News
Euler Hermes signs trade credit insurance agreement with HSBC
Euler Hermes is to become the exclusive supplier of trade credit insurance to HSBC's commercial banking customers.
SARS-like virus kills five in Saudi Arabia
Five people have died and two are ill in Saudi Arabia after contracting a SARS-like virus.
Dual revamps senior management team
Hyperion Insurance Group’s underwriting arm Dual has made three senior appointments within its UK operation.
SRA chief Townsend to step down
Solicitors Regulation Authority chief executive Antony Townsend will leave his role later this year.
Ex-Groupama claims director Wills joins Nationwide accident repair firm
Former claims director at Groupama Insurances, Darren Wills, has been appointed operations director of Nationwide Network Services’ accident management division.
Arag hires trio to join before-the-event claims team
Legal expenses insurer Arag has boosted its claims department with the addition of two new claim handlers and a senior claims handler.
Allianz eyes international health top spot
Allianz plans to be the number one international health insurer by 2014, the chief executive of Allianz Worldwide Care has revealed.
AI: More prosecutions would help the fight against insurance fraud
Insurers' appetite for prosecution could help reduce motor fraud, David Montgomery, chief executive at Armour Intelligence said.
First Title recruits from Law Society for business development boss
Legal indemnity provider First Title Insurance has recruited former Law Society brand boss Neil Skinner to lead business development in Scotland and Ireland.
UK General to launch niche motor scheme alongside Enterprise
UK General is preparing to launch itself into the non-standard motor arena with a scheme for brokers, in partnership with Gibraltar-based motor and general insurer Enterprise Insurance.
Swiss Re "on target" after $1.4bn Q1 net income
Swiss Re is “on track to achieve its financial targets” after posting net income of $1.4bn for the first quarter, up 21% on the prior year period.
Swiss Re Q1 income jumps 21%
Swiss Re is “on track to achieve its financial targets” after posting net income of $1.4bn for the first quarter, up 21% on the prior year period.
Bought By Many and Travel Adder to offer travel insurance for over 65s
Social media powered insurance intermediary Bought By Many has partnered with Travel Adder to launch a travel insurance policy for over 65 year-olds.
Former IFB and Groupama director Phil Bird returns as a broker with Coversure
Former Groupama Insurances claims and non-motor & SME underwriting director director Phil Bird is to return to the insurance market in June as a broker with Coversure based in Essex.
More than 1000 UK motorists attacked by missiles in 2012
On average two motorists were attacked by thrown missiles every day of 2012, according to figures obtained by Autoglass.
QBE to grow Singapore political violence book
QBE, the business insurance specialist, plans to further develop its book of political violence business written in South East Asia with a three year business plan for profitable growth.
Multilingual travel assistance tool launched
A travel assistance service offering UK tourists and business travellers telephone support in their own language has launched.
Axa to launch a new personal lines proposition at Biba 2013
Axa commercial lines and personal intermediary will launch a new personal lines strategy at the British Insurance Brokers’ Association’s conference.
Ageas joins Hood Group home insurance panel
The Hood Group has added Ageas to its home insurance panel in a deal that will safeguard the insurer’s engagement for the next five years.
DLG forecast to lose UK motor market share at Q1
Direct Line Group could see its share of the UK motor market diminished in its first quarter results on Friday, according to an analyst note.
L&G chalks up 4% GWP increase amid record gains
Legal and General’s general insurance business achieved gross written premium growth of £86m, up 4% on the first quarter of last year (£83m).
Quindell Portfolio wins accident management contract
Quindell Portfolio has won a contract with an accident management company which will see the software, consultancy and technology provider aggregate volume from smaller brokers and other insurance intermediaries.
AIG targets marine, P&C growth in London
US insurance giant AIG is hoping to see its European operation, which includes the business formerly known as Chartis, grow in London’s wholesale market.
Lancashire CEO Brindle admits Aon/Berkshire deal concerns as it unveils $77.9m Q1 profit
Lancashire Holdings this morning reported a jump in pre-tax profit and post tax profit for the first quarter of 2013 to $78.9m (Q1 2012: $46.5m) and $ 77.9m (Q1 $45.6m) respectively.