News
Airmic 2011: Property rates to remain static, says Willis
The cost of commercial property and business interruption cover remains at an historic low, the latest Airmic-Advisen benchmarking survey of 135 Airmic members has found.
Airmic 2011: It is not necessary to increase fleet insurance costs each year, says QBE
“Fleet insurance costs do not need to go up each year – there is another way”, says QBE’s Doug Jenkins.
Airmic 2011: Generation Y could hold the key to corporate response to emerging technologies
The use of technology as a central part of their lifestyle separates Generation Y (those under 30 years old) from Generation X (everyone else), but risk managers rarely consider the threat that this cultural chasm represents, the Airmic conference heard…
Airmic 2011: Insurance requires “innovative thinking” to understand challenges of renewable energy market
The Insurance industry requires innovative thinking and a deep level of understanding if it is to face the challenges that come with the renewable energy market.
HDI-Gerling hires UK and Ireland liability head
Industrial Insurance Company HDI-Gerling has appointed Mark Appleton to the position of liability underwriting director for the UK and Ireland.
Airmic 2011: Managing global risks with the right knowledge
Delegates at Airmic were able to see a demonstration of ‘The Zurich Rick Room’ a tool designed by the insurer to help organisations plot their strategic direction in the face of a constantly changing risk landscape.
HDI-Gerling hires UK and Ireland liability head
Industrial Insurance Company HDI-Gerling has appointed Mark Appleton to the position of liability underwriting director for the UK and Ireland.
Giles sells life sciences book to Oamps
Giles is understood to have sold its life sciences business to Oamps Special Risks.
Xchanging makes board changes
London market services provider Xchanging has announced that Ken Lever will take over as chief executive officer on a permanent basis after four months as acting CEO.
Airmic 2011: Intermediaries need to better understand fraud
Insurance fraud is one of the biggest challenges facing the industry, yet 32% of intermediaries are only “somewhat clear” on exactly what constitutes insurance fraud.
Junction renews RAC tie-up
Junction has signed a new five year contract to handle the broker panel for RAC Insurance.
Legal & General joins Gocompare home insurance panel
Legal & General’s general insurance business has joined the home insurer panel at Gocompare, providing customers with access to Essentials and Extra home insurance cover.
Asferica gives Trust Risk Control UK presence
Trust Risk Control, the European network of independent insurance brokers, now has a representative presence in the UK through a co-operation agreement with Asferica Consulting.
Asferica gives Trust Risk Control UK presence
Trust Risk Control, the European network of independent insurance brokers, now has a representative presence in the UK through a co-operation agreement with Asferica Consulting.
New chief risk officer appointed at Travelers Europe
Kendra Felisky has been appointed by Travelers to the newly created position of chief risk officer for Europe, covering both Travelers Syndicate Management and Travelers Insurance Company.
Marsh urges European boards to focus on interconnected risks
Understanding the interconnected nature of the risks their organisations face and adopting a more dynamic approach to risk management should be key priorities for European boards in the wake of increased global perils, Marsh has said.
Garratts lands instructor contract
Insurance broker Garratts has landed a £500 000 contract to provide motor insurance for more than 1000 driving instructors.
Aon: Threat of political unrest equal to terrorism
Political violence, strikes, riots, civil war and war now threaten businesses' growth, continuity and profitability as much as terrorism, according to Aon Risk Solutions.
PI specialists offer claims handling
Professional Indemnity specialist Beale and Company Solicitors LLP has appointed Simon Wright to head up their new claims handling department, which will provide claims handling solutions to professional indemnity insurers.
Lloyd's in court over Jackson cancellation tour
Lloyd’s has asked a judge to cancel an insurance policy issued to cover Michael Jackson’s This Is It tour in April 2009, arguing that the pop star’s concert promoters withheld medical information.
New chief risk officer appointed at Travelers Europe
Kendra Felisky has been appointed by Travelers to the newly created position of chief risk officer for Europe, covering both Travelers Syndicate Management and Travelers Insurance Company.
Marsh urges European boards to focus on interconnected risks
Understanding the interconnected nature of the risks their organisations face and adopting a more dynamic approach to risk management should be key priorities for European boards in the wake of increased global perils, Marsh has said.
Aon: Threat of political unrest equal to terrorism
Political violence, strikes, riots, civil war and war now threaten businesses' growth, continuity and profitability as much as terrorism, according to Aon Risk Solutions.
Marsh and Munich Re offer nat cat services
Marsh has launched a suite of services that aims to assist clients in managing their natural catastrophe risks more effectively and speeding up recovery from any losses.