Insurer
Ferma elects four to board
The Federation of European Risk Management Associations has named four board members at its general assembly.
Zurich promotes Davies to lead global marine underwriting
Zurich has appointed Mike Davies as global head of marine underwriting.
RSA appoints global network boss Hart from QBE
Former RSA manager Chris Hart is returning to the insurer as global network manager.
Groupama sees thousands of flood claims as France declared natural disaster zone
Groupama has received around 16 500 flood claims following devastating floods in southwest France.
Saulter to start as Davies Group CEO in July
Dan Saulter will take up his role as chief executive of Davies Group on 1 July.
Re-worked 'Flood Re' expected to be laid out in imminent Water Bill
Details of the Association of British Insurers’ long-awaited flood risk solution are expected to come into focus this week following a government spending review and the introduction of the Water Bill.
Career development: Ecclesiastical's community work recognised by major award
Ecclesiastical has become one of only four UK companies to be awarded the Community Mark this year.
Career file - Craig McLaughlin: McLaughlin leaves Allianz for Ecclesiastical role
Ecclesiastical has appointed Craig McLaughlin as casualty technical manager from Allianz, where he held the role of casualty risk control manager.
Market Moves: MGAs make a raft of recruitments as broking is unusually placid
Exits and entries were once again high on the agenda this week as a number of managing general agents, including Argenta and UK General, unveiled a host of high-profile appointments. While the broking sector was uncharacteristically quiet, Mitsui…
Insurance firms warned about 'failing' social media strategy
Insurance companies have been found to be lagging behind other businesses in terms of customer expectation of communication via mobile technology and social media.
IFoA president calls for “ramped up” role for actuaries
Actuaries can play an increased role in business and public policy, the incoming president of the Institute and Faculty of Actuaries has said.
Penny speed meets... Olga Smith
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…
Penny Black's Insurance Week - 27 June 2013
Penny loves to moan and complain, so she was thrilled this week to hear of one complaint a telematics firm received from an elderly customer who was unable to install their new black box.
View from the Top: How flexible are you?
Insurers must have adaptable IT systems in place if they are to keep up with the rapid pace of change, says Peter Thompson.
View from the Top: Specialist insurers must up their game
The quota share, that simplest of arrangements where premiums and claims are split by the parties in a pre-agreed fixed proportion, is losing its innocence.
Tesco Bank launches telematics offering
Tesco Bank has launched a telematics product for drivers aged 17 to 25. The product is administered by Insure The Box and underwritten by Catlin and Great Lakes Reinsurance.
SMEs feeling positive about business Axa survey finds
Eight out of 10 UK SMEs are feeling positive about the state of their business, according to a survey by Axa.
View from the Top: Three’s the magic number for FCA
Principles, accountability and proportionality are the essential elements for effective industry regulation, says Peter Hubbard, Group chief executive, UK General Insurance.
Norwich-based broker becomes 35th Brokerbility member
Norwich-based broker Knowlden Titlow Insurance Brokers has joined Brokerbility’s membership ranks.
Autonet reports decline in young van drivers’ premiums
Figures by Autonet Insurance show premiums for younger generation of van drivers have dropped down further from last year.
XL Group unveils new head of capital management
XL Group has appointed Philip M. Jacobs as global head of capital management, corporate development and tax.
Report incriminating insurers in phone hacking to be re-examined
The Home Affairs Committee is due to meet later today to discuss the possibility of questioning the Serious and Organised Crime Agency over a leaked report into the use of private investigators by insurance, law and telecoms firms and their links to…
Changing climate brings 'new normal', says Geneva Association
The Geneva Association, a leading think tank of the global insurance industry, is worried some areas in the world are becoming uninsurable because of climate change.
Clausen Miller recruits Drake as non-contentious specialist from Ashurst
Insurance law firm Clausen Miller has appointed a non-contentious insurance specialist Jonathan Drake from Ashurst.