News
Philippines shuts financial markets after flooding
The Philippines has shut financial markets, government offices and schools in the capital and several provinces in the main island of Luzon after heavy rains caused flooding.
Rescue operation continues after Philippines ferry crash
Around 170 people are still missing and 34 dead after a ferry hit a cargo ship on Friday 16 August.
Ace appoints energy risk engineer for Asia-Pacific
Insurer Ace has appointed James Rout as the energy risk engineer for the Asia-Pacific region.
AIG ups global D&O Side A capacity
Insurance giant AIG has increased its capacity for Side A director and officers liability insurance to $100m.
IFB slams Howard League fraud proposals
The Insurance Fraud Bureau has condemned a report from the UK’s oldest penal reform charity recommending convicted fraudsters are spared jailed.
MIB welcomes uninsured drivers' fine increase
The Motor Insurers’ Bureau has welcomed the £100 increase to the fixed penalty fine for uninsured drivers. The fine is now £300.
Acturis targets European market with major insurer tie-up
Software provider Acturis has struck a deal to provide services to a major insurer in continental Europe.
Acturis secures major deal in continental Europe
Software provider Acturis has struck a deal to provide services to a major international insurer in continental Europe.
Liverpool firm first to get private investigators' standard
A Liverpool-based private investigation firm is the first to achieve accreditation under a new corporate standard for the industry.
German health cover purchases soar after rule change
Purchases of health insurance in Germany have swollen after state rules on waiting periods have been abolished.
LV wins caravan broker account from Zurich
LV Broker has struck an exclusive deal with Caravanwise, ending the intermediary’s previous deal with Zurich.
Congregational & General appoints new non-execs
Congregational & General Insurance has appointed Edward Jenner and Robert Wade as non-executive directors to its board following approval from the Prudential Regulatory Authority.
John Lewis Insurance launches £5m ad campaign
John Lewis Insurance has launched its first advertising campaign promoting its home insurance products at a cost of £5m.
Zurich chief urges action not 'rhetoric' on commerical lines
Zurich’s UK chief executive officer Steve Lewis has urged insurers to ensure their actions reflect their words when it comes to commercial lines rates.
APU warns against 'flash-for-crash' scam
The Asset Protection Unit is warning against a new motor insurance scam coined “flash-for-crash” where fraudsters flash their lights to give other drivers the right of way and then crash into them on purpose.
Google and insurers to speak at Data & Analytics Asia
Insurance Insight is delighted to confirm speakers from Google, Prudential, RSA, HSBC, Zurich and many more companies are attending the Insurance Data & Analytics Asia event in Hong Kong on 26 September.
Motor offence reforms 'not tough enough' claim AA members
The vast majority of drivers surveyed by the AA believe motor offence reforms that bring the fixed penalty for driving without insurance up from £200 to £300 are not stringent enough.
Chinese broker under investigation for huge fraud
It is understood Chen Yi, general manager at Shanghai Fanxin Insurance, has left China for Canada as the broker is investigated for fraud.
PIA re-brand sparks double MD hire
The decision to re-brand Professional Insurance Agents as Business Insurance 247 has seen the firm promote two new managing directors.
Applied systems targets product innovation following Insurecom deal
Applied Systems hopes to bring a range of new products to the UK insurance market following its acquisition of UK-based software business Insurecom.
PostCast - Issue 2 - 15/22 August
The team discuss the news, features and interviews from the 15/22 August edition of Post Magazine. Hosted by Post editor Stephanie Denton.
Aon and QBE extend solicitors' PI reach following XL market cutback
Aon Risk Solutions has extended its exclusive arrangement with QBE Europe for solicitors’ professional indemnity to include one to three partner firms.
Power Place reinforces broker commitments with double hire
Power Place has added two regional broker account managers to its business development team in the form of Steve Lacey and Daniel Sandbrook.
Aspen appoints Richard Smart as underwriter
Aspen International Insurance has appointed Richard Smart as professional liability underwriter, based in London.