Insurer
ABI urges MOJ to regulate MROs in Medco review
The Association of British Insurers is calling for the regulation of medical reporting agencies in its submission to the Ministry of Justice review of the operation of Medco.
Penny Black's Insurance Week - 10 September 2015
With the Rugby World Cup soon upon us, egg chasing was very much at the top of the discussion during the breaks at the recent Claims Club meeting.
Church Insurance: Steeple chasing
There is a new entrant into the church insurance sector, targeting Ecclesiatical’s 95% share of the market. What will this mean for the country’s 16,000 Anglican churches?
Legal Update: Who’s to blame?
Supreme Court to rule on intentional torts in vicarious liability cases.
Dognapping: Dog gone
Dognapping is a cruel crime that is on the rise. But are pet insurers doing enough to help owners? And should they be taking a more active role in providing specific cover against theft rather than focusing primarily on vets’ bills?
MIB targeting young drivers as uninsured driving increases
The Motor Insurers' Bureau has launched its first national awareness campaign in three years due to an increase in the number of uninsured drivers on UK roads.
Trust In Insurance: Blog: Trick or treat?
Insurers need to work harder to explain the intricate workings of the industry to customers.
Axa study calculates £34bn of savings from driverless HGVs
The development of automated haulage and logistics vehicles could save the haulage industry almost £34bn, according to a study undertaken by Axa UK.
C-Suite - MGA: A viable alternative
Collaboration opportunities could lead to the richest of rewards.
C-Suite - Insurer: Innovation in insurance
Contrary to a commonly held view, the insurance industry is making great strides.
14 million UK motor policyholders tipped to switch provider per year
Up to 320 million motor insurance policies could be up for grabs across Europe by 2020, according to research by Deloitte, as an increased willingness to switch provider takes hold across the continent.
Decline in car sales to hurt premium growth in Malaysia, says MII
The Malaysian Insurance Institute is warning that premium growth in Malaysia will slow over the next few years as the appetite for new cars declines.
Generali appoints Spence as head of Asia M&A
Generali Asia has appointed John Spence as regional head of mergers and acquisitions and strategy.
UK flood risk map incorporates groundwater data
Flood risk consultancy Ambiental has added groundwater data to its UK map, claiming it improves the way insurers assess flood risk at the individual address/building level.
Blog: The accountability clock is ticking
New rules designed to hold senior managers of insurance firms to account are due to come into force next year.
Tianjin explosions could cost up to $3.3bn
The Tianjin explosions have caused potential losses estimated to range from $1.6bn to $3.3bn (£1bn to £2.2bn), according to Guy Carpenter, with the firm adding the Chinese port blasts are "set to become one of Asia's largest manmade loss events."
Hiscox names Eva Berg-Winters as head of UK claims
Hiscox has appointed strategy consultants OC&C’s associate partner Eva Berg-Winters as head of UK claims.
Quindell exploring name change as Rose takes aim at ex-CEO Terry
Former Quindell CEO and chairman Rob Terry has come under fire from non-executive chairman Richard Rose, who has revealed the troubled outsourcer will change its name later this year.
Markerstudy acquires Birmingham broker Lionheart
Markerstudy has gained approval from the Financial Conduct Authority to acquire Birmingham-based Lionheart Insurance.
Insurers remain at odds with Apil over whiplash figures despite talk of collaboration
Insurers have welcomed calls by the president of the Association of Personal Injury Lawyers for greater collaboration, but have roundly rejected his argument that whiplash claims are on a downward trajectory.
Co-op's GI business incurs £17m loss due to costs of IBM deal
The costs associated with the £55m deal with IBM to build an integrated insurance platform were behind Co-op general insurance's £17m operating loss in the first half of 2015.
Zurich's global GI CEO Kerner to step down
Mike Kerner, Zurich's global CEO of general insurance, is leaving the business at the end of 2015 citing personal reasons.
Claims Club: FCA considering 'best practice' plea from insurers on SME cases
A senior regulator has conceded that in order for the Financial Conduct Authority to differentiate itself from its predecessor it might need to listen to insurance companies' pleas to issue ‘best advice’ on dealing with SME claims.