Insurer
Axa fraud boss Gaywood heads for the exit
Axa head of counter fraud for direct and partnerships Steve Gaywood is to depart the business, Post has learned.
LV investigation leads to jail sentence for fraudster
A Wolverhampton-based fraudster has been sentenced to 12 months in prison after attempting to claim compensation for a crash-for-cash car accident.
Independent midwives agree commercial PI solution
Independent midwives have agreed a commercial professional indemnity insurance arrangement allowing them to continue practising under new EU legislation.
Wreckage of crashed Air Algerie flight found
The wreckage of a crashed Air Algerie flight from Burkina Faso to Algiers was found over Mali yesterday.
AIA beats profit forecast
Hong Kong-based life and health insurer AIA's profits fell 20% in the first half of 2014 which was better than analysts' expectations of 28%.
Ana Cap completes Brightside acquisition
European private equity firm Ana Cap Financial Partners has completed its acquisition of broker Brightside Group.
Video: Ashwin Mistry, president of the Chartered Insurance Institute
Just hours after being officially named as president of the Chartered Insurance Institute at yesterday’s annual general meeting, Ashwin Mistry caught up with Post news editor Callum Brodie to outline his ‘one voice’ mission statement for his 12 months in…
Polish regulator KNF to look at conflicts of interest
The Polish regulator's focus on insurance is shaking up the sector, reports Iain Batty
Aviva and Vodafone agree seven-year deal
Aviva has signed a multi-million pound seven-year deal with Vodafone to provide a range of services including cloud storage, conferencing services and instant messaging.
War risks market faces 'substantial rate increases' in wake of MH17 loss
The war risks market is likely to experience “substantial rate increases” following the total loss of Malaysia Airlines flight MH17, according to a report by AM Best.
Ageas promotes Farr to Midlands underwriting role
Ageas has appointed Adam Farr as commercial regional underwriter for the Midlands.
LMA claims and underwriting boss Humberstone joins Capita
Capita Insurance Services has appointed the London Market Association’s Doug Humberstone as director of shared services.
Increased competition takes its toll as Lancashire profits plummet
Lancashire Holdings has seen its profit before tax nosedive by almost $40m (£23.5m) in the opening six months of the year on the 2013 half year figure of $137.2m.
MGAA membership hits 93 as original steering group is honoured
Managing General Agent Association chairman Reg Brown has heralded the association’s work in raising regulatory awareness of the booming sector after revealing the MGAA now represents more than £3.3bn of gross written premium.
Insurers adopt watch-and-wait approach to India ahead of proposed FDI changes
The proposed increase in the foreign direct investment cap in Indian insurers from 26% to 49% may not have the desired effect if the conditions for investment are too stringent, according to market commentators.
Which? clamps down on financial products' ‘sneaky fees'
Which? is calling for clarity around fees and charges on financial products following an investigation that revealed 50% of the motor insurers it examined had increased their fees in the past three years.
Aviva calls for rehab-only compensation for minor road accident injuries
Aviva is pushing for changes to motor insurance compensation including cutting cash compensation for minor whiplash injuries and restricting personal injury lawyers to cases where their expertise is needed.
CII president Mistry hammers out 'one voice' agenda
Chartered Insurance Institute president Ashwin Mistry has issued a rallying cry for other industry organisations and trade bodies to get behind his ‘one voice’ agenda in a bid to exceed increasing consumer expectations.
Tesco Compare to close next month
Tesco is to shut down its price comparison website Tesco Compare from 31 August.
The commodity trap
Traditional insurers can be left feeling they can compete only on price - especially as competitors from the retail space continue to make headway into the market
One in five holidaymakers risk traveling uninsured
Travel insurance helps over 4,300 people every week, yet one in five holidaymakers risk traveling without it, according to new data from the Association of British Insurers.
Bridges joins Biba as technical services manager
The British Insurance Brokers’ Association has appointed Martin Bridges as its technical services manager with immediate effect.
Post magazine – July 2014 - Claims video edition
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.
UK motor market not seeing 'sustained recovery in prices'
Despite investor hopes of a hardening market for UK motor, no insurer is making the level of losses needed to spark “a sustained recovery in prices”, according to research from Exane BNP Paribas.