Insurer
Kiln appoints Singapore based head of construction & engineering
Kiln has appointed Christian Kolmberger as head of construction and engineering.
Avanti unveils new MD
Avanti Insurance has appointed Elaine Cozens as its new managing director.
Ascent launches medical billings E&O cover for US
Ascent Underwriting has launched a medical billings errors and omissions insurance product specifically aimed at the US healthcare professionals.
Europe: Telematics around the world
"Black", "box" and "technology" have become buzzwords for the insurance industry, with firms of all stripes seeking to incorporate more data into both their underwriting and claims processes to give insurers a better idea of customer risks.
RSA no longer facing pay out two years after tragic M5 crash
RSA is no longer expecting to be on the hook for claims relating to a fatal motorway pile-up after the fireworks contractor in charge of a display held on the night of the crash in which seven people died was cleared of breaching health and safety laws.
Lorega partners with BVCA on loss recovery offering
The British Venture Capital Association is to offer Lorega’s loss recovery insurance to its members via its advantage platform.
Hong Kong premiums grew 14% in first nine months of 2013
Statistics from Hong Kong's Office of the Commissioner of Insurance indicate the SAR's total gross premiums to the end of Q3 amounted to HK$216.8bn ($28bn), representing an increase of 14% over the same period in 2012.
Tim Holliday appointed Zurich UK personal lines boss
Zurich has appointed its UK general insurance chief underwriting officer Tim Holliday to take over as managing director of its UK personal lines business.
Blog: Could the UK follow New Zealand's lead and embrace driving curfews?
As the festive season gets into full swing, several insurers are already issuing warnings to policyholders about the dangers of “riskmas”.
Kennedys and Simpson & Marwick axe merger plans
Law firms Kennedys and Simpson & Marwick have cancelled plans to merge citing “complex reasons”.
SRA mulls enforcement action for firms in PI breach
The Solicitors Regulation Authority has warned it is considering enforcement action after “a substantial number of solicitors” failed to declare their insurance position regarding professional indemnity cover.
Post magazine – 12 December 2013
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.
Kiln hires new stable mate for equine team
Kiln has appointed Bill Bevan as equine underwriter within the accident & health division to focus on bloodstock and livestock risks.
David Radford appointed Allianz brand boss
Allianz has appointed David Radford to the newly created role of UK brand director.
Plum extends home product to cover landlords
Plum Underwriting has extended its home works product to cover landlords undertaking extensive building extension projects and renovations.
Millburn unable to pay claims after entering administration
Millburn Insurance Company has become the first UK regulated insurance firm to enter administration since 2009, three months after it stopped writing new business following a review by the Prudential Regulation Authority.
Independent Inspections hopes to cut claims cycle with prepaid card scheme
Claims management company Independent Inspections has signed up to Tuxedo Money Solutions’ prepaid card scheme in a bid to reduce the lifecycle of a home insurance claim and enhance policyholder experience.
Bid to cut red tape set to enhance UK insurance market’s competitive position
Insurance Growth Action Plan aims to remove barriers for UK insurers overseas.
Adjusters sceptical over ‘organic growth’ plans after Davies seals Garwyn deal
Sources say Davies CEO Saulter’s background points to further M&A activity.
Credit hire portal set for 2014 launch as backers put faith in motor inquiry
Committee confident Competition Commission will draw ‘right conclusions’.
Industry plays down impact of St Jude and Xaver storms on full-year results
Losses expected to be ‘in tens of millions, not high hundreds of millions’.
Chilton tipped to help Gallagher overcome previous reinsurance failings
‘Challenger brand’ expected to benefit from former Benfield CEO’s expertise.
Insurance Technology Conference: Insurers must wake up to the risks of misusing data
Data presents huge opportunities for insurers but the potential for misusing it is a serious risk for the industry, according to speakers at Post's Insurance Technology conference.
Insurance Technology Conference: SSP director Waring criticises ‘naive’ insurers for lacking digital strategies
Insurers vastly overestimate their digital capabilities and risk losing customers to better-equipped competitors, according to SSP director David Waring.