Insurer
In Series Competitive Edge: Geographic intelligence offers a competitive edge
How do you gain an advantage in a crowded market? Recent research by Ordnance Survey revealed that one-third of underwriters feel threatened by a growing number of competitors entering the sector.
In Series Competitive Edge: Size isn't everything in underwriting
In the cut-throat property market, the agility of smaller insurers can give them an edge over their larger rivals when underwriting.
Your say: uncovering dishonest drivers
It is no secret that a large quantity of drivers who have not recently claimed, and whose circumstances have not changed, are nonetheless paying increased insurance premiums.
Industry unveils older driver initiative as Direct Line follows LV's age limit stance
The decision by LV to scrap its age limit of 86 for new car insurance customers has struck a chord with industry bodies behind the launch of a new signposting model, yet market rivals appear largely unconvinced.
Police pay out, but insurers raise questions over BI cover and riot locations
Insurers are starting to receive payments from the police for losses incurred from last summer's riots, but one has called for improvement in the Riot (Damages) Act to cover business interruption losses.
Talks turn to Solvency II and IPO benefits as Project Noah claims wide support
The bosses behind the Project Noah flood solution believe proposals to establish a UK risk pool with £14bn of reinsurance capital could provide a crucial solvency boost for insurers with IPO ambitions.
Landmark asbestos ruling puts an end to EL 'black hole' concerns
Supreme Court judgment means run-off firms cannot avoid liability.
Case underlines compliance dangers for brokers selling 'package' products
A Jersey Royal Court judgment against the Channel Island's largest insurance broker, Giles-owned RA Rossborough, should act as a warning to insurers and brokers.
North of the border: presumption of death reforms
While Scotland has had a fairly clear procedure for dealing with the legal affairs of persons missing for longer than seven years since the Presumption of Death (Scotland) Act 1977, those south of the border have had to deal with "a legislative patchwork…
View from the top: equality without reform
Boards need competent individuals regardless of gender, rendering quotas irrelevant
Aggregator analysis: price comparison evolution reaches tipping point
With signs pointing to a soft market, questions abound about what will now drive a customer to use an aggregator to switch insurer.
View from the top: a riot to remember
As debates resurface about the response to last year's riots, the question of inadequate SME cover returns.
Broking SME: Battle stations in the fight for the little guy
Brokers are facing increased competition for SME customers, but they're not going down without a fight
Kidnapping now multi-billion dollar industry
Kidnaping for ransom has become a multi-billion dollar global phenomenon and is occurring more frequently in locations across the globe, according to a report by crisis assistance company, Red 24.
Structural change: interview with Chartis UK MD Nicolas Aubert
Chartis' restructure put London at the heart of the firm's European operations, and UK managing director Nicolas Aubert is convinced recent structural changes will produce only profit and improved performance.
Lloyd’s witnesses new wave of MGAs due to Solvency II and M&A activity
In recent months the industry has witnessed a renewed surge in the number of Lloyd's insurers teaming up with managing general agents to access new lines of business.
Editor's comment: Rewriting the Riot Act
I thought April had come early when I saw last week's headlines praising insurers for their handling of the riot claims for 2011.
Simply Business says no to MBO
Simply Business will not undergo a management buyout despite QBE taking over trading relations from Brit.
Chartis underscores £50m investment as UK profit drops 89% to £11m
Nicolas Aubert, UK managing director for Chartis Europe, has stressed the business is “well on the way to break even”, as the UK today revealed an underwriting loss of £51.7m (2010: £65.3m) and combined ratio of 103.6% (2010: 104.2%) for the year ending…
Insurecom recruits new tech chief
Brighton based software house Insurecom has recruited Neil Brooks, pictured, as chief technical officer and David Templeman as chief financial officer.
OFT demands Competition Commission review of private healthcare provision
The OFT has referred the market for privately funded healthcare services in the UK to the Competition Commission for investigation.
Broking bosses widely supportive of QBE swoop for Brit
New Oval chief executive Peter Blanc has expressed his “delight” after hearing the news that Brit’s UK regional business has been snapped up by QBE, rather than falling into the hands of a domestic rival.
Brit CEO insists it will retain stake in Simply Business despite UK arm sale
Brit has insisted it plans to keep its shareholding in online intermediary Simply Business despite selling its regional retail business.
Post magazine - 5 April 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.