News
Flooding underlines importance of Statement of Principles
PWC has warned at risk homeowners that the current flooding affecting the UK is a stark reminder of the challenges they may face when the Statement of Principles expires.
UIB appoints new non-exec
Globsl reinsurance broker UIB has appointed Ralph Sharp as a board member and non-executive director for both UIB Ltd and UIB Holdings.
Mapfre consolidates Italian position with travel tie-up
Mapfre Assistance has signed an agreement with Intermundial company,the third biggest Spanish travel insurance group by market share, to provide a range of policies on the Italian market.
Allianz retail arm completes 'Clear' launch with houshold offering
The Allianz retail arm has completed the final phase of its Clear product launch, following a deal that will see the operation’s Clear household product available through Adrian Flux brokerage.
Direct Line to activate emergency flood plan this weekend
Direct Line has lined up teams of property insurance advisers who will be deployed to flooding hotspots around the UK ahead of another weekend of predicted heavy rainfall.
Vietnam's PM urges health insurance reform
Vietnam's Prime Minister unveiled a vision of a more equitable health insurance system at a meeting on the country's Health Insurance Day.
Aviva hiring spree to fill 220 Irish vacancies
Aviva plans to recruit 220 new staff to its Galway office.
220 jobs up for grabs at Aviva Ireland 'centre of excellence'
Aviva is undergoing an Irish recruitment drive following the news that the insurer is looking to fill 220 vacancies within its Galway office.
Analysts claim Aviva business exit could spark shares re-rate
Analysts believe Aviva’s decision to scrap 16 of its most under-performing business units is likely to prove “challenging” given market conditions, however success could result in a shares re-rate.
Olympics Countdown: Q&A with Rebecca Romero
Allianz-sponsored Olympic rowing silver medalist and world and Olympic cycling champion Rebecca Romero talks DIY, paper rounds and Joan of Arc.
Bosse steps down from Amlin board
Christine Bosse has retired from her position on the Amlin board after serving as a non-executive director at the firm for the past four years.
Huatai is "first Chinese firm to deploy fraud protection"
Chinese property insurer Huatai is to use Fico Solutions’ fraud protection product in an effort to reduce losses from auto insurance claims fraud and accelerate its claims processing.
Cellerini takes over from Haugh as Zurich global corporate CEO
Zurich has appointed long-standing management figure Vinicio Cellerini to the position of UK global corporate chief executive.
Atradius still on cover in Greece
Credit insurer Atradius is continuing to offer trade credit cover for Greece, despite the economic turmoil facing the country.
Broker knowledge gap still an issue for cyber market
Limited broker knowledge is a challenge for cyber insurers trying to raise customer awareness of the products available, according to Geoff White, Zurich's senior market underwriter for techmedia.
Further commercial SME losses reported in wake of flooding
The Preston-based Independent Group has become the latest regional adjuster to mobilise its teams across flood-hit regions, after it recorded a significant increase in claim volumes this week.
Aviva chairman vows to exit underperforming segments
Aviva’s new chairman has pledged to cull 16 underperforming segments as part of a business revamped strategy.
"More of the same" from GI man Spencer
Aviva’s UK chairman Trevor Matthews said the general insurance business is “firmly embedded in the group” and welcomed “GI man” Robin Spencer on board as the new chief executive of the UK & Ireland general insurance operations.
"High roller" attacks show banks underestimate cyber risks
Many online banking systems rely dangerously on PCs being secure according to the European Union’s cyber security agency.
Brokers will use downgraded insurers, but only if clients make the request
Brokers have admitted they will continue to work with downgraded insurers at clients’ requests, despite rating agency Fitch conceding there is no end in sight to potential downgrades linked to the Eurozone crisis.
Brightside to become Asda's home and motor insurance provider
Brightside has swooped for its second major retail affinity contract in the space of seven days having signed a deal with Asda to distribute its motor and home insurance products, Post Online has learnt.
Mitsui Sumitomo appointments bolster risk team
Mitsui Sumitomo at Lloyd’s has appointed Martin Burke as chief risk officer.
ECIC launches heating and air conditioning cover product
Electrical Contractors’ Insurance Company has launched its ‘heating, ventilating and air conditioning cover product’ - geared towards contractors engaged in related building services activity.
Garwyn unveils London and South East office
The Garwyn Group has expanded its regional branch network with the opening of a London and South East branch based in its existing head office in Billericay.