Insurer
Cyber liability: Getting hacked off
Back in 1983, when Hollywood produced a film about a young boy inadvertently hacking into military systems, the possibility of such an occurrence seemed the stuff of fantasy and doom-mongers.
Fraud occupancy: Occupational hazard
With a decrease in the number of mortgages being approved by lenders, insurers must be alive to a potential rise in occupancy fraud by those looking to buy-to-let.
Risk modelling - Riots: Out of control
The recent riots across England emphasised the destruction such uprisings can inflict. But why do riots start and can their triggers be predicted and planned for?
Climate change: A changing environment
With insurers rushing to provide environmental cover, how are they performing themselves in the climate change stakes?
In series: Lloyd's & London Market: Staying number one
Tightening regulation and a less advantageous tax regime are making it tough for Lloyd’s to retain its pre-eminence, but is protectionism the greater threat?
MIB pledges support to police in uninsured drivers sting
Motor Insurance Bureau bosses have praised a Metropolitan Police operation designed to clamp down on uninsured drivers by seizing hundreds of cars in the capital.
Post magazine – 20 October 2011
This week the Post team reports on the reason behind Imperial Consultants’ Ian Hogarth’s move to LAS Claims Management.
Aviva to merge Irish and UK operations
Aviva is to scrap its separate company in the Republic of Ireland and merge its operation with the UK, cutting up to 950 jobs over two years.
Jefferies lowers 2011 EPS
Jefferies Equity Research is lowering the 2011 earnings per share (EPS) estimate of Sampo by 17% to reflect the equity impairments of Swedish bank Nordea.
Insurance 2 Go sets £2m turnover target
Online mobile phone insurance specialists Insurance 2 Go plans to make a £2m turnover next year and expand into Europe in the first quarter.
MA Assist launches new claims case management system
Insurance claims and building repair specialist, MA Assist, is set to launch a new claims case management system as part of its plans for future innovation and growth.
Hogarth’s Imperial exit sparked by ‘difference of opinion’ - Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including the reason behind Imperial Consultants’ Ian Hogarth’s move to LAS Claims Management.
85% of consumers happy to buy home insurance online
According to a survey by independent financial research company Defaqto, 85% of consumers are comfortable with researching and buying home insurance online without professional advice.
Aviva merges Irish and UK operations
Aviva is to scrap its separate company in the Republic of Ireland and merge its operation with the UK, cutting as many 950 jobs over two years.
R&Q buys Takaful run-off firm Principle
Run-off specialist Randall & Quilter is to buy Principle Insurance, the UK Takaful motor insurer put into run-off in October 2009, for £4.275m.
Direct Line leads calls for ban on dangerous motorists
Bosses at Direct Line are calling for “out-of-control” drivers to be banned from the road following a study showing that 43% of UK drivers with 12 points or more have not been disqualified.
Amlin recruits former Chubb underwriter
Amlin has appointed Joanne McWhirter as class underwriter to its London cargo team.
PPI complaints drop by 38%
The Financial Ombudsman’s latest quarterly complaints data shows that the number of complaints referred to it by consumers are up by 24% over the last quarter (excluding PPI).
Towergate Broking MD resigns
Towergate has confirmed that David Partington has resigned from the broking division.
Three set to submit second round bids for IL&P
At least three groups will submit second-round bids for Irish Life & Permanent's life insurance business, according to reports in The Irish Independent.
Average strength of companies deteriorates in Europe
Trade credit insurer Coface has reduced its 2011 forecasts for much of Europe following a deterioration of the average strength of companies.
ABI warns over government planning reforms
The Association of British Insurers has warned that government plans to reform the planning process must not lead to unwise developments being built in flood risk areas making flood insurance more expensive or even unobtainable.
Claims costs force UK P&I premiums up
The directors of the UK P&I Club have agreed to increase the premium rating of all members by 3% from 20th February 2012.
Car premiums fall as home insurance rises
Car premiums are falling while home insurance is on the rise, according to AA British Insurance Premium Index.