Insurer
Full year 2014 result likely to reflect profit warning says R&Q
Investor service provider and underwriting manager Randall & Quilter Investment Holdings has updated its trading forecast for the year ended 31 December 2014 ahead of the announcement of its final results.
Aviva bolsters whiplash fight with new proposals
Aviva has developed six recommendations for reducing the number of whiplash claims to help lower the cost of motor insurance for "fed up" customers.
PWC insurance tax expert not expecting budget surprises
PWC's insurance tax leader has told the sector not to expect any major concessions in next week's Budget.
Towergate names Ecclesiastical's Wood as Paymentshield boss
Ecclesiastical UK managing director Steve Wood has quit the insurer to take on the CEO role at Towergate-owned Paymentshield.
LV's O'Roarke targets motor reduction to 50% of portfolio
LV is aiming to “reduce its dependence on private motor” with much more of is business concentrated on the home and SME space, according to general insurance managing director John O’Roarke.
Esure tipped to wrestle market share from rivals once rates rise
Esure can win customers from “less efficient UK motor insurers” once motor pricing picks up, according to a report by Berenberg, which has backed the insurer's long-term prospects.
Post magazine – 12 March 2015
The latest issue of Post Magazine is now available for Post subscribers. Download the latest Post iOS App Edition on the App Store or read the Post Digital Edition online.
RSA strikes Amazon cloud computing deal
RSA has signed a contract with Amazon Web Services to use its cloud computing services across the group.
Big data tipped to impact insurers' credit ratings
Harnessing big data will be key to insurers' profitability, competitiveness and, in the long term, credit ratings, according to a Fitch Ratings report.
Blog: Fundamentally for the good
Nick Parsons looks at whether or not concerns around section 57 of the Criminal Justice and Courts Bill were justified.
Seven law firms selected following NFU legal panel reshuffle
NFU Mutual has named a revised seven-strong legal panel to provide its claims and related legal services in England and Wales following a review and tender process.
Axa unveils commercial combined tool for brokers
Axa commercial lines and personal intermediary has launched a new e-traded commercial combined product, Axa Business Choice.
LV posts 'best ever' GI COR despite shrinking motor book
British insurer LV posted a 14% increase in operating profit to £92m (2013: £81m) for the 2014 financial year.
Police Mutual sees 2014 income grow 15%
Police Mutual reported total income growth of 15% in 2014 alongside a £44m increase in funds under management from the beginning of the financial year.
Editor's comment: A woman's work
In the week we celebrated International Women’s Day, the UK’s intelligence agencies were told by MPs to vary their traditional recruiting of white males and instead recruit middle-aged mothers because they are ‘emotionally intelligent’.
Insurance Census - Gender: Mind the gap
The insurance industry is showing signs of improvement when it comes to gender equality, but it still has a lot of work to do
Cost-cutting and consolidation among insurers predicted for 2015
Scattered reductions in profitability and organic growth over the course of last year will trigger more consolidation and cost-cutting measures among insurers in 2015, industry experts have claimed.
Ex-RSA CEO tells tribunal that reserves were used to offset group issues
Philip Smith, the former CEO for RSA in Ireland, has accused his previous employer of carrying out a "character assassination" on him.
Roundtable - Insurance Act: Facing up to the challenges ahead
Having been granted Royal Assent last month, the replacement for the Marine Insurance Act 1906 will come into force in August 2016. How will the industry cope with adapting to the reforms?
Esure shares drop more than 9% after FY results
Esure shares have dropped 9.58% on 9 March's closing price of 233.8p following its 2014 full year results announcement this morning.
Penny Black’s Insurance Week - 12 March
Cultural artefacts lauded by their home nations can sometimes leave visitors cold.
Barbon CEO rules out acquisition spree after Carlyle-backed MBO
Barbon Insurance Group's CEO Martin Totty has outlined the firm's plans for growth after The Carlyle Group took a majority share in the company.
Demise of outbound call centres linked to customer attitudes, not cold-calling regulation
The days of insurers targeting policy sales via outbound call centres are “long gone”, according to industry insiders, who have cited evolving customer purchase methods for the demise of such call centres rather than incoming cold-calling regulation.