News
Protect Your Bubble launches in Ireland
Specialist gadget insurer Protect Your Bubble launched today in the Republic of Ireland.
Protect Your Bubble head has “high hopes” as it launches in Ireland
Specialist gadget insurer Protect Your Bubble launched today in the Republic of Ireland, a market it said had “a high proliferation of gadgets and an unmet need for specialist insurance”.
Regulation needed to boost cyber take up in Europe says Horton
The introduction of European Union data breach notification legislation is needed to spur the uptake of cyber policies in Europe, according to Beazley’s chief executive Andrew Horton.
CDL launches big data analytics solution
Insurance software company CDL has released a management information solution to enable insurers’ retailers to apply big data analytics to their operations.
Insured impact from Gansu quake not likely to be significant
Catastrophe modelling firm AIR Worldwide has said it does not expect significant insured losses from the devastating earthquake in Gansu Province, China this week.
'Competitive headwinds' challenge Beazley growth expectations
Beazley chief Andrew Horton believes the firm can continue to achieve profitable growth, despite the influx of new capital in the reinsurance market and broker-led quota-share agreements.
Bluefin welcomes regional MDs as restructure sees Owen's role expanded
Bluefin has completed a number of internal promotions and structural changes as part of its ongoing strategic development plan.
Tysers hires trio to form North American PL team
Tysers has appointed David Doe, Jonathan Doel and Sue Korth to form a North American professional liability team.
Beazley improves COR as investment returns plummet
Beazley trimmed its combined operating ratio to 89% in the first half of the year (H1 2012: 91%), however the firm’s investment returns were hit by market losses in fixed income holdings.
Barker appointed as Marsh chairman
Jane Barker, a non executive director at Marsh, will become chairman on 1 August.
Insurers stop new policies after New Zealand earthquake
Some insurance companies are refusing policies to new customers in central New Zealand after Sunday's 6.5 earthquake.
United India Insurance to open 530 more branches
India's second largest insurer plans to open 530 more offices across India by the end of the year.
QBE's property, casualty and motor CUO Bathia departs
Ash Bathia, chief underwriting officer of QBE’s property, casualty & motor division is leaving the company.
Lloyd’s brokers sign up for VIPR Bordereaux product
Two Lloyd’s brokers have partnered with VIPR to use its software and systems.
Ageas claims team undertakes motorcycle training
Groupama Insurances, soon to be Ageas Insurance Limited, has put its motorcycle claims team through a series of training sessions to help them understand the needs of motorcyclists when handling claims.
Insurers in the dark over how pensions deficit input will impact levies
Insurers are unlikely to find out how much of an impact a £200m pensions deficit left over from the Financial Services Authority will have on their individual levies, in spite of changes to plans that will see them contribute more.
Axa settles ahead of its first Accident Exchange retrial
Axa has agreed an estimated £30 000 settlement, ending the prospect of what would have been the first retrial for the insurer in its ongoing legal battles over Accident Exchange credit hire rates.
Italian aggregators double policy sales in H1
Policies brokered by Italian aggregators in the first sixth months of 2013 were up 58% over the same period of 2012, according to research by CP Consulting.
Italian aggregators achieve steady growth in H1
Policies brokered by Italian aggregators in the first sixth months of 2013 were up 58% over the same period of 2012, according to research by CP Consulting.
Elite launches motor business
Elite Insurance Company has launched a motor business and is aiming to achieve £20m GWP in its first year.
Lloyd's earns postive ratings outlook after coping with record cat activity
A.M. Best has revised Lloyd’s outlook to positive from stable and affirmed the financial strength rating of ‘A’ (excellent) and issuer credit ratings of ‘A+’.
Le Prevost promoted to the board of JLT Insurance Management
JLT Insurance Management (Guernsey) has appointed Shaun Le Prevost to the board of the company.
Ascot CUO Pepper named London’s most credible underwriter
Ascot chief underwriting officer Mark Pepper has been named as the most credible underwriter in the London market in a study by Gracechurch Consulting.
Motor specialist Sky Insurance goes live on Transactor
Motor specialist Sky Insurance has gone live on a Transactor software solution following a 10 month project.