Insurer
Insurance business crucial to future growth at the AA, claims Connor
AA Insurance Services managing director Janet Connor believes her recent appointment serves to highlight the growing emphasis the AA places on insurance.
Blog: Telematics update
How does the UK telematics market compare with markets in other parts of the globe? Sarah Wenham explains
Engelhardt hits out at ‘bizarre’ reserve release focus
Admiral group chief executive Henry Engelhardt has labelled concerns on the role of reserve releases in the insurer’s UK motor profitability as “bizarre”.
Policy application poll 'encouraging' for Zurich as consumers opt for truth
Zurich has been encouraged by the results of a survey that found 87% of adults polled would not be prepared to lie in an attempt to save money on an insurance policy.
Post Intelligence Docu-Video: How can the industry tackle application fraud?
While claims fraud continues to grab the most headlines, insurers and brokers are now focusing as much attention on fraud at the point of quote.
IFB cheatline heading for record year of public fraud reports
The Insurance Fraud Bureau’s cheatline is on course to eclipse the record number of reports it received from members of the public in 2013.
Admiral’s Chidwick hands CFO remit to deputy
Admiral group chief financial officer Kevin Chidwick is to hand his role to his deputy Geraint Jones in a bid to focus more on the insurer’s US business.
ABI 'disappointed' with L&G's decision to resign its membership
The Association of British Insurers has moved to underline the benefits of ABI membership after expressing disappointment at Legal & General’s decision to resign from the trade body.
Brit profits hit by IPO costs
The costs of floating on the London Stock Exchange have seen Brit’s profits tumble 18% in the first half of 2014.
Admiral UK motor profits up 8% on boosted reserve releases
Admiral’s UK motor business has seen profits increase 8% following £73m of reserve releases in the first half of 2014.
AIG promotes Kian Tiong Lim in Taiwan
AIG has appointed Kian Tiong Lim, head of consumer Taiwan, as country manager of AIG Taiwan.
ABI to give statement on reports Legal & General to exit
The Association of British Insurers is expected to give a statement today on reports L&G is to leave the association.
Admiral weighing up bid for UK's leading telematics player Insure the Box
Admiral is evaluating a bid for telematics firm Insure The Box just months after announcing a £200m cash raise, Post understands.
£8m added to home premiums by preventable claims
Just over half of all home insurance claims follow preventable incidents, according to Money Supermarket, adding a total of £8m to home insurance bills.
Windstorm Tini loss estimate climbs to £224m
A windstorm which rampaged across the UK and Ireland in mid-February is now estimated to have cost the insurance industry €281m (£224m).
W.R. Berkley Insurance Australia rebrands
Property and casualty insurer W.R. Berkley Insurance Australia is rebranding as Berkley Insurance Australia.
Arag to provide legal expenses cover for Insure the Box policyholders
Legal expenses insurer Arag has formed a partnership with telematics specialist Insure the Box that will see it provide legal cover for around 250 000 of the insurer’s policyholders.
First Central appoints Howard as first company COO
Motor insurer First Central has added to its UK senior management team with the appointment of Kevin Howard as the company’s first ever chief operating officer.
D L Dale looks to QBE for underwriting hire
QBE's Tim Butcher is to join D L Dale & Others Syndicate 2525 as senior class underwriter from 1 December.
Endsleigh launches modular product to meet evolving student needs
Endsleigh has launched a new product designed to cater for the evolving needs of students as they transition from students to young professional.
Zenith hails improved efficiency after deploying SAS analytics tool
Markerstudy-owned Zenith Insurance has hailed its improved reporting and analytical capabilities following the deployment of technology from business analytics firm SAS.
Cost of countryside crime up 5% in 2013
Levels of rural crime increased last year according to figures from NFU Mutual, which estimated the total cost rising 5% to £44.5m.
Cypriot insurers still suffering following bank bail-outs
The Cypriot insurance market has failed to rebound following the financial crisis despite the bail-out of both of the country’s major banks, according to a report published by Axco Insurance Information Services.
Norfolk businessman found guilty of intent to defraud Allianz of £2m
A business owner has been found guilty of burning down his Norfolk bathroom and kitchen showroom two years ago in an attempt to claim more than £2m from Allianz.