Insurer
Zurich appoints group HR head
Zurich Financial Services Group has appointed Peter Wright to the position of group head of Human Resources, effective 21 February.
Zurich appoints group HR head
Zurich Financial Services Group has appointed Peter Wright to the position of group head of Human Resources, effective 21 February.
RSA embroiled in legal row over ‘new credit hire’ – Insurance News Now – 17 February 2011
Post news editor Mairi MacDonald outlines this week’s major general insurance stories including how RSA has become embroiled in a legal spat with Provident over subrogated motor repair costs.
Arista appoints fleet underwriter
Commercial lines underwriting specialist Arista Insurance has appointed Genna Ryan as senior fleet underwriter in the South-west.
Legal costs "gravy train" costing UK consumers £2.7m every day
The Association of British insurers has said that it is time to put the “brakes on the legal costs gravy train” that is costing UK consumers £2.7m every day.
Recruitment specialists complete merger
Specialist recruitment insurance firms Dallas Kirkland Professionals and Giles Recruitinsure have merged.
Auto Windscreens insurer clients jump ship to rivals
Insurer partners of Auto Windscreens have admitted they are moving immediately to rival providers after it emerged the firm had been placed into administration.
Achilles receives FSA and Lloyd's go-ahead for Brit takeover
The Financial Services Authority has today given formal notice of its approval in respect of Achilles' acquisitions of Brit Insurance.
Jubilee “focused on growth” amid sale rumours
Lloyd’s insurer Jubilee has claimed that it is focusing on its future growth amid speculation that the company is up for sale.
Hyperion chair: IPO on track after 41% leap in EBITDA
Hyperion, the international insurance and re-insurance distribution group saw revenue increase 26% to £72.2m (2009: £57.2m) and EBITDA, excluding non-recurring items, rise by 41% to £12m (2009: £8.5m) for the year ended 30th September 2010.
Hyperion chair: IPO on track after 41% leap in EBITDA
Hyperion, the international insurance and re-insurance distribution group saw revenue increase 26% to £72.2m (2009: £57.2m) and EBITDA, excluding non-recurring items, rise by 41% to £12m (2009: £8.5m) for the year ended 30th September 2010.
Brit share deal extended for seventh time
The deadline by which Brit shareholders can accept or decline Achilles offer for the company has been extended yet again.
People moves – 17 February 2011
A round-up of people moves and new appointments in the industry, as featured in the 17 February 2011 edition of Post.
Equinox Global announces two senior hires
Equinox Global has announced two new senior appointments. Gauray Ganguly has been recruited to head risk strategy, and Marian Berden takes up the role of senior credit and macro analyst at the trade credit insurer.
Government "failing to see bigger picture" on justice reform
President of the Association of Personal Injury Lawyers, Muiris Lyons, is set to announce that the reforms of the civil justice system which focus on costs, fail to consider the “bigger picture” for injured people.
Court rules on Bent credit hire re-trial
Cambridge County Court has ruled that the £63 000 in credit hire fees claimed by Darren Bent following a road traffic accident could have been at least £20 000 lower if the Premier League footballer shopped around.
Auto Windscreens calls in administrators after cash flow problems
Auto Windscreens, which replaces and repairs vehicle glass, has entered administration just over two years after it was sold by Aviva.
Martin Shepperson joins Tokio Marine Europe
Tokio Marine Europe has appointed a new member of staff in its Birmingham office.
Hiscox accuses claimant law firms of "manipulating" legal costs
Hiscox has accused some claimant law firms of “manipulating and inflating costs" in defamation and privacy cases.
Jackson Review: Thompsons warns of recoverability “threat”
Thompsons Solicitors has warned that ending the recoverability of success fees will have a “hugely negative” impact on claimant lawyers.
Insurers tighten belt on business claims
Claim Experts has called on policyholders to take simple steps to improve the chances of a full payout if disaster strikes.
Cutting legal aid and restricting CFAs would create a “perfect storm”
The Association of Personal Injury lawyers has responded to the government’s consultations on legal aid and civil litigation funding and costs, which both close today.
Exeter Family Friendly adds products to Insurance Resource portal
Private medical insurer Exeter Family Friendly has made its ‘Health Cover for Me’ plan available on intermediary portal Insurance Resource.
Aviva agrees online trading deal
Online wholesaler Policyfast has struck an exclusive deal to provide Aviva Homework cover through the broker market.