News
Aon to cut up to 1800 jobs following Hewitt merger
Insurance broking giant Aon could shed 1500 to 1800 positions across the world as part of plans to integrate Hewitt Associates.
CII launches schools scheme
The Chartered Insurance Institute has unveiled a new outreach programme aimed at encouraging young people to consider a career in insurance.
Torus selects Guidewire software
Torus has selected Guidewire Claimcenter as its new global claims management system for all lines of business.
CMS Cameron McKenna slams competition proposal
Law firm CMS Cameron McKenna has criticised government proposals to merge the Office of Fair Trading and the Competition Commission claiming it could the equivalent of “replacing a Rolls Royce with a Mondeo”
Alan Turner rebrands as Seventeen Group
Insurance firm Alan Turner has been rebranded as the Seventeen Group.
Axa appoints e-commerce PL boss
Brett Bennett has been appointed head of e-commerce for Axa Direct and Swiftcover.
FSA bans broking firm founder for overchanging client £89 000
The Financial Services Authority has banned Paul Cable, director of Media and Entertainment Insurance Services, from acting as an FSA approved person for at least two years for attempting to overcharge a client by £89 000.
Beazley mourns the death of deputy chairman and co-founder
The board of Beazley has announced the death yesterday evening of its deputy chairman, Andrew Beazley, at the age of 57. Mr Beazley was co-founder of the company and its chief executive for twenty two of its twenty four year history.
Simply Business makes double management hire
Commercial insurance comparator Simply Business has appointed Kevin Fleming as chief financial officer and Lukas Oberhuber as chief technology officer.
Government proposes single competition body
The Competition Commission and the competition functions of the Office of Fair Trading are to be merged to form a single competition and markets authority, under new proposals by the Department for Business, Innovation and Skills.
IUA embraces impact of catastrophe modelling on insurance industry
The London market is developing an increasingly sophisticated catastrophe modelling community as companies look to support their operations with the latest techniques and research.
Michael Silcock to join JLT as partner
Jardine Lloyd Thompson has announced that Mr Silcock will be joining its financial risks business.
CC confirms PPI point of sale ban
The Competition Commission has confirmed its decision to introduce a point of sale prohibition on payment protection insurance.
Aon: energy rates rise over
The rapid price rises in the energy insurance market in response to this year’s massive losses were short-lived and previous trends have been reasserted.
IUA embraces impact of catastrophe modelling on insurance industry
The London market is developing an increasingly sophisticated catastrophe modelling community as companies look to support their operations with the latest techniques and research.
Manchester Underwriting appoints director
Managing general agent Manchester Underwriting has appointed Richard Webb as a director of the business.
Senior staff in the firing line as Zurich announces more cuts
A number of senior staff are among those to be impacted by a shake-up of Zurich's international general insurance operations, Post has learnt.
Canopius confirms KGM business review
Canopius has confirmed it is undertaking a review of KGM's involvement in the motorhome market.
LV appoints new personal lines director
LV Broker has promoted personal lines sales director Michael Lawrence to the newly created role of personal lines director.
Law firms continue to trade without PI insurance claims broker
A significant number of law firms closed their doors ahead of the 1 October professional indemnity insurance renewal deadline rather than face the high cost of premiums, according to a legal expert.
Senior staff in the firing line as Zurich announces more cuts
A number of senior staff are among those to be impacted by a shake-up of Zurich's international general insurance operations, Post has learnt.
FSA defends PPI rules
The Financial Services Authority has vowed to fight the British Bankers' Association's judicial review of new payment protection insurance complaints handling measures.
Aviva hands HR reins to outsourcer Hyphen
Aviva is outsourcing part of its HR function in a move that will hand responsibility for the management of recruitment administration activities to specialist process outsourcer Hyphen.
Thefts see Canopius review KGM's motorhome business
Canopius has confirmed it is undertaking a review of KGM's involvement in the motorhome market.