News
Ryan Direct Group agrees strategic deal with Am Trust
Ryan Direct Group is to acquire the rights to the commercial combined SME portfolio underwritten by Am Trust Underwriting.
Bluefin confirms Scottish broker purchase
Bluefin has confirmed its acquisition of Scottish broker Regional Insurance Group, completed on 8 October.
60% of insurers planning to divest by 2017
More than half of insurers are planning to complete sales by the start of 2017, according to a study from Towers Watson, up from just 20% saying the equivalent last year.
Argo unveils complimentary legal advice for D&O customers
Lloyd’s insurer Argo International has launched a new policy that see the firm offer complimentary legal support to holders of directors and officers policies.
Firefighters investigate cause of Didcot power station blaze
Firefighters from three different forces have been tackling a major fire at Didcot B power station in Oxfordshire.
CII and CILA presidents in unity call
The presidents of the Chartered Insurance Institute and the Chartered Institute of Loss Adjusters have pledged to work towards greater unity for the insurance industry.
Third party injury claims down 10% say actuaries
Insurers have benefited from a 10% reduction in the frequency of third-party injury claims according to figures released by the Institute and Faculty of Actuaries.
Teradata VP hails connection analytics as key in combating customer churn
Insurers should make greater use of connection analytics to pinpoint their most influencial policyholders and reduce customer churn.
Insurers need to move away from 'gut' marketing decisions says Nationwide chief
Insurers need to move away from marketing decisions based on "gut" feelings, to ones that are based on the total view of a customer.
Towergate Insurance Brokers CEO Rea to take on group COO role in executive shuffle
Changes to the way Towergate will be managed in the wake of group CEO Mark Hodges' resignation include the disbanding of its executive committee, according to an internal memo.
Hodges' departure unrelated to Towergate's financial results
Towergate executive chairman Alastair Lyons says the group's financial underperformance was not a factor in group CEO Mark Hodges' resignation.
Hodges resigns as Towergate CEO
Mark Hodges has resigned as group CEO of Towergate Insurance.
Allianz Engineering to modernise construction offering
Allianz Engineering is to "modernise" its construction insurance offering to better align with its target markets.
Global multiline insurer ratings expected to remain 'robust'
Global multiline insurers’ continue to show strong credit quality according to Standard & Poor’s.
IIIG to trade with regional brokers via Skype
Essex-based broker Incorporated Insurance Group is trialing the use of Skpe and other video conferencing platforms in a bid to make its team more accessible to independent regional brokers.
RSA sells Italian operations for £19m
RSA has agreed to sell its Italian branches and insurance books to Itas Mutua for a cash payment of £19m.
Resignations force Towergate to shutter Sherborne branch
Towergate has closed a branch in Sherborne, Dorset, just two years after acquiring the business, according to a report from the Western Gazette.
LV hands Crawford commercial claims surveying contract
LV has completed a deal with loss adjuster Crawford & Company which will see the latter exclusively provide surveying services on commercial claims.
Data and analytics climbing the agenda in Asia
Over 80 people heard from experts about the leading trends in data and analytics at Insurance Data and Analytics Asia 2014.
IFB set for a busy 2015 as it looks to fill details in five-year plan
The Insurance Fraud Bureau has unveiled a five-year plan to extend its remit beyond motor fraud and facilitate data sharing with lawyers and private investigators.
Northern Irish broker partners with Assembly to create 60 Newry jobs
Independent broker Autoline has partnered with the Northern Irish Assembly to create 60 new jobs at its Newry headquarters.
London market ‘could do more’ to promote claims service
More than half of risk managers think their brokers should do more to promote claims service, according to a new survey by Gracechurch Consulting.
Hill Dickinson adds LSI specialists to counter-fraud team
Hill Dickinson has added two new legal directors to its counter-fraud team in a bid to strengthen its focus on sanctions and recoveries and low speed impact investigations.
ANV appoints Bland as its head of non-marine liability
Dutch insurance group ANV Holdings has appointed Paul Bland as head of non-marine liability for ANV Syndicate 1861.