Insurer
Moore Stephens hires ex Mazars insurance partner
International consultancy firm Moore Stephens has appointed Omar Ripon as partner in its insurance industry group.
Post magazine – 18 September 2014
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Chubb syndicate expands into accident and health
Chubb Syndicate 1882 at Lloyd’s has expanded its product offering with the addition of accident and health business.
Touchstone prepares first product launch on e-trading platform
Touchstone Underwriting will launch the first of its online products onto its e-trading platform on 1 October, ahead of plans to introduce a raft of additional web-based offerings.
Barnsley warehouse fire costs Asos up to £30m in lost sales
An Asos warehouse fire that damaged thousands of pounds of stock has cost the company up to £30m in lost sales after the online retailer was forced to suspend orders.
Application fraud inflates annual insurance bills by £50, claims ABI
The Association of British Insurers is backing the development of schemes such as the Insurance Fraud Register and the My Licence initiative as a way of clamping down on rising application fraud.
Water infrastructure investment booming in Hong Kong
The Hong Kong government is growing its investment in water infrastructure at a rapid pace according to AIG.
ABI calls for PI regulation exclusion for in-house fraud teams
The Association of British Insurers has argued that planned regulation of private investigators should not apply to insurers’ in-house fraud investigation teams.
Editor's comment: Pitching to the politicians
Later this month the major political parties will hold their final conferences before the 2015 general election — providing a critical opportunity for the insurance industry to influence policy making and politics before manifestos are locked down.
Insurers braced for disappointment as CMA motor report deadline approaches
Disparity between credit hire and direct hire costs among most contentious issues
RSA senior staff exodus all part of the plan for Hester as cutbacks continue
Tara Kneafsey and Paul Greensmith are latest senior figures to leave the insurer
News Analysis: Party conference season approaches
With the Green Party positioning itself as the ‘real opposition’ to the coalition government, reality TV star ‘White Dee’ Deidre Kelly set to speak at the Conservative Party Conference alongside David Cameron and the furore surrounding the ‘Yes’ vote…
Penny Black’s Insurance Week - 18 September
At an event hosting a room full of risk managers, Penny would have thought safety measures would have been front of mind, but it appears this was not the case for one European conference host.
Brit launches cyber cover for critical infrastructure operators
Global specialty insurer Brit has developed a new product designed to protect companies operating critical infrastructure and industrial machinery from malicious attacks.
Career development: ERS to take on 30 new staff after Welsh government investment
Broker-only motor insurer ERS is undergoing a recruitment process in bid to expand its Swansea office after securing investment from the Welsh government.
Market Moves - 18 September 2014
All the latest job moves in the insurance market.
Biba to create voluntary code of conduct following member vote
The British Insurance Brokers’ Association has taken the first step towards developing a voluntary code of conduct by re-establishing its working group.
Mobile Phones: Phone protection
Although 93% of adults in the UK own a mobile phone, only one in four is insured. Recent research has revealed the places consumers look to buy insurance and shows the key to unlocking the potential of this market
Water risk: Water works
On top of the risk from flooding, water scarcity could become a real problem in the near future – so what are the insurance implications of emerging water risks?
Satellites: Space is the place
With an increased reliance on satellite technology, how can insurers mitigate against the major risks inherent in the rise of global communication networks?
Blog: Customer service lessons from the happiest place on earth
Katie Marriner sums up her experiences at this year's annual Applied Net conference at Disney World Orlando
Expertise in Action: E-Trading: Fierce competition
The growing SME market means competition for market share is intensifying but new working practices have changed SME liabilities. How can these be assessed and managed?
Comment: Audit scope: New scope for coverholder audits
New requirements will need to be met after changes to coverholder audits were announced at the Lloyd’s Coverholder Auditors conference. Alec MacMillan, senior auditor at Triton Audit, explains what changes are in store for the sector
Gallagher hires Clear boss Taylor as UK MGA sales director
Arthur J Gallagher has appointed Simon Taylor as sales director for its UK MGA division, a newly created role to span the 10 MGAs brought together under the Pen Underwriting brand.