News
Axa overhauls PL intermediary for development underwriter model
Axa is to embark on a radical restructure of its personal lines intermediary division, providing brokers with more access to underwriters in their own offices.
Axa's Karen Hogg resigns three months into strategic partnerships role
Axa’s director of strategic partnerships Karen Hogg has resigned just three months after stepping into the role.
Rural's Mike Ellis to become Broker Network Underwriting MD
Broker Network Underwriting boss Paul Bennett will leave Broker Network at the end of June to pursue “other opportunities”, the group has confirmed.
PL market 'underserved' by commercial-focused brokers says Brown
The personal lines market remains poorly served by commercial-based brokers according to newly appointed Gallagher executive chairman of underwriting and distribution Adrian Brown.
British Insurance Awards 2014 shortlist video
On 9 July 2014, Post will celebrate 20 years of the renowned British Insurance Awards, and what a spectacular two decades it has been.
RSA tipped to review scale of UK operation following Brown departure
Industry commentators are unanimous Adrian Brown’s departure from RSA is a loss for the company amid suggestions group chief executive Stephen Hester could now look to downsize its UK operation.
Quindell signs deal as Ebitda rises
Quindell has reported gross sales of almost £163m in the first quarter of 2014, as its subsidiary 360 Globalnet has agreed two five-year property claims deals worth £20m with an unnamed direct UK insurer.
Novae to manage Stride MGA Portus Underwriting
Stride Insurance Group has launched a new managing general agent facility for property owners insurance backed by the Lloyd’s market.
Swinton promotes centre mangers in Burnley and Grimsby
Swinton has heralded its commitment to nurturing talent from within the business following the appointment of Nicholas Ascott and Jemma Nicholson to the position of regional centre managers.
Calls for tougher sentences for heritage crime backed by Ecclesiastical
Ecclesiastical has described government proposals for tougher sentences for criminals damaging heritage and faith buildings as “a positive step in the fight against heritage crime”.
Brindle’s departure to spark short-term uncertainty
Investment bank Espirito Santo says the “shock announcement” of Richard Brindle’s departure from Lancashire Holdings will initially be taken negatively by the market.
Lorega launches online tool for brokers
Lorega has launched an online quote-and-buy facility for brokers allowing access to its range of commercial products for SME clients.
Aviva simplifies Italian life joint ventures
Aviva has reached an agreement with UBI Banca and Unicredit to restructure its life joint ventures in Italy.
Brindle retires from Lancashire amid leadership shuffle
Lancashire Holdings founder and group chief executive Richard Brindle is retiring from the business at the end of the month.
Disability charity says home insurance websites discriminate against disabled
Badly designed websites could be leaving major UK home insurers exposed to potential discrimination lawsuits by excluding more than 11 million disabled consumers from purchasing cover online.
Gallagher CEO Ross hails 'huge hire' of RSA stalwart Brown
Arthur J Gallagher has welcomed the hire of RSA UK and Western Europe chief executive Adrian Brown to its board.
Industry promises claims handling improvement after review finds issues
Regulator’s investigation highlights concerns over customer experience.
Brown quits RSA to take on role at Arthur J Gallagher
RSA UK and Western Europe chief executive Adrian Brown has resigned from his role and is to join the board of Arthur J Gallagher as executive chairman of underwriting and distribution.
Caution urged against using widescale exclusions in cyber policies
Insurers are facing calls to stop embedding sweeping exclusions into cyber policies following the emergence of the internet-based Heartbleed bug and Microsoft discontinuing protection updates for its Windows XP operating system.
South Korea ferry sinks
A large car and passenger ferry has sunk off the coast of South Korea after it reportedly hit rocks this morning.
Profitability under pressure at Chinese insurers, says Towers Watson
Softening rates, increased expenses and loss ratios will see China's insurers profitability come under increasing pressure according to Jenny Lai, consultant, property and casualty insurance, China, Towers Watson.
85% of workplace injuries uncompensated says Apil
A huge majority of workplace related injuries and illnesses remain uncompensated according to figures released by the Association of Personal Injury Lawyers.
SEIB completes Lansdown buy
South Essex Insurance Brokers has completed the purchase of Lansdown Insurance Brokers, retaining partners Ray Gill and Fred Irvine.
DLG’s Brown joins KPMG as partner
Direct Line Group’s David Brown has been appointed a non-life actuarial partner in KPMG’s insurance practice.