News
Co-operative insurance moved from subsidiary to main group
The Co-operative has moved its general insurance operation from its banking subsidiary into the main group.
Compre given capital backing for acquisition trail after CPBE deal completes
Private equity house CBPE Capital has pledged that extra capital will be available to fund acquisitions following the completion of its takeover of UK-based legacy specialist Compre for an undisclosed sum.
Benign weather coming to an end as insurers face up to climate change impact
Insurers have been told to brace themselves for similar losses to those experienced in the aftermath of the 2007 and 2013 floods as benign weather conditions subside and the impact of climate change increases over the coming years.
Ferma 2015: Crawford unveils financial lines claims service
Loss adjuster Crawford and Company has responded to growing regulatory action and tightening legislation by launching a new financial lines claims service throughout Europe.
Now Health releases cashless mobile app
Private medical insurer Now Health International has released an iOS app for claims, payments and to find medical providers.
Allianz and Axa are leading the global brand competition
Allianz and Axa are the only insurers in Interbrand's annual top 100 best global brands for the second year running.
China's Anbang invests in Toronto
Anbang Insurance has bought a commercial property in Toronto for C$110m (£55.5m).
Modus continues expansion with hire of Gallagher quartet
Recently established managing general agent Modus has continued its expansion with the hire of four former members of Pen Underwriting, part of Arhtur J Gallagher.
Government's CMC review given lukewarm welcome by insurers
Insurers have responded to the government’s review into claims management companies by suggesting new legislation and reducing the claim period for minor injuries as ways of tackling rogue CMCs.
'Winning hearts and minds' Ross's first challenge as Towergate CEO
David Ross’s first port of call upon taking over as Towergate CEO next month will involve making sure long-term employees at the consolidator are kept onside, according to broking market commentators.
Ferma 2015: Ferma launches certification scheme at forum
The Federation of European Risk Management Associations today (5 October) launched its certification scheme, RIMAP.
Crash for cash fraudster fails to show for sentencing
Police are appealing for information to help trace a crash for cash fraudster who failed to show for sentencing.
Ageas becomes latest insurer to join IFR
Ageas has become the latest insurer to join the Insurance Fraud Register.
Charles Taylor subsidiary to sell Bestpark holding
Charles Taylor subsidiary LCL Acquisitions has entered into an agreement to sell its holding in Bestmark International to Ashbrooke Financial Group.
Allianz promotes former trainee to claims strategy role
Former Allianz trainee graduate Ibi Moghraby has been promoted to the newly-created role of head of claims strategy and customer experience.
Ferma 2015: Cyber risk ‘not fully understood'
The vast majority of businesses believe that cyber risk has still not been fully understood, according to Aon Risk Solutions.
Capita and Apollo Global Management make bids for Xchanging
Xchanging has received takeover approaches from Capita and Apollo Global Management, the company has told the London Stock Exchange.
Financial services sector ‘most frustrating' for customer service
Nearly a quarter of UK consumers have ranked the financial services sector as the most frustrating in terms of customer service.
Regulators agree capital requirements for world's nine largest insurers
The world's largest insurers will need to ensure they are holding more capital after a G20 Financial Stability Board-sponsored assessment.
CII warns apprenticeship levy risks ‘damaging the profession'
The government's apprenticeship levy needs to address skill gaps by sector, rather than through arbitrary numerical targets, the Chartered Insurance Institute claims.
Government opens evidence call for CMC review
The government has today (2 October) launched a call for evidence for a fundamental independent review into the way claims management companies are regulated.
Dual appoints Allianz's Booth as non-executive chairman
Hyperion has appointed Clem Booth as non-executive chairman of its underwriting arm, Dual.
McLarens Aviation lands in China
McLarens Aviation has opened a Beijing office, following the appointment of its first Chinese national surveyor, Dennis Shoulei Dong.
The County Group acquires Brady & Jones
The County Group has acquired Welsh broker Brady & Jones for an undisclosed amount.