Insurer
Ablett outlines WCI modernisation goals
The newly installed master of the Worshipful Company of Insurers Tim Ablett has vowed to attract younger members and improve the WCI’s communications.
Direct Line boss backs tough stance on dangerous drivers
Direct Line’s director of motor underwriting has praised a tough new government stance on dangerous drivers which could see offenders who “devastate lives” jailed for up to five years.
Keoghs calls for law reform on fraudulent claims
Law firm Keoghs, which helped LV= secure a conviction against a personal injury fraudster, has called for legislative reform to deter criminals seeking damages.
Police chief to head insurance fraud unit
A senior City of London Police detective has been appointed to lead the specialist insurance fraud police unit.
Besso appoints Hulse as specialist non-executive director
As part of its growth strategy Besso Insurance Group, the independent Lloyd’s broker, has appointed Tony Hulse as non-executive director.
Aviva unveils new personal lines and commercial underwriting heads
Aviva has bolstered its underwriting, pricing and products team with four new senior appointments.
Thatcham embraces new technology to drive down claims
Thatcham bosses have vowed to clamp down on rising motor insurance claims costs by embarking on pioneering research into the advantages of emerging technology such as Autonomous Emergency Braking systems.
Court approves Quinn sale to Liberty and AIB
The High Court has approved the sale of Quinn Insurance to a joint venture of US insurer Liberty Mutual and Anglo Irish Bank, according to the Irish Times.
Court approves Quinn sale to Liberty and AIB
The High Court has approved the sale of Quinn Insurance to a joint venture of US insurer Liberty Mutual and Anglo Irish Bank, according to the Irish Times.
Aviva jobs hang in the balance
Aviva has refused to comment on speculation that it will axe 1000 jobs in Ireland.
80mph motorway speed limit to raise premiums
The proposed increased speed limit on motorways could lead to more deaths and injuries and inevitably higher premiums.
Lorica appoints sales director
Nick Ellson will be joining Lorica Insurance Brokers as branch sales director in Birmingham on 3 January 2012.
Axis appoints international business manager from Willis
Axis Global Accident & Health, a division of Axis Capital Holdings has appointed Jamie Cañellas as senior vice president and business development manager for its International operations.
European insurance guarantee schemes should be part of EU-wide body
The European Union should fund closer cooperation between insurance guarantee schemes in all EU countries, the European Insurance and Occupational Pensions Authority has said.
Solvency II announcement negative for some firms
George Crooks of Wolters Kluwer Financial Services, has commented on the Financial Services Authority revised deadline for Solvency II to 2014.
Legal profession fears “Tesco law”
The new rules that allow non-lawyers to invest in and own legal businesses for the first time have come into force today – but have not been welcomed by everyone.
Swiss Re corporate aims for top 10 commercial position
Swiss Re’s new dedicated commercial arm is aiming to be a top 10 player for brokers in the corporate market.
Axa names new recruit
Axa Personal Lines has appointed Mike Worne as an independent partner development executive.
Vienna Group announces managing board changes
The supervisory board of the Vienna Insurance Group has appointed Hana Machačová deputy CEO of Kooperativa Pojišťovna, to the board at a meeting convened by group CEO Günter Geyer.
Esure hires banker to prepare for IPO
Esure, the motor insurer set up by insurance entrepreneur Peter Wood, has refused to comment on speculation that it has hired Deutsche Bank and JP Morgan to prepare the company for floatation.
“Landmark day” for legal industry
New rules that allow non-lawyers to be able to invest in and own legal businesses for the first time have come into force today.
Ageas secures Vauxhall and Chevrolet deal
Ageas is to provide UK Vauxhall and Chevrolet customers with branded motor insurance under a five-year deal.
Richard Davies wins Special Achievement Award
Richard Davies scooped the IFB Special Achievement Award last night at Post’s Insurance Fraud Awards 2011.
Run-off liabilities fall, but more slowly
KPMG’s annual run-off survey of UK non-life insurance, has shown that liabilities have reduced again in 2010 but at a slower pace than in the past.