Insurer
Industry hits back in fraud jail debate as insurers win crash-for-cash cases
Insurers have hailed a recent string of crash-for-cash fraud court victories – where a judge warned the public they risk prison if they participate in insurance fraud – as a victory against criticism of jail sentences for fraudsters.
Bennetts reports rise in customer engagement and sales
Bike insurance specialist Bennetts has revealed strong year-on-year growth, recording 10% uplifts in both total new customer sales and renewals.
Brokers fear Law Society MGA could prove too late for solicitors
The Law Society must launch its professional indemnity managing general agency soon or risk being too late to help solicitors ahead of this year’s October renewals, market insiders have warned.
LV growing actuarial team
LV is recruiting for 10 actuaries to join its business.
Bowman pledges dedication to UK business despite Aviva UK panel losses
Crawford & Company global chief executive Jeffrey Bowman has refused to rule out UK redundancies after the adjuster was axed from the panels of several major insurers.
Lack of competition blamed for inflating PMI costs
Britain’s competition commission has slammed the costs paid for private medical insurance, blaming a lack of competition between healthcare providers for inflating the costs for consumers.
Penny Black's Insurance Week - 29 August 2013
While recent summers have seen Penny reaching for an umbrella to protect against the pouring rain rather than a parasol to escape the scorching sun, so far this year, much to the delight of insurers across the UK, the former has given way to the latter;…
Interview: Mark Cloutier: Maintaining momentum
After restructuring last year, Brit has posted impressive results for the first half of 2013 – and chief executive Mark Cloutier insists the firm is on the right track to becoming top dog at Lloyd’s
Penny speed meets... Allison Hughes, development manager, commercial e-trading, Groupama Insurances
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…
R&Q's H1 profit hit by fall in investment returns
Randall & Quilter posted total group income of £26.2m for the first half of 2013, up from £25.3m in the prior year period, as it continued its transition from run-off specialist to participant in the active market.
R&Q posts stable H1 results despite falling investment returns
Randall & Quilter posted total group income of £26.2m for the first half of 2013 (H1 2012: £25.3m) as it continued its transition from run-off specialist to participant in the active market.
Leader: Will the Lutine Bell fall silent?
In the 17th Century, London’s importance as a trade centre led to an increasing demand for insurance, and Edward Lloyd’s coffee house soon became recognised as the place to obtain marine cover.
View from the Top: Asia's environmental liabilities
XL's Craig Langham examines Asia's growing environmental liabilities and how governments are looking to implement legislation.
AIG appoints Coory in marketing role
AIG has appointed Damian Coory to the newly created role of vice president, corporate marketing and communications for Asia-Pacific.
China hit by internet attack
Chinese web addresses ending in .cn went down for two hours on the morning of 25 August.
Online searches for insurance soar to 3.2m
Consumer online searches for insurance have been at their highest yet this year, digital marketing agency Greenlight has revealed.
Aon, Deloitte and Clyde & Co linked to rogue PI SOCA list
Aon, Deloitte and insurance law firm Clyde & Co have been named among the firms that appear on the Serious Organised Crime Agency’s list of organisations that used rogue private investigators, the Mail on Sunday revealed.
Major insurers to contribute to No Claims Discount database
Lexis Nexis Risk Solution has secured contribution commitments with major brokers and insurers that account for approximately 45% of the motor insurance market.
Telematics and mobile devices innovation trends to watch
More than 400 insurance-related patents were filed last year, with telematics products and use of mobile devices among the top trends, research from a London law firm has found.
Liberty Mutual Insurance expands commercial casualty team
Liberty Mutual Insurance has expanded commercial casualty team with two new appointments.
Liberty Mutual Insurance expands commercial casualty team
Liberty Mutual Insurance has expanded commercial casualty team with two new appointments.
Haste plotting swoop for Co-op's GI business
Former RSA boss Andy Haste has been linked with a private equity bid to buy the general insurance arm of Co-operative Group.
Yosemite wildfire scorches 225 square miles
A massive wildfire that started over a week ago has burned more than 140,000 acres of Yosemite National Park, according to catastrophe modeling firm AIR Worldwide.
Zurich group CFO Wauthier found dead
Zurich's group chief financial officer Pierre Wauthier was yesterday found dead in his apartment in Zug, Switzerland.