Insurer
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.
Aviva renews Cega partnership
Aviva has renewed its long-standing claims partnership with Cega Group.
Ace launches information privacy cover in Singapore
Ace's product provides coverage against claims for privacy infringement liability or defamation.
Homeowners fail to report crimes amid fear of impacting property values
Crime is going unreported in neighborhoods across Britain as the fear of impacting the rent or resale value of properties forces residents to keep silent, a new study from Direct Line has shown.
Job cuts highlighted as potential answer to digital disruption
Insurance executives are more concerned than bosses from any other industry about the disruptive impact digital technologies will have on their business over the next 12 months, according to research by consultancy Forrester.
ABI critical of draft Flood Re finance rules
The Association of British Insurers has deemed the draft rules on the financial management of Flood Re "unworkable" following the launch of a consultation on the scheme's regulations.
Beazley CEO Horton braced for MH17 war claims
Beazley chief executive Andrew Horton has admitted the speciality insurer could face exposure following last week’s Malaysia Airlines flight MH17 disaster.
Guy Carpenter appoints head of EMEA & international P&I
Guy Carpenter has appointed Simon Smith as head of international protection and indemnity as well as overseeing the Europe, Middle East and Asia region.
Axa appoints Kilshaw as London branch sales manager
Axa commercial lines and personal intermediary has appointed Martin Kilshaw as London branch sales manager.
Counter-fraud specialist Gracey goes solo
Crawford & Company's former counter-fraud boss Bobby Gracey has set up his own consultancy firm after quitting a senior role at the US investigation firm Global Options.
Ex-Independent colleagues Rutter and Blakemore launch underwriting start-up
The former head of London market at Independent Insurance Keith Rutter has co-founded a start-up underwriting firm alongside his ex-Independent colleague John Blakemore.
Insurance Fraud Awards 2014: Shortlist revealed
Today Post is pleased to reveal the shortlist for the 2014 Insurance Fraud Awards.