Insurer
LV wins caravan broker account from Zurich
LV Broker has struck an exclusive deal with Caravanwise, ending the intermediary’s previous deal with Zurich.
Congregational & General appoints new non-execs
Congregational & General Insurance has appointed Edward Jenner and Robert Wade as non-executive directors to its board following approval from the Prudential Regulatory Authority.
Post Intelligence – company profile: Kraft Foods
In October 2012 Mondelez International spun off Kraft and it listed on Nasdaq. Valued at around $32bn, Kraft has implemented a restructuring programme to help it survive as a standalone company.
Post Intelligence – company profile: Yum Brands
Yum has nearly 37 000 restaurants globally, including Taco Bell, KFC and Pizza Hut.
Post Intelligence – company profile: Eli Lilly and Company
Some of the Groups major drugs will all lose patent protection between 2011 and 2013.
Post Intelligence – company profile: Lenovo Group
With revenues touching $34bn, Lenovo is said to be the second largest PC vendor in the world.
Post Intelligence – company profile: ExxonMobil Corporation
ExxonMobil plans to double its exploration acreage and to invest about $190bn over the next five years.
John Lewis Insurance launches £5m ad campaign
John Lewis Insurance has launched its first advertising campaign promoting its home insurance products at a cost of £5m.
Zurich chief urges action not 'rhetoric' on commerical lines
Zurich’s UK chief executive officer Steve Lewis has urged insurers to ensure their actions reflect their words when it comes to commercial lines rates.
Scotland’s future – financial services regulation
Among the questions Scotland's independence referendum raises for the insurance industry is how financial services would be regulated if Scotland votes for independence in September 2014.
Post Intelligence – company profile: Citic Securities Company
China based Citic Securities is a listed financial services company with revenues of circa £1.4bn.
Post Intelligence – company profile: Standard Chartered Bank
With an operating income of $19bn the Group is targeting double-digit income growth. Standard Chartered is looking to bolster its wealth management presence in India through acquisitions.
APU warns against 'flash-for-crash' scam
The Asset Protection Unit is warning against a new motor insurance scam coined “flash-for-crash” where fraudsters flash their lights to give other drivers the right of way and then crash into them on purpose.
Post Intelligence – company profile: Geely Holdings
A name becoming more prevalent in the UK since taking over Manganese Bronze, the maker of the infamous 'London Black Cab'.
View from the Top: Expect profits to be squeezed in Asia
An economist from trade credit insurer Euler Hermes gives a perspective on how weak global demand is impacting Asia's trade prospects.
Google and insurers to speak at Data & Analytics Asia
Insurance Insight is delighted to confirm speakers from Google, Prudential, RSA, HSBC, Zurich and many more companies are attending the Insurance Data & Analytics Asia event in Hong Kong on 26 September.
Motor offence reforms 'not tough enough' claim AA members
The vast majority of drivers surveyed by the AA believe motor offence reforms that bring the fixed penalty for driving without insurance up from £200 to £300 are not stringent enough.
Post Intelligence – company profile: Ford Motor Company
Signs are that Ford is on the road to recovery with revenues of $134bn and a net income of $5.7bn.
Post Intelligence – company profile: Hewlett-Packard Company
Hewlett Packard Company continues to struggle to turn its fortunes away from hardware to software. As part of a restructuring programme HP expects to lose 29,000 staff.
PIA re-brand sparks double MD hire
The decision to re-brand Professional Insurance Agents as Business Insurance 247 has seen the firm promote two new managing directors.
Applied systems targets product innovation following Insurecom deal
Applied Systems hopes to bring a range of new products to the UK insurance market following its acquisition of UK-based software business Insurecom.
PostCast - Issue 2 - 15/22 August
The team discuss the news, features and interviews from the 15/22 August edition of Post Magazine. Hosted by Post editor Stephanie Denton.
Aon and QBE extend solicitors' PI reach following XL market cutback
Aon Risk Solutions has extended its exclusive arrangement with QBE Europe for solicitors’ professional indemnity to include one to three partner firms.
Power Place reinforces broker commitments with double hire
Power Place has added two regional broker account managers to its business development team in the form of Steve Lacey and Daniel Sandbrook.