News
Graham to rejoin Airmic in technical director role
Former Airmic chair and president of the Federation of European Risk Management Associations Julia Graham will be joining the association as technical director from 1 May.
Jelf buys claims firm Hamilton Bond Group
Jelf has acquired Worcester-based claims consultant Hamilton Bond Group with CEO Alex Alway citing the purchase as a response to challenges imposed on brokers under the Insurance Act.
Smith refutes bully claims at employment tribunal - report
Ex-RSA Insurance Ireland CEO Philip Smith has denied claims that he oversaw a culture of fear at the company that stopped colleagues from blowing the whistle on accounting problems.
Government moves to £1m per claim limit in draft riot bill
Government has proposed a £1m per claim limit for riot claims in the draft Riot Compensation Bill published today.
Apil demands change to 'archaic' laws on psychiatric harm
The Association of Personal Injury Lawyers has called for a change to the law regarding compensation for psychiatric harm.
Industry launches apprenticeship framework
A government-backed apprenticeship framework has been launched by the insurance industry which has the support of sector bodies the Association of British Insurers, the British Insurance Brokers' Association and the Chartered Insurance Institute.
The Military Mutual to offer policies for the armed forces
A new insurer will enter the market at the end of April, offering services exclusively to members of the armed forces and their families, The Military Mutual.
Generali turnaround completed a year early
Generali has completed its three-year turn around one year ahead of schedule after reporting "strong growth" for 2014.
Former Watchdog presenter to head recall review
Broadcaster and consumer campaigner Lynn Faulds Wood will lead a review of the UK’s system for the recall of unsafe products, Consumer Affairs Minister Jo Swinson announced today.
Arc Legal supports launch of non-standard home broker
Arc Legal Assistance is to provide legal expenses insurance for Intelligent Insurance, a new direct to consumer home insurance broker for both standard and non-standard risks.
Full year 2014 result likely to reflect profit warning says R&Q
Investor service provider and underwriting manager Randall & Quilter Investment Holdings has updated its trading forecast for the year ended 31 December 2014 ahead of the announcement of its final results.
Aviva bolsters whiplash fight with new proposals
Aviva has developed six recommendations for reducing the number of whiplash claims to help lower the cost of motor insurance for "fed up" customers.
PWC insurance tax expert not expecting budget surprises
PWC's insurance tax leader has told the sector not to expect any major concessions in next week's Budget.
Towergate names Ecclesiastical's Wood as Paymentshield boss
Ecclesiastical UK managing director Steve Wood has quit the insurer to take on the CEO role at Towergate-owned Paymentshield.
LV's O'Roarke targets motor reduction to 50% of portfolio
LV is aiming to “reduce its dependence on private motor” with much more of is business concentrated on the home and SME space, according to general insurance managing director John O’Roarke.
Esure tipped to wrestle market share from rivals once rates rise
Esure can win customers from “less efficient UK motor insurers” once motor pricing picks up, according to a report by Berenberg, which has backed the insurer's long-term prospects.
RSA strikes Amazon cloud computing deal
RSA has signed a contract with Amazon Web Services to use its cloud computing services across the group.
Big data tipped to impact insurers' credit ratings
Harnessing big data will be key to insurers' profitability, competitiveness and, in the long term, credit ratings, according to a Fitch Ratings report.
Seven law firms selected following NFU legal panel reshuffle
NFU Mutual has named a revised seven-strong legal panel to provide its claims and related legal services in England and Wales following a review and tender process.
Axa unveils commercial combined tool for brokers
Axa commercial lines and personal intermediary has launched a new e-traded commercial combined product, Axa Business Choice.
LV posts 'best ever' GI COR despite shrinking motor book
British insurer LV posted a 14% increase in operating profit to £92m (2013: £81m) for the 2014 financial year.
Kennedys agrees Singapore joint law venture
Law firm Kennedys has entered into a joint law venture with Singapore-based Legal Solutions.
Police Mutual sees 2014 income grow 15%
Police Mutual reported total income growth of 15% in 2014 alongside a £44m increase in funds under management from the beginning of the financial year.
Brokers urged to communicate better with 'at risk' care home market
Potential unrated insurer interest in the "at risk" care home sector has triggered the need for closer engagement between brokers and care home operators, according to one of the authors of a report into the sector.