News
Crawford makes third party administrator Broadspire global
Loss adjuster Crawford claims it has introduced the first 'truly global' third party administration service.
Allianz reports top ten driving distractions
The Allianz Center for Technology has unveiled the top distraction for drivers is phone use at the wheel.
Landmark plotting ‘no questions asked’ UK household pricing model
Risk modeller Landmark Insurance Services is working to launch a new ‘no questions asked’ household insurance pricing model.
Union bosses to protest AA debt loading ahead of Saga float
GMB union leaders will hold a protest outside the London Stock Exchange on Wednesday over the expected loading of £4bn debts on the AA motoring organisation once Saga floats.
Richard Thacker & Company snapped up by Integro
Manchester-based broker Richard Thacker & Company has been acquired by international insurance brokerage and risk management firm Integro for an undisclosed sum.
Homeowners urged to speak out against Flood Re exclusions
The British Property Federation is calling on flood-prone residents to speak out amid fears the introduction of the Flood Re scheme next year will leave millions without access to affordable flood cover.
First Assist to complete rebrand with legal business rename
First Assist Legal Protection is to be renamed Cigna Legal Protection from Thursday following Cigna’s acquisition of the business in November 2011.
Ageas expands Optima Bike policy
Ageas has expanded its Optima Bike motorcycle policy to include newer, higher value and high performance models.
IBSC chair Anscombe signs James Hallam up for Biba membership
Seventeen Group-owned broker James Hallam has become a member of the British Insurance Brokers’ Association.
Fraudster jailed after £2m PI claim to RSA disproved
A man who attempted to claim nearly £2m from RSA for a workplace injury is currently serving a six month jail sentence after pleading guilty to contempt in February.
Axa calls for reforms to tackle rising EL claims
Axa has called for tougher sanctions for claims management companies and an industry best practice guide on health and safety, after research showed employers' liability claims continue to rise.
Former Aon boss Martin named CEO of Willis Limited
Willis Group has appointed David Martin as chief executive of the group’s principal UK regulated entity Willis Limited.
Law Society to survey members on LEI
Arc Legal has cautioned respondents to a Law Society legal expenses insurance survey not to confuse commercial decisions by an insurer with dishonesty.
LV Q1 GWP slumps despite climbing policy numbers
Reductions in LV’s motor book have seen the insurer record increased policy numbers but falling gross written premium for Q1 on a year-on-year basis.
Novae hires PWC's Patel to oversee ERM strategy
Listed Lloyd’s insurer Novae has appointed Reeken Patel as chief risk officer.
TPA database to spark Lloyd's 'transformation', claims Charles Taylor CEO
Charles Taylor Insurance Services chief executive Stephen Card believes his firm’s new third party claims administrators central database will “transform” the management of TPAs in Lloyd’s.
Karen Hogg to become Igo4 commercial director this week
Igo4 has hired Axa’s former director of strategic partnerships Karen Hogg as commercial director.
St Jude storm losses hit £898m, according to Perils estimate
Catastrophe data firm Perils has increased its loss estimation relating to windstorm Christian, which wracked the UK at the end of October last year, to €1.091bn (£898.4m).
Autonet hires ex-Axa man Marshall as head of underwriting
Van insurance broking specialist Autonet Insurance has appointed former Axa assistant product manager Glen Marshall as its head of underwriting.
Magenta sells iprism stake
Growth investor Magenta Partners has sold its minority stake in underwriting agency iprism to UK private equity house Bowmark Capital.
Zurich offloads MCIS stake in Malaysia
Zurich is selling its 40% stake in Malaysian insurer MCIS Zurich for $93m (MYR 304m)after being required to sell it because of another acquisition.
Home and motor premiums continue downward slide in Q1
Home insurance premiums continued to fall in the first quarter of 2014, despite the winter flooding and storms that affected many parts of the UK, according to the latest AA British Insurance Premium Index.
Aspen UK adds McLarens to loss adjusting panel
McLarens has been appointed to Aspen UK’s loss adjusting panel following the underwriter’s first review since its launch in 2002.
Aon Q1 broking income rises 10%
Broking giant Aon has seen global first quarter broking income rise 10% on a year-on-year basis, rising from $403m (£240m) to $445m.