RSA Group
Home & Legacy in broker push
High net worth underwriting agency Home & Legacy has announced ambitious expansion plans on the back of slicker technology and a six-month 2.5% boost in commission paid to brokers.
Penny Black’s insurance week
A competition organised by the smart suit people Cad and the Dandy for the best-dressed banker caught Penny’s eye this week, with the judges for the award including the sartorial pugilist Chris Eubank.
Ecclesiastical shakes up property owners market with Crown Estate win
Property owners’ insurance brokers are benefiting from heightened competition between business-hungry insurers, with the entry of Ecclesiastical in May and the former Axa team starting to write business for Mistui Sumitomo at Lloyd’s this week.
Interest from Middle East inevitable due to depressed share prices
The European insurance industry is likely to see an investor from the Middle East take a shareholding in an established brand within six to eight months, according to a regional expert.
Ex-KPMG insurance leader joins RSA as NED
RSA has appointed Alastair Barbour to its board as a non-executive director as of today.
80mph motorway speed limit to raise premiums
The proposed increased speed limit on motorways could lead to more deaths and injuries and inevitably higher premiums.
Agriculture: Reaping the rewards
With a rise in the theft of agricultural plant equipment, the industry and police are striking back with new initiatives.
RSA launches Global Specialty Lines
RSA is launching Global Specialty Lines, a division dedicated to its specialist departments: Risk Solutions, Construction and Engineering, Marine and Renewable Energy. The new specialty unit will be open for business on Tuesday 4th October 2011.
RSA creates new specialty division
Global insurer RSA has combined its large, risk managed and specialist businesses across the globe to create a global specialty lines division.
Market moves: Getting ready for the fourth quarter
Lloyd’s players were the most active recruiters this week as the insurance industry looks forward to the fourth quarter. A number of underwriters in the London Market made appointments, with a view to strengthening their teams. Moves among insurers…
Online this week
The top ten stories from www.postonline.co.uk
Top 100 UK insurers supplement: Steadying the ship
After a tough 2009, the top insurers have managed to maintain GWP levels in 2010 but snapping at their heels are a few new entrants doing their best to prove there is still money to be made in general insurance.
Top 100 UK insurers supplement - brand analysis: Battle of the brands
With commercial pressures and tough business conditions putting the squeeze on insurance companies, the importance of the brand has never been more vital. So who is getting it right?
Lorega adds new adjuster
Lorega Solutions has appointed Adrian Starr as a chartered loss adjuster.
RSA rules out investment in R&D of renewable energy
RSA has claimed it wants to be a major player in the renewable energy market but has stated it “won’t be at the forefront of research and development risks” as this is someone else’s job.
Renewable manufacturers call for tariff withdrawal protection
The insurance industry could play a crucial role in supplying protection against u-turns in European government policy and provide vital support for the emerging renewables market.
Bio-energy sector most 'problematic' for underwriters
The bio-energy sector is the ‘most problematic' renewable area for underwriters according to RSA.
RSA to head to High Court to defend disputed subrogation policy
RSA is going to the High Court next year in a bid to defend its policy of adding as much as 25% to bills passed on to rival insurers through subrogation.
Editor's comment: Overcoming the barriers
If there’s one thing we can say for sure this week, it’s that the latest round in the subrogation set-to over disputed motor repair bills will not be the last.
RSA to head to High Court – Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including RSA’s plans to head to the High Court in a bid to defend its policy of using a wholly-owned subsidiary for motor repairs, which has been found to add as much as 25…
RSA’s Tomlinson to prepare RBSI sale
RBS Insurance has poached RSA’s group legal director Humphrey Tomlinson to be general counsel and company secretary to prepare the business for sale.
RSA promotes Heiss to legal chief
RSA has promoted Charlotte Heiss to the role of head of group legal at its group corporate centre.
RSA insists adding to claims is “legal”
RSA has insisted its use of a wholly-owned subsidiary to increase the prices of motor accident repairs charged to rival firms is lawful.
RSA’s enhanced motor claims add 25%
Britain’s fourth biggest motor insurer RSA stands accused by a county court judge of artificially inflating repair costs charged to other insurers by more than £2.4m.