Insurer
Crane to succeed Bunker as LV Broker MD
LV Broker has appointed commercial director Mike Crane as interim deputy managing director ahead of taking over as managing director in early 2016 when current MD Phil Bunker will move into an advisory role at the insurer.
Ex-Xchanging boss Bermingham to lead Advent Insurance Managament
Insurance consulting and outsourcer Advent Solutions Management has hired former Xchanging executive director Paul Bermingham to lead its delegated authority underwriting venture Advent Insurance Management.
ABI finds 350 instances of insurance fraud per day
Figures from the Association of British Insurers have shown that insurance fraudsters commit 350 acts a day, totalling £3.6m in value.
Motor insurance premiums on the rise, according to Confused survey
Comprehensive car insurance premiums have started to rise during the second quarter of 2015, with motorists now paying £21 more than they were this time last year, according to the latest Confused Car Insurance Price Index in association with Towers…
Axa blocks Southampton fraud gang
A series of organised, contrived motor collisions valued at more than £140,000 has been blocked by a combined underwriting and claims anti-fraud operation conducted by Axa Commercial Lines and Personal Intermediary.
Hong Kong aims for Provisional Insurance Authority by end of 2015
The Hong Kong government has announced there will be three key stages for the introduction of the Independent Insurance Authority over the next two years.
Ifed investigates fake whiplash claims
An ongoing investigation into what is believed to be a large-scale referral fee fraud targeting solicitors saw nine people interviewed nationwide this week.
PRA sets December deadline for final decision on SII models
The Prudential Regulation Authority is to make final decisions about firms' internal Solvency II models in December, according to its insurance supervision executive director Sam Woods.
Insurance quiz of the week - 10 July 2015
Insurance swat or could do better?
Europe: The Terrorism Threat
Recent events in France, Kuwait and Tunisia clearly illustrate the evolving nature of the terror threat and its potential to affect people and businesses in unexpected ways.
Catherine Barton given Bupa UK role
Bupa UK has appointed Catherine Barton as finance and commercial director.
Insurers upping IT spend to unlock digital potential claims CSC boss
Insurance companies are starting to “unlock” their inner digital insurer according to CSC’s insurance boss.
Shock IPT raise - more reaction
The insurance sector is still reeling after George Osborne's Budget announcement to raise insurance premium tax by more than 50% from 6% to 9.5%.
Ex-Axa boss Maso joins Covéa as advisor to CEO Derez
Former Axa UK CEO Philippe Maso has joined Covéa as advisor to group chairman and CEO Thierry Derez.
Post magazine – 9 July
The latest issue of Post Magazine is now available for Post subscribers. Download the latest Post iOS or Android App Edition on the App Store or Google Play respectively or read the Post Digital Edition online.
BIA 2015: Inga Beale wins Insurance Personality of the Year
Lloyd’s CEO Inga Beale was tonight crowned Insurance Personality of the Year at the British Insurance Awards.
BIA 2015: David Hertzell wins Achievement Award
Former Law Commissioner David Hertzell was awarded the prestigious Achievement Award at tonight’s British Insurance Awards.
British Insurance Awards 2015: The winners
AIG, LV and Wilby were among the big winners at the British Insurance Awards – collecting two gongs apiece.