Insurer
Market Moves - 7/14 August 2014
All the latest job moves in the insurance market
UK General offers protection against holiday home scams
Leeds-based insurer UK General has launched a policy protecting holidaymakers from unsatisfactory or non-existent holiday homes.
East England drivers UK’s worst says Aviva
Drivers in Aviva’s home territory of the East of England are among the UK’s worst according to figures produced by the insurer’s Drive smartphone app.
WW1 Centenary: The outbreak of War
On the centenary of the outbreak of the First World War Post looks back on some of the leader columns written for the magazine during this period starting with the outbreak of war.
Covéa partners with VFM for fraud detection
Covéa has completed a deal with VFM to improve fraud detection across the insurer’s business.
RSA job cuts suggested by report
RSA is refusing to comment on a report suggesting it will announce "hundreds" of job cuts at its interim results on Thursday (7 August).
Chase Templeton continues growth strategy with three new deals
Private medical insurance group Chase Templeton has secure an additional £4.2m in annual premium income after completing three new deals.
Rehab code to be reviewed amid personal injury developments
The changing personal injury landscape has triggered the first review of the rehabilitation code in more than seven years.
Flood Re managing agent contract worth £6m per year
The tender for a managing agent for the Flood Re scheme has been published with an estimated annual contract value of £6m.
MoJ capping whiplash report costs at £180
The Ministry of Justice has laid out plans to limit the cost of whiplash medical assessment fees in England and Wales at £180.
Hiscox launches updated cyber product
Hiscox has launched an updated cyber and data insurance product giving more comprehensive cover.
Esure reports steady results as it unveils ABS plans
Esure profits have grown 0.4% for the first half of 2014 with chairman Peter Wood praising the group's disciplined underwriting in difficult market conditions.
Miller replaces Clarke as SSP's head of Asia-Pacific
UK-based technology firm SSP has appointed Paul Miller as general manager, Asia-Pacific after Michael Clarke left the firm.
Enterprise and CHO clash over CMA complaint
Enterprise and the Credit Hire Organisation have crossed swords after CHO chairman Steve Evans wrote to the Competition and Markets Authority to demand an investigation into direct hire practices.
Sale of DLG's international units not set in stone, claims Geddes
Direct Line Group chief executive Paul Geddes has denied the sale of the insurer's Italian and German operations is a foregone conclusion, despite talks on offloading the international divisions gathering momentum.
Over half of construction workers mistaken about employer insurance
Nearly 60% of UK construction site workers believe their employers must have insurance in place to pay their salaries and medical benefits if they are off work, despite such policies not being mandatory in the UK.
Meso claims don't justify special treatment, say defendant lawers
Defendant lawyers have criticised the Justice Select Committee's recommendation that the government launch a further consultation into the treatment of mesothelioma claims under the Legal Aid, Sentencing and Punishment of Offenders Act 2012.
Blog: Tick follows Tock, follows Tick...
In June 1947, the British appointed lawyer Sir Cyril Radcliffe to lead a commission which would establish the boundary between India, and a nascent Pakistan.
Lancashire Group goes live on Sequel Impact
Lancashire Group has bought and gone live on Sequel's risk exposure and aggregation product Impact.
Assurant Intermediary teams up with LV Broker on home product
LV Broker has launched its ABC home insurance offering on the Assurant Intermediary product platform as part of a partnership arrangement with the firm.
Ethics moves into the mainstream
David Thomson, CII Director of Policy & Public Affairs, predicts a larger role for ethics within the industry as the regulator focuses on cultural reform
Axa reports 33% earnings increase for UK business
Axa UK and Ireland recorded a 33% increase in underlying earnings for the first half of 2014 to £118m from £89m the year prior.
DLG sees profit drop from high weather claims
Direct Line Group has attributed a 13.1% drop in operating profit for the first half of 2014 to higher weather claims and lower prior-year reserve releases.
Youi expands into New Zealand
South Africa-owned car and home insurer Youi has entered the New Zealand market.