Willis Towers Watson
In Series: Technology: Insuring the next generation of smart car
Age of the smart car
Ex-army captain hired to write war, terrorism and political violence at XL
XL Group has appointed Daniel O’Connell to underwrite war, terrorism and political violence within the firm’s new crisis management team.
Top five European news stories
The top five news stories from www.insuranceinsight.com
Gable to offer Italian bonds
Gable Holdings has launched its first product in Italy, providing bonds for companies bidding and undertaking work for state and public corporations.
Willis exec slams risk management disconnect
The risk management functions of a significant number of insurers have little direct connection to the decision-making that drives those organizations, Dave Ingram, executive vice president of Willis Re has claimed.
Towers Watson appoints MD of European risk consulting
Towers Watson has named Michael Murphy as managing director of its risk consulting and software business in Europe, the Middle East and Africa, with immediate effect.
Penny Black's insurance week
Penny recently had the pleasure of catching up with newly appointed British Insurance Brokers’ Association chief executive Steve White, hoping to gain an insight into his plans to change the sector for the better.
Telematics Expo: Magic number is 200 says Aviva
Telematics can reliably predict the future driving style of a customer after 200 miles of use according to Aviva's GI partnerships and business development director Simon Warsop.
Telematics: Taking the wheel?
Will plans by car manufacturers to fit telematics black boxes to new vehicles see them become major players in the motor insurance sector?
Domestic insurers must take advantage of Turkey's growth says broker
There is huge potential for (re)insurance growth in Turkey, according to Namik Gulsun, executive director, EMENA at facultative and wholesale broker, Faber Global.
Plumeri's replacement at Willis announced
Broking giant Willis has announced that Jim McCann will succeed Joe Plumeri as non-executive chairman following Plumeri’s retirement in July this year.
Willis announces chairman to succeed Plumeri
Broking giant Willis has announced that Jim McCann will succeed Joe Plumeri as non-executive chairman following Plumeri’s retirement in July this year.
Towergate bolsters Northern broking teams
Towergate has recruited Willis’ corporate Northern region director to head up its own business for the region, as well as appointing a new managing director for its Newcastle operation.
New model can highlight political violence exposure, says Towers Watson
Professional services firm Towers Watson has unveiled its new Sunstone model, designed to give firms a better understanding of their terrorism exposure.
Post Claims Club: London market should follow other sectors’ lead in implementing standards
The London market could benefit from the introduction of a road traffic accident portal-like electronic system with fixed timelines and costs consequences for delays in decision making, according to Martin Thomas, chief claims officer at Aon Risk…
Top 5 European news stories
The top five European news stories from www.insuranceinsight.com over the past seven days.
Towers Watson calls for executive pay to reflect ERM
A third of global risk executives are unhappy with links between risk management and their executive pay policies but have no plans to change their approach, according to a study by Towers Watson.
Willis secures twelve month extention in Gras Savoye deal
Willis Group has extended the exercise date of its call option to acquire full ownership of French insurance broker Gras Savoye by one year.
Solvency II: worth the wait?
After many delays, Solvency II implementation is still far from certain. While some insurers have grown disillusioned by the process, others remain keen to see the directive’s benefits come to fruition.
Mutuals “in prime position” with reinsurers says Willis Re
Mutual insurers can capitalise on the changing buying habits in reinsurance markets according to Willis.
Mutuals can capitalise on changing reinsurance framework
Savvy mutual insurers stand to benefit from changes in the traditional reinsurance market, according to Willis Re.
Insurers miss opportunity to voice opinions on EU consultation on PPOs
The UK’s general insurance sector has failed to engage with a consultation on setting Solvency II liability rules, despite a European Union recommendation that 20% of the sector should contribute for the study to be credible.
Asbestos: Unclear Future
From differences in compensation eligibility across the UK to legal battles over mesothelioma liability, asbestos-related illnesses are presenting insurers with a range of challenges.
Market Moves: Bollington and Miller help keep brokers at the top of the recruitment table
It was a quiet week for insurers as the broking sector once again dominated the recruitment landscape. There were notable hires not just at Bollington, but also at Miller where a pair of placement specialists joined the expanding team. The Lloyd’s market…