News
Thatcham relaunches Automotive Academy
Thatcham has revamped its Automotive Academy with the launch of a new mobile training unit and an e-learning package.
Willis Networks awarded CII title
Willis Networks has been awarded the CII’s Chartered Insurance Brokers title.
Lloyd's insurer Brit appoints Evercore to sell £150m UK arm
Dutch insurance group Brit is looking to close the first round bidding process for its UK retail arm this week, Postonline has learnt.
Sovereign debt crisis is worsening, says HiFX foreign exchange dealer
Germany's failed bid to auction off $6bn of government debt has fuelled concerns that the sovereign debt crisis is worsening.
Oval declares 'business as usual' following Moyes departure
Oval executive director of operations Jeff Herdman has told Post it is “business as usual” following the resignation of former corporate business managing director Terry Moyes.
Dolmans makes partner appointment
Welsh law firm Dolmans has promoted Paul Veysey to the role of salaried partner.
China may be location of next big supply chain disaster, says AM Best
A webinar by ratings service firm AM Best is questioning whether China is the next supply chain disaster in the making, given the high level of supply chain exposure in the East Asian country.
Underwriter moves back home for Arista role
Commercial lines underwriter Arista Insurance has appointed Gary Davies as development underwriter for the West of England.
Aviva plays down speculation on Irish branch closure
Aviva bosses have attempted to pour cold water on widespread speculation that the insurer is to shut down its entire Irish network of 26 branches by next summer.
Catlin and China Re deal predicted to be catalyst for Lloyd’s investment – Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories including how industry experts believe the landmark partnership between Catlin and China Re will be a catalyst for a boom in Lloyd’s investment from insurers in emerging…
Aviva to close all Irish branches by June 2012
Aviva Insurance plans to close all 26 branches in its Irish network by June 2012 with the loss of up to 1,250 jobs, according to reports in the Irish press.
AM Best assigns “A-“ ratings to Garant Versicherungs
Ratings service AM Best has assigned a financial strength rating of “A-“ (Excellent) and an issuer credit rating of “A-” to Garant Versicherungs-Aktiengesellschaft.
FSA appoints Montagu chairman of FOS
The Financial Services Authority has appointed Sir Nicholas Montagu KCB as the new chairman of the Financial Ombudsman Service.
Garwyn CEO pledges to add a "personal touch"
Garwyn’s CEO has vowed to stay in the role long-term and incorporate the “best elements” of his predecessor’s three year plan into his own two-pronged approach.
Allianz wins Endsleigh underwriting deal
Allianz Retail has secured a deal with Endsleigh to underwrite the insurance for its new gadget cover which targets graduates who have recently left student accommodation.
Catlin marine and transport division takes underwriting team of the year 2011 title
Ace Europe and Catlin were both double winners at the 2011 Underwriting Service Awards last night at the Kia Oval.
Moyes chooses Momentum for start-up
Terry Moyes, who quit Oval to start his own broker business, has signed up with the Momentum network, run by former Oval boss Howard Pepper.
Capita promotes Brent Escott to divisional director for GI
Capita’s general insurance division has appointed Brent Escott to divisional director.
ABI Motor 2011: Whiplash needs to be referred to as “neck pain”
In a keynote address at the Association of British Insurers Motor Conference, Jonathan Evans MP, chair of the All Party Parliamentary Group on insurance & financial services, said that people have got to stop using the word ‘whiplash’ as though it is …
Express secures KTM’s first cover deal
Express Insurance has clinched the first ever insurance tie-up by Austrian motorcycle manufacturer KTM and will run a subsidised policy underwritten by Groupama for new bikers.
ABI Motor 2011: Number plate eye test “not fit for purpose”
Speaking on how we can improve the way young people learn to drive and improve road safety generally at the Association of British Insurers Motor Conference, Jon Sellors, group head of thought leadership at RSA, said that an important but overlooked…
Aviva appoints new Ireland CEO to oversee structural overhaul
Aviva has appointed Seán Egan to the role of chief executive officer, Aviva Ireland, subject to regulatory and board approval.
Junction names e-commerce and marketing director
Affinity specialist Junction has appointed Vincent Chaney as e-commerce and marketing director.
Eurozone turbulence threatens insurers’ balance sheets
Ongoing market turbulence within the region and recessionary pressures threaten to undermine the strength of eurozone insurers’ balance sheets, according to a report by AM Best.