AIG
Brokers, insurers and reinsurers unite for microinsurance push
Nine brokers, insurers and reinsurers are combining in an attempt to add scale and reduce distribution costs of microinsurance.
Market Moves - 15 January 2015
All the latest job moves in the insurance market.
AIG appoints chief financial officer in Singapore
AIG has promoted Monique Stip to chief financial officer of its Singapore operations.
CNA regions boss Somers joins AIG as head of sales in the north
AIG has named CNA Insurance head of UK regions Phil Somers as head of sales for the north.
China's changing motor market
China is introducing more flexibility to its motor insurance market, creating opportunities for foreign insurers to differentiate on price and product design, writes Nicky Burridge
AIG's European CFO exits
AIG’s chief financial officer for EMEA Tom Colraine has retired after seven years with the company.
AIG makes senior Asia-Pacific leadership changes
Mike Raines will move from AIG's Singapore unit to become CEO of AIG New Zealand.
Ageas completes £197m sale of Ageas Protect to AIG
Ageas has completed the sale of its 100% shareholding in Ageas Protect Limited to AIG for £197m.
Blog: The lift-off of space insurance
In the wake of the tragic crash of Virgin Galactic's SpaceShipTwo, the insurance of space travel has been headlining global news.
Russian Roundup: Q4 2014
Insurance companies Allianz and AIG closed their business arms in Russia while Rosgosstrakh closed its Belarusian subdivision and continued to receive fines for breaching the law for selling compulsory motor third party liability insurance certificates
Roundtable: Customer retention: How to use data to keep hold of customers
Can the way data is used and analysed in the insurance industry pave the way to customer loyalty?
UK insurers undeterred on sharing society progress despite international Uber concerns
The banning of Uber in several territories will not deter the UK insurance industry's engagement with sharing economy companies, according to commentators, with telematics providers tipped to help small car-sharing organisations obtain cover.
New look IFB technical board to be chaired by Axa fraud boss Davies
Axa global chief fraud control officer Richard Davies has been appointed as chairman of the Insurance Fraud Bureau’s technical board as part of a shake-up that will result in an influx of new board members.
Insurers unfazed by CMA probe into Crawford's GAB acquisition
Insurer claims specialists are relaxed about the Competition and Markets Authority investigation into Crawford’s £45.8m acquisition of GAB Robins.
Bradford man who staged accidents receives suspended sentence
A fraudster who deliberately slipped on a wet bakery bag in a Lidl supermarket so he could make a bogus personal injury claim to AIG worth £10,000 has received a suspended prison sentence.
Ex-soldier and wife jailed for falsely claiming son was blinded
A husband and wife who conned AIG out of £70,000 by claiming a bicycle accident left their young son blind in one eye have both been sentenced to 12 months in prison for fraud.
Insurers urged to boost claims service to get competitive edge
Chubb and Hiscox have taken the top two spots in a ranking of claims service in the UK mid-market by Gracechurch Consulting.
AIG re-hires CNA regions boss Somers to help boost non-London GWP
AIG is pushing ahead with plans to bolster its regional presence across the UK with the appointment of CNA Insurance’s head of UK regions Phil Somers.
AIG to re-align distribution function in Scotland and Northern Ireland
AIG has named casualty business boss Ross McLeod as head of its new Glasgow office amid the re-alignment of its distribution function in Scotland and Northern Ireland.
AIG's Aubert appointed Willis UK CEO designate
Willis has appointed AIG EMEA chief operating officer Nicolas Aubert as CEO designate of its UK insurance business.
McLarens Aviation handling Virgin Galactic claims
McLarens Aviation has been appointed to handle claims emanating from the Virgin Galactic Space Ship Two crash, Post understands.
Spaven's broker role expands at AIG to South East Asia
AIG has expanded Scott Spaven's Singapore head of broker client management role to include South East Asia.
Parsons promoted at AIG Hong Kong
Stephen Parsons, AIG's head of claims and operations for Hong Kong, has been promoted to deputy CEO.
Insurers sign up to cyber summit agreement with government
Twelve insurers have signed a joined pledge to more actively highlight cyber threats to UK businesses and work more closely with government to improve cyber security risk management.