Insurer
Mitsui Sumitomo to hit accident market
Mitsui Sumitomo at Lloyd’s has appointed Steve Ranzetta as class underwriter to target the UK and international accident & health market.
Catastrophes could halve QBE profits
QBE has warned its profit margin could be cut in half by catastrophe claims.
Industry responds to cost of motor insurance follow up report
The industry has delivered mixed responses to the Transport Committee's follow up to the cost of motor insurance report.
Further committee recommended in cost of motor insurance follow up report
MPs have called on the government to establish a cross-departmental ministerial committee on reducing the cost of motor insurance and publish a plan to address each aspect of the problem.
Penny Black’s insurance week
Penny couldn’t help but feel sorry for Eddie Edwards, construction underwriter at Chubb Managing Agent, who has been on the personal end of a metal theft claim.
Editor's comment: Battle of the brands
From scrap yards to scrap heaps. Last week, the industry was getting agitated about the soaring problem of metal theft, while this week it’s more a sad tale of two well-known insurance names finding themselves destined only for the brand graveyard.
EC gender directive guidelines a ‘disappointment’
The European Commission’s guidelines for applying the soon-to-be-implemented gender directive have added clarity but have been labelled a “disappointment”.
Breast implant scare could leave insurers facing multi-million-pound-bill
A £400m bill could land at the door of clinics and their insurers in the fallout of the banning of Poly Implant Prothese breast implants.
Growth in green energy prompts Rural to enter market
Specialist agricultural insurer Rural, part of UKGI, is the latest business to launch a suite of green insurance products to meet the growing demand for cover from farmers investing in renewable energy schemes.
Insurers welcome compensation reform as legal firms blast government policy
Major UK insurers have responded to David Cameron’s vow to “kill off” the UK compensation culture by welcoming a reduction of health and safety red tape, while demanding safeguards to maintain safe workplaces.
View from the top: Fighting fraud
Insurers and intermediaries must act now to beat the rise in personal lines fraud, says Will price, BGL.
View from the top: Time for radical action on motor
Moving to a first-party system would fix many inherent problems and directly tackle inflated costs, says Andrew Torrance, Allianz Insurance.
Ask the expert
I plan to resign soon as, although I like the company I work for, I dislike my line manager. Is it wise to use my exit interview to make others aware of their poor management style or will that affect my references and my new job?
Market moves: New faces in the broker space
This week saw a flurry of moves in the broking sector, with both Lorica and Alan & Thomas brining in several new faces.
Roundtable - Analytics: the true value of quality data
As investment in analytics increases, Post gathered a group of experts to debate the rise in the use of data in all areas of the insurance industry.
Penny speed meets... Duncan Anderson, global P&C pricing & product management leader, Towers Watson
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…
Claims v underwriting: Bridging the divide
While sharing the same goals, claims and underwriting are often disparate divisions. What can be done to help unify these two departments?
Pleural plaques: The definition of harm
It is now possible to seek compensation for pleural plaques in both Scotland and Northern Ireland, but not in England and Wales. How will this impact the insurance industry?
Bartlett & Company becomes Lloyd's broker
Bartlett & Company has today announced its new position as a registered Lloyd’s broker.
Post magazine – 12 January 2012
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
RBSI appoints former British Gas rebranding guru
Rick Vlemmiks is set to join RBS Insurance as chief marketing officer, UK & International.
Aspen Risk Management gains chartered insurers status
Aspen Risk Management has been awarded corporate chartered insurers status by the Chartered Insurance Institute.
Omega goes quiet on sale talks
Lloyd’s insurer Omega is refusing to comment on speculation that sale plans are on the backburner.
Names protest group calls for Lloyd's meeting over Equity censure
A Names protest group that was burdened with losses from Equity Syndicate’s 2007 account is seeking a meeting with the Lloyd’s Enforcement Board to discuss the findings of its investigation.