Insurer
Insurance fraud tipped to rise amid tough economic conditions
The current economic climate is expected to lead to an increase in the number of consumers willing to commit insurance fraud, according to a You Gov survey commissioned by Equifax.
David Hall to leave Aviva for QBE
Aviva corporate and specialty risk managing director David Hall is to leave the business.
Europe: Mobile phone insurance
Has the Fincial Conduct Authority's review into the mobile phone insurance industry gone unnoticed, both in the UK and across the continent?
Rebranded BLM becomes £100m business following HBM Sayers merger
Berrymans Lace Mawer has rebranded as BLM having formally combined with Scottish firm HBM Sayers to form a £100m business.
APC unveils PI team and new products
Commercial underwriter APC has launched a professional indemnity underwriting team and expanded its product offering in that area.
Beazley claims manager Folliard joins Markel
Markel International has appointed Beazley’s Gabrielle Folliard as claims manager for its professional and financial risks division.
Charity non-liable for trespassing accident rules High Court
A charity will not be held liable for injuries sustained by a trespassing woman who fell into a four metre ditch at the side of a visitors’ car park.
Liechtenstein-based Gable to write UK motor business
Gable Holdings has received approval to underwrite three classes of motor insurance in the UK.
Lloyd's presence adds 50% to Lancashire GWP in Q1 as new CEO steps up
Lancashire Holdings recorded a combined operating ratio of 66.4% in the first quarter of 2014 (Q1 2013: 51.2%) as no major losses were added to a late reported energy claim that adversely impacted the firm’s full year results.
Allianz kicks off commercial growth plan with broker proposition
Allianz Commercial has launched a wholesale and retail proposition to the UK broker market; the first in a series of planned moves to increase its footprint in the mid-corporate sector.
RSA promotes Hirst to mid market role
RSA has appointed Paul Hirst as mid market regions director leading a team of 450 staff.
AA launches comprehensive household product
The AA has launched a home insurance policy offering unlimited cover for buildings and contents as well as increased cover for personal possessions.
Labour MPs considering PI fears for SME manifesto
Labour MPs are weighing the inclusion of employers' fears on workplace personal injury claims in the party's upcoming SME manifesto, following an Axa report on 'compensation culture'.
QBE appoints Simpkin chief information officer
QBE has appointed of Malc Simpkin as chief information officer.
Seven Quindell directors boost shareholding
Seven directors of outsourcing firm Quindell have bought shares in the company since Monday following volatility in the stock after the “defamatory” note released by Gotham City.
Germany set for direct business expansion
German insurers are set to benefit from a boosted proportion of direct business, according to a report from Fitch.
Post magazine – 24 April/1 May 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.
Saga confirms £550m float plans
Saga has formally declared its plans to launch an initial public offering for at least 25% of the business, raising £550m.
New Zealand regulator delays IAG Wesfarmers decision
The New Zealand regulator has once again delayed a decision on approving Insurance Australia Group's acquisition of Wesfarmers' underwriting division.
FWD opens in the Philippines
Hong Kong-based life insurer FWD to set-up in the Philippines.
ABI tracker reports 3% drop in quarterly motor premium rate
Data from the Association of British Insurers’ motor insurance premium tracker shows premiums in Q1 2014 fell 3% on the previous quarter.
Editor's comment: Time to walk the walk on service
If I had a pound for every time I heard the phrase ‘the customer is key’ or we are putting the customer at the ‘heart of the process’, I would be less worried about paying into my son’s college fund.
Quindell sues Gotham City after research note sparks share price drop
Analysts urge outsourcer “to allay investors fears” ahead of main listing
Insurers braced for fresh wave of claims as Savile compensation ads published
Vigiliance needed due to fears over fraudulent claims