Insurer
DLG reports 4.1% growth in motor
Direct Line Group has seen an increase in gross written premium and motor for the first nine months of 2015, according to an interim management statement released today (3 November).
Nexassure teams up with Hannover Re for Asia MGA
Nexassure has launched an extended warranty managing general agent using Hannover Re paper from Malaysia.
Diversity on the agenda as industry welcomes succession planning scrutiny
Clearer guidance on succession planning for boards is needed across the insurance industry, with analysts and industry players agreeing the Financial Reporting Council’s discussion paper on the issue is a timely step.
Claims service and innovation key for HNW firms in over-crowded market
High-net-worth insurers must prioritise claims service levels and product innovation if they are to maintain a foothold in an increasingly over-populated market, according to broking and claims experts.
Fraudster put on IFR after stolen iPad claim
RSA has placed a former policyholder on the Insurance Fraud Register after they submitted a fraudulent claim for an iPad Air that was discovered to have been stolen from a Birmingham special needs school.
Deal finalised as Integro acquired by private equity investor
A deal to acquire international insurance brokerage and risk management firm Integro by an Odyssey Investment Partners affiliate was completed today (November 2).
Esure appoints RSA's Hughes to claims role
Esure has appointed former RSA commercial claims director Graham Hughes as its head of claims.
Changes on board for Tokio Marine Kiln group
Tokio Marine Kiln will merge the board leadership at two of their businesses with changes to come into effect from 1 January next year.
ABI calls for FCA to regulate claims management sector
The Association of British Insurers has called for the Financial Conduct Authority to be appointed as the regulatory body responsible for claims management companies as "the current system is failing to provide enough of a deterrent to rogue firms".
Customers most likely to pick and choose on insurance
Insurance products have topped the list when it comes to consumers shopping around; beating mortgages, phone contracts and energy suppliers according to an ABI survey.
London heads to Dubai for inaugural Islamic Insurance conference
The Islamic Insurance Association of London (IIAL) will hold its first conference with the Islamic insurance and risk community in Dubai next Sunday (8 November) to see how the sector can move to the next level.
Almost a quarter of CMCs warned or lost accreditation in 2014
The Association of British Insurers has calculated that 23% of claims management companies either lost their accreditation or were formally warned about unscrupulous practices last year, according to the incoming president of the Forum of Insurance…
High Court dismissal of Stoke City assault case 'good news' for insurers
A High Court judge’s decision to dismiss allegations relating to a historical assault case involving former Stoke City Football Club goalkeeper Peter Fox and apprentices at the club should be welcomed by insurers, according to law firm Hill Dickinson.
Tax costs could rise for UK insurers after European Commission cancels review
An ongoing review abandoned by the European Commission on Wednesday (28 October) could increase the tax burden for UK insurers.
Ex-DLG and Flood Re boss Woolgrove moves to ‘challenger’ bank
Former Direct Line Group personal lines managing director Tom Woolgrove has taken on an interim role as deputy CEO for Oak North Bank, an SME-focused challenger to established high street brands.
Home insurance premiums fall in year-on-year ABI statistics
The annual cost of a combined building and contents policy has fallen, with the average £290 figure down compared to this time last year but up slightly on the previous quarter, according to Association of British Insurers data.
Aviva CEO Wilson blasts ‘scandal' of data buying industry
Aviva group CEO Mark Wilson says his staff are regularly approached by claims management companies looking to buy data from them.
London company market premium totals almost £23bn in 2014
The London company market chalked up an overall premium total of £22.943bn last year, a report by the International Underwriting Association has shown.
Quiz of the week - 30 October 2015
Test your knowledge of the week's insurance news, with the Post insurance quiz on the week.
State of the Insurer Nation Blog: Working in unison to combat insurance risks
Government and insurers need to cooperate against cyber crime as they already do against traditional risks.
Tokio Marine and PICC agree to offer IP protection for Chinese companies
Tokio Marine Kiln has agreed with Chinese giant PICC to provide intellectual property infringement liability insurance to Chinese companies.
CII's 2016 New Generation Group launches
The Chartered Insurance Institute's New Generation Group, class of 2016, met for the first time at a launch event held in London on 23 October.
Wilson hails UK organic growth dismissing likelihood of ‘jumbo' deals
Aviva group CEO Mark Wilson said the insurer will consider "build-out" acquisitions that complement its distribution model but is not considering any "jumbo" deals.
Blog: Lay executors of wills unaware of liability risks
Increasingly people are being asked to take on the role of executor following the death of a friend or relative. In the past, it was common practice to name a solicitor or bank in a will as the main executor. But a Censuswide survey shows 75% of people…