at a small number of senior executives for claims and reserving issues in RSA's Ireland business.
Allianz targets 10% growth in Malaysia
Allianz Malaysia Bhd’s general insurance arm is looking to grow its customer base by 10% in 2014.
Nationale Suisse opens Singapore office
Swiss based insurer Nationale Suisse, owned by the Swiss National Insurance Co., is expanding in Asia by opening an office in Singapore.
Traffic accidents fall in Vietnam
The number of traffic accidents in Vietnam fell from 36 400 in 2012 to 29 385 last year according to the National Traffic Safety Committee.
Sutton Winson swoops for JLT regional MD Cowdrill
Commercial broker Sutton Winson has hired Jardine Lloyd Thompson’s regional managing director for Southampton Tom Cowdrill to head up its Petersfield office.
Christmas storms tipped to cost industry £400m
The UK insurance industry is facing a bill of around £400m for storms and flooding throughout December and January, PwC insurance partner Mohammad Khan said today.