Insurer
Quotas not the answer to lack of diversity says CII’s Mistry
Quotas are a form of ‘cheating’ and not the right way to increase diversity in the insurance workforce, according to the president of the Chartered Insurance Institute Ashwin Mistry.
QBE appoints O'Farrell as CUO for Europe
QBE has appointed Colin O’Farrell to the newly created position of chief underwriting officer for QBE’s European Insurance operations.
Post magazine - 23 April 2015
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.
Insurance Marketing and PR Awards shortlist 2015 announced
Did you make the grade? Find out who is on the Insurance Marketing and PR Awards shortlist 2015.
Tesco reports rise in insurance profits
Tesco has posted a slight rise in insurance profits for the full year ending 28 February 2015, the company has announced.
Gallagher hires ex-NIG underwriting boss Hall as CUO
Former NIG underwriting and pricing director Martin Hall is to resurface at Arthur J Gallagher where he will take on the chief underwriting officer role vacated by Sian Fisher.
Editor's comment: Solidarity in a surge
The insurance industry received a chilling warning at this week’s Post Claims Club, when deputy president of the Chartered Institute of Loss Adjusters Benedict Burke told attendees that the sector could not respond to a claims surge on the scale of the…
Bruce to bring much-needed retail and distribution expertise to GRP
London market consolidation business Global Risk Partners' appointment of ex-Bluefin CEO Mike Bruce is expected to provide the firm with a springboard for expansion.
Allianz to offer cyber and reputation lines in China
Allianz Global Corporate & Specialty will offer cyber and reputation risk insurance in China from June.
Premium cuts unlikely as flood resilience certificate gains CILA backing
Plans to create a certificate that would allow homeowners to prove their property had undergone adaptations to improve its flood resilience has gained loss adjusting support, however, industry experts are doubtful the concept will trigger rate reductions.
Axa extends Tui travel insurance deal
Axa has extended its agreement with Tui UK and Ireland including underwriting travel policies in Ireland through the Falcon brand.
Tough motor market contributing to pet insurance interest in Gibraltar
Potential for profit-making, low market penetration and a diversification away from the tough motor market are key factors in "struggling" Gibraltarian insurers looking to enter the UK pet insurance arena, commentators have suggested.
Penny Black’s Insurance Week – 23 April 2015
The Post newsdesk has been awash with news of brokers moving to rival firms this year and last week was no different.
Career Development: Allianz welcomes next wave of scholarship brokers
Allianz has welcomed 51 new brokers to its Academy Scholarship Programme at a launch event held at Painters Hall in the City of London.
Market Moves - 23 April 2015
Who has moved where in the industry this week.
ANV Holdings' founder Fairfield steps down
Matthew Fairfield has stepped down as CEO of ANV Holdings, the Dutch headquartered global specialty insurance group.
March moves from Aon to lead Skuld in Singapore
Nicholas March has left Aon to join marine insurer Skuld to head its Singapore office.
RMS releases Windstorm Niklas damage estimate
Catastrophe risk management firm RMS has estimated that the damage to insured property caused by Windstorm Niklas will stand between €750m (£538m) and €1.5b.
Jacques moves from Canada to Australia with Ace
Lesley Jacques has been appointed head of accident and health for Australia and New Zealand at Ace.
EL rate hikes a consequence of 'disproportionate' Scottish asbestos plans
A proposal to make insurers liable for the medical costs of treating asbestos diseases in Scotland would not benefit victims north of the border and could instead serve to inflate employers’ liability premiums, according to legal experts.
Ingenie COO McKee to become CEO as King departs
Ingenie co-founder and CEO Richard King will step down in June following a transition process that will see chief operating officer Chris McKee take over the controls at the telematics firm.
Ghost broker awaits sentencing for selling bogus insurance via fake company
A consultant is due to be sentenced for ghost broking after admitting selling bogus motor insurance to UK drivers through a fake company.
Blog: A driverless commercial future?
As the population increases and room on our roads becomes a scarce commodity, driverless cars could hold the answer to our prayers. Google expects driverless cars to be on the road within 5 years.
Blog: Newcastle - powerhouse or outhouse?
Post reporter Katie Marriner sums up her experience of visiting the Newcastle insurance sector and how plans to make it a powerhouse are being received.