News
'Profiteering' employment agencies accused of mis-selling by MP
A government body is investigating whether employment agencies have been mis-selling workers personal accident insurance.
Cunningham Lindsey appoints Hughes to environment role
Cunningham Lindsey has appointed Simon Hughes as an environmental consultant in its environmental solutions team.
Aviva’s risk boss appointed ORIC chair
The Operational Risk Consortium has appointed Aviva group operational risk director Michael Sicsic as its board chair.
BPF brands ABI Flood Re claims ‘misleading’
Claims from the Association of British Insurers that the Government’s new flood insurance scheme, Flood Re “will cover domestic properties regardless of whether leasehold or freehold”, have been branded misleading by the British Property Federation.
Ace hires head of marine insurance for Asia-Pacific
Ace Group has appointed Anthony O’Brien as its head of marine insurance, Asia-Pacific.
Floods in Indonesia cause havoc
Over the last two weeks, floods and landslides have continued in Indonesia including the capital Jakarta, Java, Sumatra, Sulawesi and the Kalimantan Islands.
Three way battle for ASEAN regional hub, says Clyde & Co
Law firm Clyde & Co believes Singapore will increasingly become the 'destination of choice' to access the ASEAN insurance community.
Interglobal bolsters Asia team
International health insurer Interglobal has appointed a head of sales for the Singapore market and created a development manager role for other Asian markets including Malaysia, Sri Lanka and the Philippines.
Davies appointed to Yorkshire tyre blaze
Garwyn Davies Liability has been appointed by a public liability insurer to handle a tyre fire in Yorkshire.
Towergate recruits Richmond to customer experience role
Towergate has appointed Andrew Richmond to the newly created role of group head of customer experience.
Redundancies on the cards for QBE UK
QBE staff have been briefed about potential changes within the business including redundancies and the transfer of UK operations to the Philippines.
Keoghs axing 41 fraud roles
Insurance law firm Keoghs has put 41 roles at risk of redundancy across its fraud department, including four partners.
Carnegie-Brown named Money Supermarket chairman
Aon UK chairman Bruce Carnegie-Brown is to be appointed chairman of price comparison site Money Supermarket.
Gallagher appoints Hamilton-Cox to aviation division
United Insurance Brokers’ Chris Hamilton-Cox has joined Arthur J Gallagher as a director in its aviation division.
Former Aviva fraud team joins Hill Dickinson
The Hill Dickinson Counter Fraud Group has hired a five-strong Aviva fraud team following the closure of its Manchester office last month.
Lorega Solutions appoints Angus Tucker as CEO
Loss recovery insurer Lorega has appointed Angus Tucker as chief executive, and Martin Almond as chief operations officer, of its loss adjusting business, Lorega Solutions.
Aviva CFO Regan to join QBE in Australia
Aviva’s chief financial officer Pat Regan is leaving the group to join QBE as its CFO in Sydney, Australia.
Mered appointed chief claims officer at Zurich
Zurich has appointed Saad Mered to the position of chief claims officer for its general insurance business.
EY identifies 'rapid-growth' markets for insurers
According to EY's latest report, China, Mexico, Indonesia, Thailand and Columbia will provide insurers with long-term growth opportunities.
China's insurers double profits
In 2013, China's insurers more than doubled profits last year to 99.1bn yuan ($16.4bn). Total profits grew by 112.5%, according to the China Insurance Regulatory Commission.
Sliding motor premiums to halt soon, says AA
Continued falls in motor insurance premiums will like cease in the near future according to the AA.
Lancashire venture Kinesis commences underwriting
Lancashire Holdings subsidiary Kinesis Capital Management has underwritten its first tranche of reinsurance business for Kinesis Re with limits in excess of $250m (£151m).
Flood Re will cover domestic properties, ABI says
The Association of British Insurers has responded to claims from the property sector that Flood Re will exclude millions of homes by confirming the scheme will cover domestic properties regardless of whether they are freehold or leasehold.
MVP boss McCaffrey closes in on second broker investment deal
Minority Venture Partners chief executive James McCaffrey has played down comparisons between his newly launched broker investment vehicle and Towergate’s Cullum Capital Ventures, ahead of ploughing investment into a second provincial broker.