News
MIB extends shifts to 3am to step up support for police
The Motor Insurers’ Bureau has extended the operational hours of its dedicated police helpline in a bid to step up the offensive against uninsured motorists and deliver better support for roads policing teams across the UK.
Pet Plan revamps friend referral scheme with Digital Animal partnership
Pet Plan has partnered with technology business Digital Animal on a social media marketing campaign to replace its manual "recommend-a-friend" scheme.
Hiscox appoints Krefta to Syndicate 33
Hiscox Re chief underwriting officer Michael Krefta has been appointed joint active underwriter for Syndicate 33 and active underwriter for Syndicate 6104.
Lloyds Bank hires BAML's Braithwaite to lead institutional insurance
Lloyds Bank Commercial Banking has appointed Gareth Braithwaite from Bank of America Merrill Lynch to head up the institutional insurance team within its financial institutions division.
Montague to head Aviva board from April 2015
Sir Adrian Montague is to take over as non-executive chairman of Aviva after the retirement of John McFarlane in April 2015.
Skuld reports record H1 contingency reserves
Norwegian marine insurer Skuld has reported record contingency reserves of $354m (£217.7m) for the first half of the year.
Prosight grows footprint with string of hires
Prosight Specialty Underwriters has established an accident and health team in the London market and appointed Roger Perry as lead underwriter.
Gaywood takes up AA fraud role
Steve Gaywood has been appointed counter fraud head at AA Technical Solutions.
Data and Analytics Asia Q+A: Oliver Rust, Nielsen
Postonline interviews Oliver Rust, head of global financial services, Nielsen.
Indian insurers face $107m loss over refinery
A vapour fire explosion at an oil refinery owned by HPCL-Mittal Energy in Bathinda, Punjab has triggered a major claim.
Over 460 dead from Pakistan and India flooding
460 people have been killed by horrific floods in India and Pakistan which have already displaced a million people.
Green boosts GWP by £2m with twin purchase
Green Insurance Group has completed a double swoop for SME and personal lines Sussex-based brokers T&L Financial and Mayman Financial Services.
ABI data finds 84 000 bodily injury claims settled in Q2
There were around 84 000 bodily injury claims settled in Q2 2014, according to new data from the Association of British Insurers.
RSA claims boss Pitt departs ahead of October start date at Esure
RSA UK and Western Europe claims director David Pitt will leave the insurer this week ahead of taking on the role of chief operating officer at Esure next month.
One Answer Network hands MD role to Erwin as Muir becomes chairman
Former Westinsure Broker Network managing director Norrie Erwin has taken over the reins at rival operation One Answer Network.
Weather index MGA to target brokers after securing capacity
The first UK-flagged weather index coverholder is targeting a range of smaller broking partners after securing underwriting capacity from a panel of market players.
Ageas signs five year partnership extension with Toyota
Ageas and Aioi Nissay Dowa Insurance Company of Europe have announced a new five year deal regarding the provision of insurance to Toyota’s 1.3 million UK Toyota and Lexus customers.
Gable sees 43% H1 GWP leap
Gable Holdings has reported a 43% increase in gross written premiums for the six months ended 30 June 2014 to £39m (H1 2013: £27.3m).
Gable partners with Iprism on £100m UK agreement
Lichtenstein-based insurer Gable has partnered with Iprism Underwriting Agency to write commercial business in the UK market.
XL transfers kidnap and ransom underwriter to Asia
XL Group has transferred kidnap and ransom underwriter Alex Smith to Hong Kong to establish a kidnap and ransom capability in Asia.
Conservative peer awarded top EC finance brief
Conservative peer Jonathan Hill, a former PR man and education minister, has been appointed as the new European commissioner for financial stability and regulation.
Sportscover enters strategic talks with Hamilton Insurance Group
Lloyd's insurer Sportscover and Bermuda-based property and casualty insurer Hamilton Insurance Group have entered into exclusive talks around the future control of Sportscover Underwriting.
Three quarters of professionals undervalue property and possessions
Three-quarters of professionals risk losing thousands of pounds when making claims on their home insurance policy because they have underestimated the value of their property and possessions, according to research by financial advisory service Wesleyan.
Bluefin hires ex Giles golf specialist as NI head of sport
Bluefin Insurance has appointed Alyn Spratt as head of sport for Northern Ireland.