News
RSA to appeal Philip Smith's constructive dismissal verdict
RSA has vowed to appeal the Employment Appeal Tribunal's decision in Dublin to award former Ireland CEO Philip Smith €1.25m (£900,000) in constructive dismissal damages.
Delegated authority criticism sparks uptick in CII exam applicants
The Chartered Insurance Institute believes criticism of delegated authority arrangements by the Financial Conduct Authority is behind a spike in interest from the market for its specialist examination.
Risk appetite and tolerance statements move up insurers' ERM agendas
Risk appetite and risk tolerance statements have become more important to more insurers in relation to their enterprise risk management programmes with the latest Towers Watson research reporting a 15 percentage point increase compared to its 2012 survey…
Video: Ryan Direct Group Derek Coles
Ryan Direct Group CEO Derek Coles marks his company’s 25th anniversary.
Bluefin COO Philip departs
Bluefin has confirmed the exit of its chief operating operator Tim Philip after holding the role for two years.
John O’Roarke teases details about post-LV career
He was once a top dog at Churchill. For the last eight years he has been behind one of the hottest success stories in insurance with LV.
Alton Towers victims receive insurance payouts for rehab
Insurers have started paying out to the victims of the Alton Towers rollercoaster crash.
R&Q boss confident for the future despite 'challenging' 2014
Randall & Quilter chairman and CEO Ken Randall is expecting a “much improved” 2015 after bemoaning a “challenging year” in which financial performance was hampered by lower than anticipated investment income and a disappointing trading performance in the…
New Zealand's Wanganui hit by worst flood on record
After torrential rain North Island has seen some dramatic weekend flooding which has caused huge damage and hundreds of insurance claims.
Wilkinson becomes Markel's Singapore claims director
Chay Wilkinson is leaving loss adjuster Triton where he is regional director, Asia-Pacific to become Markel's Singapore claims director.
O'Sullivan joins Axis in Australia
Industry veteran Denis O'Sullivan has joined Axis Specialty Australia as senior property underwriter.
Video: ABI Huw Evans
Association of British Insurers director general Huw Evans tells Post senior reporter Katie Marriner what general insurance issue is top of his agenda.
JLT Re looks to Asia-Pacific division for global COO hire
JLT Re has appointed its Asia-Pacific region chief operating officer Craig Brokenshire as global COO.
Brokers urged to up SME business travel offering
Brokers are being encouraged to consider business travel insurance as part of their SME proposition after Ageas research found 18% of SME firms that travel for business do not have such cover in place.
Aon Benfield publishes Lloyd's Update report
Aon Benfield has launched the latest issue of its Lloyd's Update report, which assesses the financial performance of the Lloyd's market in 2014.
Helvetia completes sale of Belgian travel portfolio
Helvetia has completed the sale of the travel insurance portfolio of its Belgian subsidiary L'Européenne to Mapfre Asistencia.
Hijacked oil tanker is rescued by Malaysia's navy
The Orkim Harmony is now safe in the hands of the Malaysian navy, after it was taken over by pirates on 11 June.
Motor insurance sector data collection practices scrutinised by CMA
The Competition and Markets Authority has highlighted widespread concerns about the use of consumer data and a "fragile level of trust" over future methods of data collection in a report focusing on three sectors, including motor insurance.
LV pays tribute to Katy Hawker following her sudden passing
LV managing director John O’Roarke has paid tribute to the insurer’s former director of business change, Katy Hawker, following her sudden death at the age of 47.
Wallis reappointed Claims Portal chairman
Tim Wallis has been reappointed chairman of Claims Portal Limited following a review of the role.
Nexus targets European acquisition after further BP Marsh cash injection
Niche venture capital provider BP Marsh & Partners has increased its investment in independent specialty managing general agency Nexus Underwriting Management in order to support its acquisition plans.
Fidelis picks Sequel as software provider
New market entrant Fidelis has chosen software company Sequel to provide it with a range of underwriting, claims and risk exposure solutions.
Biba research finds SMEs not outsourcing insurance tasks to brokers
Research carried out for the British Insurance Brokers' Association has revealed that a significant number of leaders of small and medium-sized enterprises perform a lot of tasks outside their job descriptions, instead of outsourcing these to insurance…
Bird steps down from Besso board amid executive restructure
Colin Bird is to step down as chairman of Besso Limited as the business has announced the appointments of Rob Dowman and Russ Nichols as joint CEOs.