News
Former Lloyd’s CEO Prettejohn steps down from PRA
Former Lloyd’s chief executive and Brit chairman Nick Prettejohn is to step down from the board of the Prudential Regulatory Authority.
JLT launches business in Argentina
Broker JLT has established a business in Argentina to support the local and regional market.
Parabis looks to Mills & Reeve for insurance hires
Parabis Law has appointed three insurance law specialists from Mills & Reeve as partners.
Cunningham Lindsey promotes Johnston to London major loss role
Cunningham Lindsey has moved international adjuster Iain Johnston to a new role as London and South East major loss director.
ABI condemns increased meso compensation
The Association of British Insurers has condemned plans by the government to increase damages awarded to mesothelioma sufferers who are unable to trace a liable insurer.
DIS 2014: Insurers urged to take a 'test and learn' approach to digital strategy
RSA’s chief marketing officer Peter Markey has urged insurers to take a ‘test and learn’ approach to their digital strategy when looking to demonstrate return on investment.
DIS 2014: Poor digital execution creates 'competitive disadvantage'
The digital revolution is a major threat to insurers that fail to adapt, according to EY’s global insurance customer leader Graham Handy.
Aviva safeguards staff pensions with record longevity deal
Aviva has moved to protect its UK staff pensions with a record breaking £5bn longevity transaction.
Pet insurance register would collar fraudsters says Aquarium
A leading provider of insurance fraud software has called for a national register on pet insurance and claims in order to tackle growing numbers of frauds.
Claims handler Eldon on recruitment drive
Newcastle-based claims handling company Eldon has started a recruitment drive to add 30 claims handlers to its team after recent business wins.
RSA promotes Lowther to UK & Western Europe CFO
RSA has named emerging markets chief financial officer Sean Lowther as the new CFO for UK and Western Europe.
Untraced meso scheme payments up £8k
Mesothelioma sufferers unable to trace their employer at the time of exposure are now set to gain boosted settlements, according to the Department for Work and Pensions.
Gallagher Bassett wins mesothelioma payment scheme contract
The appointment of scheme administrators for the Diffuse Mesothelioma Payment Scheme has been awarded to Gallagher Bassett International.
Ascot profits down 14% for 2013
AIG-backed Ascot Underwriting has announced profits down 14% for 2013.
Aviva internal debt plans hailed by analysts
Aviva’s agreement to reduce the balance of an internal loan to £2.2bn by the end of 2015 has won the approval of analysts, who describe the move as “hugely significant”.
Biba and Ageas sign three-year conference sponsorship deal
The British Insurance Brokers' Association has signed a three-year partnership deal for conference sponsorship with Ageas.
VFM claims first in escape of water desktop counter fraud solution
Counter fraud specialist VFM Services has unveiled what it claims is the first product to prevent insurance fraud on escape of water claims.
Allianz strengthens marine team with senior underwriter appointment
Allianz Global Corporate & Specialty has appointed Simon Hudson as senior marine liability underwriter.
Compass notches £500m GWP milestone
Arthur J Gallagher-owned network division Compass Broker Services now controls £505m in gross written premiums just over a year after its launch.
GAB joins customer service institute
GAB Robins has joined the Institute of Customers Services, committing to help all staff undertake targeted qualifications within two years.
Axa appoints RSA's Bromfield as Bristol branch manager
Axa has appointed Ian Bromfield as Bristol branch manager as part of plans to establish the operation as a full underwriting branch
Aviva reverses loss with £2.15bn profit but UK profit falls
Aviva delivered a post-tax profit of £2.15bn for 2013, reversing the loss of £2.93bn recorded in 2012.
JLT gains from employee benefits in Asia
JLT recorded a 45% increase in its employee benefits business revenues in Asia last year, of which 38% was organic.
Aviva Asia CEO hails strong growth
Aviva Asia delivered an increase of 52% in operating profit to £97m ($152m) over the course of 2013.