Insurer
Global CCO forum to be chaired by Allianz chief compliance officer
Allianz group’s chief compliance officer Dr Thomas Loesler, has been appointed chairman of the newly-founded Global Insurance Chief Compliance Officers Forum.
Six from Keighley charged over crash-for-cash fraud
Six people from Keighley are to appear in court this week after being charged over an alleged conspiracy to commit insurance fraud over a three-year period.
Video: Flood Re CEO Brendan McCafferty
Flood Re CEO Brendan McCafferty tells Post reporter Katie Marriner what attracted him to take on the role as well as what has been keeping him busy since taking the helm of Flood Re in October 2014.
Anthem Insurance recovering from huge security breach
A huge amount of personal information of employees and customers was stolen from US health insurer Anthem last week.
Blog: Domestic oil spill claims - getting to know your loss adjuster
When it comes to domestic oil spill claims, loss adjusters can play a pivotal role.
Premium rate phone ban to cost insurers £90,000 per year
The proposed ban on insurance companies using premium rate telephone numbers for customers could cost insurers as much as £90,000 a year in lost revenue, according to calculations by technology firm Callstream.
IUA and LMA prepare guidance on Insurance Act changes
The International Underwriting Association and Lloyd’s Market Authority are working with legal specialists to prepare guidance on the impact of the incoming Insurance Act on their members.
Profits rise at Aspen as COR heads south
Aspen Insurance Holdings recorded a year-on-year improvement in net income after tax to $355.8m (£232.4m) for the year ending 31 December 2014, compared to $329.3m in 2013.
Ireland performance was ‘too good to be true’ says RSA CEO Hester
RSA’s performance in Ireland was “too good to be true” and should have been recognised earlier, according to group CEO Stephen Hester.
Post Office insurance boss Havenhand moves to National Accident Helpline
The Post Office’s head of insurance Paul Havenhand has left the business to take up the role of commercial director at National Accident Helpline.
Lexis Nexis database contains 57% of UK no claims history
The Lexis Nexis’ no claims discount database has grown to contain 57% of the UK insurance industry’s no claims history following contributions from a range of insurers.
Aviva heralds 'fundamentally dishonest' crash for cash victory where fraud was not pleaded
Aviva has heralded a case that exposed phantom passengers and where the evidence led the judge to find the claim ‘fundamentally dishonest’, even though fraud was not specifically pleaded, as a clear warning to fraudsters.
Aviation rate rises ‘more muted’ than initially hoped, says Beazley boss
Intense competition in the aviation market - particularly in the area of war risks - has prevented the industry securing the rate rises necessary following a spate of costly plane losses, according to Beazley’s chief underwriting officer Neil Maidment.
Number of investors seeking Quindell class action tops 500
The number of disgruntled investors seeking to take legal action against insurance claims outsourcer Quindell has grown to 500 and counting, according to law firm Your Legal Friend.
Ex-government minister Mark Hoban named Flood Re chairman
Former Financial Secretary to the Treasury Mark Hoban has been appointed to the role of chairman of Flood Re.
Reduced reserve releases impact Beazley profits
Beazley recorded an 18% reduction in profit after tax from $264m (£173.7m) in 2013 to $217.8m for the year ended 31 December 2014.
Did Nationwide score a touchdown or fumble the ball with its #makesafehappen Super Bowl advert?
The screening of an advert of US insurer Nationwide during the Super Bowl triggered a debate about insurance commercials, the likes of which has not been seen in the UK. Jonathan Swift looks at the fallout and asks six experts for their views.
Allianz Commercial promotes Dixon as casualty boss Dee departs
Allianz Commercial’s head of property insurance Catherine Dixon has had her remit extended to cover property and casualty following the role departure of casualty boss Chris Dee.
Post magazine – 5 February 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.
Editor's comment: Applications welcomed
“Born again broker seeks new CEO to restore business with falling Ebitda and declining income to its former glory days. Experience of broking market preferable along with proven track record.”
Duff and Phelps to acquire American Appraisal
Global valuation and corporate finance advisor Duff & Phelps Corporation has agreed to acquire global full-service valuation and fixed asset management advisor American Appraisal.
Ageas confirms Stanley’s departure after ‘consultation process’
Ageas’ change and development director will be leaving the business at the end of March, the insurer confirmed today.
Insurance Bill awaits royal assent after passing in Commons
The Insurance Bill passed unanimously in the House of Commons today (3 February) and is now only waiting for Royal Assent to become law.
RSA holds motor event at the House of Commons
MPs, transport officials, road safety and telematics specialists met in the House of Commons today (3 February) to discuss how government and businesses can work together to ensure emerging technologies benefits drivers.