News
Axis promote cat claims manager for the Caribbean
Loss adjuster Axis has promoted a new regional manager to take over responsibility for the delivery of adjusting catastrophe claims in the Caribbean.
Lockton names Walton for expansion
Lockton’s Real Estate & Construction team has taken on Robert Walton (pictured) as part of expansion plans to provide advice to contractors, civil engineers and developers on a global basis.
Insure The Box cuts renewal prices
Insurethebox, the telematics-based on-line motor insurer, has released its first renewal statistics since going live last summer which show that around two thirds of its policyholders who received renewal notices in July and August were offered cuts in…
September 11 attacks have made insurers more resilient to ‘unthinkable' events
This is one of the findings of the latest report into the event by International insurance think tank, The Geneva Association.
Geneva Association reports on 9/11
International insurance think tank, The Geneva Association, has said the impact of the September 11 2001, attacks on the insurance industry was much smaller than expected at the time.
ABI calls for an end to the “have a go” compensation culture
Leading retailers and business groups join forces with the Association of British Insurers in calling for an end to the “have a go” compensation culture.
Travelers attracts Sawyer from QBE
Travelers has poached QBE’s David Sawyer (pictured) to be assistant general manager for its professional indemnity portfolio.
THB’s Cardinus gives Young new role
THB group injury reduction firm Cardinus Risk Management has appointed Abi Young (pictured) to the newly-created role of head of ergonomics managed services.
Central and Hiscox target charities
Central Insurance, one of Scotland’s biggest independent insurance brokers, has joined forces with specialist business insurer Hiscox to launch a comprehensive charity policy.
Generali Deutschland expected to grow above market average
Generali Deutschland Holding AG and its main subsidiaries have received financial strength rating of A+ (Superior) and issuer credit ratings of “aa-”.
CCV boss targets South Wales foothold
Ambitious CCV chief executive Michael Rea has told Post he intends to wrap up deals for a further two brokers in the coming weeks following the acquisition of Antur Insurance.
Cunningham get travel claims fraud role
Cunningham Lindsey has secured the contract to become the sole supplier in respect of travel claims fraud investigations for Ageas Insurance.
Bluefin offers support to outgoing underwritng MD
Underwriting bosses at Bluefin have moved to wish outgoing managing director Kevin Hancock “every success for the future” following his decision to resign.
Insurance Insight September: Renewable energy, mobile technology and THB
Insurance Insight September is now live with an article on insurers’ growing interest in renewable energy; a look at the new demand for mobile insurance; and an interview with broker THB to find out about its latest expansion plans.
Far East poll results
Find out what the market voted for on far East investment in the EU.
The growing interest in renewable energy
The renewable energy market is gaining in popularity across Europe and insurers seem keen to be at the forefront of the sector. Anne-Louise Fogtmann explores whether the market insurers have enough knowledge of new technology in this sector and what they…
Tokio Marine appoints senior underwriter
Tokio Marine Europe Insurance has recruited John Gibson as senior marine underwriter.
Aspen pulls out of solicitors' PI
Aspen Risk Management will not write any more solicitors’ professional indemnity for the "foreseeable future".
Spanish funeral insurer Ocaso receives A+ rating
Spanish insurer Ocaso, S.A. Seguros y Reaseguros has had its financial strength rating affirmed as A+ (Superior) and the issuer credit rating of “aa-” by ratings agent AM Best. The outlook for both ratings is stable.
Randall & Quilter's H1 profits fall
Run off experts Randall & Quilter has reported half-year income up 17% to £18.8m (£16.1) but saw its pre-tax profit plummet to £3m from £5.8m.
Companies face tougher risk reporting rules
Companies look set to be forced to improve the way they report the key strategic risks facing their businesses, following criticism from accounting standards setter the Financial Reporting Council.
CCV buys Swansea's Antur
Broker CCV has bought Welsh broker Antur Insurance of Swansea.
ALC Health launches new travel insurance plan for EU residents
International medical insurance provider ALC Health has launched a new global travel insurance plan designed exclusively for European Union residents regardless of nationality.
Lark snap up Cadogan Hanover Park business from Barbon
Lark has today completed the purchase of the Cadogan Hanover Park business from Barbon Insurance, in a deal which is expected to boost the group’s annual revenues to around £23m.