Allianz
The Claims Awards 2016 shortlist is out today
The Claims Awards shortlist is out today.
UK still long-term hotspot for shipping incidents
The British Isles, North Sea, English Channel and Bay of Biscay region is the area that has seen the most shipping casualties since 2006, according to Allianz Global Corporate and Specialty, despite total losses in the British Isles being down year-on…
Fraud: The fight goes on
The insurance fraud taskforce has reported, but now we are in limbo, so will there be work to ensure the report’s recommendations materialise or will it be a missed opportunity?
Admin fee transparency in the spotlight as insurers report 2015 results
Insurers' reporting of administration fees and non-risk income came under scrutiny in the 2015 full-year results reporting period as firms' balance sheets were dominated by commercial flood losses.
Vicarious liability broadening unlikely to impact policy wordings
Insurers are unlikely to tighten policy wordings in light of a Supreme Court ruling relating to the vicarious liability doctrine, as lawyers warn the industry to expect further widening of the principle in the future.
Construction: The fall guys
New safety regulations and sentencing guidelines will place additional pressures on firms to ensure construction safety – and it is likely SMEs will find it hardest to comply
Product Liability Food: Leaving a nasty taste
There are many toxic risks when it comes to food manufacture, with the recent Mars chocolate recall prompting businesses to assess their exposure
Europe: Telematics and the gender directive
The Gender Directive put a brake on insurers' underwriting purely on the basis of gender. So has it encouraged the development of telematics which helps them price in way that does not differentiate rates between males and females?
GI CEO's urge against IPT increase in letter to Osborne
Twenty-three general insurance executives have written to Chancellor of the Exchequer George Osborne ahead of the 16 March Budget announcement, urging against a further increase in insurance premium tax.
Insurance Complaints: No more Mr Angry
There is no crisis as far as complaints directed at insurers and brokers go – but even one unfairly treated customer is too many. So, how seriously is this area being taken and are efforts underway to raise standards further?
Claims Club Awards: Catching up with the rising stars
Post caught up with a quartet of previous winners of the Rising Star at the Claims Awards to see what winning the trophy meant to them, how their careers have progressed since, how they think claims is viewed by the wider insurance fraternity and what…
Allianz keen for UK to stay in Europe
Allianz UK CEO Jon Dye has confirmed the German-owned insurance company would like the UK to remain within Europe ahead of the planned referendum on the UK's membership of the European Union.
Allianz UK reports 102.6% COR alongside £93m storm loss
Allianz UK has reported a 2015 combined ratio of 102.6% (2014: 97.6%) with the December 2015 storms costing the business £93m.
First ruling on 'fundamentally dishonest' NIHL claim awards Allianz costs
The first “fundamental dishonesty” ruling has been made on a noise induced hearing loss claim, with the insurer behind the case, Allianz, able to recover costs as a result.
Allianz-owned Euler Hermes reports £324m profit in 2015
Allianz trade credit subsidiary Euler Hermes today revealed an operating profit of €417m (£324m) in 2015 on revenue of €2.64bn.
Claimant law firm billed £27k as Allianz PI claim is struck out
A claimant solicitors firm has been ordered to pay £27,000 of defendant legal costs after a personal injury claim lodged with Allianz was struck out by a court.
Torrance joins Novae board as NED
Former Allianz CEO Andrew Torrance has been appointed as independent non-executive director to the board of Novae Group, effective 1 March 2016.
The Post Power List 2016
In a year where regulation, natural disasters, consolidation and cyber/digital again look set to make waves, and when the country could learn if it’s in or out of the European Union, Post had a mind mapping session – with a bottle of wine – to see who…
Blog: A quiet end to ‘average'?
There are differing views as to whether no longer applying average is a wise move likely to mean more business or will it result in higher claims costs?
Rank: 11 - Jon Dye, CEO, Allianz Insurance UK
Jon Dye is under pressure to make sure the insurer’s brand sponsorship deals do not go to waste.
Industry urged to flag implications of stricter health and safety rules
Allianz Commercial has highlighted the role of insurers and brokers in ensuring clients are fully aware of their health and safety responsibilities in light of the introduction of stricter sentencing guidelines.
Blog: It's Superbowl 50 - the insurance market as NFL teams
With the climax of the NFL season this weekend to commemorate Superbowl 50 I wondered: If these insurance names were American football teams, which franchises would they be?
Climate Change: The future is in our hands
The Paris climate change summit is over – and now the work begins. What response will the insurance sector provide?
Microinsurance: From little acorns
Microinsurance is expanding but it needs to grow beyond just provision of life cover – what are insurers’ strategies in these vast and largely untapped markets?