News
Generali joins three-year earthquake risk project
Generali has teamed up with the Abdus Salam International Centre for Theoretical Physics to carry out a three-year project to study and analyse earthquake hazards and seismic risk mitigation.
Online SME insurer champions advice over price
New online insurer Quote Dave is promising to offer SME's insurance based on the "right advice" rather than the cheapest quote.
ABI relocating to America Square after 25 years at 'expensive' HQ
The Association of British Insurers has confirmed plans to move from its "expensive" Gresham Street headquarters to 1 America Square in a bid to lower costs for members.
JLT ‘in line with expectations' despite challenging market conditions
JLT has "continued to trade in line with expectations" for the period from the beginning of July to 2 November 2015, according to an interim management statement issued today (3 November).
Company bosses urged to see business benefits of insurance
Business leaders have been urged by risk management association Airmic and the Institute of Directors to stop seeing insurance as a ‘grudge purchase’ and start using it to enable them to take risks as they grow their business.
DLG reports 4.1% growth in motor
Direct Line Group has seen an increase in gross written premium and motor for the first nine months of 2015, according to an interim management statement released today (3 November).
CFC expands healthcare offering with medical malpractice account
Lloyd's managing general agent CFC is to enter the medical malpractice market and has poached two people from WR Berkley to run the account.
Lloyd's India agreement imminent, says head of global markets
Vincent Vandendael, director - global markets, Lloyd's has told Post an agreement for a Lloyd's reinsurance market to open in India is imminent.
Nexassure teams up with Hannover Re for Asia MGA
Nexassure has launched an extended warranty managing general agent using Hannover Re paper from Malaysia.
Diversity on the agenda as industry welcomes succession planning scrutiny
Clearer guidance on succession planning for boards is needed across the insurance industry, with analysts and industry players agreeing the Financial Reporting Council’s discussion paper on the issue is a timely step.
Claims service and innovation key for HNW firms in over-crowded market
High-net-worth insurers must prioritise claims service levels and product innovation if they are to maintain a foothold in an increasingly over-populated market, according to broking and claims experts.
Fraudster put on IFR after stolen iPad claim
RSA has placed a former policyholder on the Insurance Fraud Register after they submitted a fraudulent claim for an iPad Air that was discovered to have been stolen from a Birmingham special needs school.
Deal finalised as Integro acquired by private equity investor
A deal to acquire international insurance brokerage and risk management firm Integro by an Odyssey Investment Partners affiliate was completed today (November 2).
Saulter enthused by potential of expanded class offering in 2016
Davies CEO Dan Saulter is excited the company can now offer clients a more extensive class offering after its entry into specialist motor claims in July.
Esure appoints RSA's Hughes to claims role
Esure has appointed former RSA commercial claims director Graham Hughes as its head of claims.
Gallagher renames binding authority and facility division
Arthur J Gallagher has announced that its specialist binding authority and facility division will now trade as Capsicum Delegated Authority.
Swinton appoints Carpenters Law as claims handler
Swinton has appointed Carpenters Law as its claims handling partner, replacing Slater & Gordon.
Revenue up 12% at Davies as account wins add £3m to 2016 figure
Davies Group has attributed 40 new account wins over the course of 12 months for a 12% uptick in revenue to £32.4m for the period ending 30 June 2015.
Quindell to return £465m to shareholders
Quindell has announced plans to give shareholders £465m through a capital repayment scheme.
Changes on board for Tokio Marine Kiln group
Tokio Marine Kiln will merge the board leadership at two of their businesses with changes to come into effect from 1 January next year.
Chase Templeton buys Healthcare Solutions
Private medical insurance brokers Chase Templeton has finalised its 15th acquisition of the year after completing a deal to buy Healthcare Solutions.
ABI calls for FCA to regulate claims management sector
The Association of British Insurers has called for the Financial Conduct Authority to be appointed as the regulatory body responsible for claims management companies as "the current system is failing to provide enough of a deterrent to rogue firms".
Customers most likely to pick and choose on insurance
Insurance products have topped the list when it comes to consumers shopping around; beating mortgages, phone contracts and energy suppliers according to an ABI survey.
London heads to Dubai for inaugural Islamic Insurance conference
The Islamic Insurance Association of London (IIAL) will hold its first conference with the Islamic insurance and risk community in Dubai next Sunday (8 November) to see how the sector can move to the next level.