News
Schemes deal sealed between Arc Legal and new OIM Underwriting division
Arc Legal has reached an agreement on two legal expenses schemes with the new division of OIM Underwriting ‘e-Underwriting’ to provide cover as part of its household and property owners portfolios.
Travelers appoints Abramson European head of Legal from Flagstone
Travelers has appointed John Abramson as head of legal and compliance for its European businesses.
Aon Benfield and Ambiental join forces on flood mapping
Aon Benfield has teamed up with Ambiental to enhance the firm’s flood model development capabilities.
Indian medical costs predicted to rise 15% per annum
Future Generali India Insurance has predicted medical costs will rise by 15% annually.
Travelers snaps up Chartis boss for legal role
Travelers has appointed John Abramson to head of legal and compliance for its European businesses.
Sutton Winson recruits ex-Towergate account director
Insurance broker Sutton Winson has appointed Steve Barber, pictured, to commercial client account executive, based in Burgess Hill.
Merlin's Considine joins GAB Robins
Former Merlin regional manager and current Chartered Institute of Loss Adjusters Future Focus chairman Andrew Considine has joined GAB Robins.
Amlin reports leap in H1 profit to £184.5m
Amlin has reported profit before tax of £184.5m in the first half of this year compared to a loss of £192.3m in the first half of 2011.
Niche broker Campton to tap into Auto Trader site via Wanna Insure deal
Campton Insurance Brokers expects to have access to around 10 000 motorhome quotes per month following a deal with software firm Wanna Insure, which enables integration with Auto Trader’s price comparison website.
Welsh police crackdown on metal theft
Police in Gwent have arrested 862 people in connection with metal theft offences in the past 16 months- as the ongoing countrywide effort to crack down on the crime gathers pace.
Regional broker buys could boost Oval headcount by 200
Oval's plan to acquire insurance brokers in the next two years could add up to 200 more people to its 24-strong regional office network.
Amlin adds experienced non-executive director to its ranks
Amlin has appointed Shonaid Jemmett-Page, former chief operating officer of the UK government's CDC development finance institution, as a non-executive director.
Argent hands ex-Willis manager Scott business development role
Argent, a division of the Parabis Group, has recruited former global vacant property specialists VPS boss Chris Scott to the role of business development director.
Travel claims double in China with flight delays main culprit
Flight delays are the main reason for claiming on travel insurance policies in China.
QBE records 26% increase in insurance profit in H1 2012
QBE Insurance Group made an insurance profit of $965m for the first half of the year ended June 2012, an increase of $203m on 2011.
Aviva Asia acquires stake in Singapore PIAS
Aviva Asia is to acquire a majority stake in the holding company that owns Professional Investment Advisory Services, a financial advisory firm in Singapore.
Oval GWP jumps to £391m after 'substantial growth and contract wins'
Oval Insurance Brokers has posted a gross profit of £90m for the year ended 31 May 2012, a £4.7m increase on last year.
CCV chief operating officer Barr steps down
Graham Barr, pictured, has left his job as chief operating officer of Cullum Capital Ventures after less than a year.
Zurich boss hails 'strong' H1 results despite £19m flood loss
Zurich UK has admitted to losses of £19m as a result of the floods in the UK and Ireland during the first half of the year.
PWC: Eurozone crisis unlikely to cause widespread downgrades
The crisis in the Eurozone will not result in rating agencies downgrading general insurers en masse, according to PWC UK insurance leader Mark Stephen.
Williams: claims colleagues deserve equal pay and greater recognition
Axa's David Williams has called for parity in remunerating claims employees who possess equivalent knowledge and experience to their underwriting counterparts, as he departed the field last week to focus purely on underwriting.
Insurance Stategy 2012: Chartis UK MD Aubert to offer insights into volatile market
Chartis UK managing director Nicolas Aubert will join the Insurance Strategy line-up next month to take part in a panel discussion.
Fitch upgrades Hiscox to A+
Fitch Ratings has upgraded Hiscox Group's core entities insurer financial strength rating to A+ owing to the Lloyd's player's "track record of profitability".
David Mairs breaks his silence over Merlin demise
The founder of loss adjusting business Merlin has spoken out following the collapse of the business formerly known as Ashworth Mairs Group.