Insurer
Mapfre to provide assistance services for Dominicana Compañía de Seguros
Mapfre Asistencia's Dominican Republic-based subsidiary will offer an assistance scheme for motor insurance cover to customers of general insurance firm Dominicana Compañía de Seguros.
RSA ruling to create added costs in motor repair, says Groupama
The High Court's decision to rule in favour of RSA on subrogated motor repairs will cause "confusion" and "frictional expense", according to Groupama.
Ageas Insurance Solutions appoints senior management duo
Ageas Insurance Solutions has reiterated its determination to pursue further growth following the appointments of Colin Butler as senior insurer development manager and Chris Quayle as head of finance.
RSA wins subrogation case while Allianz fears motor premium hike
RSA has won a High Court battle defending its policy of adding up to 25% to motor repair bills passed on to rival insurers through subrogation, much to the disappointment of Allianz and Provident Insurance, which were involved in the litigation and…
Keychoice and Aviva extend partnership
Keychoice and Aviva have extended their general insurance distribution agreement.
Thistle Insurance manager Comerford joins MGAA as general manager
The Managing General Agents Association has appointed Thistle Insurance boss Jane Comerford as general manager.
Quindell set to boost growth with potential further acquisition
Quindell has reached an agreement to partner with Intelligent Claims Management, a cloud-based claims management network in the UK.
UK insurers face capital hike under RMS v11
UK insurers may see increases of up to 97% in their capital requirement for catastrophe exposures under Solvency II rules when making calculations under the new RMS model version 11, with French and German insurers facing similar though not quite so…
Ten Insurance launches scheme for amateur radio enthusiasts
Broker network Ten Insurance has launched a new scheme for The Radio Society of Great Britain, the not-for-profit national organisation for amateur radio enthusiasts.
Oman Insurance signs bancassurance deal with CBI
The Oman Insurance Company has signed a deal with Commercial Bank International to provide a range of insurance products.
Olympics Countdown: Plotting the profits of the games
While insurers may coin it as companies take on additional cover during the games, increased profits for leisure businesses are far less certain.
Mobile phone insurance 'unnecessary', says Virgin Media survey
Virgin Media director of mobile Jamie Heywood has challenged the mobile industry to highlight the importance of insurance following a "shocking" survey which found that 72% of those polled are not insuring their phones.
Xchanging makes sales hire as part of North America push
Xchanging has appointed Jenna Fontaine as director of sales for the firm's North American operation to engage with new and existing customers and drive growth.
BGL invests £1m in Fusion service centre technology
Fusion Contact Centre Services, part of the BGL Group, is to spend £1m enhancing its technology platform.
FM Global targets Asian expansion
FM Global wants to grow its presence in Asia as increasing numbers of its clients invest in emerging economies, according to the firm's head of Northern Europe Stefano Tranquillo.
'Modest recovery' on the horizon for brokers globally
The outlook for the global insurance brokerage sector remains stable, underpinned by expectations for a modest economic recovery in 2012-2013, Moody's said in its recent Global Insurance Brokerage Outlook.
Middle East guest blog: Oops! Am I insured?
Recently I came across a very interesting blog on medical insurance. The main point the blogger wanted to drive home is that one shouldn’t purchase insurance after a loss happens.
UK ABI backs government decision to omit industry from Equality Act
The Association of British Insurers has thrown its support behind a Home Office announcement that imminent discrimination laws will not apply to the insurance industry.
Churchill profit jumps 246% to £77.6m
Direct Line Group-owned Churchill Insurance posted £77.6m profit in 2011, a vast improvement on the 2010 £53.3m loss, while personal motor premiums fell by £1bn.
AIRMIC 2012: Risk managers want outcomes-based policies
Risk managers want policies based on outcomes not perils, according to Prudential's group insurance risk manager Helen Hayden.
Chartis increases property capacity to $1.5bn
Chartis, the property and casualty arm of US insurer AIG, has increased its commercial property capacity to $1.5bn per risk globally.
Russia struggles to impose compulsory hazardous objects cover
It is almost five months since the new compulsory hazardous objects liability insurance came into force in Russia, and it has faced significant challenges to date.
Telematics: the data challenges
The gender ruling is only six months from enforcement, and Catherine Barton asks whether telematics and its data capture can be a real solution.
NIG reports 103% combined ratio and £494m income in 2011
Annual results for NIG for 2011 have revealed that net earned premium revenue fell by £235.8m to £413.1m compared with 2010.