News
FCA blocks Cardiff broker
The Financial Conduct Authority has cancelled permissions for a Cardiff-based insurance broker over concerns around filing of returns.
Storm could cost A$1bn to clean up, says Brisbane mayor
Brisbane mayor Graham Quirk has said the hailstorm on 27 November is the costliest storm event for insurers in 30 years.
HWL Ebsworth acquires insurance practice in Adelaide
Independent Australian law firm HWL Ebsworth is to acquire two law firms with insurance offerings early next year.
Philippines braces for Typhoon Hagupit
Thousands of evacuations are taking place in the Philippines as a category storm 5 hurricane approaches.
Ex-Gallagher partnerships MD Sanderson joins Cardif Pinnacle
Cardif Pinnacle has appointed former Arthur J Gallagher partnerships managing director Alan Sanderson as chief commercial officer.
RSA named as insurer partner for Greenwich driverless cars pilot
RSA has been selected as the insurer partner for the Government-backed driverless cars project in Greenwich, London.
ABI hits out at ‘misleading’ flood funding figures
The Association of British Insurers has questioned figures from the government suggesting that spending on flood defences remains above optimal levels.
CII new generation group outlines workplace stress recommendations
The notion of workplace stress as a “ticking time bomb” for the insurance industry has led the Chartered Insurance Institute’s underwriting faculty new generation group to recommend measures to tackle the issue.
BLM’s Murray appointed as chair of Foil in Scotland
BLM partner Tony Murray is to become chairman of the Forum of Insurance Lawyers in Scotland.
Insurers urged to boost claims service to get competitive edge
Chubb and Hiscox have taken the top two spots in a ranking of claims service in the UK mid-market by Gracechurch Consulting.
Innovation Group names DLG's Weeks as damage director
Service provider Innovation Group has named Chris Weeks as its new director of damage for the UK motor team.
EY's Kam to become Hiscox's chief risk officer
Hiscox’s interim chief risk officer Hanna Kam is to take up the role on a permanent basis, subject to regulatory approval.
AA counter-fraud head calls for 'tough action' after fraud task force unveiled
The new government fraud task force is ‘a step in the right direction’ but more needs to be done to tackle the ‘out of control claims management industry' according to the AA's head of counter-fraud intelligence.
Accenture poll shows 21% of insurers do not have a digital strategy
One fifth of insurers do not have a digital strategy in place, according to an Accenture survey of 141 firms operating in 21 countries.
Brierley returns to Ecclesiastical for director role
Ecclesiastical has appointed Nick Brierley as general insurance business and operations director.
Towergate compliance non-exec Strachan steps down
Towergate’s non-executive director for group risk and compliance has stepped down from his role.
Brisbane hailstorm claims to cost at least A$482m
The losses from last week's Brisbane hailstorm keep on rising.
Bangkok Insurance joins Scope Technologies for telematics push
Bangkok Insurance has teamed up with Scope Technologies to provide telematics to commercial fleets.
Amlin and XL to lead capacity for Aon public sector MGA
Global broker Aon has launched a managing general agent targeting the public sector with property, casualty, financial lines and motor classes of business.
Axa picked as insurance expert for driverless cars project
Axa has been selected as part of two government-funded initiatives to pilot driverless cars in the UK.
Government lays out intention to attract more reinsurance business to UK
Government is to report on progress in attracting more reinsurance business to the UK at Budget 2015, according to today's Autumn Statement.
Osborne unveils tax relief on flood defence contributions
Chancellor George Osborne has pledged to cut taxes on business contributions on flood defences in order to encourage private sector investment.
Apprentice employers to benefit from National Insurance cuts
Employer National Insurance contributions for apprentices below the age of 25 are to be abolished, Chancellor of the Exchequer George Osborne announced in today's Autumn Statement.
Video: Combatting mobile and online insurance fraud, without disrupting the customer journey
It is currently estimated that there are over 5 billion connected devices in the world.