Insurer
Cyber Insurance: Variety in cyber
With cyber insurance a relatively new market, issues are arising in various areas – many from the non-standard wordings in policies themselves.
High Speed 2: On the right tracks
The size and complexity of the HS2 rail project means there is plenty for insurers to get their teeth into — but will the inherent technical risks outweigh the potential benefits?
ITV HR director Linares to take on identical role at DLG
Direct Line Group has appointed ITV’s group director for human resources Simon Linares as HR director.
Allianz Worldwide Care unveils My Health app
International health insurer Allianz Worldwide Care has launched an app that allows members to submit medical claims quicker by providing key details and taking a photo of medical invoices.
Uber’s Berlin ban overturned
A ban on smartphone taxi firm Uber operating in Berlin has been suspended until further notice following a decision by the presiding judge of the Berlin Administrative Court.
Trade voice: A driverless future beckons
Driverless vehicles have until recently been the stuff of scary fiction – from Stephen Spielberg’s menacing apparently driverless truck in the cult 1970s film Duel, to Stephen King’s demonic Chevrolet in Christine.
North of the Border: Time limit ruling overturned
Supreme Court overturns 30 years of rulings over commencement date of prescriptive period.
C-Suite - Insurer: Still much more to do
Whiplash reforms can – and should – be broadened to other types of injury.
50% premium reductions in Australia, says Marsh
An abundance of capacity in the reinsurance market is helping keep renewal rates soft in Australia according to international broker Marsh.
Paymentshield launches house buyer's protection product
Paymentshield has launched a new protection product, designed to mitigate the risk attached to buying a new home.
Crash-for-cash pair handed prison sentences
The leader of a crash-for-cash scam and his driver have been sentenced to more than five-and-a-half years in prison.
Power Place to accelerate expansion following Montagu investment
Open International chief executive Chris Guillaume has turned his attention to propelling the firm’s Power Place business into the complex commercial and SME arenas after agreeing a “long term” partnership with private equity investors Montagu.
Open GI parent reunites with PE backer Montagu to complete MBO
Open International bosses have reunited with Montagu Private Equity to perform a management buyout of the Open GI, Open GI London and Power Place parent company.
RAC’s private equity owner mulls September IPO
The RAC’s private equity owner Carlyle Group is considering a stock market float in the mould of rival roadside assistance firm the AA Group.
Sterling grows new business eight-fold in Scotland
Sterling Insurance Group has this year increased its new business numbers eight-fold in Scotland as a result of investment in new offices, senior staff and broker appointments.
Amlin UK boss Carpenter sets exit date
Former Amlin UK chief executive Brian Carpenter has confirmed his plans to retire later this year, setting the date of 30 September for his departure.
H1 weather claims hit insurers for £845m
Weather damage claims have cost insurers £845m across the first half of 2014 according to figures from the Association of British Insurers.
Amlin profits slide in H1 as large catastrophe losses grow
Lloyd’s insurer Amlin chalked up a reduced profit before tax of £148.5m in the first half of 2014 (H1 2013: £161.4m) as an uptick in large catastrophe losses took its toll.
Ankel to leave Allianz Global Corporate & Specialty
Alexander Ankel, Asia chief executive of Allianz Global Corporate & Specialty, is leaving the group to pursue "outside opportunities".
Fosun becomes Ironshore's largest shareholder
Chinese conglomerate Fosun has bought 20% of international property and casualty insurer Ironshore for $464m (£277m).
Berkshire Hathaway hires two senior AIG execs in Asia push
Warren Buffett is targeting Asia to expand his insurance unit Berkshire Hathaway Specialty Insurance.
Motor and home premiums fall almost 7% in past year
The British Insurance Brokers’ Association has highlighted government and industry initiatives as a contributing factor behind a 6.8% reduction in the cost of motor and homes insurance in the past year.
Post Blog: Five reasons why Admiral and Insure the Box make good bed fellows
Earlier this week Postonline revealed Admiral was weighing up a bid for the UK’s leading telematics player Insure the Box.
Zurich aids return of valuable medieval jug two years after theft
A Fourteenth Century jug is back on display at Stockwood Discovery Centre in Luton after Zurich supported restoration work and enhanced security protocols following the theft of the medieval artefact two years ago.