News
Now Health appoints general manager in Singapore
International health insurance provider Now Health International has recruited Rob McIntyre as general manager of its newly opened Singapore operation.
Zurich recruits from Axa for Hong Kong health role
Zurich has appointed Elaine Chan to the position of senior head of the medical division of its general insurance business in Hong Kong.
Guy Carpenter unveils satellite catastrophe evaluation
Reinsurance broker Guy Carpenter has launched a new satellite-based catastrophe evaluation service, GC CAT-VIEWSM.
Blanc pays tribute to Oval staff as earnings rise
Oval chief executive Peter Blanc has thanked staff for their dedication while the broker continues sale talks.
Towergate puts 240 roles at risk
Towergate has entered into consultation over around 240 roles as it seeks to consolidate account functions into two centres.
Expertise in Action: Occupational disease claims from industrial deafness to mesothelioma
Despite a decline in the UK’s traditional manufacturing industry - and the tightening of legislation to improve hearing protection, industrial deafness claims are on the rise.
ABI calls for AEB to be fitted as standard in bid to cut PI claims
The Association of British Insurers has called for UK motor manufacturers to fit autonomous emergency braking as standard on all new cars in a bid to cut the number of personal injury claims caused by road traffic accidents.
Weston swaps brands at BGL to take on Bennetts IT role
Bennetts has appointed Jeff Weston to the role of associate director for IT and change at the motorbike insurance specialist.
IFoA paid for medical records to compile pricing report
The NHS has admitted that “greater scrutiny” should have been applied after it was revealed that the Institute and Faculty of Actuaries paid for medical records to produce a report on pricing .
Beazley issues positive 2012 forecast on Lloyd's syndicates
Beazley has issued a promising forecast on what it expects its return on equity to be for two of its Lloyd’s syndicates in the 2012 underwriting year.
DAS adds to broker sales team with internal promotion
Legal expenses insurer DAS, has promoted Kelly Macha to a new role as broker account manager covering firms in South Wales, Gloucestershire, Wiltshire and Oxfordshire.
Biba launches call for evidence on Flood Re exclusions
The British Insurance Brokers' Association is to launch a survey of members to discuss the exclusion of SMEs under the incoming Flood Re scheme.
Gallagher pens five year SME partnership with Lloyds Bank
Arthur J Gallagher has secured a five year exclusive partnership with Lloyds Bank to provide insurance solutions to its portfolio of small business customers.
QBE Europe insurance profits crash 41% for 2013
QBE Europe has seen its pre-tax insurance profits almost half for the last calendar year, dropping 41% from $327m to 2012.
Cigna partners in India with TTK
US health insurer Cigna has entered into a health insurance joint venture with Indian conglomerate TTK Group. The new venture is to be called Cigna TTK.
QBE's results 'well short of expectations', says chairman
QBE has succumbed to a loss of $254m (A$281m) for the full year 2013 compared to a net profit of $761m in 2012.
QBE appoints head of underwriting, Asia-Pacific
QBE Asia-Pacific has promoted Todd Wilhelm to the role of head of underwriting.
MGAA appoints three new members to board
The Managing General Agents' Association elected three new members to its board at its annual general meeting on Monday.
Yutree boss Hancock to chair Biba’s smaller broker board
Yutree managing director Kevin Hancock has been named chairman of the British Insurance Brokers’ Association smaller brokers advisory board, alongside Mason Owen MD Andrew Gibbons as deputy chairman.
Brokers urged to take advantage amid FCA aggregator inquiry
Brokers should view the Financial Conduct Authority’s ongoing thematic review of price comparison sites as an opportunity to demonstrate their worth in terms of providing consumers with “the best deal”.
Flood grant could give rise to rogue trading, claims Trust Mark
Insurers are being advised to liaise with loss adjusters and local authorities to ensure flood-hit homeowners do not get ripped off by rogue trades when using the government’s £5000 repair and renewal grant.
Masojada urges changes to 'flawed' Flood Re scheme
Hiscox chief executive Bronek Masojada has heaped further criticism on the government’s “flawed” Flood Re scheme following the firm's full year 2013 results.
PPI claims 'yet to peak' warns FSCS boss
Claims numbers for payment protection insurance are yet to reach their zenith according to the head of the Financial Services Compensation Scheme.
Brightside CEO Williams plotting MGA launch
Brightside chief executive Paul Williams has outlined a number of measures designed to improve profitability at the specialist broker, including the potential launch of a managing general agent.