Insurer
Ifed investigation into fraudster unearths cannabis factory
An electrician who conned Zurich out of £15,000 by repeatedly reporting his work power tools had been stolen has been jailed after police officers investigating the fraud found a cannabis factory at his premises.
ABI hails political support for Flood Free Homes campaign
The Association of British Insurers has secured the support of 20 MPs for its Flood Free Homes campaign.
ABSs highlighted as claims upsurge threat as CMC numbers dwindle
The rapid demise of claims management companies and the subsequent reduction in bodily injury claims is in danger of being offset by the future strategy of insurance companies with alternative business structures, according to market observers.
Market Moves - 29 January 2015
All the latest job moves in the insurance market.
Penny Black’s Insurance Week - 29 January
When the New Years Honours list came rolling around, Penny was once again ignored.
Gibraltar to overhaul regulatory regime for financial services
Gibraltar's government and its Financial Services Commission have joined forces to develop a new regulatory framework for financial and professional services.
Legal Update: Ping-pong - it's not table tennis
Andrew Parker anticipates amendments to unfinished legislation as this parliament draws to a close
Neuro-rehabilitation: Fit for purpose
With changes afoot for the Rehabilitation Code, it is vital that all parties go back to basics and understand how best to navigate the issue
In Series: Corporate Risk: Threats on the radar
Insurers can help companies with their risk management strategies by offering products that anticipate the challenges of the future
Dalton appointed as ABI policy director for GI
The Association of British Insurers has appointed James Dalton as director of general Insurance policy.
Claimant's fraudulent broken ankle story discredited on You Tube
A Newcastle man who almost swindled his local authority’s insurance company out of £17,000 after lying about how he broke his ankle has been sentenced to 200 hours of unpaid work.
Insurance CEOs: Picking the perfect candidate
Hiring a new CEO can be a problem for an insurance company, with standards of demonstrated experience continually rising and the regulator wielding its influence over appointments. So, how do they pick the right person for the job?
Q&A: Dr Sebastian Herfurth: Digital friends with benefits
Dr Sebastian Herfurth, co-founder and managing director of Friendsurance, discusses the future of peer-to-peer insurance, how the industry is not getting the most out of social media and why meeting customer needs is key to insurers succeeding in the…
C-Suite - Insurer: Around the world
Insurance cover for business travel has taken on increased significance in the global market
Smaller motor players facing market exit amid intense competition
Cut-throat competition and meagre rate rises in the motor market could force smaller players to plot an exit, according to industry analysts, as “brinkmanship” continues among certain insurers over potential price increases.
Compass expands fleet team with London market hires
Compass Broker Services, the UK networks division of broker Arthur J Gallagher has appointed Darren Grodent as senior motor fleet broker for its London markets division.
Ombudsman GI complaints dip for Q3
Numbers of enquiries received by the Financial Services Ombudsman on general insurance products excluding payment protection insurance fell in the final three months of 2014.
Novae makes cyber hire from AIG
Lloyd’s insurer Novae has appointed James Creasy as class underwriter at its cyber division.
Chinese insurers' profits doubled in 2014
Insurers in China recorded record profits last year.
DAS claims boss exits in restructure
Legal expenses insurer DAS has restructured its management, with chief claims officer Richard Harris, pictured, opting for redundancy after his role was dissolved.
CPP CEO Escott warns brokers about PE snubs if they ignore regulation
Insurance businesses need to “embrace” regulation or face tough consequences if they continue their current “amateurish” practices. Not least the fact they will struggle to sell a business if their compliance is not up to scratch, says CPP's Brent Escott.
Average salary for insurance employees set to rise 8% in 2015
The strain of regulatory scrutiny is contributing to an 8% increase in average pay levels across the insurance industry in 2015 as firms seek to attract top talent.
Commercial growth taking off at Arc Legal after Axa and LV deals
Arc Legal managing director Helen Withers is confident the legal expenses firm will reach the target of tripling the size of its commercial book this year after signing deals with Axa and LV.
Beach hut scheme is first to receive UK General Insurance backing
An insurance scheme for beach hut owners is the first to go live following UK General Insurance’s £100,000 Schemes Seat programme to promote broker innovation.