Insurer
UK insurers undeterred on sharing society progress despite international Uber concerns
The banning of Uber in several territories will not deter the UK insurance industry's engagement with sharing economy companies, according to commentators, with telematics providers tipped to help small car-sharing organisations obtain cover.
Market Moves - 18 December 2014
All the latest job moves in the insurance market.
C-Suite - Broker: The focus on collaboration
Change continues apace and the challenge facing insurers and brokers alike is not to batten down the hatches and wait for it to slow or stop, but rather to work out how to adapt in order to thrive in today’s and tomorrow’s paradigm.
C-Suite - Insurer: Delivery... not just for Christmas
Action is key to provide good value and communication for customers
Future sustainability of Pool Re to be achieved by modernisation in 2015
The Pool Re board is aiming to complete its modernisation of the 22-year-old terrorism facility by the end of next year.
Cyber risk underwriting a pressing issue for insurers in 2015, states EY
The growing threat of complex cyber crime will present businesses with significant challenges throughout the course of next year, according to analysis undertaken by EY.
Direct Line brand awareness dominance not translated in policy sales
Direct Line is failing to transform dominant brand awareness among consumers into policy sales, according to the latest Global Reviews UK motor insurance providers digital marketing effectiveness study.
Jelf builds northern presence with Beaumonts acquisition
Jelf has widened its footprint in the north of England with the acquisition of Yorkshire-based broker Beaumonts Insurance Group.
Anbang agrees deal to buy Delta Lloyd Bank Belgium
Chinese financial services company Anbang Insurance has reached an agreement to buy Delta Lloyd Bank Belgium from Dutch financial group Delta Lloyd for €219m.
One in 10 car deaths linked to alcohol, says WHO
Following a study, the World Health Organisation has said one in every 10 car deaths is linked to alcohol.
Ryan Direct Group joins AA panel
Broker AA Insurance Services has signed a home affinity deal with Ryan Direct Group that will see the Doncaster-based firm join the AA’s panel with immediate effect.
JLT named broker for Swansea Tidal Lagoon
JLT has been named as the broker for the Tidal Lagoon Swansea Bay, the world’s first man-made energy generating lagoon.
Household pressure to offset improved motor climate in 2015, says Fitch
A halt in motor premium declines and improved commercial performance is expected to see the UK non-life market stabilise in 2015 but this could be offset by increased pressure in the household space, according to Fitch Ratings.
ABI holding off Flood Re contracts as government talks continue
The Association of British Insurers is holding off contracting with a managing agent and a reinsurance broker for the Flood Re scheme due to ongoing discussions with government around the initiative's secondary legislation.
New look IFB technical board to be chaired by Axa fraud boss Davies
Axa global chief fraud control officer Richard Davies has been appointed as chairman of the Insurance Fraud Bureau’s technical board as part of a shake-up that will result in an influx of new board members.
Blog: Private prosecutions - select wisely
Has the time come for insurers to use prosecution in the criminal courts in order to win the fight against claims fraud?
Barbican bolsters cyber underwriting team
Barbican Insurance Group has appointed Ace USA’s Matthew Waller as cyber, technology and media underwriter.
Andrew Torrance to leave Fireman's Fund in US restructure
Allianz's former UK CEO Andrew Torrance is stepping down as CEO and president of Allianz's Fireman's Fund unit at the end of the year.
Ferma secures future as it names Willaert as next president
Agfa-Gevaert corporate risk manager Jo Willaert has been named deputy president of the Federation of European Risk Management Associations, following board approval.
New vehicle damage repair standard published
A new British Standard for vehicle damage repair has been published by BSI to help repair centres differentiate themselves from their competitors.
FCA turns focus to competition in GAP market
The Financial Conduct Authority is proposing changes to promote competition in the £160m guaranteed asset protection insurance market.
Transport minister raises driverless car hacking concerns
The government is “mindful” of the threat posed by hackers to driverless vehicle technology and has suggested that future developments will require sophisticated encrypted protection.
Prospect of formal Quindell investigation raised in parliament
Pressure is mounting on embattled outsourcer Quindell after a former City minister posed a parliamentary question on whether the firm, its board and its advisers were being investigated or if any future probe was being considered.