News
FCA coy over telling firms to boost female headcount in the boardroom
Regulator ‘not looking specifically’ at issue but confusion surrounds CRD IV.
Strongest growth in private wealth for six years, according to Allianz
The global gross financial assets of private households grew by 8.1% in 2012 according to the fourth Allianz Global Wealth Report which monitors 50 countries.
Lloyd's slams government's Flood Insurance Obligation
Lloyd’s has condemned the government's proposed Flood Insurance Obligation stating it would make UK insurers less competitive than their European counterparts.
Continuing uncertainty causes insurers to seek divergent assets
Continuing uncertainty around a US quantitative easing programme is driving insurers to seek more divergent classes of assets, according to a study by Black Rock and the Economist Intelligence Unit.
Claimant lawyers warn against rushing into review of Jackson’s ‘problem areas’
Justice Ramsey’s review of reforms due for completion in April 2014.
Smart takes on European MD role at McLarens as Latimer steps down
McLarens has appointed Graham Smart to the newly-created role of managing director for Europe following the decision by UK MD Trevor Latimer to step down in favour of taking on a non-executive position.
The importance of data and analytics in insurance
Over 100 insurance professionals gathered in Hong Kong last week to discuss how to use data and analytics in their day to day businesses.
Singapore welcomes online life model
The Monetary Authority of Singapore has approved that basic life insurance products can be sold online by the middle of next year.
Howden acquires Norwegian broker
Howden Broking Group has acquired a majority share in Norwegian broker North Edge Forsikringsmegling AS.
Asbestos proposals are a “missed opportunity” says Apil
The Association of Personal Injury Lawyers has branded the recent consultation to speed up the settlement of mesothelioma as a “missed opportunity.”
The Insurance Technnology Awards 2013 shortlist is now out
The shortlist is now out for the Insurance Technology Awards 2013.
Towergate hires new CUO from AIG
Towergate Underwriting has appointed Paul Jewell as chief underwriting officer.
FCA finds no consistency in insurers’ private investigator use
The Financial Conduct Authority says there is no consistency in insurers’ use of private investigators following the release of a factsheet for general insurance companies today.
RSA acquires specialist risk engineering team from Elciem
RSA has acquired a seven-strong specialist risk engineering team from independent consultancy Elciem, taking its total number of risk engineers to 200.
Webinar: Combining data sources to effectively manage customer intelligence
The ability to blend data is key to unlocking the full potential of the growing amounts of information available.
Axa UK appoints Deborah Parker as property head
Axa UK has appointed Deborah Parker as group property director with responsibility for the group's real estate function.
Judge to review Jackson reforms’ problem areas
The judge charged with implementing the Jackson reforms has revealed he will review parts of the legislation causing problems for lawyers.
Lockton Re makes senior hire from Kiln
Lockton Re has appointed Martyn Headdey as head of engineering and construction within Lockton Re.
Philip named SRA chief
General Medical Council chief operating officer Paul Philip has been appointed chief executive of the Solicitors Regulation Authority.
AGCS expands Swedish presence with branch office
Allianz Global Corporate & Specialty has unveiled a new branch in Stockholm, growing its base in the Nordic region.
Pioneer adds to PI team
Pioneer Underwriting has recruited Paula McManus to its professional indemnity business.
Insurers reminded of reform milestone by Crawford liability boss
Insurers have been reminded to brace themselves for the next civil litigation reform milestone geared towards reversing the former legal position, imposing a burden on claimants to prove negligence.
Be Wiser offering university alternative to school leavers
Be Wiser Insurance has taken on 15 new students to its Surestart undergraduate career scheme and is looking to recruit 20 more in the coming months.
Mapfre Assistance launches rental car cover
Mapfre Assistance has launched a group of products targeted at car rental companies and their customers.