Insurer
Spencer departs Zurich following Howell appointment
Post understands Stuart Spencer, Zurich's former general insurance Asia-Pacific CEO, left the company on 31 December.
Motor premiums rose by 14% in 2016
Car insurance premiums rose by 14%, equivalent to £95 on average, in 2016.
Eight out of 10 charities say insurers must do more for vulnerable customers
Over half of charities believe the people they represent are inherently vulnerable to unfair treatment from insurers.
LV Broker to stop writing home business
LV Broker will stop writing new home insurance business and inviting renewal on its home, building and contents insurance products.
Digital motor insurance policies worth €15bn by 2020
Digitally-enabled motor insurance policies in Europe could potentially be valued at €15bn (£13bn) by 2020, according to Deloitte.
IDT911 re-brands as Cyber Scout amid international expansion
IDT911 has re-branded to Cyber Scout as it looks to expand globally.
Walker replaces Lee as Hastings MD
Hastings has appointed David Walker as managing director for insurer service, following Michael Lee’s departure last month.
Business interruption is top business risk in 2017
Business interruption continues to come top of the risk rankings as businesses fear the impact of market uncertainties and political perils, according to a report from Allianz.
Companies braced for year of uncertainty, says Allianz's Fischer Hirs
Chris Fischer Hirs, CEO of Allianz Global Corporate Specialty, has said companies worldwide are bracing for unpredictable changes this year.
PICC's vice chairman under investigation, says report
The vice chairman and president of PICC Wang Yincheng has been taken away by Chinese authorities for investigation according to financial media site Caixin.
Lemonade's three-second claim settlement raises fraud concerns, experts say
As the UK insurance industry grapples with the task of making the claims process slicker, US start-up Lemonade has declared its ‘world record' claims settlement time of three seconds.
Markerstudy cancelled MGA capacity deals due to ‘conflict of interest’
Markerstudy said the decision to withdraw capacity for managing general agents was due to a potential “conflict of interest”.
PWC appoints Jim Bichard as UK insurance leader
PWC has appointed Jim Bichard to lead its UK insurance practice.
Century MGA replaces lost Markerstudy capacity
Century Underwriting has replaced the capacity arrangement it had with Markerstudy with three new insurers.
Octo signs ‘telematics ecosystem’ deal with LV Broker
Octo has signed a deal with LV Broker to provide a “full telematics ecosystem”.
Electronic trading: What is good form online?
The growth in online communications makes BT's strapline ‘It's good to talk' seem dated, but anyone who has had to lift a phone to unravel a burgeoning misunderstanding in an email can appreciate its spirit.
XL expects $75m loss from 2016 New Zealand earthquake
XL's preliminary net natural catastrophe loss estimate for the fourth quarter of 2016 is approximately $245m (£200m).
2017 outlook: Asia's exciting insurance potential
The coming year looks set to be an exciting but challenging one for general insurers in Asia as strong growth continues in many markets across the region writes Nicky Burridge.
PIB completes acquisition of Thistle Insurance
PIB Group has completed its acquisition of Thistle Insurance Services from JLT.
Industry welcomes government's position on driverless cars
The industry has welcomed the government’s response to last year’s driverless car consultation.
Go Compare success owing to opera singing advert, CEO says
The success of Go Compare's opera singing advert, Gio Compario, and low operating costs were factors behind the price comparison site's success, says Matthew Crummack, Go Compare CEO.
ICO fines RSA £150,000 after significant data theft
The Information Commissioner’s Office has fined RSA £150,000 following the loss of the personal information of nearly 60,000 customers.
Biba launches product recall scheme through CFC Underwriting
The British Insurance Brokers’ Association has launched a Product Recall scheme through its member CFC Underwriting.
Aon launches 'Brexit Navigator'
Aon has launched Brexit Navigator, a solution designed to help organisations quantify the impact of Brexit on business.