Insurer
Miliband urges industry to stick with Europe
Europe will deliver a competitive advantage for businesses, former foreign minister David Miliband has claimed.
Biba 2013: Brokers urged to put multinational programmes ‘on the table’
Brokers need to put multinational programmes “on the table” when speaking with clients about their insurance options, according to Stephen Morton, vice president, multinational centre of excellence at AIG.
Mass welcomes the government's ‘reasoned’ approach to whiplash
The Motor Accident Solicitors Society has welcomed the government’s decision to defer the publication of its response to the whiplash consultation until the Transport Select Committee whiplash inquiry finalises.
Xchanging appoints acting chief adjuster
Xchanging has announced Smanatha Oliver will fill the role of acting chief adjuster for professional and financial lines when Dennis McEleney departs next month.
BPF welcomes extension of flood agreement
The British Property Federation has welcomed the insurance industry’s decision to continue to offer flood insurance cover for a month beyond the end of the current agreement with the government.
This week's Asia highlights
Here are the top five highlights from Insurance Insight's Asian coverage this week.
Biba 2013: Brokers urged to put multinational programmes ‘on the table’
Brokers need to put multinational programmes “on the table” when speaking with clients about their insurance options, according to Stephen Morton, vice-president of the multinational centre of excellence at AIG.
ABI agrees UK flood cover extension
The Association of British Insurers today confirmed to the government that they will continue to voluntarily meet their commitments to offering flood insurance for an extra month after the Statement of Principles expires on 30 June.
Biba 2013: Insurers weigh up Biba risk transfer model
The British Insurance Brokers' Association is working with Deloitte and DAC Beachcroft on proposals to safeguard risk transfer for brokers, according to chief executive Steve White.
Allianz to underwrite Drive Style motor offering
Allianz is to exclusively underwrite a new proposition from Drive Style Insure that bases the premium on each individual’s driving behaviour.
Biba 2013: Allianz boosting broker academy
Allianz is to expand its broker academy programme to offer training to personal lines brokers, Post can reveal.
ABI pushes Flood Re proposal as SoP extended
The Statement of Principles has been extended by one extra month while discussions over the long term solution for flood risk cover between the insurance industry and government continue.
Amlin announces Antwerp redundancies
Amlin Europe has announced “a small number” of redundancies at its Antwerp office.
GWP up at Amlin's London operation
Amlin’s gross written premium increased 7.1% to £1.54bn for the four months ending 30 April 2013 compared to the same period in the previous year (30 April 2012: £1.44bn).
Zurich reports 7% fall in group income while UK operating profit rises 54%
Business operating profit in Zurich’s UK general insurance business increased by 54.1% to £34.7m in the first quarter of the year, compared to the same period in 2012 (Q1 2012: (£22.6m). The combined operating ratio improved to 96.5% (Q1 21012: 100.8%)…
Aviva reports drop in NWP
Aviva has reported a 5% reduction in net written premium across its UK general insurance operation to £923m in the first quarter of 2013 (Q1 2012: £974m) while group GWP fell 2% to £1.2bn (Q1 2012: £1.7bn).
Biba 2013: New cloud computing venture targets insurers and MGAs
Insurer Cloud Services today launched The Insurer Cloud, a new venture aimed at insurers and managing general agents.
Scor GWP rises 3.9% in Q1
French reinsurer Scor posted net income of €111m in the first quarter 2013, up 7% on the same period in 2012.
Ageas to become sole provider for over-50s intermediary brands
Ageas-owned over-50s specialist intermediaries Rias and Castle Cover are moving from using a panel of insurers for home and motor products to a solus arrangement with sister business Ageas Insurance.
ABI: insurers want to offer straightforward services
The Association of British Insurers has said insurers are keen on offering products that are easy to understand and a straightforward claims process.
Towergate interest payments come down and debt maturity extended to 2018
Towergate Insurance has today announced the completion of its refinancing, following the closing of its bond offering.
Post Magazine - 16 May 2013
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Biba 2013: FCA boss promises to take hard line on problem products
Industry players have been warned to “get their houses in order” by Financial Conduct Authority chief executive Martin Wheatley, who has vowed to deal with potential problems with financial products before they take root.
Markerstudy eyes up acquisitions and unveils claims management solution
Markerstudy has combined three of its most recent acquisitions into a new integrated FNOL and claims management solution called Synchronicity.