Insurer
QBE Europe chairman steps down after joining main board
QBE’s chairman of European operations Brian Pomeroy has stepped down after eight years in the role.
IFR retains insurer support despite membership delays
Insurers have reiterated their support for the Insurance Fraud Register despite onerous data standards meaning that half of the UK’s largest motor players are yet to become members.
Roundtable: A step backwards in the fraud fight?
With EU data protection legislation likely to impact insurers’ anti-fraud measures, key figures from the sector discuss whether the reforms represent a critical blow to their efforts or just a bump in the road?
Penny Black’s Insurance Week - 9 October
Penny discovered this week even the great and good of the insurance industry can be afflicted with the plague of the sector – whiplash.
Career development: Brokerbility Academy takes on first apprentices
Brokerbility Academy has completed the induction of its first group of apprentices in a two-day event in London.
Market Moves - 9 October 2014
All the latest job moves in the insurance market.
Rehabilitation: Rehab rethink
With the personal injury landscape now unrecognisable from the environment in which the Rehabilitation Code was introduced 15 years ago, a much-needed update to the code is on the way. So what can the insurance industry expect?
Flood Re live date delayed to Q4 2015
The organisation in charge of implementing Flood Re is now progressing towards the scheme launching in Q4 2015 rather than next summer as planned.
Sharing Society: A problem shared
The sharing economy has seen enormous growth in recent years but it still poses many challenges for the insurance industry – not least in terms of the vast array of risks the sector poses
C-Suite Insurer: Bridging the risk management gap
Better sharing of information and expertise between risk managers and business leaders will benefit all
Zurich UK GI CEO Smith replaced by group controller Sharma
Zurich has announced that Switzerland-based group controller Vibhu Sharma will replace Dave Smith as UK general insurance chief executive from April next year.
RSA CRO Weymouth replaced by McDonnell ahead of retirement
RSA has promoted group risk director William McDonnell to the role of group chief risk officer ahead of incumbent CRO David Weymouth’s retirement in May next year.
28% of consumers cutting back on insurance because of cost
Almost a third of Britons have cut back on their insurance purchasing because they could not afford it, according to figures from Close Brothers Premium Finance.
Ironshore boosts Japan Lloyd's M&A team
P&C insurer Ironshore has appointed former lawyer Steven Harwood as Ironshore's Lloyd's syndicate Pembroke's dedicated underwriter in Tokyo.
Hilton sells iconic New York hotel to Chinese insurer for £1.2bn
Beijing-based insurer Anbang Insurance Group has purchased the Waldorf Astoria for £1.2bn ($1.95bn) from Hilton Worldwide owned by the Blackstone Group.
Insurers urged to gather evidence on the impact of Laspo on Meso claims
Insurers have been advised to gather evidence on the effect of introducing the Laspo reforms to mesothelioma claims, despite last week’s ruling that attempts to abolish recoverability of success fees and insurance premiums were unlawful.
Canopius acquires ANV team to run consumer products business
Canopius Group has launched a consumer products business for the UK affinity market.
Blog: Five things that you can share
The new sharing economy is booming, and insurers are struggling to keep up. Here's five examples of the kinds of products underwriters are going to have to get their heads around
Kiln hires intellectual property underwriter
Kiln has appointed Ian Lewis as enterprise risk underwriter specialising in intellectual property.
FCA contacted after Das audit leads to double staff suspension
Das has informed the Financial Conduct Authority after a routine internal audit within the firm’s after the event division led to two employees being suspended.
UK General boosts East of England presence with schemes deal
Leeds-based managing general agent UK General has partnered with Cambridge broker 2gether Insurance on an excess protection ancillary schemes deal.
Axa swoops for Perkins Slade director Ramos
Axa has recruited Perkins Slade’s Bert Ramos to serve as sales manager, as the insurer continues to grow its Birmingham branch.
Property director Fice quits QBE
QBE’s property director Peter Fice has quit the Australian insurer after six years.
Ryan Direct Group snaps up Assurant Intermediary
Doncaster-based Ryan Direct Group is acquiring the entire share capital of Assurant Intermediary along with its 55 000 policies and £20m of gross written premiums for its home and protection books.