Insurer
LMA calls for industry standard on drones
The Lloyd’s Market Association has provided input for a European Commission study on the liability and insurance requirements generated by Remote Piloted Aircraft Systems.
Capita takes second MGA stake
Capita has taken an equity stake in a managing general agent for the second time, investing in Infinity Agency Limited.
AIG promotes Cloughley to bolster UK private client group
AIG has boosted its UK private client group with the appointment of Patrick Cloughley as senior business development manager.
Add-on sales top the agenda in Competition Commission talks
CHO critical of commission’s credit hire cost calculations,
DLG profits raised 14% by boosted reserve releases
Direct Line Group has reported profits boosted by 14% for 2013, resulting from substantial increases in reserve releases.
Insurers reject campaign to include previous premiums on renewal letters
Swiftcover is only firm in Which? survey to inform customers of last year’s price.
Editor's comment: Pressing the advantage home
Prime Minister David Cameron told the nation “money is no object” when he declared the recent floods a national emergency and staked his personal authority on rebuilding damaged UK regions to make them more resilient to extreme weather.
Insurers doubtful government will approve VAT waiver for flood repairs
Business secretary calls for VAT on flood renovation and repairs to be cut to 5%.
Claims Club News - 27 February 2014
All the news from Post’s Claims Club event on 19 February
Citibank recruits Luk as head of insurance in Hong Kong
Citibank has appointed Virginia Luk as head of insurance in Hong Kong after its recent 15 year 11 country deal with AIA.
Zurich recruits from Axa for Hong Kong health role
Zurich has appointed Elaine Chan to the position of senior head of the medical division of its general insurance business in Hong Kong.
Post magazine – 27 February 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.
BIA Countdown: 20 years of personal lines insurance
As part of Post's countdown to the 20th anniversary of the British Insurance Awards in July, we spoke to personal lines specialists who have experienced wins over the years, asking them how the industry has changed since the first BIAs in 1994.
Expertise in Action: Occupational disease claims from industrial deafness to mesothelioma
Despite a decline in the UK’s traditional manufacturing industry - and the tightening of legislation to improve hearing protection, industrial deafness claims are on the rise.
Expertise in Action: Employers’ Liability: Taking the hit
The Mesothelioma Act means the employers’ liability market will suffer another hit as it seeks to absorb the costs of funding the compensation scheme.
Expertise in Action: Employers’ Liability: Have you heard?
Noise-induced hearing loss claims may be set to fall in number in the future but insurers must face the challenges they bring today.
Digital Currency: Currency in the cloud
Interest in digital currencies has been piqued as technology pioneers begin to research the insurance possibilities.
Legal update: Fraud: Fraudster jailed for nine months after surveillance proves exaggeration
Leanne Revitt examines a case where a claimant grossly exaggerated his injuries.
Penny speed meets... Andrew Sherwin, operations director, Aquarium Software
Being an insatiable socialite, Penny Black is always eager to probe the personalities behind the professional veneer of her industry friends. What better way to squeeze in and share as many intimate revelations as possible than her very own ‘speed…
Market Moves - 27 February 2014
All the movers and shakers in recruitment in the insurance industry this week.
Penny Black's Insurance Week - 27 February 2014
Even Penny gets a name wrong once in a while.
C-Suite broker: Solving fraud through collaboration
Some criminals are moving from smuggling drugs to smuggling ivory, as the chances of getting caught are lower and the penalties more lenient.
C-Suite – Insurer: Where will the tech journey lead?
Insurers should be looking to seize upon the opportunities presented by telematics and driverless cars.
North of the border: All change for personal injury
The Courts Reform (Scotland) Bill promises to streamline Scotland’s civil courts.