Insurer
Editor's comment: Misguided? That’s putting it lightly
Underinsurance is a huge issue for the whole of the insurance sector and an ongoing battle for brokers, while putting the customer at the heart of every decision is becoming a mantra for the Financial Conduct Authority.
Insurers and government consider risk cover for growing asset-sharing sector
Concerns raised over claims management companies approaching the industry
Insurers maintain opposition to young driver curfews despite public backing
Sources suggest long-delayed green paper on young driver safety could be revived
Banning pre‑med whiplash settlements is not cost-effective, insurers tell TSC
Insurers refute Mass claim that pre-med settlements invite fraud
Ghost broker who targeted Yorkshire's Asian community jailed
A ghost broker who sold invalid car insurance policies to more than 100 Yorkshire-based motorists was today jailed for fraud.
Beijing insurance research organisation launched
Two Chinese insurance industry bodies have set up the Beijing Insurance Research Institute to support the reform of China's insurance sector.
FSCS GI provision payments increase by £10m
The Financial Services Compensation Scheme paid out £90m in the general insurance provision class during 2013/14 - a £10m increase on the previous year, according to its annual report.
Premiums to account for 5% of China’s GDP by 2020
The growth of the Chinese insurance industry is set to continue apace, with the China Insurance Regulatory Commission forecasting that premiums will account for 5% of gross domestic product by 2020.
AmTrust offers premium savings to solicitors using risk reduction software
Solicitors who use risk mitigation software will be rewarded with discounts on their professional indemnity premiums under a new initiative by legal risk software house Lexsure and insurer AmTrust Europe.
C-Suite - Insurer: The hidden cost of broker rates
With broker commission hitting unreasonable heights, the squeeze is on insurers and consumers alike
Interview: David Robinson: Giving the people what they want
David Robinson tells Post how listening to customer demand has been the driving force behind his strategy since taking over as Ace regional president for UK and Ireland
Non‑Executive Directors: Talking NEDs
As a survey reveals a growing reluctance among board members to take on non‑executive positions, Post talks to some of insurance’s leading non‑executive directors to gauge their views on the evolving nature of the role
Event Insurance: A festival of risk
As the UK’s appetite for festivals increases, so does the need for comprehensive cover. So how is the insurance industry keeping up with this demand?
DLG agrees equity investment in telematics firm The Floow
Direct Line Group has completed a 15% equity investment in specialist UK based telematics provider The Floow.
Penny Black's Insurance Week - 10 July 2014
Penny is a firm believer in self-congratulation – why shouldn’t one be rewarded with a piece of dark-chocolate brownie topped with crème fraiche for taking the stairs instead of the lift?
Penny Speed Meets... Paul Havenhand, head of insurance and travel, the Post Office
Penny meets the Post Office's head of insurance and travel, Paul Havenhand
Career development: CII promotes ‘speaking up’ with new whistleblowing guide
The Chartered Insurance Institute has launched a ‘speaking up’ guide on whistleblowing as part of its ongoing ethical guidance series.
Market Moves - 10 July 2014
All the latest job moves in the insurance market
Motor customers paying up to 90% APR for monthly instalments
Motor insurance customers are being charged annual interest rates of up to 90% for choosing to pay in monthly instalments rather than an annual sum, according to research.
European Space Agency funds satellite subsidence initiative
The European Space Agency has backed a Property Assure initiative to use satellites to study subsidence risks.
ECIC launches construction gear theft cover
Specialist insurer Electrical Contractors Insurance Company has launched a new cover against theft of plant equipment used on construction sites.
Biba to formulate guidance on sharing economy
The British Insurance Brokers' Association is to put together guidance on insuring risks for asset-sharing companies following a meeting between industry and government yesterday.
Spencer joins NN Group as international insurance CEO
Former Aviva UK and Ireland chief executive Robin Spencer has been appointed chief executive of international insurance at NN Group.
Market pressures driving price decreases at July renewals
Market pressures at 1 July renewals are continuing to drive price decreases across most countries and lines of business, according to Guy Carpenter.