Insurer
Editor's comment: We’re better off with one voice
There is something to be said for going it alone, for forging a new path, breaking new ground and taking a stand.
Quindell begins legal proceedings against Gotham in the US
Outsourcing company Quindell has confirmed that it has started legal proceedings against US short sellers Gotham City, as well as a blogger that repeated “defamatory” claims about the company.
Blog: Five insurance investments by Fosun
Following Fosun's acquisition of a 20% stake in Ironshore, Postonline looks at five key insurance investments by the privately owned Chinese conglomerate.
QBE Europe sees GWP drop 13%
QBE Europe's first half gross written premiums fell 13% to $2.69bn (£1.62bn) from $3.1bn in the same period of 2013.
Iceland raises new ash cloud warnings
The Icelandic Met Office has warned of an increased risk of volcanic ash following powerful seismic activity at Iceland’s Bardarbunga volcano.
Penny Black’s Insurance Week - 21/28 August
It was a case of keeping it in the family for LV chief executive Mike Rogers as his firm hosted a hospitality box at the first day of the fifth England vs India test match at the Oval last week.
Career file: Adam Kornick: Aviva recruits from Progressive for global analytics boss
Aviva has recruited Progressive’s vice-president of big data to helm its own analytics operations.
Career Development: Allianz opens its technical school leaver programme for A-level students
Allianz Insurance has opened its technical school leaver programme for the fourth year running to give students with A-level qualifications the opportunity to work within its retail division.
Market Moves - 21/28 August 2014
All the latest job moves in the insurance market.
SRA fails to gain approval for PI cover change ahead of renewals
A reduction in the limit for mandatory professional indemnity cover will not take place before the October renewals after the Legal Services Board issued a warning notice delaying its decision on the change by up to twelve months.
Legal Update: Cyber Essentials - a major step forward for insurers
Nick Gibbons explains why the government’s recently launched Cyber Essentials Scheme – aimed at improving protection against cyber attacks – is so significant for the insurance industry.
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.