News
38 RSA jobs at risk in Horsham
RSA employees working at the commercial mid-market operation in Horsham, West Sussex, have been told they are at risk of redundancy as the insurer reshapes its commercial business.
Cooter eyes third strategic hire to support Covéa growth ambitions
Covéa commercial lines director Simon Cooter is preparing to unveil a third "key" appointment, as plans to double the size of the firm's commercial book gather momentum.
Aviva loans £32m for fire and rescue service project
Aviva Commercial Finance has lent over £32m for what will be the insurer’s first fire and rescue service project.
SSP appoints marketing director to drive brand reputation
Pam Wilde has taken up the position of marketing director at insurance technology provider SSP.
Zurich cuts stake in New China Life
Zurich has reduced its stake in New China Life Insurance Company to 9.4%.
Heavy rains cause flooding and mudslides in China
Days of heavy rain across the mountainous Yunnan and Sichuan provinces of southwestern China have caused widespread flooding and triggered landslides.
Moneysupermarket blames Google for slow insurance growth
Price comparison site Moneysupermarket has said changes to Google’s search systems have hit the company’s growth in Q2, with insurance business suffering.
Swiss Re confirms Admin Re merger talks
Swiss Re has confirmed it is in talks over the potential merger of its remaining Admin Re closed life business with Phoenix Group - less than a year after selling the US side of the operation.
DAC Beachcroft recruits former Swiss Re counsel
Law firm DAC Beachcroft has appointed prudential regulation specialist Adrian Williams as a partner in its corporate insurance team.
UK insurers criticised for “squandering” big data opportunity
Concerns over regulatory requirements and data security are preventing insurers from using technology to improve customer relationships and grow their businesses, an IBM survey found.
Post Audio Supplement - 11 July 2013
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Willis Networks picks up a dozen new members
Twelve companies have joined Willis Group Holdings' networks taking its total network membership to 140.
Aviva to close Bluecycle salvage operations in further cuts
Aviva has confirmed it is to close its online salvage business, Bluecycle, and will acquire its future salvage services from Copart.
XL insures train-owner at centre of Canada derailment
XL has confirmed it insurers the owner of the train that derailed in Quebec, Canada this week.
Europe's cyber market could be worth €900m by 2018 says Allianz
Allianz expects to hold a fifth of the European cyber market by 2018 and forecasts significant growth in the product line outside of the US, a board member said on Wednesday.
Questgates expands footprint to include Dublin
Loss adjuster Questgates has opened its first Dublin regional office.
AIG takes yacht protection to Australia
AIG private client group has extended its yacht insurance product to Australia.
Cancelled Elton John concerts could hit insurers for £10m
Cancelled concerts due to Sir Elton John’s appendicitis scare could lead to insurers forking out up to £10m.
Hiscox targets London market brokers with web news app
Hiscox has launched a new web app, which is designed to provide news, views and practical advice to London market brokers.
AJG swoops for Capita customer marketing boss
Arthur J Gallagher has recruited Capita Insurance Service’s head of customer markets to lead activity for its direct division.
Insurers called to step up lobbying efforts on young drivers’ safety
Insurers should put pressure on the government to change track on its safe driving proposals for young people, Simon Jackson, managing director of Girls Drive Better, has said.
Questgates expands presence with office in Dublin
Loss adjuster Questgates has opened an office in Dublin.
Data 2013: Embrace mobile but don't rely on social media insurers told
Consumers may be posting increasing amounts of personal information on social media but many view the idea of companies exploiting it as intrusive, insurers were warned yesterday.
Bluefin recruits for Leeds, Stockport business development
Axa-owned broker Bluefin has recruited two news business development directors to be based in its Leeds and Stockport offices.