Insurer
Fraud Focus: Displacement better than cure?
This month saw further proposed changes announced as part of the ongoing reforms of the processes under which whiplash claims are handled.
Claims Club News: Insurers warned that independent Scotland would hit them in the pocket
An independent Scotland would cost insurers more in claims, according to BTO’s insurance group head Bill Speirs, who maintains that proposals to increase earnings north of the border will impact reserves.
Go Compare sees turnover rise 4.6%
Aggregator Go Compare has reported a 4.6% increase in turnover for the year ended 31 December 2013 to £109.9m (2012: £105.1m).
Legal Update - Heading down a slippery slope
James Harvey explains how insurers could face additional burdens if other UK courts follow Scotland’s lead when it comes to apportioning liability for trips and falls on public highways
Ageas boosts personal accident cover for SMEs
Ageas has made several changes to the cover offered under its personal accident policy for SMEs including an increase in cover for funeral and medical expenses.
High Net Worth: Getting what you pay for?
Premiums in the high-net-worth space are huge compared with an ordinary household policy, but what can brokers do to assure their clients are paying the right price?
City lawyer targets SMEs as he launches 'first' dedicated IP broker
City-based intellectual property lawyer David Bloom has launched what claims to be the UK’s first dedicated intellectual property insurance broker.
Penny Black’s Insurance Week - 11 September
AIG has not been lucky with its o ffice on Fenchurch Street.
Chubb promotes Rehman to Europe CEO
Chubb Insurance has appointed Jalil Rehman as chief executive of its European business.
Market Moves - 11 September 2014
All the latest job moves in the insurance market.
Pioneer poaches Travelers FI boss for new product launch
Minova-owned managing general agent Pioneer Underwriting has recruited Travelers’ product manager for financial institutions as it seeks to launch its own FI range.
Interview: Neil Brettell: High five
Allianz retail general manager Neil Brettell tells Post of his clear vision for the business – to be a top-five UK player in five years
RSA's Kneafsey teams up with ex-boss Haste at Wonga
Wonga chairman Andy Haste has hired RSA’s director of SME and delegated business Tara Kneafsey as UK managing director for the payday lender’s UK consumer loans business.
Catlin-bound Greensmith replaced by Robinson at RSA
RSA’s global specialty lines director for the UK and Western Europe Paul Greensmith has moved to Catlin Group where he will take on the role of chief underwriting officer for insurance at the firm’s London underwriting hub.
C-Suite MGA: Playing the generation game
The other Friday I took a crowd of Dual employees to the pub for summer drinks in the evening sunshine.
C-Suite Insurer: Quality over quantity
The insurance industry must renew its focus on the content and quality of risk submissions
XL swoops for AIG's Latham to head up captive programmes
XL Group has moved to bolster its captive offering with the appointment of Matthew Latham as head of captive programmes.
Claims Club News: UK firms told to keep an eye on Ireland for PPO regime improvements
UK insurers hoping to see improvements in the periodical payment order regime should carefully monitor a review of PPOs taking place in the Republic of Ireland, according to BLM partner Joe Wakeford.
Claims Club News: FCA putting spotlight on commercial cover
The Financial Conduct Authority is likely to raise the stakes on insurers by increasing scrutiny on whether the products customers buy are fit for purpose, amid a “philosophical shift” by the regulator.
German insurers pay out record claims for 2013
Germany’s non-life insurers settled €50bn in claims over 2013, the highest recorded total for a twelve month period.
Industrial deafness ‘the new cash cow’ says ABI
Claimant lawyers and claims management companies are increasingly exploiting industrial deafness claims for maximum cash settlements, according to the Association of British Insurers.
5% reduction would make home cover unprofitable says O'Roarke
Reductions of just 5% in the cost of home insurance could render the line unprofitable for many insurers according to LV’s general insurance managing director John O’Roarke.
Unrated carrier behind independent midwives PI solution
The capacity behind a commercial professional indemnity insurance solution for independent midwives is being provided by an unrated Gibraltan carrier, Post understands.
XL adds fine art and specie to suite of Shariah compliant products
XL Group has extended its support for Shariah compliant managing general agency, Cobalt Underwriting, by adding fine art & specie coverage to its suite of products. The insurer already provides cover for property, construction and financial lines.