Insurer
Three year deal penned between RSA and Market Harborough
RSA has reached an agreement with Market Harborough Building Society that will see the insurer underwrite its home building, contents and buy-to-let insurance as part of a three-year partnership.
Flood defence funding at 'bare minimum'
Funding for maintaining flood defences is at a "bare minimum" and is the first area to be cut when "budgets are tight", according to the Environment, Food and Rural Affairs Committee.
Industry veteran Skuza to join Guy Carpenter
Guy Carpenter & Company has appointed Boguslaw Skuza as chairman and managing director of its Central and Eastern Europe operation.
Cyber fear outweighs board level ownership
Only 14% of medium to large-sized companies have an insurance policy in place against cyber risk, according to a poll by Marsh, despite more than half (56%) of those surveyed placing it in the top five risks faced by their firm.
Data sovereignty increasingly important in Asia, says Equinix
International data centre operator Equinix believes insurers need to think more about where their data is stored as regulations increase in Asia.
ING insurance IPO share price range gives value of €7bn
ING has set a pricing range for the sale of shares in its European insurance arm that indicates the business is worth roughly €7bn.
ASEAN economies worth $2.31trn, says AM Best
According to analysis by AM Best the 10 ASEAN region economies are becoming an integral part of the global economy.
Airmic 2014: Financial services most exposed to cyber risk
The financial services industry is the most susceptible to cyber attacks in the UK, according to results from data provided by Aon’s cyber diagnostic tool.
Airmic 2014: Hurrell champions longer renewal process
The renewal process on commercial insurance policies should be brought forward by 60 days in order to reflect a changing business environment, according to the chief executive of risk management organisation Airmic.
Motor premiums predicted to rise in line with inflation
Motor insurance premiums are likely to start rising over the next 12 months after two years of falling prices, according to Deloitte insurance partner James Rakow.
Bluefin hires Parker as BDM for health team
Bluefin has appointed Ian Parker as a business development executive for the health & care team, effective immediately.
Most SMEs unknowingly underinsured, Axa report shows
The majority of the UK’s 4.9 million SMEs are underinsured and half a million may be breaking the law by operating with inadequate cover, according to a report by Axa.
AIG urges business leaders to be more aware of personal risks
Nearly two thirds of business leaders do not feel their personal assets are very exposed to management liability actions, according to research from AIG.
Dual hires interim Co-op finance boss Elston as CFO
Hyperion underwriting arm Dual has appointed the Co-operative Group’s interim finance director for cost performance Andy Elston to the position of chief financial officer.
Sterling launches 2014 graduate training programme
High net worth specialist Sterling Insurance Group has unveiled details of its 2014 graduate training programme ahead of its summer graduate intake.
German motor market to turn a profit in 2014
Premium increases in the German motor market are expected to trigger a sub-100% net combined operating ratio for the first time in seven years, according to a report by Fitch Ratings.
Insure and Go travel team join Hood Group
Hood Group has hired a team from travel insurer Insure and Go to manage its newly launched travel insurance proposition.
UK General and Lifesure team up for caravan scheme
Leeds-based managing general agent UK General has partnered with Lifesure Group on a scheme for high-end caravan owners expected to generate a minimum of £250 000 gross written premiums in its first year.
Families receive MH370 compensation payouts
Families of passengers on missing Malaysia Airlines flight MH370 have begun receiving compensation payouts of $50 000 (£29 454).
QBE creates emerging markets division
QBE's new division will include its Latin America and Asia-Pacific arms and be led by the insurer's Asia-Pacific CEO David Fried.
Big Data Analytics - The Solution to Insurance Fraud?
By Ranjit Narula, Head of Insurance - Europe at Infosys
Met seizes 100 000th uninsured car in London
The Metropolitan Police Service has seized its 100 000th uninsured vehicle in London.
Barclay unveils regional and product expansion at Rural Insurance
Rural Insurance managing director Ian Barclay has outlined expansion plans that will see the UK General business establish a foothold in East Anglia, Wales and the South West of England.
Your say: More than technology to tackle fraud
The recent article on SSP’s behavioural anti-fraud weapons certainly highlights the difficulties in accurately detecting and eliminating application fraud.