Ireland
Claims Club News: UK firms told to keep an eye on Ireland for PPO regime improvements
UK insurers hoping to see improvements in the periodical payment order regime should carefully monitor a review of PPOs taking place in the Republic of Ireland, according to BLM partner Joe Wakeford.
RSA CEO Hester breaks silence on new UK boss Steve Lewis
RSA group chief executive Stephen Hester has proclaimed Steve Lewis will provide the "strong leadership, energy and commitment to make the changes that will ensure the future success of our UK and Western Europe businesses".
Gable expands into Ireland with Precision deal
Liechtenstein-based Gable has completed a new agreement that will see the firm collaborate with Irish managing general agent Precision Underwriting.
RSA unveils changes to global broker function
Former Benfield Group general counsel Derek Walsh will take over responsibility for RSA’s global broker sales with key relationship managers following the retirement of Paul Donaldson at the end of the month.
Quinn family seeking compensation from state in £3.6bn lawsuit
The family of Quinn Insurance founder Sean Quinn has filed a €4.5bn (£3.6bn) lawsuit against the Central Bank of Ireland, the Minister of Finance and 10 directors of the Anglo Irish Bank.
Willis & Co plans Irish expansion with new Coleraine office
Independent northern Irish broker Willis & Company has opened a new office in Coleraine.
Too late for UK to follow Ireland's lead on injury board model
The chief executive of Ireland's Injuries Board has said it is too late for a similar personal injury compensation model to be established in the UK.
Liberty Insurance appointed lead underwriter for Hughes
Liberty Mutual's Irish subsidiary has agreed to become the lead underwriter of Hughes Insurance following its acquisition of the Northern Ireland broker announced yesterday.
Liberty Insurance acquires Northern Ireland broker Hughes
Liberty Insurance has acquired Northern Ireland broker Hughes Insurance, according to Post's sister publication Insurance Age.
Q&A: RSA boss Stephen Hester gives Post the inside track
Four months after taking over the reins at RSA, group chief executive Stephen Hester talks to Post about the reasons behind his decision to take the plunge into the general insurance industry, how the firm’s strategic action plan is progressing, life…
IBA urges passporting rethink in wake of Setanta collapse
The Irish Brokers Association has written to Ireland’s Finance Ministry, raising concerns about inadequate regulation in the lead-up to the collapse of Malta-based motor insurer Setanta Insurance.
RSA axes Deloitte legal action plans
RSA has dropped plans to pursue Deloitte over the crisis which enveloped its Ireland business last year, Post can reveal.
Technology and urbanisation among risk megatrends, XL warns
Greater connectivity and technology are intensifying global risks and contributing to the world's current state of volatility, XL's Jacob Rosengarten told the European Insurance Forum today.
Ace launches mobile app for web trading platform
Ace has launched a mobile ipad app for its web-trading platform, Ace Online, which allows brokers to quote and bind new business on behalf of clients.
Quindell sues Gotham City after research note sparks share price drop
Analysts urge outsourcer “to allay investors fears” ahead of main listing
Ireland: Bouncing back
While the Irish insurance market has endured a troubled period since the economic downturn, a number of recent developments suggest better times are on the horizon
EU probing Setanta collapse
The European Union is to investigate the collapse of Irish motor insurer Setanta, which moved to immediately dissolve itself last week.
Aviva appoints Lovely as claims director
Aviva has appointed David Lovely as its claims director, reporting to Maurice Tulloch, chief executive for UK and Ireland general insurance.
Cross-border insurance: a new opportunity?
As prudential regulation across Europe is set to become unified with the planned implementation of Solvency II, Katie Marriner looks at how the likelihood of cross-border insurance becoming a reality is being considered.
Irish insurer launches bicycle theft product
Irish insurer Blue Insurances has launched a bicycle theft product for cyclists.
Plum continues Irish roll-out with non-standard home cover
Specialist household insurance provider Plum Underwriting has started writing non-standard and mid net worth household in the Republic of Ireland.
Travelers launches sector-focused mid-sized business products
Travelers has unveiled a new suite of covers for mid-sized businesses in the UK and Ireland branded Industry Edge.
RSA Ireland recruits CEO from rival Zurich
Zurich’s Irish chief executive Ken Norgrove is to move to RSA from June after being appointed to replace former Ireland CEO Philip Smith.
2013 results: insurers’ CORs boosted by benign weather but RSA takes £244m hit
Insurers’ full‑year results were bolstered by largely benign weather conditions last year as many firms sacrificed market share in motor and home segments to retain profitability.