Insurer
Capita and XL back Lloyd's-based Shariah-compliant start-up
A Shariah-compliant underwriting agency has been launched in the London market with the financial backing of Capita and the Bank of London & Middle East, and capacity provided by XL.
Bluefin Professions unveils quartet of hires
Bluefin Professions has made four appointments in the form of broking director Bobby Payne, account manager Adam Burton and account brokers Nick Wakefield and Alison Pugsley.
Quindell revenue rises 904% in 2012
Quindell Portfolio has reported a 904% year-on-year increase in revenue to £137.6m (2011: £13.7m) while pre-tax profit increased by 915% to £41.2m (2011: £4.1m).
Hiscox UK reports Q1 GWP up 8.5%
Growth in luxury motor and professional indemnity business has seen Hiscox’s UK operation report improved gross written premiums for the first quarter of 2012, rising 8.5% on last year.
Broking Supplement: Terms of Business Agreements - On our terms
The ABI and Biba got together at last month's Broker Insurer Forum to agree a standard Terms of Business Arrangements template. Post finds out what impact it will have on the industry.
Broking Supplement: Networks - Joined-up thinking
Networks may give a bigger voice to small and medium-sized brokers - but after 20 years is the model still valued by insurers?
Broking Supplement: Relationship Management - One for all...
The challenging economic environment means brokers and insurers need to take a mature and realistic approach if their relationships are to survive.
Axa Q1 revenues grow 3%
Axa revenues grew 3% to €28.9bn ($37.8bn) in the first quarter of 2013.
Plexus Law to merge with Greenwoods
Defendant insurance firms Plexus Law and Greenwoods are expected to merge in a deal to be completed in mid-May.
New India Assurance warns over government Iran oil cover
The government owned insurer has warned that an energy insurance pool to cover oil imported from Iran might not be sufficient.
Information needs drive better claims management, says DCS Global MD
The need for more sophisticated management information is putting claims management at the forefront on insurance business, according to Jon Sitwell, managing director of Asia Pacific at DCS Global.
Portuguese state bank to shed insurance arm
The insurance arm of state-owned Portuguese bank Caixa Geral de Depositos is to be privatised by the end of the year. P
Insurers could be hamstrung by France's new consumer law
A new consumer protection law is set to give French insureds greater flexibility over policy cancellation.
DLG boss expects reforms to prompt limited benefit in tough market
Direct Line Group chief executive Paul Geddes has vowed to adopt a conservative outlook on legal reform within the motor market and has suggested financial gains will be enjoyed by consumers as opposed to insurers.
AIG targets London market as it reveals its 2012 results
AIG UK is past its crisis and ready to hit the London market hard, according to its UK managing director Nicolas Aubert.
Hiscox pairs with Abbeyfields in wedding cars scheme
Hiscox and broker Abbeyfields have come together to launch a new niche cover for wedding car hire.
General Legal Protection steps into lettings market
General Legal Protection has launched a landlord rent guarantee insurance product designed for the letting agent market.
Aviva undertakes overhaul of external legal panels
Aviva is inviting law firms to pitch for a place on its global and UK panels as part of an overhaul of the insurer’s external legal advice set-up.
Post Blog: Upwardly Mobile
How can insurers make the most of mobile technology? Sachin Khatri explains.
Competitive motor market sees GWP at DLG slide 4.5%
Tough market conditions have been identified as the root cause behind a 4.5% slump in the Direct Line Group’s gross written premium for ongoing operations in the first quarter of 2013.
Euler Hermes signs trade credit insurance agreement with HSBC
Euler Hermes is to become the exclusive supplier of trade credit insurance to HSBC's commercial banking customers.
Dual revamps senior management team
Hyperion Insurance Group’s underwriting arm Dual has made three senior appointments within its UK operation.
SRA chief Townsend to step down
Solicitors Regulation Authority chief executive Antony Townsend will leave his role later this year.
Ex-Groupama claims director Wills joins Nationwide accident repair firm
Former claims director at Groupama Insurances, Darren Wills, has been appointed operations director of Nationwide Network Services’ accident management division.