News
Swiss Re chief risk officer departs in management shake up
Swiss Re has established a new leadership structure, which it claims broadens the market representation at executive committee level and better align with client needs.
Geneva Association names new insurance head
International insurance think tank The Geneva Association has named former Zurich head of financial accounting Daniel Haefeli as the head of its insurance and finance programme.
Geneva Association names new insurance head
International insurance think tank The Geneva Association has named former Zurich head of financial accounting Daniel Haefeli as the head of its insurance and finance programme.
Hyperion agrees Accette Insurance Group purchase
Hyperion Broking Group has agreed to acquire Singapore’s Accette Insurance Group.
Legal Services Board backs Consumer Panel over referral fees
The Legal Services Board has today published proposals for improving the regulation of referral fees and arrangements.
Tories slam EU sex insurance decision as "madness"
The Conservative Party has slammed the EU's Advocate General decision that to take the sex of a person into consideration for insurance purposes was against a person’s fundamental rights.
Tories slam EU sex insurance decision as "madness"
The Conservative Party has slammed the EU's Advocate General decision that to take the sex of a person into consideration for insurance purposes was against a person’s fundamental rights.
Equalities Act may take some employers by surprise
Law firm Beachcroft said that the Equality Act which has been five years in the making and comes into force in 1 October, may take some employers by surprise.
BIS 2010 - News: Solvency II will give competitive advantage to big players
Large diverse European insurers such as Generali, Axa, and Allianz may be the "big winners" under Solvency II, an ABI director has predicted.
BIS 2010 - News: LV boss rules out move into direct SME marketplace
The LV brand will not cross over into the fledgling direct insurance SME space, according to LV Broker managing director Phil Bunker.
BIS 2010 - News: Grads "don't understand" insurance industry
The insurance industry must overcome perceptions of being "boring, difficult to deal with and overly complex" to attract a new generation of talent, according to Chartered Insurance Institute president Chris Hanks.
BIS 2010 - News: SME sector set to be next big thing for aggregator sites
Price comparison site Beat That Quote has hinted it could move into SME insurance after earmarking the sector as the next stage of aggregator growth.
E&Y warns of 'black hole' investment in risk management
Almost half (41%) of global companies plan to increase their spending on governance, risk management and compliance in the next 12-18 months, but around the same number (44%) admit they find implementing these measures difficult.
BIS 2010 - News: ERM reduces volatility
In highlighting the need for clients to understand an insurer's risk, Nigel Bamber, XL Insurance head of client relationship management UK, asked: "Is the insurer like a doctor who smokes?"
BIS 2010 - News: Public sector can help fight against fraudulent applications
The public and private sectors should be working together to tackle fraud at the point of application.
Guidewire Software unveils CEO
Guidewire Software has appointed the co-founder og Guidewire as its new chief executive officer.
BIS 2010 - News: CEOs say industry must do more on innovation
The insurance industry needs to sell itself better and attract quality individuals in order to be more innovative, according to Stephen Lewis, UK chief executive, general insurance at Zurich.
Antur Insurance warns ambulance companies on getting the right cover
Antur Insurance said it has seen a rise in the number of new enquiries from private ambulance companies that are operating without the correct insurance cover.
BIS 2010 - News: Solvency II should lead to hard market return
The implementation of Solvency II could lead to the return of a hard market, according to John Neal, chief underwriting officer, QBE Europe.
BIS 2010 - News: Company culture is the key to success
The culture of a company is the single most important ingredient to success, according to Jeneen Minter, director of finance at Zappos.
Suspended Rok director resigns
Ashley Martin, who was suspended by Rok after the discovery of failings in the control of its plumbing, heating and electrical business, has resigned from the business.
BIS 2010 - News: UK industry 'too fragmented' to have international impact
The UK insurance industry may fail to get its voice heard at home and on an international stage because it is too "fractured".
BIS 2010 - News: CEBR warns of "sluggish" insurance market
The economic landscape post-credit crunch is causing growth in the European insurance market to slow, the Centre for Economics and Business Research has claimed.
BIS 2010 - News: Hiscox boss calls for break up of ABI
Bronek Masojada, chief executive of Hiscox, has called for a separate trade body to represent the interests of general insurance from those of the life and savings sector.