Insurer
Hiscox bolsters events offering with Event Assured acquisition
Hiscox has reached an agreement with Applewell to acquire events insurance provider Event Assured.
Markerstudy re-hires Tozer as account manager
Matt Tozer has returned to Markerstudy as an executive account manager after roles at the A&A Group and Igo4.
Insurance industry ahead of the curve on internal CEO appointments
Insurance companies are more likely to recruit internally for the top jobs at their organisations than firms within other financial sectors, according to a survey by Russell Reynolds Associates.
Wunelli looks to tackle 'reactive' FNOL process with new management tool
Wunelli has created a new process to manage crash notification alerts which it claims will turn the tables on “the reactive nature of the first notification of loss process" in private motor.
LV Broker recruits four to regional roles
LV Broker has announced four appointments in its commercial lines business, including promoting Mark Hands to head of trading for the north of England and Scotland.
LV’s H1 profits climb 7% but premiums continue to fall
Prior-year claims run off has seen LV notch improved operating profits for the first six months of 2014 in spite of continued decreases in motor insurance rates.
China upgrades premium growth projections
The China Insurance Regulatory Commission is predicting 17% premium revenue growth each year until 2020.
Chancery PII plans ‘steady and stable growth' in solicitors' PI
Chancery PII has gained valuable experience from its first year in the solicitors' professional indemnity market and wants to make rated capacity available to a wider range of firms, according to director Tim Norman.
Reserve releases aid insurers in posting first profit since 2006
The UK property and casualty sector is set to post a profit for the first time since 2006, with the average combined operating ratio expected to be around 96.5% for 2013, according to Moody’s.
ABI warns BoE capital raising will drive up insurance costs
The Association of British Insurers has criticised the Bank of England over its plans to raise capital levels in financial institutions saying it will drive up the cost of insurance.
Paymentshield hires former Co-op commercial director
Towergate has appointed Lee Mooney to the new role of product, marketing and proposition director for Paymentshield.
RUP appoints Axa's Mansell as commercial motor underwriter
RUP Commercial Risks has appointed Axa senior motor fleet underwriter Spencer Mansell as commercial motor underwriter.
Axa bidding for Polish insurance unit, claim reports
Axa has offered between 500m PLN (£94m) and 600m PLN (£113m) for the insurance arm of MBank in Poland, according to reports.
Colahan to leave RSA for Berkshire Hathaway in Australia
Post understands Chris Colahan, CEO RSA Asia, is leaving the company to oversee a new operation for Berkshire Hathaway in Australia.
Indian select committee meets as South African firm readies investment
The long awaited insurance reforms in India have potentially moved a step closer with the first meeting of a new select committee.
Arsonist jailed following fraudulent £2m Allianz claim
Business owner Justin Hindry has been jailed for six years after he burnt down his showroom in a bid to fraudulently claim more than £2m from Allianz Insurance.
Blog: From Bowring to General Accident to AIG, insurance brands reborn
Over the last week we have seen two insurance brands of days gone past given a new lease of life.
Octo MD hails Insure the Box partnership extension
Octo Telematics hopes to capitalise on the broadening pool of telematics users, following the extension of its partnership with Insure the Box, according to managing director Martin Williams.
Godwin promoted to COO as AIG reshapes UK executive committee
AIG has confirmed the appointment of UK and Ireland senior claims officer for property and casualty Geoff Godwin to the role of UK chief operating officer.
International: The state of piracy
With the nature of the piracy threat constantly evolving, John Thompson looks at the role of private maritime security companies in mitigating the risk
Co-op Insurance plummets to ‘disappointing’ £7m loss
The Co-operative Insurance has swung to a £7m loss for the first half of 2014, performance described as “disappointing” by chief executive Mark Summerfield.
Google research shows 47% of motor sites failing on smartphones
47% of UK motor insurance websites are failing to offer a positive experience for consumers using smartphones, according to a white paper published by Google.
Footman James partners with Chubb on classic car cover
Towergate-owned Footman James has partnered with Chubb Insurance giving its classic car customers access to the insurer's products and services.