Insurer
Admiral unveils plans to expand US business
Admiral has defended its £90.7m net ancillary income claiming referral fees played a minor part in profit and have branded personal injury lawyers’ as the “root cause” of the problem.
Ex-Swiftcover CEO Blowers back with new online start-up - Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories which include online insurance broker Qmetric has been granted full Financial Services Authority approval and is said to be a “few weeks” away from adding three major…
Young Marmalade uses telematics to cut cost of car insurance
Young Marmalade bosses claim to have slashed insurance premiums for young drivers by 17% after introducing in-car ‘black box’ technology.
Aviva launches new online brand Quote Me Happy
Aviva today introduced a brand for internet shoppers who prefer to shop on price comparison sites and manage their insurance online.
Willis and Ace Europe claim London Market e-accounting first
The London-based operations of Ace and Willis today announced the successful launch of a full electronic accounting process between the two companies - a London Market Group (LMG) non bureau project first.
Ageas states commitment to commercial lines
Speaking following the release of its half year results for 2011, which saw the insurer report a profit of £23.7m, Barry Smith, chief executive of Ageas UK, told Post that whilst the growth in commercial is “encouraging” there is still a lot more to do.
Willis and Ace Europe claim London Market e-accounting first
The London-based operations of Ace and Willis today announced the successful launch of a full electronic accounting process between the two companies - a London Market Group (LMG) non bureau project first.
Magnitude 5.8 earthquake strikes Virginia
According to catastrophe modeling firm AIR Worldwide, the largest earthquake to strike Virginia in more than a century rattled buildings in downtown Richmond and caused evacuations across the east coast.
Post Office names head of insurance
Post Office Financial Services has confirmed the appointment of Rob Clarkson as its new insurance director.
Ace makes double environmental appointment
Ace has appointed Robert Wade and Hayley Dixon as underwriters in its environmental liability team.
Admiral shares fall 7.5% in early trades
Admiral shares was the biggest loser on Britain's benchmark FTSE 100 index in the first two hours or trading this morning.
Towergate makes corporate department addition in Perth
Towergate Insurance has today unveiled the appointment of Scott Brown, who moves to the firm from Giles Insurance Brokers.
Ageas UK reports £23.7m H1 insurance profit
Ageas UK has reported total income up 84.5% to £882.0m for the first six months of 2011 compared to same period 2010.
Admiral sees 38% jump in ancillary profit as it records £160.6m PBT at H1
Admiral has recorded a profit before tax at £160.6 million for the first six months of 2011, 27% ahead of H1 2010, while turnover rose 53% to £1.1bn.
Ex-Aviva CEO Snowball extends Suncorp contract until 2015
Suncorp Group Limited today announced chief executive Patrick Snowball would move from a fixed term employment contract to a rolling contract.
Zurich snaps up former Chubb HNW staff
Zurich has appointed Lennox Bunting as London market manager and Alan Gorman as senior development underwriter to the insurer’s private clients’ new London team.
G Cube increases wind and solar capacity
Renewable energy insurance specialist G Cube has increased its underwriting capacity for wind and solar projects to $680m (£411.3m).
Motor insurers ease cover rules for volunteers
Motor insurers have given the green light to volunteers who want to use their cars to help out their local communities by promising not to charge extra premiums.
Aim targets brand development with sales appointment
Aim Legal Expenses Insurance Services has appointed Ian Meachin as sales manager - as part of a push into broadening the firm's reputation among brokers, intermediaries and the automotive sector nationwide.
Duo launch psychological professionals scheme
Insurer Ecclesiastical and Oxygen Insurance Brokers have unveiled a new tailored home insurance scheme for psychological professionals.
European insurers adopt Dataflux technology
Nine European insurance firms have adopted Dataflux technology to help underpin their Solvency II data management initiatives.
Elite appoints new London boss
Legal expenses insurer Elite has named Mike Payne the general manager of its London office.
Zurich names global media relations head
Zurich Financial Services Group has appointed Maeve Gallagher to the role of global head media relations, with effect September 1, 2011.
AGCS names financial institutions chief
Allianz Global Corporate & Specialty has appointed Sue Yen Leow as head of financial institutions for the UK.