Insurer
Zurich appoints Ageas's Markham to newly-created broking role
Zurich has hired Joel Markham to the newly-created role of head of regional and national broker for personal lines.
Tesco Underwriting names ex-RSA boss Kingshott as CEO
Steve Kingshott has been appointed CEO of Tesco Underwriting, the partnership between Tesco Bank and Ageas UK.
QBE launches European real estate practice amid growth plans
QBE has established a dedicated European real estate practice as part of a concerted effort to grow its real estate portfolio in the UK market and across continental Europe.
Axa unveils loss adjuster panels for property claims
Axa has named four loss adjusters on two panels to deal with commercial property and household claims.
Thomas Miller buys majority stake in Osprey
Thomas Miller has acquired a majority shareholding in marine and aerospace insurer Osprey Holdings.
Europe: The year ahead for run-off business
Solvency II, the growing legacy market and expanding run-off activity are among the main challenges facing discontinued insurance business in Europe.
AIG appoints two independent directors in Singapore
US-headquartered insurance giant AIG has made its first independent director appointments to its Singapore board.
IAG scraps China expansion plan
Insurance Australia Group has changed its plans to expand its brand in China after shareholder concern.
RAC unveils telematics policy for young drivers
The RAC has launched a new telematics product aimed at younger drivers who are looking to reduce the cost of their insurance premiums.
Post magazine - 15 October 2015
The latest issue of Post magazine is now available for Post subscribers. Download the latest Post iOS app edition on the App Store or read the Post digital edition online.
You Gov research highlights lack of smartphone insurance
Despite the UK having the highest levels of smartphone ownership in the world, only around one fifth of users have insurance for their device, according to new research from You Gov and Assurant Solutions.
Chairman of Australian regulator linked with FCA top job
The chairman of the Australian regulator Greg Medcraft has reportedly been approached by the Financial Conduct Authority with a view to taking over as CEO of the UK watchdog.
Ageas and Virgin Money launch partnership
Ageas UK and Virgin Money have launched their home and motor strategic partnership that was announced in 2014.
Timmins leaves Das as COO role made redundant
Das chief operating officer Paul Timmins is to leave the company due to his role being made redundant, a spokesman has confirmed.
Insurance fraudsters operating cross-sector, research finds
Fraud data from other sectors can help insurers identify and tackle policy application and claims fraud, reducing the financial impact of insurance fraud on the industry and genuine customers, according to a new report from Cifas and Hill Dickinson,…
Capita bid of £412m recommended by Xchanging board
The board of Xchanging has recommended that shareholders accept a £412m bid for the company that has been lodged by Capita.
Legal Update: Time is money
Under the new Enterprise Bill, insurers could be hit hard if they don’t pay claims in time
Editor's comment: An opportunity to build trust
A lack of relationship with customers in the insurance market is often blamed on annual touch points, insurance being a grudge purchase and policyholders looking for the cheapest price they can get.
MP launches new Bill for psychiatric harm fairness
A new Private Members' Bill published this week calls for greater fairness for bereaved people and victims of psychiatric harm.
Serious injury guide potential precursor for future claimant and defendant engagement
The Association of Personal Injury Lawyers is hopeful partnering with insurers on its serious injury guide will pave the way for future positive collaboration between the historically opposing claimant and defendant sides of the industry.
RSA launches fleet app for SMEs
RSA has launched a smartphone app for SMEs with fleets of up to 15 vehicles aimed at helping them reduce their operating costs and to promote safer driving.
Cycle of hurt to continue for motor insurers despite raised rates
The cyclical nature of the UK motor market is set to continue, despite the industry recently witnessing the biggest spike in premiums for the past five years, insurers have been warned.
Aviva questions guidelines calling for 5% uptick in whiplash damages
Aviva has expressed disappointment at the Judicial College’s decision to advise in its 2015 guidance that the damages for lower value whiplash claims should rise by at least 5%.
Adaption and innovation key themes from Ferma 2015
Insurers and brokers must be more agile to keep up with the emerging risks facing their clients, such as the sharing economy, according to commentators at the Federation of European Risk Management Associations Forum 2015.