Zurich Insurance
Zurich Global Corporate CEO Hall set to join Aviva
David Hall, chief executive officer, Zurich Global Corporate UK, is set to leave the insurer for a senior role at Aviva, Postonline has learnt.
AM Best upgrades Zurich ratings
Rating agency AM Best has upgraded Zurich’s financial strength to A+ (superior) and its issuer credit rating to AA-.
Zurich implements Rok contingency plan
Zurich has established special outbound call centre teams in Cardiff and Whiteley to help policyholders affected by the closure of Rok’s maintenance business.
London authorities seek out joint motor insurer
A group of local London authorities has kicked off a tender process to establish a joint scheme for the insurance of council fleet vehicles.
Zurich comes under fire for 'bungled' staff consultation
Zurich has been accused of bungling the handling of its staff consultation over potential redundancies among senior and middle managers.
Zurich loses Purple panel spot
The Purple Partnership has made the second change to its core commercial insurer panel since its launch almost three years ago.
Iprism valued at £50m as PE firm takes a stake - Post in print: 18 November 2010
Reporter Amy Ellis outlines the main news from this week's issue of Post, including how backing from a PE firm has led to Iprism being valued at £50m; Zurich coming under fire for 'bungled' staff consultation; Allianz's Andrew Torrance bemoaning new…
Zurich reiterates commitment to Spain despite $388m sale
Zurich has insisted it remains fully committed to Spain - and to its other bancassurance partners in the country - after agreeing to sell back to Unnim its 50% stakes in the life and general insurance bancassurance companies the pair jointly own.
Aspen UK's Swiss branch granted approval by regulator
Aspen Insurance Holdings today announced that the Swiss Financial Market Supervisory Authority approved Aspen Insurance UK, Zurich Insurance Branch, as an admitted direct insurer in Switzerland.
Zurich: telematics can reduce costs by 30%
Companies could use new technological developments to reduce the costs of crashes in their motor fleets by up to 30%, according to Zurich Financial Services Group.
Beazley appoints Ken Sroka to its board
Former head of product development at Zurich Financial Services, Ken Sroka has been appointed to the board of Beazley with effect from 12 November.
Zurich unveils Torry as the new MD of its Municipal business
Zurich Municipal managing director Rob Allison has informed Stephen Lewis, chief executive, Zurich’s UK General Insurance division that he intends to retire in Spring 2011.
Editor's comment: Rok's troubles raise issues
The news this week that building firm Rok had filed for administration will certainly have raised some questions among the insurance fraternity.
Bluefin puts Elite into run-off
Bluefin is putting its Elite underwriting facility for SME business into run-off.
NTR approaches £1.5m GWP in pilot
The Network Trading Room, a trading environment housed within the Broker Network exclusively for members, has today confirmed that it has written almost £1.5m GWP since trading began in August 2010 during a pilot for the service.
Chartis revealed as largest solicitors' PI insurer at 2010 renewals
The Solicitors Regulation Authority has today confirmed that the total premium pool for the solicitor's professional indemnity market this year was £213.6m.
Zurich, Tesco and Axa contractor Rok files for administration
Building firm Rok - which numbers Axa and Zurich among its insurance clients - this morning announced that it had filed for administration.
Zurich reports 22% decrease in GI profit in 2010 Q3 results
Zurich this morning reported a business operating profit within general insurance of £2bn, a reduction of 22%.
Aviva raids Zurich for new CIO
Aviva has appointed François Xavier Quilici as chief information technology officer for Aviva France, as well as core IT applications director for Aviva Europe.
Aviva raids Zurich for new CIO
Aviva has appointed François Xavier Quilici as chief information technology officer for Aviva France, as well as core IT applications director for Aviva Europe.
News analysis - Lord Young report: Sense of anticipation
David Smith gives an insurer's view of Lord Young's report, and finds there is a great deal that the public and private sectors can unite behind.
Insurers must fight public sector 'disabler' reputation
Zurich Municipal has urged the public sector to consider its long-term risk management plans in light of the impending government spending cuts.
Drennan raises Alarm over local council cuts
Risk management should no longer be simply seen as a "little silo" within local authorities, according to a senior public sector representative.
Zurich director: Lord Young report needs further discussions
The insurance industry needs to work with Lord Young of Graffham to make sure his proposed health & safety code of practice is not too complex and prescriptive, according to a senior insurance figure.