Insurer
Motor insurers and SMEs in firing line as court fee rises are considered
Proposed court fee increases have been criticised by legal experts for countering the government’s aim of reducing the cost of litigation, amid concerns motor insurers and SMEs will be impacted by the changes.
Drivers claiming £3.2m in compensation for pothole damage
Almost 50,000 UK drivers have claimed more than £3m in compensation from local councils for damage to vehicles caused by potholes over the last financial year, according to the RAC Foundation.
Liberty Specialty Markets creates CRO role for Arch’s Fullerton-Rome
Liberty Specialty Markets has found its first chief risk officer in the shape of Arch’s Elizabeth Fullerton-Rome.
Brokers, insurers and reinsurers unite for microinsurance push
Nine brokers, insurers and reinsurers are combining in an attempt to add scale and reduce distribution costs of microinsurance.
29% of drivers believe they aren’t responsible for accuracy of insurance applications
Almost a third of UK drivers believe they are not directly responsible for the accuracy of their motor insurance applications, according to new research from technology firm SSP.
Sentimental items most valued by burglary victims
Six out of ten burglary victims don't ever feel secure in their homes again, according to research by UIA Insurance.
City minister's apprenticeship figures ‘a mistake’ says CII
The Chartered Insurance Institute has moved to correct City minister Andrea Leadsom’s claims on apprenticeships, claiming the MP is mistaken on numbers.
49 law firms enter PI cessation period
12 law firms have been forced to close their businesses after failing to obtain professional indemnity cover, the Solicitors Regulation Authority has confirmed, while 49 have yet to renew PI cover.
RSA facing constructive dismissal suit from former Ireland CEO
RSA is facing a court battle over the departure of former Ireland CEO Philip Smith last year following his decision to sue for constructive dismissal.
Guy Carpenter named as Flood Re broker
Flood Re has ended its long search for a retrocession broker by recruiting Guy Carpenter, while an chairman appointment is also imminent.
Video: State of the Broking Nation Webinar
Service and the shift towards digital technology in the general insurance market were discussed in a lively webinar session hosted by Post and LV this week, which is now available to watch.
Blog: Tackling insurance fraudsters, one piece of shared information at a time
Insurance fraud is often painted as a victimless crime - but as anyone in the industry can tell you, it most certainly isn't.
Fraud taskforce agrees terms of reference in first meeting
The government fraud taskforce has identified data protection as one area to focus on following its first meeting this week.
Ping An buys Marsh's UK head office building
Chinese insurer Ping An has bought office and shopping complex Tower Place in the City of London for £327m.
Quindell confirms Slater & Gordon sales talks
Troubled insurance services provider Quindell has confirmed that it is in talks over disposals with law firm Slater & Gordon.
Treasury insurance boss slams industry for lack of self-promotion
HM Treasury’s head of insurance and savings has hit out at the failure of the insurance sector to attract young workers, calling for more self-promotion from the industry.
AA partners with Cigna on travel offering
AA Insurance has appointed Cigna Insurance Services to provide its travel underwriting, claims and marketing services.
Zurich appoints Sime to sales head role
Chris Sime has been appointed sales head for commercial broker and personal lines at Zurich.
Insurance workers value job satisfaction over salary poll finds
Insurance industry workers value job satisfaction and work-life balance over their salary package, a YouGov and Reed poll has found.
Europe: Investing in creating digital value
Accenture's Roy Jubraj and Thomas Meyer examine how European insurers can create effective digital transformation strategies.
PRA expects total UK insurance capital to drop under Solvency II
The Prudential Regulatory Authority’s executive director of insurance has forecast that total capital held by insurers in the UK will likely drop under incoming Solvency II rules.
Europe, the next frontier for e-accounting....
XL Group's Simon Squires shares insights from the company's work with the Ruschlikon Initiative, which aims to make e-accounting more widely used within insurance.
Admiral seeks more than 250 new recruits
Admiral is recruiting for more than 250 jobs across its contact centres, IT department and law firms.
BGL boss Donaldson heralds 'record profits' in 2013/14
BGL Group has chalked up a 6% annual increase in profit before tax to £94m for the year ending 30 June 2014 (previous 12 months: £88m).