Insurer
Go Compare and Wunelli set to develop telematics aggregator
Go Compare has confirmed that it is looking at developing a telematics comparison service with Wunelli.
Travelers launches new PI products
Travelers has launched a new professional indemnity product offering aimed at the publishing and general media sectors.
Towergate hires ex-Paymentshield director
Towergate Insurance has appointed Neil Galjaard to the role of group change director.
Oval underwriting chief joins fellow ex-employees at BLG
Independent broker Building Land Guarantees has appointed former Oval latent defects underwriting boss Jon Cox as associate director.
PPI complaints soar
The Financial Ombudsman Service latest figures show that Payment Protection Insurance complaints for the final three months of last year reached 30 301.
Hyperion boss eyes market opportunities following year of growth
Hyperion is in prime position to target acquisitions and consider a stock market flotation after announcing organic growth of 18% last year.
UK General signs capacity deal with Ansvar
UK General has signed a new distribution deal with Ansvar.
Guernsey still top European domicile with 50% captive rise
The number of insurance licenses issued in Guernsey last year rose more than 50% compared to the previous 12 months.
Minister backs telematics in fight for lower premiums
It is hoped that a combination of telematics technology and changes instigated by the Driving Standards Agency to make the theory test harder to pass will lead to lower premiums for new drivers.
More proactive risk management is needed survey finds
While global companies are intensifying their focus on enterprise-wide risk management, most corporate leaders believe their companies have a long way to go in building an effective, risk-aware culture.
Many countries still vastly underinsured against earthquake
Seismic events caused economic losses of over $276bn in 2010-2011, yet earthquake-prone countries remain underinsured, according to a Swiss Re report.
Catvest launches energy risk model
Catvest Petroleum Services, the specialist risk modelling, quantification and structuring firm for the energy and chemical sectors has launched its energy risk model and industry loss index.
Portugal, Spain and Turkey lead the way in European banassurance
Banks are most important distributors of insurance in Portugal, Spain and Turkey, according to recent research.
Fitch launches Indonesian portal
Fitch Ratings has launched a website specifically for Indonesia.
Catvest launches energy risk model
Recently founded specialist risk modelling firm Catvest Petroleum Services has launched an energy risk model and industry loss index.
Swiss Re warns quakes remain underinsured
Swiss Re has described the cumulative effects of earthquakes over the past two years as “overwhelming” but says the world’s worst affected areas remain underinsured.
IBRC bankrupts Sean Quinn in Ireland
The Irish Bank Resolution Corporation has had Sean Quinn, pictured, declared bankrupt in Ireland after successfully overturning his previous bankruptcy in Northern Ireland.
Cunningham Lindsey COO axed following structure review
Cunningham Lindsey said that it will not be replacing the role of chief operating officer.
Colosso speaks out following Gallagher exit
Adrian Colosso has told Post he is keen to return to the market once he has completed his 16-month stint on gardening leave from Gallagher Heath.
Solicitors reminded of responsibilities in PPI cases
Solicitors have been reminded of their responsibilities by the Solicitors Regulation Authority when canvassing for clients that want help with claiming for mis-sold payment protection insurance.
Quinn declared bankrupt in Ireland
Quinn Group founder Sean Quinn has been declared bankrupt by the courts in Dublin today.
Profits still elusive in growing Indian insurance market
Further growth is anticipated for India’s insurance market but achieving profitability remains a struggle for many insurers, according to a recent AM Best report.
Former Power Place boss joins Perkins Slade
Perkins Slade has appointed former Power Place and Towergate boss Darren Rowe to the position of managing director corporate.
Generali says Costa Concordia impact marginal
Assicurazioni Generali has confirmed to Insurance Insight that it is one of the insurers for the Costa Concordia cruise ship.