Insurer
Telematics tales: Home is where the app is
For the past five years the general insurance industry has been buzzing about telematics.
Hiscox sees 10% growth in GWP
Hiscox has seen gross written premiums increase by 10% in the first quarter globally, and by 5.8% in the UK.
C-Suite Insurer: Zurich's Karl Helgesen on the unprecedented pace of technology
As I look out to the horizon I can't help but feel incredibly excited and perhaps a little apprehensive. We are seeing technology develop at an unprecedented pace, coupled with a sharpened focus on the customer and a reform agenda that could change the…
Blog: Digital is changing insurance
Digital innovation is changing the way the insurance industry operates, with providers beginning to embrace developments where technology can make life easier for the consumer.
Hastings attributes growth to ‘agility’ on price comparison sites
A growth of 29% in gross written premiums by Hastings in the first quarter was due to the company’s “elastic” pricing structure via comparison sites, the company’s chief financial officer said.
Zurich aims to grow diversity – without quotas
Zurich Insurance is committed to diversity within its organisation, but will never introduce quotas in hiring, the company’s CEO said.
Ex-RSA claims handler gets 10 months jail following fraud conviction
An RSA claims handler admitted to illegally sharing customer details with a law firm as well as adding friends and family to genuine claims.
Axa to launch tool to tackle underinsurance in commercial sector
Brokers can more accurately calculate the business interruption risk for commercial clients with a new online calculator from Axa.
Chinese insurer Sunshine opens its first hospital
Chinese insurer Sunshine Insurance yesterday opened a hospital it built in association with Weifang City's government for 3bn yuan (£320m).
Insurance Post: May 2016
The news this week, in case you missed it. And introducing our monthly edition.
Quiz of the week - 6 May 2016
Test your knowledge of the week's insurance news, with the Post insurance quiz of the week.
Allianz claims ‘business as usual’ in broker relations following restructure
Allianz said it will aim to forge closer ties with brokers following its restructuring on May 1.
Career Development: Allianz praises broker scholarship graduates
Allianz Commercial held a graduation event at the Andaz hotel in London to celebrate the 13 scholars who successfully graduated from the Allianz Partner Academy Scholarship programme.
Editor's comment: Time for change
Former Prime Minister Harold Wilson warned: “He who rejects change is the architect of decay.” And 2016 will go down in the annals of insurance history as a year of change.
Blog: Disruption has only just begun
The Next Generation Insurance Network has been providing young professionals with educational and social events in London for the past five years. The network has more than 1500 members from brokers to underwriters, lawyers to consultants.
Hester buys 100,000 RSA shares
RSA's CEO Stephen Hester spent £479,850 of his own money on 100,000 RSA shares yesterday.
Esure sees Q1 GWP growth of 15.5%
Esure has seen its gross written premiums rise by 15.5% to £151m in the first quarter.
Hester: Still more to do to ensure RSA meets profit forecasts
RSA is on target to achieve or exceed its forecasts for operating profit this year, Group CEO Stephen Hester said.
Oil and gas services sector targeted in new product from Willis Towers Watson
Willis Towers Watson has launched a product specifically for suppliers to the changeable oil and gas industry.
Enterprise Act to come into force on 4 May 2017
The Enterprise Act was granted Royal Assent yesterday (4 May), with policyholders able to claim damages for the late payment of insurance claims in 12 months' time.
Penny Black's Social World - May 2016
All the latest news from the world of social media
Research – InsuraInsight: Thinking small
SMEs are often described as the life blood of the UK economy. But what do these business owners and their insurance providers really think about the products and services they receive and offer? And how do both think these could be improved?
People: I work in insurance: Martin Banasik
Martin Banasik MSc, CEng, FIMechE is principal engineer (lift and crane) at Allianz Engineering
RSA's premiums stable in Q1 as Hester controls costs
RSA's net written premiums climbed 2% in the UK & Ireland to £635m in the first quarter of 2016.