Insurer
Xchanging hires IT expert Mark Sutton
Xchanging has appointed former IT leader at the London Metal Exchange Mark Sutton as technology account director within the firm’s insurance sector.
Bennetts urges bikers to sign petition calling for driving test change
Bike insurance specialist Bennetts are hoping to secure 100 000 signatures toward a petition which bosses at the firm hope will persuade the government to include bike-related questions in the UK driving test.
Economic, regulatory and talent issues holding back growth for insurance CEOs
Over two thirds (70%) of insurance CEOs are planning on changing their strategy over the next 12 months as they try to see past the current difficult economic and regulatory backdrop, according to PwC.
Equestrian specialist Shearwater signs up to Broker Network
Shearwater Insurance has become the latest firm to sign up as member of Broker Network.
Inter Resolve boss points to mediation as answer to legal cost cutting
Mediation is the key component in the battle to bring down legal costs in personal injury claims.
Business continuity plans can save companies, Biba research reveals
New research from the British Insurance Brokers’ Association and the Cabinet Office has revealed business continuity plans are likely to stop companies from failing after a major disruption such as a flood or fire.
Direct Line boss praises PM motor premiums meeting
Direct Line chief executive Paul Geddes hailed last night’s meeting with Prime Minister David Cameron as a “step in the right direction”.
New year European windstorm damage estimated at €267m
Perils has today disclosed an initial loss estimate for windstorm Andrea, which occurred in Western Europe from 4-5 January 2012, of €267m.
PM and insurers unveil six point plan after motor premium summit
The Prime Minister has committed to tackling the compensation culture, reducing legal costs and cutting health and safety red tape.
Axa’s Evans says David Cameron meeting ‘a great day for motorists’
Axa UK boss Paul Evan has described the insurers’ meeting with Prime Minister David Cameron as “a great day for motorists”.
Bearing Point hires former Ernst & Young consultant for insurance head role
Business consulting firm Bearing Point has appointed former Ernst & Young consultant Christopher Ling to head of insurance in the UK.
Law firm accuses PM motor premium war of limiting access to justice
Spencers Solicitors fears the Prime Minister's approach to tackling the rising cost of motor insurance will "chip away at the public's right to justice under the law".
Seán Quinn accused of contempt of court
The Irish Bank Resolution Corporation, formerly Anglo Irish Bank, has filed contempt of court proceedings against former Quinn Insurance boss Seán Quinn, his son Seán Quinn jnr, and his nephew Peter Darragh Quinn.
Young Marmalade answers young driver premium problem
Specialist young driver insurer Young Marmalade has shown its scheme can reduce premiums for young drivers.
ABI to highlight insurer cost pressures at PM meeting
The Association of British Insurers has welcomed the chance to tell Prime Minister David Cameron "the unacceptable cost pressures" insurers face at the Downing Street meeting this evening.
Quinn could face jail time over contempt of court charges
Contempt of court proceedings have been started against Sean Quinn, former owner of Irish insurer Quinn.
Barrere leaves Swinton director role
Former MMA Holdings UK joint chief executive Bernard Barrere has seen his appointment as director at Swinton terminated, according to Companies House filings.
Trygg-Hansa and Codan appoint COO from Alka
Trygg-Hansa and Codan, RSA's Scandinavian businesses, have appointed Niels Mortensen as their chief operating officer.
Axa to increase underinsured SME BI cover for free
Axa Commercial Lines is offering its combined policy product customers a premium waiver to help underinsured small and medium enterprises get back on their feet.
Indian insurance industry to go electronic in 2013
India's insurance sector could move into a paperless system next year, as the Insurance Regulatory and Development Authority has confirmed it is currently choosing data repositories.
MMA boss Barrere departs double director role
Bernard Barrere's tenure as a director of two of MMA Holdings UK's insurance businesses has come to end, according to reports filed at Companies House.
FATCA a significant operational challenge for European insurers
The proposed US Foreign Account Tax Compliance Act, published on 8 February, still remains a significant operational challenge for insurers, according to Ernst & Young.
Lloyd's takes $2.2bn hit for Thai floods
Lloyd's of London estimates its net claims from the flooding in Thailand last year to be $2.2bn.