RSA Group
Insurers dismiss 'misleading' CRU figures showing declining whiplash claims
Insurers have described government figures obtained via an Association of Personal Injury Lawyers freedom of information request as “misrepresentative” of the true scale of whiplash claims.
RSA boss Lewis hopeful for Irish division turnaround in 2016
RSA UK and Western Europe CEO Steve Lewis is confident the insurer's Irish business will be moving towards profitability in 2016, but has admitted there is still a lot "heavy lifting" to do in the division.
Telematics performance bolsters RSA personal motor growth in Q1
RSA has attributed “strong performance” in its telematics offering as the driver of 14% growth within its UK personal motor business, which chalked up £57m of net written premiums in the first quarter of 2015 (Q1 2014: £50m).
RSA investor angered over Hester pay package
RSA investor Cevian Capital has indicated it may vote against CEO Stephen Hester's remuneration package, according to reports.
Colahan opens Berkshire's commercial Australian operations
Berkshire Hathaway Specialty is aiming to shake up the large corporate space in Australia after being granted a license to write business.
Ex-RSA CDO Hood resurfaces in asset management sector
Former RSA chief digital officer Ian Hood has resurfaced in the asset management sector after joining Fidelity Worldwide Investment as head of digital for the UK business.
Market Moves - 16 April 2015
Who has moved where this week in the insurance industry.
Allied World seals purchase of RSA's Hong Kong and Singapore operations
The sale of RSA’s businesses in Hong Kong and Singapore to the Swiss-based Allied World Assurance Company has been completed.
RSA's Hood resigns two months after taking on CDO role
RSA chief digital officer Ian Hood has resigned from the insurer just two months after taking on the role and has set his sights on a move to a different sector.
Gumtree ghost broker jailed for two years
A car rental firm owner who made £65,000 selling invalid motor insurance was jailed today for two years at the Old Bailey (26 March).
Blog: Things we should learn from Post's Hackathon
The insurance industry's reputation for innovation leaves a lot to be desired. When describing the speed with which new technologies are adopted in the industry, references to oil tankers and dinosaurs are much more appropriate than those to jet planes…
Fraudster jailed for a year after RSA investigation
A fraudulent claimant has been jailed for 12 months after being found guilty of contempt of court.
Hester receives £939,000 bonus despite 2014 target miss
RSA CEO Stephen Hester was paid £2.1m in 2014, according to the firm’s annual report.
Museums: Heritage at heart
The UK’s museums are big business, so how do administrators make sure their assets are covered in any eventuality?
Axa and RSA confident unsigned contracts for driverless cars will not hold up trials
Insurers involved in the upcoming driverless cars road trials have dismissed the significance of delays in the signing of contracts, after the government “unexpectedly” pledged to invest £100m in the technology.
PPO damages ruled out by judge on RSA split liability case
A High Court judge has ruled that a periodic payment order is not be an appropriate form of damages where there is a significant liability split.
Local talent pools
How can insurers develop pools of talent in areas outside the capital, and how do tools such as Linked In and Skype facilitate this?
Arson: No smoke without fire
While fire risk has dropped considerably over the past decade, almost half the £1bn paid out in fire claims each year is as a result of deliberate acts. So what can be done to reduce the losses caused by arson?
Penny Black’s Insurance Week - 19 March
Technology is not Penny’s forte.
Laspo benefits questioned as industry rallies behind Aviva whiplash proposals
Insurers have backed Aviva's proposals to reduce the volume and cost of whiplash claims against a backdrop of criticism around the effectiveness of the government's civil justice reforms and aggressive tactics by third parties.
RSA looking to offload Latin American arm - report
RSA has instructed Goldman Sachs to sell its Latin American business, according to a report.
Smith verdict due in May - report
An employment tribunal will reconvene in May to deliver its findings into Philip Smith's departure from RSA Ireland.
Blog: The Frozen middle told to "Let it Go" to boost digital insurance innovation
Last week Post held the Digital Insurance Strategies 2015 conference.
RSA receives approval to launch ABS
RSA has become the third insurer to link up with law firm Parabis Group to launch an alternative business structure.