Insurer
Ageas expands Optima Bike policy
Ageas has expanded its Optima Bike motorcycle policy to include newer, higher value and high performance models.
Fraudster jailed after £2m PI claim to RSA disproved
A man who attempted to claim nearly £2m from RSA for a workplace injury is currently serving a six month jail sentence after pleading guilty to contempt in February.
Axa calls for reforms to tackle rising EL claims
Axa has called for tougher sanctions for claims management companies and an industry best practice guide on health and safety, after research showed employers' liability claims continue to rise.
Former Aon boss Martin named CEO of Willis Limited
Willis Group has appointed David Martin as chief executive of the group’s principal UK regulated entity Willis Limited.
Law Society to survey members on LEI
Arc Legal has cautioned respondents to a Law Society legal expenses insurance survey not to confuse commercial decisions by an insurer with dishonesty.
LV Q1 GWP slumps despite climbing policy numbers
Reductions in LV’s motor book have seen the insurer record increased policy numbers but falling gross written premium for Q1 on a year-on-year basis.
Novae hires PWC's Patel to oversee ERM strategy
Listed Lloyd’s insurer Novae has appointed Reeken Patel as chief risk officer.
TPA database to spark Lloyd's 'transformation', claims Charles Taylor CEO
Charles Taylor Insurance Services chief executive Stephen Card believes his firm’s new third party claims administrators central database will “transform” the management of TPAs in Lloyd’s.
Karen Hogg to become Igo4 commercial director this week
Igo4 has hired Axa’s former director of strategic partnerships Karen Hogg as commercial director.
St Jude storm losses hit £898m, according to Perils estimate
Catastrophe data firm Perils has increased its loss estimation relating to windstorm Christian, which wracked the UK at the end of October last year, to €1.091bn (£898.4m).
Autonet hires ex-Axa man Marshall as head of underwriting
Van insurance broking specialist Autonet Insurance has appointed former Axa assistant product manager Glen Marshall as its head of underwriting.
Magenta sells iprism stake
Growth investor Magenta Partners has sold its minority stake in underwriting agency iprism to UK private equity house Bowmark Capital.
Zurich offloads MCIS stake in Malaysia
Zurich is selling its 40% stake in Malaysian insurer MCIS Zurich for $93m (MYR 304m)after being required to sell it because of another acquisition.
Home and motor premiums continue downward slide in Q1
Home insurance premiums continued to fall in the first quarter of 2014, despite the winter flooding and storms that affected many parts of the UK, according to the latest AA British Insurance Premium Index.
Aspen UK adds McLarens to loss adjusting panel
McLarens has been appointed to Aspen UK’s loss adjusting panel following the underwriter’s first review since its launch in 2002.
Can insurance really be gamified?
by Ian Bowen, director at Innovation Group
The Linked In Debate - ghost vessels
by Rachael Adasms
Swiss Re calm on Gherkin woes
Swiss Re has confirmed that it does not expect the receivership of London’s Gherkin building to affect its tenancy.
LV Broker secures Brightside online motor deal
LV Broker has completed a deal to offer its Highway car product to Brightside online customers, including affinity partners.
EU probing Setanta collapse
The European Union is to investigate the collapse of Irish motor insurer Setanta, which moved to immediately dissolve itself last week.
Quindell launches suit on ‘defamatory’ note
Quindell has begun legal proceedings over an allegedly defamatory research note issued by Gotham City Research earlier this week.
Aqua hires Brown to lead commercial product development
Scott Brown has joined the commercial division at Aqua Underwriting as executive director.
Gherkin building falls into receivership
London’s Gherkin building, home to Swiss Re, has fallen into receivership after five years of defaults.
RSA axing UK professional indemnity covers from May
RSA is to take an axe to its UK professional indemnity book, withdrawing from excess of loss cover, as well as products for architects, design and construction, and survey and valuation.