Insurer
Australian homebuyers warned over rising premiums as climate changes
An Australian consumer watchdog Choice and Australia's Climate Institute are warning homebuyers to factor in rising premiums as a result of climate change.
Allianz working to protect Bristol staff at risk of redundancy
Allianz is hopeful around half of the 41 employees at risk of losing their jobs due to the planned closure of its Bristol business insurance centre will be found roles within the group.
Prosight bolsters underwriting team with multiple hires
Prosight Specialty Underwriters has appointed David Dunning as chief financial officer alongside a number of appointments in its underwriting team.
Ifed investigation leads to four 'crash for cash' arrests
Four people have been arrested in dawn raids following months of investigation by the Insurance Fraud Enforcement Department into a suspected ‘crash for cash’ gang.
Simmons becomes Ecclesiastical's first UK commercial director
Ecclesiastical has appointed Kevin Simmons to the newly created role of commercial director in its UK general insurance business.
Riot damages cap proposed in Queen's Speech
The government has signaled its intention to limit the compensation insurers can receive following riots with a series of amendments proposed in the Queen’s Speech this morning.
Hiscox adds two more to London D&O unit
Hiscox has added two more new hires for its London market management liability team, having previously recruited a duo from QBE and Allied World.
Brit poised for promotion to FTSE 250 exchange
Brit Insurance is to be included on the FTSE 250 index on the London Stock Exchange as part of a quarterly reshuffle of listed firms.
Axa motor boss Byford to head up retail underwriting at ERS
ERS has hired Axa’s head of motor personal lines intermediary Jon Byford to head up retail underwriting at the broker-only motor insurer.
Post magazine – 5 June 2014
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.
Barbican launches tech errors and omissions facility
Barbican Insurance Group has established a new technology errors & omissions consortium to underwrite technology errors & omissions business on a worldwide basis
IAG CEO calls for investment in natural disaster mitigation
IAG's CEO Mike Wilkins wants the Australian government to invest in making communities more resilient.
Industry gets behind FCA call to push conduct up board agendas
Regulator’s CEO asks firms to detect conduct issues earlier
Insurers vie for RSA broker motor business despite ‘unsustainable’ label
LV and Zurich among the major insurers looking to capitalise on RSA’s motor cuts
Ifed dismisses ‘London-centric’ tag and defends conviction statistics
ABI funding of Ifed to increase despite £105 000 cost to industry per prosecution
News Editor's Comment: A necessary evil
“Trussed up and roasted like a chicken” was how one veteran City commentator described the end of Stephen Hester’s tenure as chief executive of Royal Bank of Scotland this time last year.
Penny Black's Insurance Week - 5 June 2014
Penny’s cockles were well and truly warmed this week to see victims of this winter’s flooding in Somerset band together in support of those hit by similar events in the Balkans.
Legal Update: Occupiers Liability: Trespass incident results in rejected claim
Judge rejects argument moat was a ‘hidden trap’ as Dover District Council defends claim. Lauren Gosnell reports on a case that offers further comfort to occupiers
Adding 1 eyes regional brokers after reforming as an MGA
Former Jersey-based intermediary Adding 1 has reformed as a managing general agent and is targeting independent brokers across the UK.
One third of consumers want shorter policy wordings
One third of consumers would like to see shorter and clearer policy wordings, according to a survey from Consumer Intelligence.
Career development & CSR: Cunningham Lindsey marks 100th Cardiff apprenticeship
Loss adjuster Cunningham Lindsey has celebrated its 100th completed apprenticeship in Cardiff, taken on by motor solutions team leader David Beard.
Career file - Luke Savage: Savage to leave Lloyd’s for Standard Life
Lloyd’s finance and operations director Luke Savage is departing after 10 years to take up the chief financial officer role at Standard Life.
Market Moves - 5 June 2014
All the latest job moves in the insurance market
Alternative Business Structures: A quick fix?
The ownership of legal firms by non-lawyers via alternative business structures has always been contentious – but as the Transport Select Committee launches an investigation into the models Post finds out whether the existing structures are being used as…