Insurer
View from the top: Positive and purposeful
It's always good to get an opportunity to see familiar and new faces, and the British Insurance Brokers' Association conference never lets you down. The number of brokers attending was again very strong and the networking opportunities were second to…
Comment - Motor Fraud: The right result
Operation Genarch finally came to a conclusion last month after four years. Mihir Pandya details the investigation strategy, the challenges faced and lessons learnt.
Evolution online deals
Evolution Underwriting Group has launched an initiative offering exclusive deals on a range of online products from Cardinus Risk Management.
Broker channel promotion
The British Insurance Brokers' Association has called on other insurers to promote their broker distribution channel, following Aviva's successful advertising campaign.
Towergate boss keen on flood pool plan
Towergate executive chairman Peter Cullum has called on the new government to provide underwriting capacity for properties built on flood plains.
Six underwriters join NIG
NIG has attracted six new area underwriters.
Go Compare adds 82
Comparison site Go Compare has added 82 new insurance brands to its panels in the last year.
Insurance Charities launches Big Balloon Day
The Insurance Charities has launched a fundraising initiative aimed at the insurance industry. The Big Balloon Day scheme aims to raise awareness and funds for by organising events using branded balloons creatively.
KGM offers motor hope
Last week, the British Insurance Brokers' Association conference saw the great and good of the UK general insurance market descend on the Excel Centre in London's Docklands to network, socialise and swap ideas about where they see the market going.
Aviva trains sights on specialty lines
Aviva's new chief underwriting officer Axel Schmidt has revealed a wide-ranging plan to broaden its risk appetite by concentrating on areas it is currently under strength in, including local authority insurance.
RBSI may put off full review until 2011
Royal Bank of Scotland Insurance is considering extending the contracts of its loss adjusting panel until July 2011 rather than launching a full review this summer.
Allianz First Direct deal
Allianz Corporate Partner has secured a three-year deal with First Direct, part of HSBC Group, to provide mobile phone insurance for First Direct's 70 000 account holders as of 1 June.
Aviva director leaves
Aviva has confirmed that Brigid Murphy, director of regional brokers for the UK general insurance business, will leave in June.
Quinn administrator biding time over redundancies
The true level of take-up for the offer of voluntary redundancy among Quinn Insurance staff may not be known until the second week of June.
Irish regulator warns of post-crisis surpervisory scepticism
The Financial Regulator, Matthew Elderfield, has warned Irish insurers that he will be more interventionist, rather than wait for a market failure to manifest itself and then cautiously weigh up the costs and benefits of a response.
Chartis, QBE and Dual back £1bn GWP private equity start up
The British Private Equity and Venture Capital Association has today launched BVCA Insurance Services to help members and their investee companies with their insurance needs.
UK actuary bodies confirm merger
Members of the Faculty of Actuaries in Scotland and the Institute of Actuaries have voted in favour of resolutions to merge the two organisations to form the Institute and Faculty of Actuaries.
Lloyd's: Deepwater and Chilean earthquake bill could top $2bn
Lloyd’s announced today that it estimates its net claims before tax from the earthquake in Chile to be in the order of US$1.4bn.
Irish regulator warns of post-crisis surpervisory scepticism
The Financial Regulator, Matthew Elderfield, has warned Irish insurers that he will be more interventionist, rather than wait for a market failure to manifest itself and then cautiously weigh up the costs and benefits of a response.
Lloyd's: Deepwater and Chilean earthquake bill could top $2bn
Lloyd’s announced today that it estimates its net claims before tax from the earthquake in Chile to be in the order of US$1.4bn.
Met office predicts active hurricane season
Early indications show it could be an active year for the North Atlantic tropical storm season, according to The Met Office’s initial forecast for the season, expected within the next month.
Ex Zurich boss named Italian CEO
Francesco La Gioia has been appointed the new CEO of Helvetia Italy.
Transatlantic demands $350m arbitration from AIG
AIG’s former reinsurance unit, Transatlantic Holdings, filed a demand for arbitration against the company tied to losses of more than $350m from securities lending.
Ex Zurich boss named Italian CEO
Francesco La Gioia has been appointed the new CEO of Helvetia Italy.