News
Twelve jobs at risk at the Chartered Insurance Institute
The Chartered Insurance Intitute has placed up to 12 people on redundancy consultation, Post understands.
Spain's Mapfre has 7.1% share of Latin America market
Mapfre continues to have the second largest market share in the Latin America insurance market, behind Bradesco Seguros, according to a survey published by the Insurance Sciences Institute of Fundación Mapfre.
Arista appoints underwriter in broker relationships initiative
Commercial lines underwriter Arista has appointed Mick Hunter as development underwriter in its St Albans office in a bid to boost relationships with brokers.
Eurobase continues hiring spree
Global software provider Eurobase Insurance Solutions has appointed David Towning as projects director and Caroline Bedford as senior business analyst.
Picknett leaves Groupama as restructure continues
Groupama Insurances has confirmed that 20 positions are at risk in the finance, IT, HR and marketing teams as the company moves to reduce expenses and restructure its central support functions.
DonFrancesco to leave Towergate
Towergate group head of marketing Marc DonFrancesco is leaving the business after six years.
US Risk plans Dubai launch
US Risk is seeking to establish broking operations in Dubai.
GAB Robins loss adjusters gain gold Dewpoint accreditation
A group of loss adjusters from GAB Robins has become the first to be admitted to the new Dewpoint Professional Accreditation Scheme.
RSA launches Fit to Drive campaign with MP support
MPs have signed an RSA campaign urging the government to change the law on how drivers' vision is assessed.
Outgoing Besso chairman Wade sells stake
Chairman Michael Wade has sold his stake in Besso to a consortium of investors, including BP Marsh.
Aria reaches partnership deal with Globe Med
Aria Assistance has signed a strategic partnership for the delivery of assistance services with Africa and Middle East regional healthcare business Globe Med.
AIA appoints Yeo Yong-Boon as non-exec director
Pan-Asian insurer AIA Group has appointed George Yeo Yong-Boon as an independent non-executive director
Keating starts UK General MD role
Mike Keating has completed his return to the industry, starting his new role as commercial managing director at UK General Insurance.
LDC takes 22.5% stake in Keoghs
Private equity investor LDC has invested in Keoghs, taking a 22.5% shareholding, after the law firm was approved for an alternative business structure.
Admiral slows rate of growth as Q3 turnover takes a slight dip
Admiral released its interim management statement this morning covering the past four months in which third-quarter figures showed a 5% reduction in UK car insurance turnover.
RTA Portal Co chooses IT partner for extension plans
RTA Portal Co has appointed CRIF Decision Solutions as a technology partner to implement changes to the existing electronic claims system as part of the extension of the RTA Protocol planned by the Ministry of Justice.
Quindell outlines growth potential with share placing agreement and key hire
Quindell has entered into a placement agreement with Cenkos Securities in a bid to support the firm's "aggressive" growth strategy.
Post acclaimed as the insurer trade publication of choice
Post won Financial Trade Publication of the Year at the 2012 Association of British Insurers' Financial Media Awards last night.
DLG Q3 combined ratio improves to 96.9%
Direct Line Group has reported a 4% slide in operating profit from ongoing operations for the third quarter 2012 of £123.7m compared with the same period in 2011.
Crawford names chief administrative officer for EMEA-AP
Crawford & Company has appointed Chris Pinney, pictured, as chief administrative officer for EMEA and Asia Pacific with effect from 1 November.
Allianz Global Assistance launches BMW and Mini repair offerings
German insurer Allianz Global Assistance is to launch products that provide BMW and Mini owners with cover for cosmetic repairs and wheel repairs.
Transactor wins solus software contract with Midas
Midas Underwriting has selected Transactor Global Solutions as its new software supplier.
Groupama to place 20 staff on redundancy consultation
Groupama Insurances has confirmed that up to 20 jobs in finance, IT, human resources and marketing are at risk as the firm seeks to reduce expenses and increase efficiencies.
Competition keeps prices low for Italian PI
Italian legislation making professional indemnity insurance compulsory presents opportunities for insurers, but competition is keeping prices low, according to Davide Balloco, head of PI for Markel in Italy.