Insurer
Your say: Changing deafness climate
Tom Jones’s recent article (‘Selective insurer hearing’) suggests the insurance industry is turning on deafness claims in a ‘let’s bash the victim’ onslaught, with the prime aim of protecting funds at the expense of the injured.
View from the Top: Telematics is not the Holy Grail
Experience in the US does not bode well for quick-win motor insurance expectations in the UK
The truth about telematics?
It is no secret that even those with the most tenuous link to the UK motor insurance market are obsessed with telematics – and the panacea it promises to all. You only have to flick through the pages of this week’s Post to back that up.
Ageas Hong Kong's IFS rating affirmed
AM Best has affirmed the financial strength rating of A- (Excellent) and issuer credit rating of “A-” of Ageas Insurance Company (AICA) Hong Kong.
Four arrested in suspected crash-for-cash bus fraud
Four men in Liverpool believed to be part of a suspected crash for cash scam involving a bus have been arrested.
Ask the expert: Ali Foroshani
As an employer trying to attract people from our competitors in the current market, we are frequently advised that job seekers are most interested in the financial package on offer. Is that true in your experience?
Towergate confirms departure of directors
Towergate has confirmed the departure of integration director Jonathan Walker and former finance director Tim Philip.
Post magazine – 5 July 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
MASS calls for wider response to rise in third party accidents
The Motor Accident Solicitors Society is urging industry leaders to address a range of contributing factors rather than simply claims management companies, following a record rise in third party accidents involving bodily injury.
Quindell boss outlines FTSE ambitions
Quindell chief executive and chairman Rob Terry has outlined his strategy to lead the business he founded nine years ago into into a FTSE-100 company through acquisitions and organic growth.
Telematics firm Cobra UK to launch 'innovative' new product
Vehicle technology firm Cobra UK is planning to launch its windscreen mounted telematics box at a Post event next week.
In conversation with Zurich: Personal lines broking
Personal lines brokers have endured endless change in insurance distribution and survived – and they continue to do so.
Hyperion talk turns to integration as Windsor deal is given regulatory approval
Hyperion has pushed through the acquisition of Lloyd’s broker Windsor after receiving regulatory approval.
Tempo directors eye capacity providers and team hires following launch
The directors behind the launch of multi-line MGA – Tempo Underwriting – are hoping to forge a strong relationship with the broking fraternity after outlining their criteria for imminent team hires.
Capita hires National Australia Bank boss Holm as commercial director
Capita Insurance Services has appointed former National Australia Bank head of insurance John Holm as commercial director.
Fraud prevention in mind as Admiral appoints supplier CRIF
Admiral has appointed CRIF Decision Solutions as its new supplier for the automation of processes to support fraud prevention during the purchasing process.
Future Generali targets rural segment with microinsurance product
Generali’s Indian joint venture Future Generali has launched a microinsurance product for rural business owners.
IMD II to spark regulation for adjusters, claims managers and aggregators
Legal experts believe the European Commission’s latest Insurance Mediation Directive – IMD II – will lead to tighter regulation for loss adjusters, claims management companies and aggregators.
Quindell division delivers record licence pipeline results
The Quindell software and consulting division has finished the first half of 2012 with licence pipelines at record levels, following a Q2 in which multiple new insurance and telecoms contracts and extensions were sealed.
Unprecedented rise in third party accidents, claims IFA report
Claims management companies are to blame for an 18% increase in the number of third party accidents involving bodily injury over the past year, according to the Institute and Faculty of Actuaries’ annual report.
Novae Re exodus to damage reinsurance book
The resignations of the chief executive of Novae Re’s Zurich operation Gunter Saacke, chief underwriting officer Will Schuerch and 10 underwriters have sparked concerns that the insurer cannot retain business written by certain divisions.
Biba slams European timetable for commission disclosure
The British Insurance Brokers’ Association has accused the European Commission of ignoring the views of major financial and insurance bodies in its decision to impose a timetable to mandate disclosure of insurance commissions.
Solvency II implementation date confirmed
The 1 January 2014 implementation date for Solvency II was confirmed by the European Parliament today.
Yutree reaches partnership agreement with Pro Sight
Yutree Underwriting has launched an exclusive partnership with Pro Sight Specialty Insurance.