Insurer
Brokers turn to unrated insurers for high risk clients
Towergate's decision to sign a £70m underwriting deal with Gable is evidence of a change in market perception on unrated insurers and an increasing willingness to use them, industry players believe.
Editor's comment: End of the world as we know it?
As 2012 draws to a close, the latest confident prediction from the doomsayers is upon us: the world will apparently end on 21 December 2012, marking the terminus of a 5125-year cycle in the ancient Mayan calendar, which abruptly ceases on that date.
Biba: female drivers could face 40% hike in premiums
Insurers have played down pricing implications for young female drivers ahead of the introduction of the EU Gender Directive next week, despite claims that premiums could rise by as much as 40%.
Loss Adjuster Insight: Providing a quality service
Insurance 360's third annual survey reviews the performance of UK loss adjusters during 2012
Interview: Rod Evans - Taking the bull by the horns
Assuming the role on the eve of major reforms to the industry, Forum of Insurance Lawyers president Rod Evans tells Post he is relishing the challenges ahead and looking forward to improving cross-industry co-operation.
Large bodily injury claims increasingly settled by periodic payment orders, Willis Re finds
Periodic Payment Orders are becoming increasingly prevalent in the UK motor market, with the larger, more serious bodily injury claims more frequently settled in this way, according to a report by Willis Re.
Post magazine - 13 December 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Competition Commission to investigate credit hire and aggregator markets
The Competition Commission has published its plans to investigate the lack of control involved in the supply of services in private motor insurance, the power of the four main aggregators, and the difficulties customers face when researching and buying…
EC Insurance appoints non-exec pair
Electrical Contractors' Association subsidiary EC Insurance has appointed two non-executive directors in the form of Gavin Richardson and Mark Crilley.
MGAs dubious on risk transfer consultation
Managing general agents suspect the FSA may have finalised new rules on risk transfer prior to closing its recent consultation.
Axa backs MoJ medical panels proposal
Axa has hailed the government's plans to introduce medical panels when assessing whiplash claims as a "major step" in combating fraud.
LV teams up with Risk Stop on SME surveys
Risk Stop has secured a three-year deal with LV to provide the insurer's commercial policyholders with questionnaires designed to assess SMEs' risks.
Post Claims Club chair's monthly missive: whiplash, flooding and nappy changing
Apologies for my tardiness with regards the lack of a November blog, but I was otherwise engaged with the birth of my first child.
Zurich rolls out online home product
Zurich has launched a new own-brand home insurance product which will be administered through a strategic partnership with its subsidiary Endsleigh.
Neave to quit Co-operative and pursue non-executive roles in 2013
The Co-operative has revealed that David Neave is stepping down as managing director of its general insurance business in the first half of 2013 after seven years in the job.
William Russell adds benefits to global health cover
International insurance provider William Russell will include additional benefits in its global health plan range for 2013.
IFB and Foil say whiplash proposals will curb claims abuse
The Insurance Fraud Bureau and the Forum of Insurance Lawyers have thrown their support behind the government's whiplash proposals.
Asian flood deaths down but losses increasing
Mortality from Asian flood events continues to decline but economic losses remain a major cause of concern, according to data from the United Nations Office for Disaster Risk Reduction.
Magnitude 7.2 quake strikes Indonesia
An magnitude 7.2 earthquake off Indonesia has been felt in Australia.
Wanna Insure launches telematics app
Software provider Wanna Insure is to launch a smartphone app that it says will help women drivers beat the incoming EU gender directive.
Biba and Aviva back MoJ whiplash consultation
The British Insurance Brokers Association and Aviva have become the latest insurance bodies to back the whiplash consultation from the Ministry of Justice.
Thompsons welcomes MoJ omission of EL and PL claims from whiplash consultation
Personal injury law firm Thompsons Solicitors has welcomed the government's decision not to include all personal injury claims, such as employers' liability and public liability, in its whiplash consultation proposals.
United India to enter Middle East and South Asia markets
State-owned United India Insurance Company plans to enter the Middle East and several South Asian countries owing to the large number of non-resident Indians living in these areas.