Insurer
Penny speed meets ... Lorega chairman Malcolm Harvey
Being an insatiable socialite, Penny Black is always eager to probe the personalities behind the professional veneer of her industry friends. What better way to squeeze in and share as many intimate revelations as possible than her very own 'speed…
Market moves: Liberty and Garwyn lead the pack
Insurer Liberty Mutual and loss adjuster Garwyn were the main movers and shakers this week, with LMI officially opening its new office in Leeds and recruiting four new members of staff.
Contingent commissions: The reasons behind the latest u-turns
With Willis the latest broker to perform a u-turn on contingent commissions, how will the market react?
Your say: Death by data or real opportunity?
The insurance industry has struggled to exploit the true value of data, says Vince Chaney.
View from the top: Fixing fees to fight fraud
Success depends on simultaneous change in insurer culture and claims handling philosophy, says Karl Parr
Zurich pledges broker commitment as 15% of staff cut in PL shake-up
Zurich has moved to reassure its brokers following the news that it will cut almost 15% of its UK workforce and transfer a big chunk of its personal lines business into its own broker, Endsleigh.
Canopius makes play for Omega in bid to grow PE-backed Lloyd’s insurer
Canopius chairman Michael Watson has acted on ambitions to grow his private equity-backed Lloyd's insurer, with a £164m takeover of struggling Omega in a deal that sees a slice of the business sold to US insurer Tower Group.
Weightmans wins fraud and claims contract on MIB legal panel
Weightmans law firm has become the Motor Insurance Bureau's legal services supplier for core claims and fraud following a strategic review by the association.
Redomiciling: London calling as tax changes make the UK more attractive
Will a reduction in corporation tax and changes to the Controlled Foreign Companies regime make the UK a more attractive place to domicile?
Interview: Andrew Torrance - Playing the long game
With more than a decade at Allianz, and more than 20 years in the industry, chief executive Andrew Torrance reflects on the past and looks to the future.
Market divided as to favourability of current conditions for IPOs
Market players credited with an interest in launching initial public offerings inside the next two years have been warned against attempting to float amid unfavourable conditions, where value is at rock bottom.
Data-sharing portal thrown into limbo
The proposed claimant data-sharing portal has hit a standstill, as the Association of British Insurers demands solicitors give something in return for insurer-held information about fraud. The "ball", according to the ABI, is now firmly in the Motor…
Editor's comment: The lure of Lloyd's
London's bid to elevate its appeal and competitive edge for financial services businesses deciding on the best domicile may still be subject to speculation on likely success, but the lure of Lloyd's is undeniably as strong as ever to international…
Generali UK launches policy administration system
Assicurazioni Generali's UK branch has gone live with a new non-life policy administration system from Agencyport Software.
News International case a pattern of 'major governance failures'
The problems at News of the World highlighted by Tuesday's Culture Media and Sport Select Committee report are by no means confined to News International, according to Airmic, the association for risk managers.
iSaaS launches app to crack down on spurious whiplash claims
Cloud computing specialist iSaaS Technology has launched a biometric identification iPhone application for medical experts to help diminish fraudulent activity during the personal injury claims process.
Greening to urge drivers to fit black box
Transport Secretary Justine Greening will urge young drivers and women motorists to have telematics devices fitted in their cars at this afternoon's second motor insurance summit, according to the Daily Mail.
LV boss O'Roarke calls for fraud clamp-down talks at second summit
LV managing director John O'Roarke is demanding more stringent legislation designed to clamp down on "unscrupulous" drivers following a survey showing that almost two thirds of GPs have seen a rise in exaggerated injuries.
Post magazine - 3 May 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Clyde & Co promotes nine to partnership in Middle East and Asia
Insurance specialist Clyde & Co has promoted nine lawyers to partnership in the Middle East & Asia.
UKG new broker schemes premium grows 50%
UK General has boasted £300m in gross written premium with a £90m rise from new broker schemes.
Weather brings back 'sharp memories' of 2007 floods
Chartered loss adjuster Agrical said it is keeping a watching brief on the weather as the heavy rainfall in April has increased the number of flood and associated water run-off related claims it is receiving by a factor of three.
Marsh & McLennan revenue grows 6% in Q1
Marsh & McLennan Group outstripped analyst estimates to make consolidated revenue of $3.1 bn in the first quarter, a 6% increase on the first quarter of 2011.
Legal and insurance experts at loggerheads ahead of second summit
Legal and insurance leaders have once again clashed over the issue of whiplash ahead of the second motor insurance summit at Whitehall this afternoon.