Insurer
Covéa to decide on Sterling Insurance brand by end of Q3
Covéa will make a decision about whether to keep the Sterling name later in the year after it has consulted with brokers, its CEO has said.
Gable in talks to create UK motor underwriting operation
Gable Insurance is in discussions with former Service Insurance Company director Beverley Shreeve about creating an underwriting operation for UK motor under the Gable brand, Post understands.
Disaster Response Forum 2015 – speaker: Arun Padannakkot
Arun manages household claims for Allianz UK. He has 15 years of experience in the insurance industry, including P&C Insurance and Health Insurance.
Penny Black’s Insurance Week - 4 June 2015
Penny is rather partial to a bit of fine dining - particularly when it's taking place in Europe's highest garden space - so she jumped at the chance to lunch with some of Crawford & Co's finest at Fenchurch Street's Sky Garden.
FCA reconsiders claims ratios for add-on products following industry backlash
The Financial Conduct Authority has backed down from its intention to require general insurers to publish claims ratio information for add-on products and plans to publish a discussion paper addressing alternative options in “the coming weeks”.
Career development: Recognition for Chaucer's graduate scheme
Chaucer, the specialist Lloyd's insurance group, has been chosen as the ‘top company for graduates to work for in accountancy and insurance', for companies that take on less than 30 graduates a year, by The Job Crowd, a UK-based graduate job review…
Career development: Autonet's class of 2015 complete traineeship
On 21 May, Autonet Insurance's Traineeship programme for 11 successful candidates was marked by a celebratory lunch held at its head office in Nile Street, Burslem.
Career file - Stuart Davies: Davies takes Canopius CEO position
Stuart Davies has resigned from his position as managing director of Aegis London and will take up the position of group CEO at Canopius. Davies had been with the company for a decade.
CII claims group calls for flood certificate prototype by 2016
The Chartered Insurance Institute new generation claims group has set a deadline of 2016 for the creation of a flood resilience certificate for household properties.
Market Moves - 4 June 2015
Who has moved where in the world of insurance this week?
Shipping Containers: shipping forecast
The practice of insuring port terminals and shipping containers can bring unique risks and challenges.
Legal Update: Time to get organised
The Insurance Fraud Taskforce must work with the industry to educate customers, claims Peter Allchorne
Motor Repair Research: Crash test monies
Thatcham provides an invaluable service for motor insurers. But who exactly is paying for it and, more to the point, who isn’t?
BP Marsh increases profit to £4.9m for 2014
Niche venture capital provider BP Marsh & Partners posted profit after tax of £4.9m for the year to 31 January 2015, its audited financial results showed.
Aon Risk Services research finds SMEs ignoring internal risks
Small business leaders in the UK are more concerned with the impact of market and political risks than internal ones, according to new research from Aon Risk Solutions.
Hiscox CEO Masojada takes on NED role at Pool Re
Pool Re has appointed Hiscox CEO Bronek Masojada as non-executive director for the government-backed terrorism scheme.
Due diligence failings revealed by FCA’s delegated authority review
Many insurers and intermediaries are not adequately considering their regulatory obligations under delegated authority arrangements, according to the Financial Conduct Authority.
C-Suite: Asia remains engine of global growth
Euler Hermes expects the Asia-Pacific region to drive global growth in 2015 although a slowdown in payments in China is a concern.
Australia's insurers swamped by 160,000 claims from April and May storms
Australia's insurers are counting the cost of April and May after their insurance claims surpassed A$1.55bn (£780m).
Sterling to transfer to Covéa as Sweeney steps down
Sterling Insurance is to be fully transferred into Covéa Insurance with the process expected to complete by the end of 2015.
Independent's creditors vote on scheme
Scheme creditors of the collapsed Independent Insurance Company have voted on a proposal that would provide an alternative to liquidation.
UK General seeking additional capacity after commercial rebrand
UK General has rebranded its commercial division as One Commercial with plans to consolidate its relationship with 350 independent brokers.
ABI reiterates support for young driver curfew as part of safety campaign
The Association of British Insurers has reiterated its call for a night-time curfew for young drivers to be implemented as part of a wider campaign for the introduction of graduated driving licences.
Axa's Indian investment increases given final approval
India's Foreign Investment Promotion Board and the Competition Commission have approved Axa's move to increase its stakes in two Indian insurers.