News
Early start to US tornado season
More severe weather hit central and southern regions of the US over the weekend, spawning several tornadoes that killed at least 39 people and caused widespread property damage, according to reports.
Brokers 'very positive' on in-vehicle management technology rollout
Equity Red Star CEO Ian Foy has hailed the rollout of in-vehicle management technology Equitrack, claiming that brokers have responded favourably to the belief that the launch will drive down costs and claims.
Axa commercial introduces new schemes solution
Axa commercial lines has introduced a new approach to processing delegated authority schemes business that it says will deliver benefits to brokers and their customers.
Lloyd's broker Paul Napier launches offshore financial services liability lines
Lloyd's broker Paul Napier has launched a suite of professional and financial lines products for the UK and international offshore financial services industry.
Rural signs three new deals to expand farming footprint
Rural Insurance, the specialist agricultural insurer, has signed deals with Coversure, Farmers Union of Wales and Broker Network, as it continues to push for growth in 2012.
Ageas credit checks all motor applicants
Ageas is to automatically use credit information about prospective clients in motor quotes.
Property insurance firms merge
Let Insurance Services and Property Risks have merged to form a new company, Let Risks.
QBE reveals e-trading and motor underwriting appointments
QBE has this morning unveiled the double appointment of David Greaves as head of e-trading and Fast Flow operations and outgoing Aviva employee Robert Dodd as senior motor underwriter.
Insurance Insight – top 10 stories
The top 10 stories from www.insuranceinsight.eu over the past seven days.
Assurant makes senior European appointments
Assurant Solutions today announces the appointments of Graham Luckett as senior compliance officer for Europe and Robert Moorehead-Lane as European chief risk officer.
Premium rates set for Thai cat fund
The Thai government has settled on premium rates for the state-initiated disaster fund.
Markel acquires fine art and collectables business
Markel International has acquired the portfolio of business of Quay Underwriting, a managing agent based in Dorset, UK.
Kiln launches into specialist property with appointment in Paris
Kiln has appointed a new underwriter in Paris to focus on a broad range of property facultative reinsurance risks across Europe.
Beazley's 623 reports 21% 2009 return
Beazley's managing agency Beazley Furlonge said its Names syndicate 623 returned 21% on capacity for 2009, but that 2010 would be nil return and 2011 just 2.5% because of catastrophes.
Aggregators dominate Google insurance search rankings
Money Supermarket and Compare the Market are coming out on top in Google search rankings for general insurance, according to online marketing solutions provider Gravytrain.
Markel buys Quay to launch into fine art
Markel International is to launch a fine art and collectibles niche range after buying Dorset managing agent Quay Underwriting's portfolio of business.
Academic calls for flood planners, developers and architects to be liable
A new academic paper has called for planners, developers and architects to be made "legally liable when they get it wrong and people are flooded" as a way of preventing further flood plain development.
Direct Line impedes Helphire access to Autofocus evidence
Direct Line has attempted to stop credit hire firm Helphire from accessing Autofocus evidence.
Amlin chairman retires after £194m loss
Amlin has posted a pre-tax loss of £193.8m (2010: profit of £259.2m) and announced that Roger Taylor is to retire as chairman following the 2012 AGM. Richard Davey will succeed him.
Insurance2go launches spectacles insurance policy
Online insurance brand insurance2go has created an independent glasses insurance policy through its sister website insureyourglasses.
Quindell appoints Shaw to board
Quindell has appointed Ian Shaw to the strategy and integration advisory board.
Brics are not quick wins, says Lee
The emerging markets of Europe, the Middle East and Asia present "substantial opportunities", but insurers must be prepared to make a long-term commitment, according to RSA's chief executive officer.
Hiscox shuffles US management
Hiscox is to bring current US CEO Richard Watson, pictured, back to London to be deputy chief underwriting officer for the group and has promoted Ben Walter in his place.
Investment in UK infrastructure threatened by Solvency II
Association of British Insurers director-general Otto Thoresen has said that new EU solvency rules must not deter long-term growth and investment in the economy.