Insurer
O'Neill to remain in Marketform top role
Specialist Lloyd's insurer Marketform Managing Agency has confirmed that interim chief executive John O'Neill, pictured, has taken up the position on a permanent basis.
Market moves: Brokers lead the recruitment charge
Another action-packed week in terms of recruitment saw the vast majority of movers and shakers switch roles in the broking market.
Travelers makes redundancies in Surrey as work is transferred to regional offices
Travelers has confirmed it is making redundancies in its Surrey headquarters as part of a restructure that aims to push greater underwriting authority out to its UK regional network and closer to its broking partners.
Your say: Specialists have their place
Dr Greenaway's opinion is a valid argument: where loss adjusters come into their own is as specialists, providing insurers with an independent professional and technical skill set that insurers do not possess.
Your say: Offensive assault allegation
I enjoy engaging in discussion with Tom Jones, verbally and through the pages of Post. But I was surprised by his implied suggestion that we have compared deafness claims to whiplash.
Penny Black's Insurance Week
Getting down with the kids
Penny speed meets... James Rawstron, pricing and planning analyst, Groupama
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 meeting…
Accounting Standards: Slow but steady
Eight years since the 'interim' International Financial Reporting Standards were introduced, progress is still slow on final implementation.
Spotlight On Medical & Health: The heart of the matter
The barriers of medical science are constantly being pushed back, and third-party liability is just the tip of the iceberg when it comes to the cover required for research and development projects.
Spotlight On Medical & Health: The long-life experiment
With an ageing population presenting new challenges, how can the insurance industry turn the problem of increased longevity into an opportunity?
Roundtable: How can fraud be halted at the underwriting stage?
There has long been a focus on fighting fraud at the claims stage, but could more be done to discourage would-be fraudsters at an earlier juncture?
Comment: New framework for civil juries
A bench of five judges in the first division of the Inner House of the Court of Session has radically altered the way in which future civil jury trials will be conducted in Scotland, says David Di Paola.
Your say: An unedifying campaign by insurers
How can Aviva UK GI chief executive David McMillan say it would be a positive move to cut and cap an injured person's damages, asks Karl Tonks.
View from the top: Call for creative collaboration
As priorities for business change, insurers must make sure they do not become irrelevant, says Andrew Horton.
Airmic backs disclosure proposal
The Law Commission's proposal to water down commercial policyholders’ duty of disclosure has won the backing of John Hurrell, chief executive of risk management body Airmic, who believes that potential law changes will lead to a shift in the underwriting…
Groupama UK criticised for bid to distance itself from French parent
Groupama's UK operation has been accused of "ignoring its financial history" by attempting to distance itself from the group’s Standard & Poor's BBB- downgrade.
Go Compare founder rules out Esure deal
Go Compare founder Hayley Parsons has dismissed claims that Esure boss Peter Wood will acquire the business, stating the company is very much her "baby" and will not be taken over.
Zurich appeal dismissal opens door for insurers in fight against fraud
Zurich's claims fraud and investigations manager Scott Clayton, pictured, has vowed to "take the positives" from this morning's failed Supreme Court appeal by reinforcing the message that future fraudsters will face prison sentences.
"Disappointment" for insurers in Fairclough v Summers case
The UK's Supreme Court handed down judgment today in a seven-year battle over an exaggerated insurance claim.
Liberty Mutual joint venture to start writing Indian business
Liberty Mutual Insurance joint venture, Liberty Videocon General Insurance Company Ltd, has been granted regulatory approval to begin operating in India.
Editor's comment: Anti-climaxes and last laughs
Based on the column inches of coverage generated by alternative business structures since their advent was announced, the revelation that a mere seven firms have secured such status in a full six months smacks of anticlimax.
New Eiopa guidelines aim to harmonise supervisory practices
The European Insurance and Occupational Pensions Authority published a set of guidelines today aiming to establish consistent, efficient and effective supervisory practices, and ensure the uniform and consistent application of EU law.
Fairclough judgment may lead to further litigation
Law firm Hogan Lovells said the judgment represents a "limited step forward" in fighting insurance fraud and may lead to further litigation.
Post magazine - 28 June 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.