Insurer
Penny speed meets... Andrew Sherwin, operations director, Aquarium Software
Being an insatiable socialite, Penny Black is always eager to probe the personalities behind the professional veneer of her industry friends. What better way to squeeze in and share as many intimate revelations as possible than her very own ‘speed…
Market Moves - 27 February 2014
All the movers and shakers in recruitment in the insurance industry this week.
Penny Black's Insurance Week - 27 February 2014
Even Penny gets a name wrong once in a while.
C-Suite broker: Solving fraud through collaboration
Some criminals are moving from smuggling drugs to smuggling ivory, as the chances of getting caught are lower and the penalties more lenient.
C-Suite – Insurer: Where will the tech journey lead?
Insurers should be looking to seize upon the opportunities presented by telematics and driverless cars.
North of the border: All change for personal injury
The Courts Reform (Scotland) Bill promises to streamline Scotland’s civil courts.
Digital Channels: The future is digital
Insurers must perform a root and branch review of their digital channels if they want to remain competitive in the coming years.
Advertising: Getting the word out
How are insurance firms’ advertising tactics changing in response to the rise of social media and the emergence of aggregators?
Trade Voice: Flooding: the rules of engagement
The recent industry chief executive roundtable with ministers served as a reminder of how critical the role of insurance is to government and society in dealing with the problems caused by the ongoing flooding.
ABI calls for AEB to be fitted as standard in bid to cut PI claims
The Association of British Insurers has called for UK motor manufacturers to fit autonomous emergency braking as standard on all new cars in a bid to cut the number of personal injury claims caused by road traffic accidents.
IFoA paid for medical records to compile pricing report
The NHS has admitted that “greater scrutiny” should have been applied after it was revealed that the Institute and Faculty of Actuaries paid for medical records to produce a report on pricing .
Beazley issues positive 2012 forecast on Lloyd's syndicates
Beazley has issued a promising forecast on what it expects its return on equity to be for two of its Lloyd’s syndicates in the 2012 underwriting year.
DAS adds to broker sales team with internal promotion
Legal expenses insurer DAS, has promoted Kelly Macha to a new role as broker account manager covering firms in South Wales, Gloucestershire, Wiltshire and Oxfordshire.
Gallagher pens five year SME partnership with Lloyds Bank
Arthur J Gallagher has secured a five year exclusive partnership with Lloyds Bank to provide insurance solutions to its portfolio of small business customers.
QBE Europe insurance profits crash 41% for 2013
QBE Europe has seen its pre-tax insurance profits almost half for the last calendar year, dropping 41% from $327m to 2012.
Cigna partners in India with TTK
US health insurer Cigna has entered into a health insurance joint venture with Indian conglomerate TTK Group. The new venture is to be called Cigna TTK.
QBE's results 'well short of expectations', says chairman
QBE has succumbed to a loss of $254m (A$281m) for the full year 2013 compared to a net profit of $761m in 2012.
QBE appoints head of underwriting, Asia-Pacific
QBE Asia-Pacific has promoted Todd Wilhelm to the role of head of underwriting.
MGAA appoints three new members to board
The Managing General Agents' Association elected three new members to its board at its annual general meeting on Monday.
Flood grant could give rise to rogue trading, claims Trust Mark
Insurers are being advised to liaise with loss adjusters and local authorities to ensure flood-hit homeowners do not get ripped off by rogue trades when using the government’s £5000 repair and renewal grant.
Masojada urges changes to 'flawed' Flood Re scheme
Hiscox chief executive Bronek Masojada has heaped further criticism on the government’s “flawed” Flood Re scheme following the firm's full year 2013 results.
Hiscox 2013 profits jump £27m
Hiscox has reported a £27m improvement in its profits for the full year of 2013, in spite of drooping results in London and minimal improvement in the wider UK market.
RSA admits weighing rights issue plans
RSA has admitted it is weighing plans to strengthen its balances sheet through a rights issue, but stressed that no final decision has been made.