News
Novae appoints head of marine
Specialist Lloyd’s insurer Novae has appointed Helen Steadman as head of cargo.
Digital Fineprint closes investment round with help from Twitter VP
Insurtech start-up Digital Fineprint has closed a $400k (£315k) seed investment round.
US and EU bilateral agreement on reinsurance should eliminate competitive disadvantage
Negotiations between the US and EU surrounding a bilateral agreement on reinsurance has been reiterated.
Building Block expands gadget cover into Irish market
Malta-based insurer Building Block has signed a distribution agreement with Frost Insurances to bring its gadget product to the Irish market.
CG Holdings launches new MGA Corin Underwriting
Casualty & General Insurance Company Europe’s parent company CG Holdings is launching Corin Underwriting Limited, a managing general agent to handle its UK and Irish casualty risks.
Nine out of 10 Hanjin container claims handled by Cunningham Lindsey
Nine out of 10 container claims from the collapse of the Hanjin Shipping line are being handled by loss adjuster Cunningham Lindsey.
Helvetia adds two members to executive management
Adrian Kollegger and Achim Baumstark will join Helvetia Group as head of non-life Switzerland and chief technology officer, respectively.
Post People - 12-16 December 2016
Check out this week's movers and shakers.
Zurich acquires Australian travel group Cover-More for A$741m
Insurance giant Zurich is aiming to become a top three global travel insurance provider after an agreement to buy Sydney-headquartered group Cover-More for A$741m (£439m).
Endsleigh sees operational resignations
Endsleigh’s head of customer operations, Trudi Archer, has left the organisation, Post understands.
Nicola Crawford appointed as IRM chair
The Institute of Risk Management has appointed Nicola Crawford as its new chair.
L&G appoints new GI CEO
Legal & General has appointed Cheryl Agius as its new general insurance CEO.
New 'Face Time' app launched to lower claims cost of whiplash
A new app, using the same technology as Face Time, has been developed with the aim of reducing overall cost incurred by whiplash and injury claims and improve case management.
Aviva has 'significant opportunity' to make cuts next year
Aviva may embark on a “significant” cost cutting programme next year, analysts claim.
FCA extends timetable on PPI complaints deadline
The Financial Conduct Authority said it needs more time to make a decision on whether it will impose a cut-off deadline for Payment Protection Insurance claims.
IAG plans A$250m a year of cost savings
Australian giant IAG is aiming to save A$250m (£148m) from its operating costs over the next three years.
Axa to increase staff maternity and paternity benefits in Asia
Global insurer Axa will harmonise its global maternity and paternity policies from the beginning of next year.
Fitch downgrades Towergate bonds
Fitch Ratings has downgraded Towergate’s senior bonds owing to a slow turnaround in the business.
Bird flu outbreak could hit insurers hard
An “almost inevitable” bird flu outbreak in the UK could be costly for insurers, a specialist agriculture loss adjustor has warned.
Axa tops Brokerbility survey for seventh year running
Axa has topped Brokerbility’s bi-annual survey of insurer partner performance for the seventh year running.
European insurers concerned with EU services card proposal
Members of the European insurance sector have expressed concern on plans to introduce an EU services card.
December Post: Cold call crackers
In the December issue of Post: freezing cold calls and looking back at the year.
Customers urged to 'shop around' for better deals as van insurance increases by 11.7%
Van insurance premiums have increased to an average of £1591 with best-buy deals going up by 11.7%.