Insurer
Gable ditches Numis as nominated advisor after eight months
European insurer Gable has appointed Zeus Capital as its nominated advisor and broker.
Aviva tipped to replace Axa Assistance as Homeserve underwriting partner
Homeserve is set to appoint Aviva as its underwriting partner in a move that will bring the home emergency services company's eight year relationship with Axa Assistance to an end, Post understands.
Insurers advised to prioritise Flood Re access as April inception looms
Insurers run the risk of losing out to faster-moving rivals if they do not prioritise being able to access the Flood Re scheme ahead of its April 2016 inception.
C-Suite - MGA: Facing up to more Greek tragedies
If the Greek debt crisis leads to the failure of the euro, the industry may face a new set of risks.
RSA claims Irish tribunal judgement is 'not supported by evidence'
RSA has confirmed its intention to appeal the decision of Ireland’s Employment Appeals Tribunal, which found in favour of former Irish CEO Philip Smith.
C-Suite - Insurer: Keeping everyone smiling
Innovation is key to giving the customers what they need, while also keeping regulators happy.
Ecclesiastical underlines credentials as Aviva launches church insurance joint venture
Faith insurer Ecclesiastical has reiterated its position as the “first choice for the Anglican community” following the launch of a joint venture between Aviva and Stackhouse Poland targeting Church of England parishes.
Thistle hires former Brightside CEO Williams
Former Brightside CEO Paul Williams is to become managing director of JLT-owned Thistle Insurance Services.
Post reveals consumer champions as Trust Insurance Taskforce
As part of its campaign to improve trust in the insurance industry Post has announced a taskforce of consumer champions, who will challenge insurers thoughts, beliefs and processes, and provide much need feedback and a realistic view of what customers…
Markel appoints new senior underwriter and head of professional indemnity
Markel International has appointed David Sawyer as senior underwriter and head of professional indemnity in its professional and financial risks division.
Every firm is a potential target as Ace completes second largest deal in insurance history
UK insurance companies have been warned that no firm is immune from purchase as companies feel the need to ‘eat each other’s lunch’ to solve organic growth challenges in what has been labelled a ‘mad’ consolidation environment.
Assurant launches same day handset replacement so customers can ‘reconnect’ within hours
Assurant Solutions customers whose mobile phones are lost or stolen will be able to get a replacement handset delivered the same day following the launch of same day delivery offer to UK bank clients.
FCA annual report reveals insolvent insurer and client money deficit
The Financial Conduct Authority has stopped 1300 small law firms renewing their professional indemnity cover with an insolvent insurer as well as correcting a £17m client money deficit in a medium-sized broker, according to its 2014/15 annual report.
Blog: Restrictive covenants or restricting growth?
The vexed topic of restrictive covenants has reared its ugly head of late, with an escalation of high profile team lifts and an increase in legal actions, as well as ‘other skulduggery' against past employees.
Former Endsleigh commercial head buys charity broker
Endsleigh’s former head of commercial Tim Larden has completed the purchase of Sheffield-based broker Ladbrook Insurance.
PI nuisance calls and texts among top complaints received by ICO
The Information Commissioner’s Office saw a 12% increase in complaints regarding nuisance calls and texts in 2014, the data protection watchdog’s annual report showed.
Drivers warned of new crash for cash tactic
Motorists have been warned about an aggressive new strain of the ‘crash for cash' scam that is increasingly being used by opportunistic criminals.
Axa issues travel policy guidance on Greece and Tunisia
Insurer Axa has agreed to double the cash limit on all travel products at point of claim for customers travelling to Greece or any Greek islands until 30th September 2015.
Hastings adds non-executive directors
Hastings Insurance Group has further strengthened its board with the addition of four new non-executive directors, including former Axa chairman Pierre Lefèvre.
Insurers warned to 'think the unthinkable' and prepare for Grexit
A decision by Greece to leave the Eurozone could have huge ramifications for insurers and their policyholders law firm CMS has warned.
Blog: Six reasons 2015 will be the biggest year yet for insurer M&A
I have to admit I am prone to the odd football analogy and the news yesterday that Ace is to acquire Chubb in a £18.1bn mega deal has certainly given me more scope to plough this furrow given that it happened on the day the transfer window opened (1 July…
ABI defends use of age as motor rating factor
The Association of British Insurers has defended the higher price paid by old and young drivers for their car insurance with the publication of new data showing the link between accident frequency, claims costs and age.
Chubb's $28.3bn price-tag leaves market insiders 'gobsmacked'
The $28.3bn (£18.1bn) fee Ace will pay to acquire Chubb has come as a major surprise to market commentators, who have questioned the rationale behind the purchase and its future market implications.
Acturis grows by over 20% for third consecutive year
Acturis posted a 25% increase in revenues to £36.9m for the year to September 2014.