Insurer
Interview: Biba's Steve White: Bold beginnings
From ‘shouting’ at the regulator to outlining a new segmentation strategy, new Biba chief executive Steve White has already ruffled more than a few feathers in his first 100 days in the hot seat. He tells Post he’s started as he means to go on...
Website review: Confused: Is it time for an MOT for Confused.com?
Compuware evaluated the web performance of Confused’s car insurance website between 17 May and 19 June using Gomez’s performance benchmark.
View from the Top: Revealing the ‘us’ in customer focus
In order to regain the trust of our paying public we need to focus on their needs, not ours.
Insurers to start using IFR in coming months says ABI
The first insurers to sign up to the Insurance Fraud Register will begin using it in the next few months, the Association of British Insurers said today.
Yorkshire doctor in hearing over bogus whiplash claims
A Yorkshire doctor is appearing before a Medical Practitioners Tribunal Service disciplinary panel this week after assisting motorists in making bogus whiplash claims.
Lack of clarity leads Beazley to extend political violence policy
Beazley’s political risks team is extending its political violence policy to offer cover for physical damage during terrorist or insurgency actions caused by the police or security forces.
Kiln hires senior accident and health underwriter in Germany
Kiln has appointed Claudia Alaimo as senior accident and health underwriter for Europe.
PPI complaints falling but Ombudsman warns against complacency
The number of complaints being lodged over the mis-selling of payment protection insurance may have peaked, the Financial Ombudsman Service said this week.
Am Trust to buy Sagicor Europe
Am Trust Financial Services plans to acquire Sagicor Europe from Sagicor Financial Corporation in a deal worth approximately £57m.
Tokio Marine targets South-East Asia for growth
Japan's second largest general insurer Tokio Marine is looking to expand its presence in South-East Asia.
Halo launches car hire insurance sites in Spain and Holland
Car hire insurance firm Halo has launched into Spain and Holland having already established an online presence in the UK and Germany.
Quinn liquidators look to sue PWC for 'negligent accounting'
Quinn Insurance liquidators are suing PWC Ireland for €1bn (£863m), having accused the professional services firm of negligent accounting.
O’Roarke forecasts “barely acceptable” LV returns for 2013
LV’s managing director of general insurance John O’Roarke has said a combination of low investment return and falling premiums means the firm will struggle to hit targets for return on equity in 2013.
Former Co-op GI boss Neave named LV non-exec
David Neave has been approved as a non-executive director at LV, after leaving the Co-operative Insurance at the end of 2012.
Kelvin Curran to lead Temple board
Legal expenses insurer Temple Legal Protection has appointed Kelvin Curran to chair its board.
Benign cat year and subrogation help Hiscox’s profits soar
Hiscox UK’s chief executive Bronek Masojada has attributed the insurer’s record £34m profit before tax to an absence of natural catastrophes.
Loss adjusters allegedly hacked BT and British Gas for claimant information
An unredacted version of a report by the Serious Organised Crime Agency revealed British Telecom and British Gas were targeted by unlawful private investigators in a bid to obtain data to verify claims.
Kwik Fit MD Lynch to be replaced by Banwell on interim basis
Kwik Fit Financial Services managing director June Lynch is stepping down from the role after 16 years at the firm.
Jamie Kearney joins Miller’s marine team
Miller has recruited global cargo specialist Jamie Kearney to its marine team in a production and account handling role.
Fraud could drop by £100m by asking for honesty
Asking insurance customers to be honest could help reduce fraud by £100m, according to a research by Consumer Intelligence.
Ping An gains license to begin futures trading
Ping An Insurance Company of China has become the first insurance company on the Chinese mainland to trade stock index futures.
LV posts reduced H1 profit amid "weakening motor rates"
LV posted an operating profit of £43m for the first six months of 2013, down from £62m in the first half of 2012.
Aviva targeting Indonesian life deal
Aviva is reportedly seeking an an Indonesian life distribution deal with Astra International, a division of Jardine Matheson.
Hiscox posts 75% combined ratio for H1
Hiscox has beaten analyst expectations to post a combined ratio of 75% for the first six months of 2013.