News
R&Q recruits two to high-net-worth MGA
Randall & Quilter’s high net worth managing general agent Synergy has recruited underwriters from Chubb and Gallagher Heath.
Argo names Amlin’s Harris MD of Lloyd's operations
Argo International has recruited Amlin’s former chief operating officer to head up its Lloyd’s business.
Post's Leigh Jackson and Callum Brodie acclaimed at Headlinemoney awards
Post journalists and its social media output were acclaimed at a prestigious awards do last night.
Gallagher backs Gable Italian launch
Gable Holdings has partnered with Arthur J Gallagher International to launch its first product in Italy.
Beazley records 11% Q1 premium increase
Growth in the marine division has seen Beazley record gross written premiums up 11% to $518m (£333m), increasing from last year’s Q1 total of $465m.
Expertise in Action: The problem of claims fraud
Fraud continues to be one of the biggest problems facing the insurance industry with wrongdoers adding an estimated £44 to the cost of the average policy bought by honest consumers.
Factory fire in Bangladesh kills at least eight
A fire at a knitwear plant in Bangladesh's capital Dhaka has killed at least eight people and injured 10 others.
Shenzhen trials disaster insurance scheme
Shenzhen, a city in South China, is set to launch a catastrophe fund pilot scheme.
Compliance tops concerns for expanding European firms
The biggest risk European businesses believe they face when starting to operate in new markets is dealing with local regulations, a survey by QBE has found.
Crawford Q1 net income up 60%
Loss adjusting giant Crawford has reported soaring net income, with UK earnings cited as helping to driving growth in revenues.
Ecclesiastical appetite for new lines dependant on market demand
The new group chief executive officer of Ecclesiastical has not ruled out taking the insurer in a brand new direction.
Queen’s speech promises mesothelioma bill
The Queen has today said the next parliament will see legislation to provide payments to mesothelioma suffers when no liable employer or insurer can be traced.
Allianz revenues jump 6.6% in Q1
German insurance giant Allianz recorded revenues of around €32bn in the first quarter of 2013, up 6.6% on the previous year.
Simplyhealth appoints HR director as new CEO
Healthcare provider Simplyhealth has promoted its HR and corporate affairs director to a new role as chief executive.
HCML unveils physio network
A rehabilitation and case management specialist has unveiled a new network of physiotherapy clinics.
DAS joins MGAA as insurer member
Legal expenses and assistance insurer DAS has joined the Managing General Agents Association as an insurer member.
Willis exec slams risk management disconnect
The risk management functions of a significant number of insurers have little direct connection to the decision-making that drives those organizations, Dave Ingram, executive vice president of Willis Re has claimed.
UAE insurance sector expected to grow in 2013
The regulatory environment for insurers in the United Arab Emirates is challenging but should not scupper growth in the short term, according to AM Best.
Coverbox appoints ex-accountant Beckingham as finance director
Telematics-based insurer Coverbox has added to its management team with the arrival of Neil Beckingham as finance director.
Aviva pens seven year supplier contract with Innovation Group
Software solutions and outsourcing business the Innovation Group has signed a new contract with Aviva that will see the insurer supplied with the firm’s claims scoping and supplier management solution.
Unrated Icelandic insurer’s flood risk venture sparks passporting debate
Broker looks to fill gap left by Statement of Principles indecision
Settlement fairness failing to meet customer expectations
Personal lines customers demand better claims advice
ING plots European IPO
Dutch financial giant ING is preparing a case for an initial public offering of its European insurance business, with a target of going to market in 2014.
ING pressing ahead on European IPO
Dutch financial giant ING is preparing a case for an initial public offering of its European insurance business, with a target of going to market in 2014.