Insurer
Ingosstrakh responds to Generali Russia rumours
Russian insurer Igosstrakh has stated that deals with "radical differences" to the vision of the firm's development strategy will be avoided.
Aviva UK GI CEO McMillan backs “life heavyweight” Matthews to manage GI responsibilities
Aviva UK general insurance chief executive David McMillan has insisted the appointment of “life insurance heavyweight” Trevor Matthews to replace the outgoing Mark Hodges as UK CEO will not impact the firm’s ability to serve general insurance customers.
‘A+’ for Alte Leipziger Versicherung
Fitch Ratings has assigned German non-life insurer Alte Leipziger Versicherung Aktiengesellschaft (ALV) an Insurer Financial Strength (IFS) rating of 'A+' with a Stable Outlook.
Jubilee names affinity and special risks underwriter
Jubilee has appointed Warren Campbell as an affinity and special risks underwriter at the Lloyd’s insurer.
Homer to step down in October as Hodges joins Towergate
Towergate Chairman Alastair Lyons has confirmed that subject to FSA approval, Mark Hodges, currently executive director and UK chief executive officer of Aviva plc will join the broker to replace Andy Homer.
‘A+’ for Alte Leipziger Versicherung
Fitch Ratings has assigned German non-life insurer Alte Leipziger Versicherung Aktiengesellschaft (ALV) an Insurer Financial Strength (IFS) rating of 'A+' with a Stable Outlook.
Towergate appoints Mark Hodges as group CEO
Aviva plc has announced Mark Hodges, UK CEO will leave the business to join Towergate.
Broker Assistance unveils new online system
North West-based motor claims and legal expenses insurance provider Broker Assistance has begun rolling out an enhanced on-line service system for new and existing customers.
Post Blog: History repeating itself - a tale of two Towergates
Having been rebuffed a fortnight ago when inquring about whether Aviva UK CEO Mark Hodges was jumping ship to join Towergate as group CEO, the Post news desk was not exactly surprised when he was unveiled as Andy Homer's successor today.
Westinsure launches SME initiative
Broker network Westinsure has launched an initiative to create a range of SME deals exclusively designed for its members, providing a combination of bespoke policy wordings, tailored service proposition and competitive ratings.
Kennedys creates Irish operation with merger
International litigation and dispute resolution firm, Kennedys has opened its ninth international office in Dublin.
New APC policy to cover Olympic tourist surge
Commercial insurance underwriting agency, APC, is to launch a new area rated hotel and guest house product to help UK proprietors to take advantage of the expected nationwide surge in tourist numbers resulting from the Olympics.
Kennedys creates Irish operation with merger
International litigation and dispute resolution firm, Kennedys has opened its ninth international office in Dublin.
Rehabilitation - Workplace innovation: A good measure of rehabilitation success
Insurers have been vocal in their criticism of rehabilitation service innovation. Mark Howard and Brian Whelan argue that, while progress has been made, the next stage in evolution needs to be a radical one.
Inflatable standards urged
Insurers have been urged to introduce new cover pre-requisites for inflatable amusements, after three children were injured when the bouncy castle they were playing on at a hotel in North Yorkshire came loose from its moorings and hit a telegraph pole.
Property claims: Surveillance legislation should hold no fear for insurers
Insurers have been told to embrace surveillance and that they have nothing to fear from the legislation surrounding it.
LSB referral fee advice slammed as 'mistaken'
The Ministry of Justice has been urged to disregard the "mistaken" advice of the Legal Services Board and ban referral fees, as lawyers and insurers joined forces to criticise the decision.
CSR news: CEO cycles 200 miles for charity in inaugural tour d'Aviva
UK CEO Mark Hodges has taken part in Aviva's charity bike ride challenge — tour d'Aviva — between its York and Norwich offices. From 24 to 26 May, a team of 13 from the Aviva leadership team, including top boss Mr Hodges, cycled nearly 200 miles in the…
Editor's comment: Passing the hot potato
And so the buck gets passed once more. Another week, another non-decision on referral fees. This week it was the turn of the Legal Services Board to fight shy of a ban, deferring future responsibility for dealing with this questionable practice to…
Post history - 20 years ago: Employment figures drop in insurance
Looking back through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this article from 20 years ago reveals.
Property claims: UK businesses have failed to respond to roof collapse threat
The severity of the winter 2010 cold snap exposed a lack of preparedness by UK businesses, according to Huw Chandler, property risk engineering practice leader at XL Insurance.
'Therapy drift' leads Axa to outcome-based model
Axa Insurance is looking to counter its concerns over rehabilitation 'therapy drift' by working with a provider's new outcome-based pricing model, which effectively offers insurers a money-back guarantee on results.
Property claims: Curb 'hide and seek' culture over claims
Insurers and claims firms have been told to curb "the hide and seek" culture obscuring the cost of claims handling.
Property claims: Lawyer in CFA plea
Non-foreseeability defences, often used in subsidence claims, could be on their last legs, according to a leading lawyer.