Insurer
News Review: Winslow promoted in BGL reshuffle
Peter Winslow has been promoted to executive chairman of BGL Group and will be succeeded as chief executive by chief operating officer Matthew Donaldson, effective from 1 July.
Penny Black's insurance week
Penny is always fascinated to hear about different forms of claims settlement, so was intrigued to learn LAS Claims Management issues so-called Tuxedo Cards where requested by claimants.
View from the Top: Going back to basics
Accidents shouldn’t be seen as an opportunity to make money, but to provide a quality service, says James Reader.
Interview: Vinicio Cellerini: On top of the world
After 27 years at the firm, Zurich UK global corporate chief executive Vinicio Cellerini explains his is the best job in the company – and that the CEO should be jealous.
Your say: Don’t tar all fraud staff with the same brush
I applaud the Financial Services Authority’s interest in how insurers use private investigators.
Your say: Investigators aren’t the villains
I find the Financial Services Authority’s thematic review into the insurer-investigator relationship a curious exercise.
Market Moves: McPherson leaves A&A Group after 28 years, while Allianz looks to African growth
It was a relatively quiet week for the industry as appointments within the broking sector – a regular hive of recruitment – were few and far between, with the only notable activity in the sector coming in the form of the departure of veteran A&A Group…
Technology: Get smart, get appy
Insurers are widely considered to be slow adopters of new technology, but how do they fare in the world of mobile apps?
Comment: Power struggle
CEOs and CIOs are often at loggerheads when it comes to investing in new software, but this must change, says Andrew Binns.
Kidnap & Ransom: Forewarned is Forearmed
With instances of kidnapping for ransom on the rise in certain parts of the world, it’s more important than ever for firms to ensure they have adequate cover.
Metal Theft: Copper and Robbers
New legislation promises to make life tougher than ever for scrap metal thieves and ease the demand on insurers – but why is the market unconvinced it will be effective?
Industry divided over Eiopa's Solvency II guidelines
Industry players have been divided in their response to the draft Solvency II guidelines released by the European Insurance and Occupational Pensions Authority.
General Atlantic acquires close to 30% of Hyperion shares
The Hyperion Insurance Group has signed an initial agreement with General Atlantic, which will see the global growth equity firm acquire just over 30% the international broking business' shares.
Bought by Many seeks insurer partner for flood cover plan
Insurance intermediary Bought by Many has launched a home insurance proposition for areas at significant risk of flooding.
Early implementation of SII elements 'burdensome' for UK firms
The European Insurance and Occupational Pensions Authority has published four consultation papers containing guidelines on the elements of Solvency II that it wants national supervisors implemented by national supervisors from 1 January 2014 on a "comply…
Post magazine – 28 March 2013
The latest edition of Post magazine is now available to subscribers as a digital and interactive e-book.
Aviva ceases to write SME PI as part of ‘tough action” on unprofitable lines
Aviva is ceasing to write professional indemnity insurance for SMEs as part of a bid to “take tough action on lines of business that are not delivering profitable returns”.
Paterson takes reins as Walsh steps down from Walsh PI
Bob Paterson will take over the leadership of the Walsh PI team as managing director founder Mike Walsh steps down from the role.
Need for robust flood solution 'more urgent than ever' says AA
Finding a way to ensure continuing insurance cover for homes at risk of flooding is ‘more urgent than ever’ according to the AA.
Captives: Eastern promise
Chinese companies are mulling over the idea of captives as a risk management tool and it seems that the trend might spread to Eastern Europe. Anna Pitton investigates.
Post Blog: Anti-social media
The insurance industry has been urged to improve its use of social media but should it bow to the pressure? Ian Hughes explains.
FSA fines Prudential £30m and censures CEO over AIA deal
The Financial Service Authority is set to fine Prudential £30m and censure its chief executive Tidjane Thiam, for failing to report the AIA acquisition plans to the regulator.
Marsh calls for review of claims handling ahead of Laspo
A review of claims handling procedures is needed as legislatory changes coming into force next week will change liability requirements.