News
Referral fees a 'red herring' claims CSC
The Claims Standards Council has warned the insurance market that abolishing referral fees is a "red herring" that will only send motor insurance premiums "through the roof", due to the loss of their ancillary income stream.
Career development & CSR: Rugby player work placement
Harlequins player Will Skinner has spent a week-long work placement within QBE's marine, energy and aviation division. The placement was organised by the insurer in conjunction with the Rugby Players' Association's player development programme, which…
Career development & CSR: Chartis and CII team up to offer environmental training
Chartis UK has joined forces with the Chartered Insurance Institute to offer a suite of accredited training programmes to brokers, covering environmental liability issues.
People moves - 7 July 2011
A round-up of people moves and new appointments in the industry, as featured in the 7 July 2011 edition of Post.
Sandy Scott takes Achievement Award at 2011 British Insurance Awards
Sandy Scott, chief executive, Chartered Insurance Institute, was given the Achievement Award at the British Insurance Awards at the Royal Albert Hall tonight in front of 1800 fellow industry professionals.
Capita Consulting appoints business transformation director and principal consultant
Capita Consulting has appointed Steve Buley as business transformation director and Sam Cook as a principal consultant in its financial services practice, which was created last year.
Coates exits Bluefin
Graham Coates has resigned as Bluefin’s chief trading officer with immediate effect, according to the broker.
240 jobs go at Zurich as insurer re-enters direct market
Zurich is to make 149 people redundant in a shake-up that sees it returning to the direct insurance market.
Insurecom pilots Informed Quotes on Ageas motor
Software house Insurecom claims it will be the first to push personal lines quotes through to brokers using Insurance Initiatives' Informed Quotes system, starting with motor policies from Ageas.
TSC re-opens premiums inquiry - Insurance News Now – 7 July 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories which include chair of the Transport Select Committee, Louise Ellman telling Post that motor insurers will be called back to parliament for further questioning…
Brown joins RSA board
RSA UK chief executive Adrian Brown has joined the group board as an executive director.
Marsh launches global mining practice
Marsh has set up a new global practice to target mining organisations that want to pursue growth opportunities outside their home countries.
Brown joins RSA board
RSA UK chief executive Adrian Brown has joined the group board as an executive director.
Paymentshield chairman joins Lomond Capital
Stuart Pender has resigned as chairman of Paymentshield to take up the role of chief executive of Lomond Capital.
Marsh launches global mining practice
Marsh has set up a new global practice to target mining organisations that want to pursue growth opportunities outside their home countries.
Financial and Legal leave ABI in protest against review
Financial and Legal has become the latest legal expense insurer to resign from the Association of British Insurers in protest against the trade body's support of the Jackson Review.
Professional negligence claims set to rise
Professional negligence claims are expected to rise before the year is out, according to law firm Browne Jacobson.
Fitch affirms TU Europa SA IFS at 'BB'; Outlook Stable
Fitch Ratings has affirmed Towarzystwo Ubezpieczen Europa SA's and it’s wholly owned subsidiary Towarzystwo Ubezpieczen na Zycie Europa SA's, Insurer Financial Strength (IFS) ratings at 'BB'.
Insurance law change could mean cheaper access to space
On 4 July 2011, the licensing insurance requirements under the UK Outer Space Act 1986 have been reduced to €60 million from £100 million.
Guy Carpenter unveils hail model for Slovenia
Guy Carpenter has developed a hail model for Slovenia, providing the industry with a tool that allows insurers to quantify their exposure to the hail peril and to guide the structuring and pricing of reinsurance programmes.
Professional indemnity insurance brokers set to open Leeds office
Prime Risk Solutions has announced plans to open an office in Leeds as part of a bid to expand the business in the north of the country.
Fitch affirms TU Europa SA IFS at 'BB'; Outlook Stable
Fitch Ratings has affirmed Towarzystwo Ubezpieczen Europa SA's and it’s wholly owned subsidiary Towarzystwo Ubezpieczen na Zycie Europa SA's, Insurer Financial Strength (IFS) ratings at 'BB'.
Aviva reveals new commercial director
Aviva has confirmed that its UK chief risk officer has been lined up to take over the vacant commercial director role in November.
Guy Carpenter unveils hail model for Slovenia
Guy Carpenter has developed a hail model for Slovenia, providing the industry with a tool that allows insurers to quantify their exposure to the hail peril and to guide the structuring and pricing of reinsurance programmes.