RSA Group
View from the Top: Big business made easy
As businesses grow and expand their global reach it is more important than ever for insurers to deliver consistently across the globe.
Lee to succeed Haste at RSA from 1 November
Further to the announcement made on 4 August 2011 regarding Andy Haste’s intention to step down, RSA has confirmed that Simon Lee will succeed Haste with effect from 1 November 2011.
McManus Towergate move rubbished as Wilkinson wins Willis UK CEO role
Market speculation suggests that outgoing Willis UK & Ireland chief executive Brendan McManus will target a role at another major broker, after well-placed sources rubbished rumours linking him with a move to Towergate.
Aviva to axe 950 jobs as Dublin-based operation set to be dismantled
The decision to dismantle Aviva’s Dublin-based European holding company with the loss of up to 950 jobs has been blamed on “economic and regulatory burdens”.
Market moves: All change at Zurich and Willis
Following a slow period, large insurers made a number of key appointments this week, including major moves at Zurich, Allianz and RSA.
Rating factors - Age: Age-old dilemma
After losing the battle to use gender as a rating factor, could the insurance industry be facing a new threat as age falls under the spotlight?
UK motor insurers cough up for PPO
Insurers are seeing a steady rise in demand for periodic payment orders, backing the findings of the Institute and Faculty of Actuaries.
Global insurers restricted in Ireland after downgrade
Allianz, Aviva and RSA Insurance have been restricted from providing cover for Irish state companies because Ireland has been demoted by credit rating agencies.
RSA recruits More Than man to head up e-business
RSA has appointed Ian Hood as group e-business director, with immediate effect.
Ex-Swiftcover boss promoted to RSA e-business head
Global insurer RSA has appointed former Switfcover boss Ian Hood as group e-business director.
Market moves - 20 October 2011
This week the main movers and shakers were loss adjusters, with Davies, Woodgate & Clark and Advanta all making major appointments.
Broker report reveals Aviva, Chartis and RSA drop in underwriting service
Insurers must do more to boost satisfaction among brokers, according to a Brokerbility survey that suggested Axa is currently the only firm performing above the 80% approval benchmark.
Climate change: A changing environment
With insurers rushing to provide environmental cover, how are they performing themselves in the climate change stakes?
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