Insurer
Airmic 2014: Petition Osborne on contracts bill says Law Commissioner
Law Commissioner David Hertzell has called on backers of the Insurance Contracts Bill to write letters to both Chancellor George Osborne and the Treasury demanding it moves forward before the election.
Airmic 2014: Airmic unveils commercial cover buyers guide
UK risk management association Airmic has launched a new guide for commercial insurance buyers designed to leave them better informed on what coverage they need.
RSA preparing to divest Asian operations, states report
RSA is looking to offload its Asian operations in an auction that could generate up to $500m (£294m), according to a Reuters report.
Couple sentenced for £1.1m life insurance fraud
A man who faked his own death and his wife were sentenced to prison today after fraudulently claiming £1.1m from life insurance policies and investments.
Roundtable: Digital: Social media: Digital debate
How has the insurance industry embraced digitalisation and social media? While some areas of technology have been embraced, can others be improved?
Airmic 2014: Innovation top insurance concern among risk managers
Lack of innovation is the biggest complaint risk managers have about the insurance industry, according to the latest annual poll of Airmic members.
Fraud Focus: Will fraudsters flourish?
Reported fraud levels are on the rise, the number of motor claims being retained on the Ministry of Justice portal remain high, fraud litigation volumes are decreasing, and average damages payments are rising and qualified one-way costs shifting is now…
Comment: Health hazards post-flooding
The health impact of mould and bacteria after a flood event are generally overlooked
C-Suite - Insurer: Aiming for happy customers
Customers must be the most important element of an insurer’s business
Zurich launches enhanced home cover for 'super rich'
Zurich has launched a new home policy aimed at Britain’s wealthiest individuals.
Penny Black's Insurance Week - 19 June 2014
Penny was shocked to see that one Chinese insurer would not be offering ‘World Cup elimination insurance’ to England fans as the tournament kicked off last week.
Career development & CSR: Cunningham Lindsey wins Gold Award for health and safety for ninth time in a row
Cunningham Lindsey has been handed a ninth consecutive Gold Award in the Occupational Health and Safety Awards 2014, run by the Royal Society for the Prevention of Accidents.
Career file - Phillip Oldcorn: Dual names Oldcorn as COO for Europe
Dual asset underwriting managing director Phillip Oldcorn has been promoted to the newly created role of chief operating officer for Europe at the Hyperion underwriting arm.
Market Moves - 19 June 2014
All the latest job moves in the insurance market
Validus bolsters senior team with trio of hires
Norwich-based insurance services firm Validus-IVC has added a pair of former Aviva employees and an ex-LV claims man to its senior team.
Aviva data shows crash for cash incidents up 51% last year
Aviva is calling for stronger deterrents for crash for cash gangs after claims fraud data from the insurer revealed there had been a 51% increase in fraudulent slam-ons last year.
Three year deal penned between RSA and Market Harborough
RSA has reached an agreement with Market Harborough Building Society that will see the insurer underwrite its home building, contents and buy-to-let insurance as part of a three-year partnership.
Flood defence funding at 'bare minimum'
Funding for maintaining flood defences is at a "bare minimum" and is the first area to be cut when "budgets are tight", according to the Environment, Food and Rural Affairs Committee.
Industry veteran Skuza to join Guy Carpenter
Guy Carpenter & Company has appointed Boguslaw Skuza as chairman and managing director of its Central and Eastern Europe operation.
Cyber fear outweighs board level ownership
Only 14% of medium to large-sized companies have an insurance policy in place against cyber risk, according to a poll by Marsh, despite more than half (56%) of those surveyed placing it in the top five risks faced by their firm.
Data sovereignty increasingly important in Asia, says Equinix
International data centre operator Equinix believes insurers need to think more about where their data is stored as regulations increase in Asia.
ING insurance IPO share price range gives value of €7bn
ING has set a pricing range for the sale of shares in its European insurance arm that indicates the business is worth roughly €7bn.
ASEAN economies worth $2.31trn, says AM Best
According to analysis by AM Best the 10 ASEAN region economies are becoming an integral part of the global economy.
Airmic 2014: Financial services most exposed to cyber risk
The financial services industry is the most susceptible to cyber attacks in the UK, according to results from data provided by Aon’s cyber diagnostic tool.