Insurer
Bluefin makes branch hires in Bath and Northampton
Bluefin has appointed Ian Sandham as the branch director of its Bath office and hired Daniel Sweeting as a schemes account executive in Northampton.
Lancashire appoints new head of energy and marine
Lancashire Holdings has appointed James Flude as head of energy & marine for its UK operation.
Airmic’s basis contract clause campaign bolstered by heavy hitters
Lloyd’s market remains reticent to address elimination of avoidance clauses.
Q&A: Andy Watson: Happy days
Andy Watson reflects on his short time in charge of Ageas UK and discusses market issues, including the referral fees ban, regulation, telematics and recent job cuts in the sector.
United India cleared on market abuse claims
India’s competition commission has rejected claims of abuse of dominance against United India Insurance and its third party administrator E-Meditak in medical insurance market.
Haste tipped for the top at Lloyd’s as insiders claim job ‘is his for the taking’
Ward praised for maintaining strength of market during tenure.
Leaders eager to distance themselves from rogue investigator allegations
Calls to name firms from leaked Leveson report forces industry to soul search.
Indian regulator ramping up analytics focus
India’s Insurance Regulatory and Development Authority is to launch a new information office for the collection and analysis of data from insurers, according to reports.
Solicitors offered unrated insurer carriers despite solvency concerns
Déja vu as Balva-like unrated carriers on brink of taking market.
Editor's comment: The spectre of Spitzer returns
In 2004, the US insurance broking industry came under attack as then New York Attorney General Eliot Spitzer declared war — with allegations of kickbacks, rigged bids for insurance contracts and opaque practices, including contingent commissions.
General Atlantic concludes purchase of Hyperion shares
Hyperion Insurance Group has completed a deal with General Atlantic in which the global growth equity firm acquired around 30% of the group's shares.
Penny Black's Insurance Week - 11 July 2013
Penny is used to rubbing shoulders with leading lights, but was surprised to come face-to-face with a TV star at the International Underwriting Association’s summer party on Thursday.
Penny Speed Meets: Jason Smart, group chief executive officer, Elite Insurance Company
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…
Ask the Expert: Talent must be nurtured to keep it
Almost three-quarters of insurance professionals are happy with the progress of their careers, making them the most contented employees of any sector in the UK when it comes to professional progression. The UK average is just 38%.
Market Moves: High-profile moves come to the fore at Bluefin and Covéa, while Markel hires two
Another hectic week saw the usual suspects come to the fore with high-profile moves at Bluefin seeing the broker’s CEO stepping up to the role of executive chairman, while at Covéa a new SME leader will be reunited with a former Brit colleague who joined…
Loss adjusting Regulation: If it ain't broke
Loss adjusters claim they are already monitored closely but should they face formal regulation like the rest of the insurance industry?
Employment: Port in a storm?
Does the insurance sector’s resilience in a difficult economic climate make it a safe haven for employees, or are industry staff in as much peril as the rest of the UK workforce?
UK General Insurance launches lifestyle product with Gibraltar-based company
UK General Insurance has launched a lifestyle excess product in partnership with Gibraltar-based insurer Enterprise Insurance Company.
Wheatley to declare FCA will be “a very different animal”
Financial Conduct Authority chief executive Martin Wheatley will today pledge to the Association of British Insurers that the new regulator is “a very different animal to the Financial Services Authority.”
In Series: Claims: A step ahead
The industry must work together in the fight against insurance fraud.
L&G's Wilson: Insurers must invest in housing
Legal and General group chief executive Nigel Wilson has called on the insurance industry to help mitigate the UK’s housing problems by investing in the sector, while also helping to match long term assets.
In Series: Claims: Investigating the investigators
What will the FCA’s examination of insurers’ use of private investigators uncover – and will it affect industry efforts to combat fraud?
Former Allianz director Stratford passes away
Retired former Allianz Insurance finance director George Stratford passed away at the weekend.