News
Loss adjusters seeing steady flow of storm claims
Loss adjusters are praising flood defence mechanisms in standing up to yesterday’s storm which has seen the east coast of the UK battered by surges and high tides.
Axa COO Carruthers Joins Acturis
Max Carruthers, chief operating officer of Axa commercial lines and personal intermediary, has joined the board of IT provider Acturis as a non-executive director.
Davies inks Garwyn deal
Loss adjuster Davies last night completed a deal to acquire Garwyn, Post understands.
Paymentshield hands director role to Co-op customer relations boss
Paymentshield has appointed the Co-operative Banking Group’s head of customer relations to the newly created role of customer service director.
Aviva's McFarlane to become First Group chairman
Aviva chairman John McFarlane has been named chair of transport firm First Group.
Plan to double R&Q's 2014 capacity to £150m gains Qatari support
Randall & Quilter has secured the capital to support its business plan to double its capacity to £150m for the 2014 underwriting year of account for its first party syndicate DTW 1991.
Severe flood warnings in place across the UK as storm sees thousands evacuated
Two people are known to have died while thousands more were evacuated from their homes as a tidal surge battered coastal towns along the east coast of Britain.
Philippines typhoon dominates November catastrophes
Super typhoon Haiyan which killed over 5 000 people dominated the November global catastrophe list.
L&G accused of infringement of Travelers' 'iconic' red umbrella logo
Travelers has filed a lawsuit against Legal & General in the United States following a long-running dispute over the UK-based firm’s use of its multi-coloured umbrella logo in the US.
Kennedys concerned about lack of costs control for asbestos claims
Insurance law firm Kennedys has expressed concerns that the government has showed no intention to consider the issue of recoverable fees for asbestos claims.
GAB Robins issues amber alert on east coast weather warnings
Loss adjuster GAB Robins will be mobilising additional field teams to the east coast in preparation for the predicted storm expected to bring gale-force winds, heavy rainfall and possible coastal flooding to the area.
Government's growth plan tipped to boost takaful market
The government's insurance growth action plan could provide a much needed boost to the UK's commercial Islamic insurance market, according to PwC's Mohammad Khan.
Ex-Benfield CEO to take on Aon with Capsicum 'challenger brand'
Arthur J Gallagher’s entrepreneurial approach to business was a major factor in Grahame Chilton's decision to partner his reinsurance intermediary business Capsicum Re with the broker, he has told Post.
Legal video: BLM partner Matthew Ford discusses the Jackson reforms and MoJ portal impact
Taken together, Lord Justice Jackson’s reforms of civil litigation costs - and the extension of the Ministry of Justice claims portal - have certainly shaken up the litigation landscape.
Towergate director McCaffrey to exit the company
Towergate Underwriting sales and marketing director James McCaffrey is to leave the broker after ten years at the firm.
Zurich to exit underperforming business
Zurich has unveiled a new set of priorities in a bid to improve profitability, which will include the sell-off of underperforming businesses.
Power Place enhances team with two appointments
E-commerce platform Power Place had made two new business development appointments.
Howden compliance chief calls for simple approach to FCA visits
Brokers should not volunteer additional information on top of what is initially requested when faced with a visit by the Financial Conduct Authority, says Howden's head of risk and compliance.
Kiln and Tokio Marine Europe join forces
Kiln and Tokio Marine Europe have merged to form one insurer called Tokio Marine Kiln Group.
Questgates hires Burnett as environmental project manager
Questgates has moved to strengthen its environmental claims division with the appointment of Tony Burnett as project manager.
DLG issues advice to customers in face of weather warnings
Direct Line Group has issued advice to its customers following warnings of high winds and flood risks issued for various regions in the UK.
IFB names Riverstone claims manager as head of ops
The Insurance Fraud Bureau has recruited Riverstone Insurance’s claims intervention manager to serve as its new head of operations.
AA issues flood warning to car and home owners
The AA’s specialist severe weather team is being deployed in North Wales, Scotland and Eastern England coastal locations today as warnings of coastal flooding from the Environment Agency, Scottish Environment Protection Agency and Met Office escalate.
Gallagher partners with Grahame Chilton for reinsurance project
Arthur J Gallagher is to launch a new reinsurance intermediary with former Benfield CEO Grahame Chilton.