Insurer
Axa starts with Blanc slate to help steer commercial business around
Brokers continue to experience a "lack of connectivity" with Axa Personal Lines, despite Commercial Lines getting a glowing report since Amanda Blanc joined to head up the business just over a year ago.
Omega international appeal soars following CNA £143m bid for Hardy
CNA acquiring Hardy could trigger a rush by international players to purchase Omega in a bid to access Lloyd's, analysts have predicted.
Market moves: Aviva shuffles its underwriting pack
Aviva was the major recruiter in the insurance industry this week, announcing a raft of changes to its underwriting team. The insurer promoted four staff to new positions while adding a further employee to the unit.
Penny speed meets ... Gary Humphreys, group underwriting director, Markerstudy
Being an insatiable socialite, Penny Black is always eager to probe the personalities behind the professional veneer of her industry friends.
Career development: BGL targets graduates
BGL Group has joined forces with a host of UK universities to promote insurance as a career for graduates. The initiative has targeted maths and statistics students for positions in pricing, product development and analysis.
Regulation response: Twin peaks - a return to the dark ages?
Nature does not favour creatures with two heads, probably because they spend most of their time arguing with themselves.
View from the top: FSA supervision strategy does not reflect risk of client detriment
As chairman of the Chartered Insurance Institute’s broking faculty, I recently had the pleasure of visiting the Financial Services Authority to hear about the impending changes to our regulatory world and it was a fascinating insight into what’s going on…
Claims Roundtable: How can insurers innovate to win the retention race?
In the toughest economic environment for years, companies have to prove they have a competitive edge when it comes to handling claims.
Environment: The importance of environmental impairment liability cover
With environmental legislation becoming ever more onerous and liabilities ever more costly, businesses are beginning to wake up to the importance of having environmental impairment liability cover.
Law report: Judge rules on consent order in Zenith-MIB PP dispute
This law report has been contributed by national law firm Berrymans Lace Mawer.
Insurers gear up for Finance Bill detail in hope of simplified CFC process
This week's publication of the long-awaited Finance Bill could provide the catalyst for overseas investment, while also serving to safeguard the status quo of UK-headquartered insurance companies.
Lloyd's Russia office plan put on hold
Plans by Lloyd's to open a representative office in Russia have been shelved owing to lack of funds, according to a senior Lloyd's advisor.
MoJ launches investigation into CMCs
According to the Financial Times, the Ministry of Justice has launched an investigation into claims management companies following a surge of invalid compensation claims filed on behalf of consumers allegedly mis-sold personal protection insurance.
Non-standard risks: looking for an alternative
With a large number of insurers wary of taking on non-standard personal lines risks, specialists are carving their own niche.
Editor's comment: Consolidation casualties coming?
The specifics of what went wrong at North West personal injury firm Donns - forcing it into administration at the cost of 42 jobs, while 2500 cases were still in progress - will remain the subject of speculation for some time.
Legal boss airs concern as first three ABSs are revealed
Spencers Solicitors director John Spencer has responded to the identity of the first three alternative business structures licensed by the Solicitors Regulation Authority by raising concerns over the impending referral fee ban.
Markerstudy sponsors Aon at the WTCC
Markerstudy Group has confirmed its sponsorship of team Aon in the 2012 FIA World Touring Car Championships.
NIG snatches Saif Insure underwriting contract from Axa
NIG has won the tender to underwrite the insurance for the Saif Insure scheme of London-based broker Lark.
Independent Group snaps up former Cunningham Lindsay man
The Independent Group has appointed ex-Cunningham Lindsey head of client management at Oriel Services Scott Robinson to lead the development of its building surveying and validation arm.
Lloyd's Solvency II July date will prevent FSA "application gaps"
Lloyd's has hit back at claims it is "struggling" to prepare its Solvency II internal model submission for the Financial Services Authority, stating the new July date ensures "no gaps in the applications".
Post magazine - 29 March 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Direct Line vows to improve amid soaring industry complaints
Direct Line Group has promised to build on the momentum it created in cutting customer complaints by 16% in the second half of 2011, despite FSA figures showing a 49% rise in the number of general insurance grievances.
NFU Mutual boss 'cleared the decks' to achieve 2011 success
NFU Mutual boss Lindsay Sinclair has labelled 2011 as "the year of cleaning the ship" after scrapping unprofitable non-farming motor business where loss ratios ran as high as 120%.
Vericlaim raids Garwyn to make senior appointment
Nick Patterson, previously commercial director at the Garwyn Group, has joined the senior management team at VRS Vericlaim.