News
XL launches operational risks team
XL Group has established an operational risks team to provide operational risk cover to financial institutions clients.
Matras returns to Axa as personal lines intermediary MD
Former Groupama Insurances managing director Laurent Matras has returned to Axa as managing director of the insurer’s personal lines intermediary division.
Gee 7 Group seeks apology from Umunna over mis-selling claims
The company accused of arranging personal accident insurance packages that were allegedly mis-sold by employment agencies is seeking a full apology from the MP that made the claims.
BPL Global appoints ex-JLT director in Hong Kong
Ex-JLT divisional director Margaret Ho has joined political risk broker Berry Palmer and Lyle (BPL Global) as a senior broker at its Hong Kong office.
Comprehensive motor policy falls by 9% says ABI
The cost of the average private comprehensive motor insurance policy fell by 9% during 2013 compared to 2012, according to the ABI’s new quarterly average private comprehensive motor insurance premium tracker, launched today.
Ecclesiastical completes relocation of Manchester office
Ecclesiastical has relocated its Manchester-based teams to new premises in the city centre, in a move that is expected to provide additional space for regional growth.
Hampden Underwriting completes Helios re-brand
Hampden Underwriting completes Helios re-brand Hampden Underwriting has been handed regulatory and shareholder approval to changes its name to Helios Underwriting.
China Pacific in line for bumper 2013
China Pacific Insurance (Group) has said it expects profits to have jumped 80% in 2013.
London P&I Club issues warning over cargo liquefaction
The London P&I Club has said the lifting of an iron ore ban in India, together with the recent total loss of two ships, has put the spotlight on the problem of cargo liquefaction.
UK fraud specialist launches in Australia
VFM Services, a desktop claims handler and trainer, is making its conversation management tool and training offering available in Australia.
ABI to defend merits of driving curfew at Westminster talks
The Association of British Insurers has reiterated its backing for the introduction of a curfew for young drivers in the face of growing calls from telematics firms for government to scrap the proposed scheme.
Manchester and London most targeted by home burglars
Manchester suburbs Barlow Moor and Chorlton-cum-Hardy were ranked top of a Money Supermarket list of UK areas most likely to file a home insurance burglary claim.
LV Broker agrees motor partnership with Reach Financial Services
LV Broker has reached a £1m deal to offer its ABC and Highway products on the Reach Financial Services panel.
Wunelli adds support to non-curfew solution ahead of government debate
Wunelli is calling on government to introduce policy adjustments as opposed to implementing a nighttime curfew for young drivers, ahead of a Westminster debate with telematics providers next week.
Brightside raises capital to avoid convenant breach
Broker Brightside Group has successfully raised £6,844,110 by the placing of 45,627,400 new ordinary shares of 1 pence each at the placing price of 15 pence per share.
'Profiteering' employment agencies accused of mis-selling by MP
A government body is investigating whether employment agencies have been mis-selling workers personal accident insurance.
Cunningham Lindsey appoints Hughes to environment role
Cunningham Lindsey has appointed Simon Hughes as an environmental consultant in its environmental solutions team.
Aviva’s risk boss appointed ORIC chair
The Operational Risk Consortium has appointed Aviva group operational risk director Michael Sicsic as its board chair.
BPF brands ABI Flood Re claims ‘misleading’
Claims from the Association of British Insurers that the Government’s new flood insurance scheme, Flood Re “will cover domestic properties regardless of whether leasehold or freehold”, have been branded misleading by the British Property Federation.
Ace hires head of marine insurance for Asia-Pacific
Ace Group has appointed Anthony O’Brien as its head of marine insurance, Asia-Pacific.
Floods in Indonesia cause havoc
Over the last two weeks, floods and landslides have continued in Indonesia including the capital Jakarta, Java, Sumatra, Sulawesi and the Kalimantan Islands.
Three way battle for ASEAN regional hub, says Clyde & Co
Law firm Clyde & Co believes Singapore will increasingly become the 'destination of choice' to access the ASEAN insurance community.
Interglobal bolsters Asia team
International health insurer Interglobal has appointed a head of sales for the Singapore market and created a development manager role for other Asian markets including Malaysia, Sri Lanka and the Philippines.
Davies appointed to Yorkshire tyre blaze
Garwyn Davies Liability has been appointed by a public liability insurer to handle a tyre fire in Yorkshire.