Insurer
Interim Zurich UK GI CEO Dave Smith to retire in April 2015
Zurich’s interim UK general insurance chief executive Dave Smith has agreed to extend his temporary tenure at the business ahead of retiring in April next year.
Study finds 'significant demand' for telematics among older drivers
Insurers focusing telematics products solely on young drivers are overlooking a sizeable untapped older driver market, according to software provider SSP.
Legal bodies slam SRA minimum terms manoeuvre
Several members of the legal fraternity have written to the Legal Services Board urging it to reject the Solicitors Regulation Authority’s proposal to cut to the minimum limit for solicitors' professional indemnity cover to £500 000.
UK Government offers £10m for driverless car road trials
The UK Government has offered a pot of £10m to help fund public road trials of driverless cars in up to three cities from January 2015.
Money Supermarket sees 4% revenue growth for insurance site
Money Supermarket has reported a 4% increase in revenue for its insurance division in H1 2014 to £68.1m (2013: £65.5m).
Post magazine – 24/31 July 2014
The latest issue of Post Magazine is now available for Post subscribers. Download the latest Post iOS App Edition on the App Store or read the Post Digital Edition online.
Markel applies for trade credit license in Dubai
Specialist insurer Markel is hoping to receive a license to offer trade credit insurance in Dubai by the end of 2014.
Industry defends removal of delayed settlement clauses from Insurance Bill
Plans to allow business claimants to seek redress after delays may yet be restored
International insurers’ London presence to diminish amid increased competition
Analysts expect other firms to follow in Beazley’s footsteps by looking elsewhere
Duo positive despite ‘lower than expected’ Lloyd’s VCS traffic
Xchanging and Crawford remain optimistic for scheme’s future
Aviva seeks consultation on cashless compensation for minor motor injuries
Claimant lobbyists dismiss proposals in insurer’s report as ‘ludicrous’
Significant rate increases likely after disastrous period for aviation market
Sector facing highest losses since 9/11 following spate of tragedies in 2014
News Editor's Comment: What next for the aviation sector?
In the space of just over four months, the previously soft aviation market has been sent spinning off course by a succession of tragic incidents that are likely to contribute towards the market’s highest annual losses since the terrorist attacks of 11…
Fine Art: A change of art
As the global fine art market shows signs of a renaissance, how is the industry responding to the evolving insurance needs of this high-value but high-risk sector?
E-cigarettes: No e-smoke without e-fire
With e-cigarette use on the rise in the UK are the risks associated with these products a pressing issue for the general insurance industry?
Q&A: Ashwin Mistry: Speaking with one voice
The Chartered Insurance Institute’s new president, Ashwin Mistry, tells Callum Brodie why unity is top of his agenda, in a shift of emphasis at the body
Trade Voice: What’s changed since 1886?
As we approach the third anniversary of the London riots, the British Insurance Brokers’ Association is submitting its response to the consultation Reform of the Riot Damages Act 1886.
Penny Black's Insurance Week - 24/31 July 2014
Broking luminary Ashwin Mistry’s combination of personality and industry gravitas stands him in good stead to serve with distinction as president of the Chartered Insurance Institute.
Axa aims to be 'major player in Scotland' as it completes management team
Axa’s Scottish branch has filled two senior sales and underwriting roles, completing the branch’s management team.
Career development: Barbican makes apprenticeships finals
Barbican has been shortlisted for the London final of the National Apprenticeship Awards 2014, ahead of a ceremony at City Hall on 23 September.
Market Moves - 31 July 2014
All the latest job moves in the insurance market
Catlin provides capacity for Rural's revamped farm cover
Agricultural specialist Rural Insurance has re-designed its farm combined product in collaboration with new capacity provider Catlin Insurance Company.
Deloitte appoints agents for Gherkin sale
Deloitte has picked a pair of estate agents to oversee the sale of 30 St Mary Axe, better known as The Gherkin, after the building fell into receivership in April this year.
JLT posts 15% increase in revenues in H1
Jardine Lloyd Thompson posted a 15% increase in total revenue to £559.6m for the first six months of 2014, despite a challenging rating environment in insurance and reinsurance and adverse foreign exchange movement.