Insurer
Insurance Compliance Careers: The land of opportunity?
With so many rules and regulations within insurance, it is no surprise that jobs in this sector are plentiful. But are compliance staff enablers or blockers and how attractive is it as a career?
C-Suite Insurer: Axa's Jon Walker on the elephant in the room – the broker-insurer relationship
Culturally, the industry has come a long way in the past few years.
Young insurers, broking attraction, terror cover and roaring motors
The best of Post the last week in case you missed it
RSA promotes Coughlan to head up UK personal lines
David Coughlan has been appointed managing director of RSA's UK personal lines business, overseeing the More Than brand, personal lines broker and affinity.
KGM retrieves costs after first fundamental dishonesty ruling under CJCA s57
KGM, the UK motor insurance subsidiary of Sompo Canopius, will be repaid £6100 in costs after the first ruling of fundamental dishonesty under section 57 of the Criminal Justice and Courts Act 2015.
Legal: Wearable technology – employers beware?
Developments in safety-related wearable technology in the workplace bring both benefits and risks.
North of the Border: A cure for prescription?
In Scotland, in most non-personal injury actions, the doctrine of negative prescription has the effect of extinguishing a party’s right to damages.
Willis warns others as it settles JLT fine arts and specie team defection for £22m
International broker Willis Towers Watson today reaffirmed it is “committed to protecting its business” and “will always seek legal redress where appropriate”.
PRA appoints insurance director Sam Woods as CEO
The Prudential Regulation Authority's insurance executive director Sam Woods has been promoted to replace Andrew Bailey as PRA CEO.
Flood Re likely to be copied by other nations, ABI's Evans predicts
Flood Re is likely to be copied entirely or in part by other countries, according to Association of British Insurers director general Huw Evans.
Quiz of the week - 8 April
Test your knowledge of the week's insurance news with the Post insurance quiz of the week.
Research: State of the Young Insurer Nation Part 1: Joining the industry
For Post’s first research project of 2016, Michèle Bacchus asks more than 50 young insurer employees why they joined the sector, where they think the industry is heading and whether they want to be a part of its future.
Hit-and-run interim report to be published in next few weeks
The Motor Insurers’ Bureau expects the University of Leicester to publish an interim report into hit-and-run motor accidents within the “next few weeks” as it aims to get a better understanding of the reasons why people leave the scene of a collision and…
Covéa Insurance hails ‘fantastic progress’ as COR and GWP improve
Covéa's UK insurance arm reported an improved gross written premium of £473m (2014: £445m) and combined operating ratio of 96.9% (2014: 97.8%) in its 2015 results.
Blog: Insurers need to stop rolling over and paying outrageous charges
A lack of knowledge around vehicle recovery and the law may be costing insurers dearly.
Blog: Five things I have learnt about insurance in five weeks
Since joining Post at the end of February, I have come to appreciate just how important insurance is to business. They both go hand in hand. Without insurance, business simply could not operate. Insurance is the grease to the wheels of the commercial…
Guest promoted at XL Catlin in Singapore
David Guest, XL Catlin's Asia-Pacific head of crisis management, has been promoted to country manager for the insurer's Singapore operations.
Cherish in talks to provide Welsh-translated Axa policy to broker Tarian
Essex-based wholesale broker Cherish Insurance Brokers is in discussions to translate its Axa policy into Welsh for bilingual high street broker Tarian, Post can reveal.
Ongoing losses forecast for Co-op Insurance as transformation continues
Co-operative Insurance expects 2016 to be another loss-making year due to continuing investment in its transformation programme, as the business this week reported a £66.1m statutory loss.
Greater MRO regulation called for as Medco review welcomed
The Ministry of Justice decision to leave formal regulation of Medco’s medical reporting organisations on the backburner is a “missed opportunity”, according to commentators, amid hopes the government department’s pledge to keep the issue under review…
Mental health: The last taboo?
Insurer attitudes towards mental health issues are not always enlightened - as the number of Financial Ombudsman Service complaints shows - but there are signs of greater understanding and that includes employees too
Co-op says impact of December floods causes £13m GI profit loss in 2015
The Co-operative group today posted a £13m profit loss for its general insurance division in 2015, marking a significant drop from £1m the previous year.
Smart Driver Club Insurance to offer up to 40% off premium for lower-risk drivers
Smart Driver Club Insurance, the insurance offering of former Wunelli CEO Penny Searles' new UK-first telematics venture, will offer a significant reduction in its premium for drivers with a low level of risk.
Hastings’ ex-chairman Neil Utley transfers 3.6m shares to charitable trust
Neil Utley has transferred just over 3.6 million shares of his sizeable holding in Hastings Insurance Group to his family's charitable trust, according to a note issued to the London Stock Exchange today.