Insurer
Quiz of the week - 11 September 2015
It's quiz time. Test your knowledge of the week's insurance news. Let us know how you do by sharing your score on Twitter with the hashtag #postquizscore...
Allianz strikes PPI and GAP deal with Maiden
Affinity and white label specialist Maiden has extended its partnership with Allianz on developing branded insurance solutions to automotive original equipment manufacturers and their customers.
Lloyd's FD Parry pessimistic on rate pressures subsiding
Lloyd’s finance director John Parry sounded a cautious note regarding rate pressure after Lloyd’s reported a 28% fall in profit for the first six months of 2014.
Gable supportive of new Liechtenstein GI entrants
Liechtenstein-based insurer Gable Holdings would welcome other general insurance companies entering the principality as it revealed it has spoken to the Liechtenstein regulator about companies interested in positioning themselves in the territory.
Insurers encouraged to promote reward schemes to tempt customers
Introducing a loyalty or reward scheme could improve insurers’ chances of increasing consumer take-up, despite the overriding importance of price, according to a survey conducted by M&S for business.
Former Towergate business Folgate returns to active underwriting
Former Towergate-owned Folgate Insurance has returned to active underwriting in the UK and Europe one year after being acquired by APC Underwriting.
Europe: Lure of Liechtenstein
Liechtenstein has more companies than citizens, but are UK insurers keen to join its corporate club?
Reserving elimination caused Gable to report H1 pre-tax loss of £2.4m
Liechtenstein-based insurer Gable Holdings has reported a pre-tax profit loss of £2.4m for the six months ended 30 June 2015.
Internet of Things could see insurers become force for good for policyholders
The so-called ‘Internet of Things’ could see insurers become a force for good in society, in effect providing a duty of care to policyholders.
Ageas picks Logue to succeed Pickford as finance director
Ageas Insurance has appointed Stuart Logue as its finance director starting from 16 November.
Fire trumps flood as biggest threat to UK businesses
Flooding is the most common form of disruption for UK businesses, however fire poses the more serious threat, according to FM Global’s UK claims data research.
Post magazine - 10 September 2015
The latest issue of Post magazine is now available for Post subscribers. Download the latest Post iOS App Edition on the App Store or read the Post Digital Edition online.
Big data can provide strong retail opportunity for insurers, says Aviva CDO Brem
The increasing analytical capabilities provided by ‘big data’ can provide a strong retail opportunity for UK insurers, according to Aviva’s chief digital officer Andrew Brem.
Hackers pitched as remedy to driverless car vulnerabilities
Motor manufacturers should reward hackers for uncovering vulnerabilities in autonomous vehicle systems as cyber security remains a major stumbling block to widespread adoption of driverless cars, according to a report published this month.
Video: Cigna Insurance Services CEO Susan Stevenson
Cigna Insurance Services CEO Susan Stevenson talks to Post after 18 months in the role.
AGCS predicts global cyber premiums will reach $20bn per year by 2025
Allianz Global Corporate and Specialty forecasts cyber insurance premiums will grow globally from the current level of $2bn (£1.3bn) per year to more than $20bn over the next decade, representing a compound annual growth of more than 20%.
Blog: Do we need a Royal Society for the Protection of British Insurers?
Speaking to someone yesterday they wondered aloud why more noise had not been made about the fact that an increasing number of traditional British insurance brands were potentially on the chopping block.
UK General consulting with 12 staff after restructure
UK General is consulting with approximately 12 staff whose roles will no longer be needed as a result of the firm moving its central services team into its personal lines, Rural Insurance and One Commercial business units.
Q&A: Ian Massingham: Head in the clouds
Amazon Web Services’ technical evangelist Ian Massingham talks up the benefits of cloud computing to insurers and brokers, helping them to innovate and save money.
Vienna Insurance Group adds four to managing board
Vienna Insurance Group is expanding its managing board by adding two members and two deputy members.
RSA’s Corrigan joins HDI Gerling’s energy, construction and engineering division
Industrial insurer HDI Gerling has appointed David Corrigan as UK and Ireland property underwriting director and has launched a new engineering, construction and energy division.
Editor's Comment: Don't mention the whiplash
The Oxford Dictionary shows the definition of collaboration as the action of working with someone to produce something and I’m sure that this is what the Association of Personal Injury Lawyers’ president was encouraging when he wrote an open letter to…
Medco 'worth it' despite issue with certain business models, claims MoJ
The Ministry of Justice has vowed to “keep working” with the Medco portal, despite outlining issues with “some business models” since the new system went live in April.
Ageas' Watson calls for tripartite reduction to counter compensation culture
A tripartite approach that involves a reduction in the level of general damages, limitation period and recoverable costs is the “only way” to address the so-called compensation culture, according to Ageas UK CEO Andy Watson.