News
Increased regulation is no excuse for service decline, brokers tell insurers
Survey shows insurers and brokers disagree over reason for customer service drop
Woolgrove admits interest in replacing RSA’s Brown
Outgoing Direct Line Group personal lines boss Tom Woolgrove has admitted interest in replacing Adrian Brown as UK and Western Europe chief executive at RSA.
Cunningham Lindsey unveils global specialty markets unit
Cunningham Lindsey has today pulled back the curtain on its new global specialty markets team, based in London.
Xchanging signs claims processing contract with London market
Xchanging has agreed a three-year claims processing contract to support its Lloyd’s customers.
Telematics uncovers fraud in £54k Aviva claim
Telematics was the key in the dismissal of a £54 000 personal injury claim placed with Aviva, according to a motor fraud investigation company.
ABI issues guide to assessing non-modelled cat risks
The Association of British Insurers has published an industry guide to better identify, assess and manage non-modelled aspects of global catastrophe risks.
Zurich hands UK CUO role to EMEA personal lines boss Fresneau
Zurich has named its head of personal lines for Europe, the Middle East and Africa as its new UK chief underwriting officer for general insurance.
Marsh boss Julie Page to chair Biba international and wholesale advisory board
The British Insurance Brokers’ Association has named Marsh Limited chief executive for the UK’s consumer and commercial practice Julie Page as chair of its new international and wholesale brokers’ advisory board.
Ace completes Thai purchase
Ace has completed its acquisition of a 60.9% stake in the general insurance division of Siam Commercial Bank for $190m (4.5bn baht).
ABI close to naming Flood Re CEO as search for CFO begins
The Association of British Insurers expects to unveil a full time chief executive of Flood Re in June and has begun its search for a chief financial officer.
FSCS offers reassurance to defaulted Eric's UK policyholders
The majority of the European Risk Insurance Company’s UK policyholders are expected to be covered despite the unrated carrier going into default, according to the Financial Services Compensation Scheme.
Crawford makes third party administrator Broadspire global
Loss adjuster Crawford claims it has introduced the first 'truly global' third party administration service.
Allianz reports top ten driving distractions
The Allianz Center for Technology has unveiled the top distraction for drivers is phone use at the wheel.
Landmark plotting ‘no questions asked’ UK household pricing model
Risk modeller Landmark Insurance Services is working to launch a new ‘no questions asked’ household insurance pricing model.
Union bosses to protest AA debt loading ahead of Saga float
GMB union leaders will hold a protest outside the London Stock Exchange on Wednesday over the expected loading of £4bn debts on the AA motoring organisation once Saga floats.
Richard Thacker & Company snapped up by Integro
Manchester-based broker Richard Thacker & Company has been acquired by international insurance brokerage and risk management firm Integro for an undisclosed sum.
Homeowners urged to speak out against Flood Re exclusions
The British Property Federation is calling on flood-prone residents to speak out amid fears the introduction of the Flood Re scheme next year will leave millions without access to affordable flood cover.
First Assist to complete rebrand with legal business rename
First Assist Legal Protection is to be renamed Cigna Legal Protection from Thursday following Cigna’s acquisition of the business in November 2011.
Ageas expands Optima Bike policy
Ageas has expanded its Optima Bike motorcycle policy to include newer, higher value and high performance models.
IBSC chair Anscombe signs James Hallam up for Biba membership
Seventeen Group-owned broker James Hallam has become a member of the British Insurance Brokers’ Association.
Fraudster jailed after £2m PI claim to RSA disproved
A man who attempted to claim nearly £2m from RSA for a workplace injury is currently serving a six month jail sentence after pleading guilty to contempt in February.
Axa calls for reforms to tackle rising EL claims
Axa has called for tougher sanctions for claims management companies and an industry best practice guide on health and safety, after research showed employers' liability claims continue to rise.
Former Aon boss Martin named CEO of Willis Limited
Willis Group has appointed David Martin as chief executive of the group’s principal UK regulated entity Willis Limited.
Law Society to survey members on LEI
Arc Legal has cautioned respondents to a Law Society legal expenses insurance survey not to confuse commercial decisions by an insurer with dishonesty.