International Underwriting Association (IUA)
IUA establishes Political Risk Committee
The International Underwriting Association has created a new London market Political Risk Committee comprising underwriting and claims representatives from across the association’s member companies.
Penny Black's Insurance Week - 11 July 2013
Penny is used to rubbing shoulders with leading lights, but was surprised to come face-to-face with a TV star at the International Underwriting Association’s summer party on Thursday.
IUA elects Malcolm Newman as chair
The International Underwriting Association has today elected Malcolm Newman as its chair.
Malcolm Newman elected IUA chair
Malcolm Newman has today been elected chairman of the International Underwriting Association.
IUA report raises concerns over cover for eco losses
Insurance cover for environmental losses is often incomplete or even non-existent without a dedicated policy in place, according to a research paper from the International Underwriting Association.
Risk Management: Adapt to survive
Professional buyers and the market that serves them have a shared interest in keeping corporate insurance relevant, yet changing circumstances are threatening its role and value.
Regulation: A heavy crown
The downfall of the Financial Services Authority was met with resounding support. However, as its successors take over sceptics ask whether the twin peak model might create more discontent in the industry.
FCA business model met with trepidation in insurance industry
Fears have been voiced by the insurance industry that the new regulators will intrude too much into the commercial sphere and that having two bodies will cause inefficiency.
Opinion: A real code breaker
Once largely ignored, the Rehabilitation Code is now a fully established part of the claims process
Rehab code use in PI claims continues to rise
The Rehabilitation code is now “a fully established part of the claims process”, according to a report by the International Underwriting Association and the Association of British Insurers.
90% of London market claims processed electronically
The use of electronic claims files in the London company market is much more extensive than previously stated, according to the International Underwriting Association.
London insurance market's progress with ECF understated, claims IUA
The use of electronic claims files in the London company market is much more extensive than previously stated, according to new analysis by the International Underwriting Association.
Premium taxes soar across Europe
Insurance premium taxes are rising all over Europe as pressure from finance deficits and a worsening economic outlook hits home, according to the Insurance Underwriting Association.
Worsening economic outlook pushes up IPT
Several governments across Europe have ramped up insurance premium tax rates in response to finance deficits and a worsening economic outlook, research has shown.
LMA teams up with IUA to run cross-market aviation committee
The Lloyd's Market Association will share the running of a cross-market aviation committee with the International Underwriting Association.
IUA prioritises regulation and London Market modernisation for 2013
The International Underwriting Association has pledged to develop a new strategy for modernising business processes in the London Market in 2013.
Interview: Reg Brown - Been there, done that, got the t-shirt
Reg Brown has seen it all in more than half a century working in insurance, but the chairman of the Managing General Agents’ Association’s drive to improve the industry and inspire its next generation is stronger than ever.
IUA report shows £22bn of 2011 premium income controlled by London
The amount of wholesale and commercial business governed by London companies reached a combined premium total of £22bn last year, according to statistical analysis by the International Underwriting Association.
London company market aims to bring quicker processing to Europe and Asia
International Underwriting Association members have seen premium processing times cut from weeks to just days under a new initiative which will be rolled out to Europe and Asia.
Market moves: Another busy week for insurers
This week, once again, belonged to insurers, with a number of firms making significant management changes. While Aviva stole the limelight with another reshuffle, Zurich quietly added a new CEO and Mitsui Sumitomo at Lloyd's rejigged its risk management…
Canopius appoints new head of financial institutions
Lloyd's insurer Canopius has promoted Nick Kirk, pictured, to head of financial institutions with immediate effect.
IUA elects two new board members
Two new members have been elected to the Board of the International Underwriting Association.
IUA working party demands details on regulatory cooperation
More information is needed on how the UK's two new insurance regulators are going to cooperate and ensure fair treatment for companies, a new International Underwriting Association market group has stated.
IUA attacks late claims payment penalties
Proposed legal reforms that allow unlimited damages to compensate for delayed claims payments will drive up legal costs and raise insurance premiums, the International Underwriting Association has warned.