Insurer
Voice of the Future: Holly Hardy
Post talks to talented newcomers about what attracted them to insurance. This week it's the turn of Holly Hardy, claims settlement team and policyholder indemnity team leader, Covéa Insurance.
Market Moves - 23 October 2014
All the latest job moves in the insurance market.
DAS suspends CEO in supplier investigation
DAS has suspended its CEO Paul Asplin after concerns were raised about a relationship between the legal expenses insurer and a supplier, as first revealed by Insurance Age.
BP Marsh increases pre-tax profit to £1.7m for H1
Niche venture capital provider B.P. Marsh & Partners, posted unaudited profit after tax of £1.7m for the six months to 31 July 2014.
Compliance deemed top challenge for multinationals, finds Ace survey
Risk managers surveyed by Ace have highlighted compliance and regulatory issues as their greatest challenges in managing multinational insurance programmes.
D&O policies outside scope of FOS rules judge
A high court judge has delivered a boost to insurers by ruling that the Financial Ombudsman Services’ jurisdiction should not be extended to complaints from D&O insureds.
Driverless cars could be mandatory within two generations predicts Teradata chief
Autonomous cars will be the norm within two generations according to experts speaking at the Teradata Partners conference.
Ecclesiastical promotes Saunders to commercial director
Ecclesiastical has looked internally to find a new commercial director, promoting corporate business and London regional director Adrian Saunders.
QBE announces multiple appointments as it unveils UK and Ireland business restructure
QBE European Operations has restructured its UK and Ireland business into three segments: corporate and large commercial, middle market and SME.
Insurers must learn from e-commerce mistakes with digital role integration
Insurance companies need to break down the walls between internal functions to get the most out of the digital marketing opportunities available today.
One-in-four motorists back compulsory in-car cameras
26% of UK motorists believe the Government should mandate in-car cameras in order to limit “crash for cash” schemes, according to a study from the RAC.
Ferma and ECIIA launch new guidance on corporate transparency
The Federation of European Risk Management Associations and the European Confederation of Institutes of Internal Auditing have issued a joint guidance document in response to increased EU requirements for more corporate transparency.
Aviva wins on ‘fundamentally dishonest’ whiplash claim
Aviva has declared victory in court battles over a low-speed whiplash claim, which has been ruled “fundamentally dishonest” by the court, with the claimant ordered to pay all of Aviva’s costs.
RFIB hires two from Willis to grow German business
RFIB Group has appointed Colin Pinder and Gary Blakesley as divisional directors to develop a predominantly German marine account.
Hiscox launches personal accident insurance product
Hiscox has launched a personal accident insurance product for the UK market.
Road Safety Foundation demands tax cut on telematics policies
The Road Safety Foundation has called for reductions on premium taxes on telematics-backed motor insurance policies for young drivers.
Ryan Direct Group agrees strategic deal with Am Trust
Ryan Direct Group is to acquire the rights to the commercial combined SME portfolio underwritten by Am Trust Underwriting.
60% of insurers planning to divest by 2017
More than half of insurers are planning to complete sales by the start of 2017, according to a study from Towers Watson, up from just 20% saying the equivalent last year.
Argo unveils complimentary legal advice for D&O customers
Lloyd’s insurer Argo International has launched a new policy that see the firm offer complimentary legal support to holders of directors and officers policies.
Firefighters investigate cause of Didcot power station blaze
Firefighters from three different forces have been tackling a major fire at Didcot B power station in Oxfordshire.
CII and CILA presidents in unity call
The presidents of the Chartered Insurance Institute and the Chartered Institute of Loss Adjusters have pledged to work towards greater unity for the insurance industry.
Third party injury claims down 10% say actuaries
Insurers have benefited from a 10% reduction in the frequency of third-party injury claims according to figures released by the Institute and Faculty of Actuaries.
Teradata VP hails connection analytics as key in combating customer churn
Insurers should make greater use of connection analytics to pinpoint their most influencial policyholders and reduce customer churn.
Insurers need to move away from 'gut' marketing decisions says Nationwide chief
Insurers need to move away from marketing decisions based on "gut" feelings, to ones that are based on the total view of a customer.