Zurich Insurance
Hastings eyes Aviva and Allianz in 2012 IPO push
Hastings Direct's panel of insurers has more than doubled in size since a management buyout 18 months ago, with more firms due to sign up this year, as it eyes one million policies.
Severe weather costs Zurich $295m
Zurich has estimated claims caused by the severe weather-related events that hit the US in April and May to be approximately $295m for both Zurich North America and Farmers Re.
Aviva heads back into telematics for fleet customers
Aviva is targeting 20% of its haulage and goods-carrying motor account as it re-enters the telematics market, seven years after its first attempt to launch the technology in the personal lines arena.
Spotlight on Reputation: Making progress over trust
In 2009, the Chartered Insurance Institute published its Future of Trust in Financial Services research, which revealed some key concerns for the insurance industry. Two years on, CII faculty members reflect on the progress made.
First 70 brokers join Zurich Elite 100 club
Zurich has established a club for its top 70 regional commercial brokers.
Motor Focus - Premium Challenges: Mauled by the media
After being pounded by the press for putting premiums up, Leigh Jackson looks at the future of motor insurance and asks whether policyholders could do more to help themselves.
Ten years on, liquidator reflects on Indy failure - Insurance News Now - 16 June 2011
Post senior reporter Amy Ellis outlines this week's major general insurance stories including how ten years on from Independent Insurance going into liquidation, PwC's Dan Schwarzmann is hopeful a scheme of arrangement being agreed by the end of the year.
Zurich disposes of UK subsidiary
Zurich has announced that one of its non-core subsidiaries in the UK, Zurich Specialties London, will transfer its run off insurance business to Swiss Re at book value.
Professional indemnity – the growth market
Professional indemnity was worth almost €6bn across Europe in 2010 and with changes to Italian legislation and increasing negligence claims Alan Leach explains how this market is sure to expand.
Admiral & BGL: Motor rates to slow in H2
Motor rates are likely to slow to single digit levels in the second half of the year, according to analysts, as some players “fight back” from market share losses.
Former Zurich Municipal boss returns
The former managing director of Zurich Municipal Rob Allison has joined York-based broker DE Ford.
Willis looks to enhance alliance relationships with insurers
Over 100 Willis commercial network members are expected to attend the annual forum of Willis Group Holdings’ which today in Alicante, Spain.
Editor's coment: Restoring good faith
After more than a year in gestation, Airmic finally unveiled its new model clause on Tuesday at its annual conference in Bournemouth.
Airmic 2011: Managing global risks with the right knowledge
Delegates at Airmic were able to see a demonstration of ‘The Zurich Rick Room’ a tool designed by the insurer to help organisations plot their strategic direction in the face of a constantly changing risk landscape.
Large corporate risks - Global compliance: Could a central rules database help?
The global insurance compliance headache for large corporates operating in multiple jurisdictions is only intensifying. Veronica Cowan explores if and how a central rules database could help.
Imperial replaces Davies
Imperial Consultants is set to replace rival claims firm Davies on Zurich's panel for low-value property repair validation, Post has learnt.
Property claims: Sustainable claims cost fears allayed by scheme
The insurance industry is set to introduce a new sustainability scheme, measuring the carbon output of the claims process.
Exercise Watermark set for insurer-specific rerun
The Association of British Insurers has confirmed Exercise Watermark, the government's emergency flood scenario run nationwide in March, will be re-enacted specifically for the insurance industry in August, in conjunction with the Cabinet Office.
Post history - Five years ago: Zurich first in sponsoring restoration
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from five years ago reveals.
Zurich rings changes to commercial broker division
Zurich has made a number of new appointments as part of the planned restructure of its UKGI commercial division.
Debating the mid-corporate commercial market
If you missed the recent live webinar debating the mid-corporate commercial market - it is now available for viewing on-demand.
Penny Black's insurance week
Another year, another Biba conference; brokers nurse their hangovers, hacks try to recall the juicy story slurred in their ear at 2am, and insurers vow to return to the exhibition hall next year with a bigger stand than Aviva, nicer cup cakes than Zurich…
Zurich sees engineering business grow by 50%
Zurich's engineering insurance business has grown by 50% to £15m gross written premium in the past two years, with the ambition to take it to £25m over the next three to five years.
Law report: An inflammatory judgment on findings of fire fraud
This law report has been contributed by national law firm Berrymans Lace Mawer.