Insurer
14 million UK motor policyholders tipped to switch provider per year
Up to 320 million motor insurance policies could be up for grabs across Europe by 2020, according to research by Deloitte, as an increased willingness to switch provider takes hold across the continent.
Decline in car sales to hurt premium growth in Malaysia, says MII
The Malaysian Insurance Institute is warning that premium growth in Malaysia will slow over the next few years as the appetite for new cars declines.
Generali appoints Spence as head of Asia M&A
Generali Asia has appointed John Spence as regional head of mergers and acquisitions and strategy.
UK flood risk map incorporates groundwater data
Flood risk consultancy Ambiental has added groundwater data to its UK map, claiming it improves the way insurers assess flood risk at the individual address/building level.
Blog: The accountability clock is ticking
New rules designed to hold senior managers of insurance firms to account are due to come into force next year.
Tianjin explosions could cost up to $3.3bn
The Tianjin explosions have caused potential losses estimated to range from $1.6bn to $3.3bn (£1bn to £2.2bn), according to Guy Carpenter, with the firm adding the Chinese port blasts are "set to become one of Asia's largest manmade loss events."
Hiscox names Eva Berg-Winters as head of UK claims
Hiscox has appointed strategy consultants OC&C’s associate partner Eva Berg-Winters as head of UK claims.
Quindell exploring name change as Rose takes aim at ex-CEO Terry
Former Quindell CEO and chairman Rob Terry has come under fire from non-executive chairman Richard Rose, who has revealed the troubled outsourcer will change its name later this year.
Markerstudy acquires Birmingham broker Lionheart
Markerstudy has gained approval from the Financial Conduct Authority to acquire Birmingham-based Lionheart Insurance.
Insurers remain at odds with Apil over whiplash figures despite talk of collaboration
Insurers have welcomed calls by the president of the Association of Personal Injury Lawyers for greater collaboration, but have roundly rejected his argument that whiplash claims are on a downward trajectory.
Co-op's GI business incurs £17m loss due to costs of IBM deal
The costs associated with the £55m deal with IBM to build an integrated insurance platform were behind Co-op general insurance's £17m operating loss in the first half of 2015.
Zurich's global GI CEO Kerner to step down
Mike Kerner, Zurich's global CEO of general insurance, is leaving the business at the end of 2015 citing personal reasons.
Claims Club: FCA considering 'best practice' plea from insurers on SME cases
A senior regulator has conceded that in order for the Financial Conduct Authority to differentiate itself from its predecessor it might need to listen to insurance companies' pleas to issue ‘best advice’ on dealing with SME claims.
Claims Club: Insurers must act to help shape the future of CMC regulation
Insurers have been given a “three to four month” window to shape the future of claims management company regulation, Claims Club members have been told.
Survey ranks insurance as top performing sector in dodging hackers
The insurance industry is outperforming other sectors in the battle to combat data breaches, according to a survey that revealed just 17% of insurance companies have been hacked –although lost data remains an issue.
C-Suite Europe: Technology opening up new avenues for insurer partnerships
New technology is changing the nature of the partnerships insurers are getting into, says Ageas CEO Bart De Smet.
Video: England Rugby captain Chris Robshaw
As the build up to the Rugby World Cup intensifies, England captain Chris Robshaw took some time out of his hectic schedule to jump in a black cab with Post news editor Callum Brodie to talk about the similarities between risk management in the boardroom…
Allianz Engineering promotions strengthen management team
Allianz Engineering has strengthened its management team with the promotions of Natalie Holbrook and Anneke Graham, in preparation to move forward with growth plans.
UK P&I club calls for 'zero tolerance culture' on enclosed space entry as casualties blight shipping industry
Accidents relating to entry into enclosed spaces have resulted in a large number of deaths of both ship and shore personnel so far this year, says the UK P&I Club, calling for more to be done to prevent these casualties.
Axa halts 'significant' personal injury claims with fundamental dishonesty defence
Two fraudsters have withdrawn fake but financially significant personal injury claims after Axa used the fundamental dishonesty defence.
Lloyd's finds £3trn of GDP at risk from disasters around the world
A Lloyd's index has found a total of $4.6trn (£3trn) of projected gross domestic product is at risk from manmade and natural disasters in cities around the world.
Post magazine – 3 September
The latest issue of Post Magazine is now available for Post subscribers. Download the latest Post iOS or Android App Edition on the App Store or Google Play respectively or read the Post Digital Edition online.
Telematics firm Ingenie adds LV Broker to insurer panel
LV Broker is joining Ingenie’s panel of insurers providing underwriting capacity for the telematics car insurance brand aimed at younger drivers.