RSA Group
COO eyes further RSA disposals in second half of 2014
RSA has set its sights on completing more disposals in the second half of the year after the sale of its Canadian broker business brought the amount generated through sales since February to £540m.
Q&A: RSA boss Stephen Hester gives Post the inside track
Four months after taking over the reins at RSA, group chief executive Stephen Hester talks to Post about the reasons behind his decision to take the plunge into the general insurance industry, how the firm’s strategic action plan is progressing, life…
RSA boss Hester open-minded on motor market presence
RSA group chief executive Stephen Hester has ruled out further cut-backs in the UK motor space in the short term but has warned he will not treat the embattled market as a “sacred cow”.
UK General shrinks commercial broker partnerships
UK General is reducing the number of broker relationships in its commercial division in a bid to deliver “an improved, tailored service” the Leeds-based insurer said today.
Axa tops Brokerbility's insurer service poll
Axa received the highest satisfaction score in Brokerbility’s biannual survey of insurer service standards.
Adrian Brown offloads £884k of RSA stock ahead of Gallagher move
RSA’s outgoing UK and Western Europe chief executive Adrian Brown has sold 180 000 RSA shares ahead of his departure to Gallagher.
RSA ‘absolutely’ committed to UK motor despite axing 800 brokers
RSA has reaffirmed its commitment to the UK motor market in spite of its decision to sever ties with personal lines brokers where portfolios are dominated by the troubled business class.
RSA cutting more than a third of personal motor brokers
RSA is to reduce the number of personal motor broker relationships by 35%, axing partnerships primarily led by motor cover.
Insurers told to cut losses in motor amid ongoing competition concerns
Hiscox AGM sees 42% of shareholders vote against remuneration policy
Interview: Mark Cliff: Moving on up
Ageas broking boss Mark Cliff tells Post how he plans to use growth, simplification and people power to propel the firm into the top three UK personal lines intermediaries
BIA Countdown: Marketing moguls reflect on 20 years of the BIAs
As part of Post’s countdown to the 20th anniversary of the British Insurance Awards in July, we spoke to the major insurers who have experienced wins in the marketing category over the years, asking them how the industry has changed since the first BIAs.
Market Moves - 22/29 May 2014
All the latest job moves in the insurance market
Sony warehouse fire consequential losses verdict overturned
The Court of Appeal today ruled that section 2 of the Riot (Damages) Act does allow recovery for consequential losses, overturning an earlier ruling.
RSA sells Canadian broker to AJ Gallagher
RSA has sold its Canadian broker Noraxis Capital to AJ Gallagher for C$500m (£273m).
RSA axes Deloitte legal action plans
RSA has dropped plans to pursue Deloitte over the crisis which enveloped its Ireland business last year, Post can reveal.
Non-exec duo depart RSA board
Two long term non-executive directors have stepped down from their roles at RSA board at the insurer’s May 9 Annual General Meeting.
‘Walkie-Scorchie’ set for May glare fix
A London skyscraper will see work commence this month to prevent reflected glares which last year melted and warped the panels of a car.
RSA promotes Price to exec committee
RSA has handed group chief information officer Darren Price a seat on its group executive committee, pending regulatory approval.
Biba 2014: RSA unveils One Global offering
RSA has revealed a new packaged product for UK businesses with presence in up to 10 other countries, branded One Global.
Care home rates skyrocket as firms seek to limit exposure after Savile scandal
RSA among insurers demanding increased premiums amid claims surge fears
BIBA: Manchester lowdown
With 2014’s BIBA Conference taking place in Manchester, Post asked industry movers and shakers about everything from their favourite local bands to Coronation Street
Regional Review: Manchester
Ask a member of the Mancunian insurance workforce what the benefits of being located in the city are and they’ll likely respond with: “Where do I start?”
RSA sees NWP fall 4% in first quarter
RSA saw underlying net written premiums fall 4% in the first three months of 2014 as the effects of its portfolio action plan and a more disciplined underwriting approach across all regions took hold.