News
No investigation for "Don't get mugged" campaign
The advertising watchdog has decided it will not investigate the Law Society's "Don't get mugged" campaign after it generated six complaints.
Two acquisitions announced for Thistle
Thistle Insurance Services has acquired E-warranty and Risk Management Support adding warranty and product protection to its services.
Cable’s accountability plans increase D&O brokers risk management role
Brokers selling directors’ and officers’ policies could be called upon to ‘plug the gap’ between policyholder expectations and insurance cover following tough new government proposals aimed at increasing the responsibility of company executives.
Industry hits back in fraud jail debate as insurers win crash-for-cash cases
Insurers have hailed a recent string of crash-for-cash fraud court victories – where a judge warned the public they risk prison if they participate in insurance fraud – as a victory against criticism of jail sentences for fraudsters.
Bennetts reports rise in customer engagement and sales
Bike insurance specialist Bennetts has revealed strong year-on-year growth, recording 10% uplifts in both total new customer sales and renewals.
Brokers fear Law Society MGA could prove too late for solicitors
The Law Society must launch its professional indemnity managing general agency soon or risk being too late to help solicitors ahead of this year’s October renewals, market insiders have warned.
LV growing actuarial team
LV is recruiting for 10 actuaries to join its business.
Bowman pledges dedication to UK business despite Aviva UK panel losses
Crawford & Company global chief executive Jeffrey Bowman has refused to rule out UK redundancies after the adjuster was axed from the panels of several major insurers.
Swiss Re Corporate Solutions appoints Asia-Pacific regional head
Swiss Re Corporate Solutions, the risk management and financing arm of Swiss Re has appointed Fred Kleiterp as head of Asia-Pacific.
Lack of competition blamed for inflating PMI costs
Britain’s competition commission has slammed the costs paid for private medical insurance, blaming a lack of competition between healthcare providers for inflating the costs for consumers.
Lockton unveils solicitor site ahead of PI renewals
Lockton has launched a specially designed website for solicitors to provide guidance and support on insurance.
Underwriters under pressure to secure facility deals to remain in London market
Lloyd’s underwriters have been warned they may have to secure facility deals with brokers in order to conduct business in the market in the future, despite a question mark remaining over whether these practices are anti-competitive.
R&Q's H1 profit hit by fall in investment returns
Randall & Quilter posted total group income of £26.2m for the first half of 2013, up from £25.3m in the prior year period, as it continued its transition from run-off specialist to participant in the active market.
R&Q posts stable H1 results despite falling investment returns
Randall & Quilter posted total group income of £26.2m for the first half of 2013 (H1 2012: £25.3m) as it continued its transition from run-off specialist to participant in the active market.
Claims Awards Asia open for entries
Entries are open for the inaugural Claims Awards Asia.
AIG appoints Coory in marketing role
AIG has appointed Damian Coory to the newly created role of vice president, corporate marketing and communications for Asia-Pacific.
China hit by internet attack
Chinese web addresses ending in .cn went down for two hours on the morning of 25 August.
Online searches for insurance soar to 3.2m
Consumer online searches for insurance have been at their highest yet this year, digital marketing agency Greenlight has revealed.
Aon, Deloitte and Clyde & Co linked to rogue PI SOCA list
Aon, Deloitte and insurance law firm Clyde & Co have been named among the firms that appear on the Serious Organised Crime Agency’s list of organisations that used rogue private investigators, the Mail on Sunday revealed.
Major insurers to contribute to No Claims Discount database
Lexis Nexis Risk Solution has secured contribution commitments with major brokers and insurers that account for approximately 45% of the motor insurance market.
Davies and Garwyn tight-lipped on acquisition rumours
Loss adjusters Davies and Garwyn are refusing to be drawn on growing market speculation of an acquisition, with Davies as the senior partner.
Telematics and mobile devices innovation trends to watch
More than 400 insurance-related patents were filed last year, with telematics products and use of mobile devices among the top trends, research from a London law firm has found.
Liberty Mutual Insurance expands commercial casualty team
Liberty Mutual Insurance has expanded commercial casualty team with two new appointments.
Former Lloyd’s chair Taylor joins Pioneer board
Former Lloyd’s chairman Max Taylor has been appointed as chairman of the board at BMS owned-Pioneer Underwriting.