Personal
New Coverbox boss van der Merwe aims to beat telematics rivals on pricing
The new boss of telematics insurance provider Coverbox has outlined plans to better match premiums to its customers’ driving habits, insisting the current ‘pay-as-you-drive’ players are not making best use of the available technology.
Credit hire: Two sides to the story
Credit hire organisations and insurers are blaming each other for the cost of credit hire. With the Office of Fair Trading conducting a review, will anyone emerge victorious?
Post magazine – 26 January 2012
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Thai cat fund could prove too costly for reinsurers
International reinsurers will have to be “seriously convinced” the Thailand government’s catastrophe fund is profitable if they are to insure it.
Trio arrested for selling fake Groupama policies
The police fraud unit has arrested three individuals suspected of selling fraudulent policies under the Groupama name.
Legal cover firm creates online broker portal
A motor and family legal cover provider has launched a free online portal which allows brokers to browse policies and documents on 50 types of commercial and personal lines cover.
Cyclists urged to support Allianz-backed bike ride
The Prince’s Trust has announced that its Palace to Palace cycle ride will be coming to the West Midlands for the first time.
Cruise ship disaster: Hannover Re hit with multimillion pound loss
International reinsurer Hannover Re has suffered a marine hull loss of €30m from the Costa Concordia disaster.
Spotlight on whiplash claims highlights importance of good documentation
Recent news stories about whiplash claims are a reminder for doctors to ensure they take robust notes when treating patients presenting with neck injuries following car accidents, according to the Medical Protection Society.
AA finds home insurance premiums rising steadily
Home insurance premiums continued a steady upward trend towards the end of 2011, with the average quote for annual buildings, contents and for combined policies rising by 11% over the course of last year.
Your say: Catalytic converters targeted
Having read the article on the authorities’ slow reactions to metal theft I wanted to highlight that another area being targeted by thieves is motor catalytic converters.
News analysis: Groupama UK up for sale — but who will buy the group?
Will Groupama be sold lock, stock and barrel or broken into an insurer and its broker parts?
Government must pass whiplash legislation quickly claim insurers
Insurers have backed calls for legislation, if something is to be done quickly about spiralling whiplash claims in the UK.
Expert analysis: Gender confusion
European Commission guidelines provide scant clarity on what is, and isn’t, deemed ‘new’, says Mathew Rutter.
Broking - Mergers & acquisitions: Do not disturb
2011 was a relatively sleepy year for merger & acquisition activity in the broker sector. Could 2012 be a wake-up call or will the market stay snoozing?
Employment: Hiring and firing
There are two sides to the recruitment story in the insurance industry — while some are reducing their headcount, others are looking to bring in fresh faces.
Post magazine – 19 January 2012
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Government cat fund for Thailand
A £1bn Thai catastrophe fund is to be set up by the local government to provide cover for households, small to medium sized enterprises and industrial factories against floods, wind storms and earthquakes.
Indian insurers turn their back on agency model
Since April 2010 the Indian life insurance industry has lost nearly a third of its corporate agents while most of the large life insurers have lost 50% of corporate agents, according to a new report.
Generali, RSA and XL Group believed to insure stricken cruise ship
The Costa Concordia, which ran aground on Friday, is believed to have been insured by companies including RSA Insurance Group, Assicurazioni Generali SpA, and XL Group.
Jubilee launches download cover
Specialist Lloyd’s insurer Jubilee and underwriting agency iDigital have joined forces to develop and distribute the cover for downloaded content held on all forms of electronic equipment.
Post Intelligence Benchmarking: High Net Worth Personal Lines Insight Report 2011
Based on comprehensive input from 212 British Isles HNW P/L broking professionals, the High Net Worth Personal Lines Insight Report 2011 details the front-line service performance of the broker market's ten most-used HNW P/L insurers and MGAs.
WHO expert calls for cashless insurance system for Indian healthcare
Indian health insurance should cover more than it currently does according to experts at a recent one-day national consultation on the state of the market.
Uniqa Austria board reduces to four as Holzhauser leaves
The UNIQA Austria board will be reduced to four members after sales director Werner Holzhauser left the company by mutual agreement.