News
Davies support staff in consultation over Stoke move
Davies Group is in consultation with around 30 support staff over the relocation of their roles to the adjuster’s new Stoke-on-Trent office, Post can reveal.
Higos teams up with NCI on pet insurance offering
NCI Vehicle Rescue has agreed a partnership with independent broker Higos Insurance Services to exclusively provide its network of branches with pet insurance.
Insurance Fraud Awards: Deadline approaching
With the deadline of this Friday (27 June) looming for the Insurance Fraud Awards, there is still time to be in the running to win one of these prestigious gongs.
ABI outlines Flood Re SME exclusion stance at Defra meeting
The Association of British Insurers reiterated its view there is no evidence SMEs have a problem accessing affordable flood cover at a meeting between government and representative organisations yesterday.
Non-standard cover available on Keelan Westall e-trading platform
Keelan Westall has made its ‘agility' non-standard cover available via its ‘dynamic' online e-trading platform for residential property risks.
Aon global power committee to be chaired by Waerseggers
Aon Risk Solutions has appointed its European power specialty leader Denis Waerseggers as chairman of its newly created global power committee.
Peak Re appoints credit underwriter
Hong Kong-based reinsurer Peak Re has appointed Kathleen Koh as senior vice president to underwrite credit and surety business.
Expats driving demand for private health insurance in Asia
Demand for private health insurance in Asia has never been greater according to Andrew Apps, a director at international health insurer ALC Health.
Faber CEO Howard departs to lead Willis-funded Acappella
Willis facultative and wholesale reinsurance arm Faber Global has named Alistair Lester as its incoming chief executive ahead of the departure of Jason Howard.
Marsh unveils cyber gap insurance in bid to beat exclusions
Global broker Marsh has teamed up with London market and European insurers to launch a cyber gap insurance offering in a bid to aid energy firms’ effective management of cyber risks.
Germany and Austria upgraded by Coface as European growth is forecast
The Eurozone is slowly recovering from a serious double-dip recession, with growth of 1.1% expected in 2014, according to credit insurer Coface's latest country risk assessment.
Tesco Bank adds RSA to home insurance panel
RSA has joined Tesco Underwriting, Axa and Towergate on the home insurance underwriting panel of Tesco Bank.
Axa hires three in South West expansion
Axa has made three appointments in the first phase of its investment programme in the South West which will see the Bristol branch move to a full underwriting operation and the launch of a new branch in Cardiff.
Direct Group pens £4.5m products deal with Be Wiser
Doncaster-based insurance services firm Direct Group has signed a £4.5m deal with broker Be Wiser to provide “quality enhanced” products.
Argo International hires space risks underwriter
Lloyd’s insurer Argo International has appointed Édouard Merlet as space risks underwriter for Argo Global Assurances, Argo International’s Paris-based underwriting platform.
Dual hires Am Trust PA and travel underwriter MacNaughton
Hyperion underwriting arm Dual has appointed Am Trust Underwriting’s Richard MacNaughton as a senior underwriter in its accident and health division.
Brokers largely dissatisfied with mid-market claims performance
The issue of low quality outsourcing operations has been cited among areas insurers need to improve upon in a survey of 180 UK commercial claims brokers, in which only five companies received a net positive satisfaction score.
Lloyd's backed underwriting agency opens in New Zealand
Delta Insurance has launched in New Zealand to try and capitalise on increased market consolidation.
China Taiping's profits fall in Macau
Profits at Chinese insurance conglomerate China Taiping in gambling mecca Macau declined year on year in 2013.
Munich Re's general insurance arm buys in Singapore
Ergo, a wholly owned subsidiary of Munich Re, has bought property and casualty insurer SHC Insurance for €66m ($90m).
Global art consultancy launches
A new risk and claims consultancy firm aimed at the fine art market has launched.
Quinn family seeking compensation from state in £3.6bn lawsuit
The family of Quinn Insurance founder Sean Quinn has filed a €4.5bn (£3.6bn) lawsuit against the Central Bank of Ireland, the Minister of Finance and 10 directors of the Anglo Irish Bank.
Footman James in classic car tie-up with Ageas
Footman James has launched a new insurance product for classic car owners in partnership with Ageas.
DWF partner facing election as first lawyer master of Worshipful Company
DWF partner Graham Dickinson may become the first lawyer elected as master of the Worshipful Company of Insurers on July 17.