News
Government on course to introduce RPA despite industry debate
The Department for Education is pushing ahead with plans to introduce a risk pooling arrangement for academies and free schools on 1 September despite vociferous opposition from within the insurance industry.
Marsh looks to BGL for UK affinity head
Marsh has made a double appointment hiring Mike Canniffe as UK affinity leader and Paul Kershaw as placement and proposition leader in its UK consumer and commercial practice.
Reinsurance terrorism market softening, claims Guy Carpenter
The terrorism market for reinsurance is softening, according to a report by Guy Carpenter, which claimed greater capacity and an absence of major terrorist-related losses has led to an increase in competition.
Investment of £165m reduces flood risk for 6700 Welsh properties
Multimillion pound investment in resources to reduce the flood risk to thousands of homes in Wales since November 2011 has led to a reduced risk for approximately 6700 properties.
Data and Analytics Asia Q+A: Michael Lamb, CCW
Ahead of the upcoming Insurance Data Analytics Asia 2014 conference in Hong Kong, Postonline interviews a key speaker.
Allied World buys RSA's Hong Kong and Singapore operations
Allied World Assurance has reached an agreement to acquire the Hong Kong and Singapore operations of RSA for approximately $215m (£130m).
NHS to foot the bill for negligence claims against private firm
Complications following a number of cataract operations carried out on NHS patients by mobile theatre provider Vanguard Healthcare has again raised questions about the indemnity arrangements of private healthcare firms taking on NHS work.
Ex-British Gas MD becomes Aviva's first chief digital officer
Aviva has hired former British Gas commercial and product development managing director Andrew Brem as chief digital officer.
LV Broker appoints Blanchard as account manager
LV Broker has appointed Alex Blanchard as strategic account manager for personal lines accounts including Swinton, A-Plan, Coversure and Esure.
Charles Taylor CFO Soso to depart next week
Charles Taylor’s chief financial officer Tito Soso will formally depart the business next week, almost four and a half months after his resignation was announced.
Aegis London recruits two cyber security experts
Aegis London has recruited two cyber security experts from the defence sector to assist with its cyber offering.
Aon granted trailblazer status for new insurance apprentice standard
Broker Aon has been awarded government Trailblazer standard for insurance apprentices.
15% drop in large-scale terror attacks prompts RMS model update
A 15% reduction in the frequency of large-scale terror events in many cities has prompted RMS to release an update version of its probabilistic terrorism model.
Bridge Insurance Brokers launches bespoke programme for mine clearance firms
Bridge Insurance Brokers has launched a division to deliver bespoke insurance programmes to organisations involved in mine removal and post conflict security.
Ecclesiastical bolsters board with Taylor appointment
Specialist insurer Ecclesiastical has appointed former Goldman Sachs Asset Management boss Caroline Taylor as director to the board of the group’s insurance business Ecclesiastical Insurance Office.
Hill Dickinson unveils anti-fraud travel database
Travel insurance fraudsters have been put in the crosshairs by law firm Hill Dickinson through its launch of a new database to support insurers in stopping fraudulent claims.
Howden introduces 'world first' mining rescue product
Howden Broking Group has launched a standalone product that mitigates the costs of rescue in the event of a mine collapse.
Pen Underwriting unveiled as Gallagher's collective MGA brand
Arthur J Gallagher has signalled its intent to accelerate underwriting growth opportunities and become "a force to be reckoned with" following the launch of a single brand for its collection of UK managing general agencies.
Organic growth at Quindell sparks 119% rise in H1 revenue
Outsourcing firm Quindell has attributed “strong organic and synergistic growth” for a 119% increase in revenue to £357.3m for the opening six months of the year (H1 2013: £163.3m).
Ecclesiastical turns underwriting profit for first time in five years
Ecclesiastical recorded a reduced a pre-tax profit of £18.4m for the first half of the year (H1 2013: £24.4m) despite achieving an underwriting profit for the first time since 2009.
Towergate East Anglia merger puts 80 jobs at risk
Towergate is to consolidate offices in East Anglia as it considers opening a business hub in Norwich, according to reports.
Wishart says he will ‘always’ retain Cobra role after RRS launch
Cobra Special Risks managing director Paul Wishart has stressed that the launch of a new joint venture will not lure him away from his current employer.
Cobra boss targets 'high-growth' reputational risk market with start-up
Start-up intermediary Reputation Risk Solutions has been launched to take advantage of the “highly underdeveloped” reputational risk sector, amid claims the UK market could be worth £1bn by 2019.
BIA award winner video: Ingenie founder and CEO Richard King
Ingenie founder and CEO Richard King explains how an idea developed in his kitchen wooed both footballing pundit Gary Lineker and the British Insurance Awards judges.