Insurer
Axa’s whiplash proposals attacked for being ‘expensive and unnecessary’
French methods of using X-rays and MRI scans slammed by claimant bodies.
Rates drop as motor insurers anticipate legal reform windfall
Average car insurance premiums have plunged in the second quarter of 2013, following the implementation of key parts of the Legal Aid, Sentencing and Punishment of Offenders Act.
Fatal crash prompts calls for insurers to scrap nighttime driving curfews
Telematics providers are urging insurers to remove nighttime driving restrictions from their products, after a coroner cited a curfew as a factor in a fatal crash involving two teenagers.
RAC Foundation calls for overhaul of licencing system
The RAC Foundation has called the government to consider placing conditions on young drivers’ licences as a way of reducing fatal accidents among this age group by more than a half.
Editor's comment: A fork in the road
In 2008 when Aviva (then Norwich Union) shelved its pay‑as‑you‑drive model due to “poor take-up” after only two years in the open market, it appeared that the product had fallen at the first hurdle.
NFDA meets MP Evans about claims management companies
The National Franchised Dealers Association has aired its concerns about claims management companies’ behaviour in light of payment protection insurance mis-selling scandal to the chair of the All Party Parliamentary Group for Insurance and Financial…
Macau's insurers see profit surge
The Macau insurance industry saw profits of MOP509m ($74m) in 2012, nearly three times the profits in 2011.
HKFI responds to criticism from Consumer Council over travel insurance policies
The Hong Kong Federation of Insurers has welcomed a report by the Consumer Council into high-risk activities covered by travel insurance.
European insurers look to invest in illiquid asset classes
European insurers are increasingly looking to invest in more illiquid asset classes, including private loans, as low rates and new regulations bite, Moody's said today.
UK driverless car trial planned for 2013
A trial of driverless cars is set to be launched onto UK roads later this year, the Department for Transport has announced.
Penny Black's Insurance Week - 18 July 2013
For outgoing Allianz boss Andrew Torrance, his last day in the office on the 5th July , gave him a taste of what he might expect next year on the 4th July.
Penny Speed Meets... John Dyke, personal lines managing director, Zurich
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…
Insurance women recognised at awards
Axa and Xchanging were both represented at last week's Women in the City's Future Leaders Award.
Career development: Allianz offers more scholarship places
Allianz's scholarship programme is offering more places for brokers looking to achieve their Chartered Insurance Institute diploma in insurance.
Market Moves: Insurers at the forefront in recruitment market with major hires
Insurers took centre stage in the recruitment market this week, with hires coming thick and fast from the top down. A new chief executive was named at Torus to coincide with the firm’s sale to Enstar, while at Antares a political risks manager and a non…
Vision 2020: Full steam ahead
Despite the report fading from memory, the insurance industry is still on track when it comes to achieving Vision 2020’s key aim to progress the industry
Hiscox’s purpose built York development to create 500 jobs
Hiscox will be recruiting up to 500 people for its £19m purposed built office building in York.
Independent Broking: Back to basics
With tough times facing the industry, insurers and brokers have to embrace their traditional roles to be successful
Ecclesiastical recruits former Brit CEO
Specialist insurer Ecclesiastical has today announced the appointment of Ray Cox to its group management board, effective from 1 August.
Telematics: Ask the experts
Insurers should be wary of rushing into the telematics market alone – pricing, legacy technology and cost mean collaborating may be a wiser strategy.
Hardy hires Thomas in non-exec role
Lloyd’s insurer Hardy has appointed a former Willis risk management leader and insurance solicitor to join its board as a non-executive director.
In Series: Claims: Don’t let go
Firms that go the extra mile to ensure customers feel valued at all points of interaction will reap the benefits when it comes to renewal.
In Series: Claims: Problems shared
In a price-sensitive environment, can claims service with an emphasis on communication play a role in retaining customers?
Interview: Steve Langan: Onwards and upwards
Concerned that the wider industry is dangerously out of touch when it comes to technology, servicing customers and advertising, Hiscox UK managing director Steve Langan tells Post how his firm keeps up with the times.