Insurer
Penny Black’s Insurance Week - 5 February
Insurance industry journalism and glitzy awards dos go together like peanut butter and jelly.
Towergate tipped for future sale despite debt-for-equity deal
There is “no question” Towergate will be up for sale once again in the coming years, according to market insiders, who believe the swift appointment of a CEO is paramount following this week’s debt-for-equity deal.
In Series: Corporate Risk: Leading the way
Claims management in the corporate space needs a tailored and clearly communicated approach, so how can insurers and brokers eradicate the grey areas to deliver this successfully?
Voice of the Future: Kathyrn Considine
Post talks to talented newcomers about what attracted them to insurance. This week it's the turn of Kathyrn Considine, international account handler, Carroll London Markets.
Market Moves - 5 February 2015
All the latest job moves in the insurance market.
Interview: Stewart Ower: Going with the flow
Chairman of UK Spill Stewart Ower plans to use his tenure to ensure any environmental aspect of a claim is one recognised as early as possible, so proactive intervention can help take control of claims costs
Low cat losses sees XL record best COR in over 15 years
XL Group has chalked up its best property and casualty combined operating ratio in more than 15 years after benefiting from one of the lowest catastrophe years in recent times.
C-Suite - Insurer: False claims still a pain in the neck
Cross-industry taskforce on fraud welcome as frequency of personal injury claims rises once more
Insurance industry failing to engage on social media as UK lags behind US
UK companies are being outperformed by their US counterparts in their use of social media for corporate communications, according to an Investis review, which ranked the insurance industry as one of the lowest performing sectors.
India's Insurance Bill could open door for Lloyd's
Lloyd's is keen for India's long awaited Insurance Bill to be ratified by Parliament.
RSA moves Slingsby to new role
RSA has appointed Steve Slingsby as operations and change director for global specialty lines UK.
Other offers undervalued Towergate, claims interim boss
Rival bids for Towergate were lodged but all undervalued the business, the company's interim CEO Alastair Lyons has said.
ABI index shows average motor premium is down by 4% in 2014
The average price paid by motorists for private comprehensive motor insurance during 2014 fell by 4% compared to 2013, according to figures published by the Association of British Insurers today.
ERS recruits Innovation Group to manage repair and engineering network
Motor Insurer ERS has inked a three year deal with Innovation Group that will see the claims specialist manage its repair and engineering network for cars, light and heavy commercial vehicles.
Ifed welcomes DCI Angie Rogers to anti-fraud hotseat
The Insurance Fraud Enforcement Department has confirmed the appointment of Detective Chief Inspector Angie Rogers as DCI Dave Wood’s successor as head of the City of London Police unit.
LV focusing on profitability
LV group CEO Mike Rogers has insisted the firm is focusing on “profitability rather than top line income” after the business recorded a reduction in annual general insurance gross written premium to £1.39bn last year from £1.45bn in 2013.
Age UK offers 'goodwill gesture' to reverend after discrimination dispute
Age UK has denied accusations it discriminated against a Christian minister by threatening to void her motor insurance policy after she put religious slogans on her car.
Anbang Insurance's New York Waldorf acquisition approved
Chinese insurer Anbang Insurance's $1.95bn (£1.3bn) proposed deal to buy the iconic New York hotel the Waldorf Astoria has been approved.
Das UK remains on negative watch as it conducts internal investigation
Standard and Poor’s has confirmed that Das Legal Expenses, the UK arm of the Munich-Re owned legal protection insurer, remains on credit watch with negative implications, as it completes its internal investigation.
P&I club Thomas Miller unveils ABS
Thomas Miller has expanded its claims and consultancy services through the launch of an alternative business structure Thomas Miller Law.
Med Co inviting claimant solicitor and insurer registrations
Claimant solicitors and insurers have been invited to sign up with Med Co Registration Solutions from 31 January ahead of the full launch of the search facility.
Costs irrecoverable where CFAs fail to comply with cancellation regulations rules court
Defendants who identity the absence of a cancellation clause in conditional fee arrangements could avoid paying costs, after a Court of Appeal decision.
Blog: A graduate's viewpoint
It's funny - on the face of it I have all the qualifications of a graduate that could have ended up in any industry. However, I find myself in insurance, despite having had the offer to work elsewhere.
FCA launches fresh PPI complaints investigation
The Financial Conduct Authority has announced a new probe into complaints over the sale of payment protection insurance that may see it set a time limit for complaints.