News
Industry reputation will be tested by response to surge events, ABI warns
How the insurance industry responds to flood events going forward will be a key test for its reputation, the Association of British Insurers says.
Towergate's Williams to replace Holman as Brightside CEO
Brightside has appointed Towergate director Paul Williams to take over as chief executive early next year following the departure of outgoing CEO Martyn Holman.
RSA Ireland CEO resigns as financial irregularities probe takes its toll
The chief executive of RSA Ireland has resigned after claiming that recent allegations of serious financial irregularities at the insurer had caused great strain to him and his family.
PT Asuransi Allianz in Indonesia microinsurance push
PT Asuransi Allianz Life Indonesia has launched life, house and health products targeted at low income families.
Hyperion seeks new chairman
Hyperion Insurance Group’s non-executive chairman John van Kuffeler will retire from the board next month following five years at the broker.
Van Kuffeler to step down as Hyperion chairman next month
Hyperion Insurance Group’s non-executive chairman John van Kuffeler will retire from the board next month following five years at the firm.
Covéa recruits from Davies for household claims lead
Covéa has swooped to appoint Davies Loss Adjusters’ operational delivery manager as its new home claims service manager.
Foil boss expects 'plebgate' ruling to spark influx of satellite litigation
The Court of Appeal’s decision to refuse relief from sanctions to lawyers representing Andrew Mitchell MP in his libel action over The Sun’s ‘plebgate’ story could trigger a wave of satellite professional negligence cases, a leading insurance lawyer has…
Helphire ‘making good progress’ in Autofocus settlement
Helphire Group has finished analysing “several thousand cases” in which Autofocus evidence was used and is ready to start discussing settlements with insurers.
Keychoice and Brilliant Law launch product to help brokers
Keychoice has partnered with Brilliant Law to launch a fixed price legal services package for its members.
Generali on negative watch after S&P adjusts ratings criteria
Ratings agency Standard & Poor's has placed Italy’s Generali on credit watch with negative implications.
Insurers praise speed of London market response to Nairobi mall attack
The speed of the London market response to September’s Nairobi shopping mall siege demonstrates its authority in reacting to terrorist events, those involved in the response have told Post.
Canopius announces claims units reshuffle
Canopius has moved to align its claims operations more closes with its three business units of global property, global specialty and UK retail, including announcing an internal promotion for the role of UK retail claims head.
Ace boosts export cover for mid-market European firms
Ace Group has expanded its liability insurance proposition in response to increasing numbers of European middle-market companies exporting into emerging economies.
Xactware and Rightmove join forces to improve underwriting
Cloud-solutions firm Xactware and Rightmove have partnered up to provide the insurance industry with property data and facilitate accurate underwriting.
Trio of underwriters join Warrior as Hiscox bolsters casualty team
Hiscox has boosted its casualty team with the appointment of three underwriters with management liability experience to work with ex-Beazley D&O specialist Chris Warrior to build the US and international books of business.
Hellman & Friedman picks up Applied Systems in $1.8bn deal
Private equity backer Hellman & Friedman has completed a $1.8bn deal to acquire Applied Systems, the software house behind Insurecom.
Drivers take risks with floodwater driving, according to AA
More than half of UK drivers are putting themselves in danger attempting to cross dangerous flood water, a joint AA and Environment Agency survey has found.
R&Q unveils Birmingham office boosted by Catlin hires
Randall & Quilter has opened the second UK regional office for its specialist managing general agent platform, based in Birmingham, with two underwriters recruited from Catlin.
Expertise in Action: Generalist versus Specialist
How much do prospective customers place on their insurer and broker’s specialist knowledge when buying insurance? And does it become stronger depending on the size of the niche?
Nine arrested over Chinese oil blast
Following last Friday's blast at a China Petroleum & Chemical Corp (Sinopec) oil factory, nine people have been arrested.
Farms face cover threat after Defra confirms their exclusion from Flood Re
Biba calls for rethink over decision to exclude small businesses from legislation.
Brokers baffled as FCA places them in ‘high risk’ group
Aggregators say FCA probe into sector no longer relevant.
Aviva’s attempt at asbestos exit fueled by increased long-term claims certainty
Firm’s plan to offload rumoured £1bn book linked to overall restructuring,