News
CDL recruits former Carole Nash IT boss
Insurance software house CDL has named former Carole Nash IT head Stuart Richie as its first compliance manager.
Biba hails improved insurance access for older customers
New figures show a steep rise in the use of signposting services used to refer customers when an insurer or broker can’t offer motor or travel cover due to the age of a customer.
FCA selects Premium Credit as instalments payments provider
Premium Credit has been awarded a three-year contract to provide the official solution for Financial Conduct Authority authorised firms to spread the costs of their regulatory fees across monthly instalments.
Insurance fraud up 7% in 2012
Insurance fraud increased by seven per cent last year, with 12 in every 10 000 applications and claims in 2012 found to be fraudulent, according to Experian.
Lack of confidence in financial institutions noted by EU watchdogs in joint report
The Joint Committee of the European Supervisory Authorities today published its first report on Risks and Vulnerabilities in the European Union’s Financial System.
Miller appoints O'Neil in Singapore client role
Specialist broker Miller Insurance has appointed Nick O'Neil in a new business development and client servicing role in Singapore in its Asian facultative reinsurance business.
Cyber risk is a "top concern" in Asia, says Marsh
A Marsh survey of insurance buyers at the Advisen Cyber Liability Insights conference in Singapore held on 9 April showed data privacy and cyber risk are a growing concern for businesses across the continent.
Manslaughter charges over Lamma Island ferry accident
The captains of the two vessels which collided off Lamma Island in Hong Kong on 1 October have been charged with manslaughter.
Indian regulator weary of fake insurers
The Insurance Regulatory and Development Authority in India has warned the general public to be careful of logistic services providers selling insurance illegally.
Taiwan warns citizens to delay trips to South Korea
Taiwan's foreign ministry has asked its citizens to delay trips to South Korea for business, holidays and education.
Andrew Jones appointed CEO of Thomas Miller for Asia-Pacific
Andrew Jones has been appointed CEO of Thomas Miller (Asia-Pacific) from the beginning of April.
Allianz & Covéa win RSA subrogation appeal decision
Allianz and Covéa have been handed the right to appeal last year’s High Court RSA subrogation verdict.
Croatia to invite bids for state-owned insurer
The Croatian government is gearing up to privatize the country's biggest insurance company and seventh biggest bank, according to reports.
Brokerslink launches employee benefits practice group
International broking network Brokerslink launched a a Global Employee Benefits Practice Group on Thursday.
MGAA begins chief exec hunt
Managing General Agents’ Association chairman Reg Brown is hoping to install a new, full-time chief executive at the industry body by February next year.
QBE acquires HSBC's Macau GI business
HSBC Insurance (Asia) has entered into an agreement to dispose of its general insurance business in Macau to QBE Insurance (International) as the bank continues to sell insurance businesses in Asia.
CCV expands with two acquisitions
Cullum Capital Ventures, part of the Towergate Insurance Group, has acquired Morgan Brokers and its subsidiary company M Wood Insurance Services, as well as Newbold Barwick Associates.
Couple who funded luxury lifestyle through ghost broking are jailed
A couple who funded a jet-set lifestyle having failed to pay tax on £920 000 of earnings pocketed as ghost brokers have been slapped with custodial sentences.
Aviva commercial director Thornton to join Lloyds Banking Group
Lloyds Banking Group has appointed Aviva commercial director Craig Thornton to the role of general insurance director.
Warren Merritt joins Lockton in Australia
Lockton has recruited the former Asia CEO of Jardine Lloyd Thompson Warren Merritt to join its Australian operation.
Teesside-based broker makes triple hire ahead of commercial push
Henderson Insurance Brokers has made a trio of appointments, in a bid to further boost its commercial division.
Turkish insurance sector to receive investment boost
Asian and European investors will focus on Turkey's insurance sector in 2013, particularly as a result of government incentives offered in private pension plans, according to Ernst & Young.
Broker Network adds two to insurer relations team
Towergate-owned Broker Network and Countrywide has grown its insurer relations team with the addition of Axa’s Dave Wilkins alongside an internal promotion.
Brokers Link hires employee benefits expert to head up new practice group
Broking network Brokers Link has launched a global employee benefits practice group and appointed Gerard Baltazar as its first chairman.