News
Top six insurers only ones safe from SII M&A wave
The incoming Solvency II regime could lead to increased merger activity among European mid-tier insurers, Allianz's Andreas Berger has claimed.
Adjusting 'for free' service unveiled
Claims management services provider LAS has outlined plans to shake up the way loss adjusters are remunerated, with the launch of a new arm that it boasts can provide an equivalent service for free in 95% of household cases.
Ex-CBG director makes comeback with Willis
Former CBG director Karen Mercer is set to re-enter the insurance market with a senior role at Willis, Post has learnt.
Lord Young blasted over H&S
Garwyn health and safety director Mike Williamson has revealed he is "uneasy" about a potential lack of objectivity in Lord Young's upcoming health and safety report.
MMA names new underwriting director
Former Esure underwriting and business development director Colin Batabyal has joined MMA, almost 11 months after departing his former employer.
Treasury rejects ABI call for IPT concession
The Treasury has rejected a plea by the Association of British Insurers for a concessionary period when the implementation of the new insurance premium tax rate rises come into effect next year.
Insurers face age ban if gender ruling is enforced
The British Insurance Brokers' Association has consulted its European counterpart Bipar on the best step forward after a European Court of Justice advisor said gender should not be a determining risk factor when setting insurance premiums.
Major brokers fail to sign Aldermanbury Declaration
Three of the UK's major brokers are conspicuous in their absence from a list of signatories to the Chartered Insurance Institute's Aldermanbury Declaration.
Helphire eyes new areas after restructure
Helphire is gearing up to enter a period of development, after completing a substantial restructuring of the business.
Fraud Management Briefing news: Ombudsman is criticised for condoning fraud
A financial ombudsman sparked debate when she questioned whether the insurance industry should always consider that a customer who exaggerates a claim has committed fraud.
RBSI unveils new senior claims team
Royal Bank of Scotland Insurance claims boss Steve Maddock this week unveiled his new senior team.
Career path & CSR news: Preparing for the abolition of the default retirement age
Earlier this summer, the government announced a consultation on the future of the default retirement age, proposing that it should be scrapped between April and October next year.
Insurers are failing to properly utilise Google
Insurers that choose to pay for search space on Google are not getting the most out of their money, according to consultancy firm Greenlight.
Fraud Management Briefing news: Insurers warned against broad approach to litigation
Insurers who litigate broadly instead of focusing on specific fraud cases are likely to lose business, Tradex has warned.
Solicitors' PI numbers stable
The number of law firms without solicitors' professional indemnity cover has remained stable due to competition among qualifying insurers, XL Insurance has claimed.
Career path & CSR news: Ecclesiastical academy wins development award
A training initiative run by insurer Ecclesiastical has won a development award from the Manchester Chartered Insurance Institute.
RSA renews First Assist legal deal
RSA has renewed a partnership with First Assist Legal Protection that will see the latter act as its legal expenses insurance partner for a further three years.
Career path & CSR news: BHSF raises £3356 for homeless kids
Staff at BHSF have raised £3356 by taking part in the 28-mile St Basil's Cotswold Challenge 2010.
MYI makes Eire move
Loss adjuster MYI has opened up its first office in the Republic of Ireland.
L&G to reveal new GI boss
Legal & General was poised to name its new general insurance boss as Post went to press on Tuesday.
Environmental liability: The carrot or the stick?
The idea of a new compulsory insurance class appears to represent opportunity to some and a major risk to market stability for others. Ralph Savage reports on how compulsory financial provision for environmental damage is viewed and whether it could ever…
Hyperion deal
Hyperion Broking has agreed to acquire Singapore's Accette Insurance Group.
Fraud Management Briefing news: First broker poised to join the IFB
The Insurance Fraud Bureau is set to expand its membership after inviting brokers and loss adjusters to join its network.
Editor's comment: An offer you can't refuse?
Most of us will no doubt have been taken in by the 'buy one, get one free' offers that litter the aisles of supermarkets — and ended up with two of something we had no intention of buying. It is thus with some interest that Post this week reports that…