News
Three UK Crawford execs depart
Global loss adjuster Crawford and Company has confirmed the departure of five executives, including three from the UK.
Profit up 19% at Hastings in opening nine months
Operating profit for Hastings Group continues to track upwards, with a 19% increase to £93.8m for the nine months to 30 September (9M 2014: £79m).
ATL plots energy market gains after swooping for JLT team
Independent Lloyd’s broker ATL Marine & Energy has appointed a senior team of specialist energy brokers from JLT in a bid to drive the growth of its energy account in Europe and Latin America.
The Insurance Debate: Professionalism parity
Today Post and Insurance Age – in association with the Chartered Insurance Institute – is launching an interactive forum where you will be able to discuss important topical issues, using an Oxford-style debate.
Crowded places initiative take-up positive for UK resilience in light of Paris attacks
Promising early take-up of the government’s crowded places initiative has been “positive for building the resilience of British infrastructure” if faced with a similar attack to that witnessed in Paris last week, according to Pool Re CEO Julian Enoizi.
UK braces for Storm Barney's 45mph winds
More than a third of the UK is expected to experience gusts stronger than 45mph this week as Storm Barney batters the Midlands and Wales.
Digital development key for insurers in keeping up with customer demand
Insurance companies have been urged to prioritise harnessing digital technology to meet consumers’ lifestyle demands if they are to thrive in the modern business landscape where frequent customer interaction is crucial.
Legal implications cited by insurers amid complex policy wording criticism
Insurers should be cautious about watering down legal policy wordings to make the documents easier to read, commentators have warned, despite new research showing one-third of policies are written for those with a university-equivalent reading level.
Ifed investigation leads to 18 month jail sentence for Southampton con man
A Southampton man who claimed £25,000 on insurance after creating fake invoices for items that he alleged had been stolen during a burglary at his home has been jailed for 18 months.
CMA private healthcare inquiry expected to rumble on despite positive findings
Health insurers are supporting the latest Competition and Markets Authority provisional findings released following an appeal of its final report into the private healthcare market, despite concerns the inquiry could rumble on for several more years.
Space support for planned subsidence mapping tool
A UK-based service to assess the risk of subsidence using satellite observations and property data is a step closer following a study.
Falling PPOs could bring good news for motor insurers
Motor insurers could see a strengthening of their position in coming cycles with one of the key factors inflating re/insurance prices levelling off for the first time.
XL Catlin recruits from AIG to bolster Australia crisis capabilities
Shelley Devane has joined XL Catlin to become its head of crisis management for Australia.
Aon opens global HQ in London's Cheesegrater
Aon has officially opened the Aon Centre at 122 Leadenhall Street, London, commonly known as the Cheesegrater.
Cobra Holdings acquires BKG West
Cobra Holdings has acquired independent commercial insurance broker BKG West.
Insurers invite CHO to discuss GTA issues next week
The Association of British Insurers General Terms of Agreement Technical Committee has invited the Credit Hire Organisation to meet with insurers on 24 November in an attempt to bring the stalemate over 2015/16 rates to a conclusion.
Collingwood receives PE backing to grow new product lines
Collingwood Insurance Company has confirmed private equity firm JZ International has become a majority investor in the business to help accelerate its growth plans.
Paris attacks to cost French economy up to $12bn
The deadly attacks in Paris on Friday night will cost the French economy between $9bn and $12bn over the next nine months, predicts Andrew Coburn, from the Cambridge Centre for Risk Studies.
Companies warned to prepare for steeper fines and custodial sentences for H&S breaches
Companies and individuals convicted of health and safety offences will respectively face steeper fines and be subject to custodial sentences when new sentencing guidelines come into effect in February 2016, according to law firm Kennedys.
#Wakeupinsurance: What is the Post Digital Insurance Collective?
This week Post launches a new exciting initiative, backed by a host of major players in the digital insurance space from start-ups, brokers and forward thinking composites.
Parabis Group confirms Plexus sale to original founders
Parabis Group has confirmed it is selling its defendant and consumer law firms to a consortium of private individuals led by two of its original founders.
Ryan Specialty Group acquires M&A specialist MGA
Chicago-based Ryan Specialty Group has acquired managing general agent Hunter George & Partners, which offers insurance solutions for mergers and acquisitions.
Broker Network offers enhanced services to Premier and Advantage members
Broker Network is to enhance its services including business planning and training based on member feedback.
Arista's Earle joins Advent Solutions as non-executive chairman
Advent Solutions Holdings has appointed former Arista chairman Charles Earle as non-executive chairman.