Insurer
Property claims: Detailed data sharing a must if 'them and us' attitude to be overcome
Insurers and supply chain managers have been urged to combat the 'them and us' divide by sharing more detailed data and making use of technology.
Equity renews motor insurance deal with HSBC's First Direct
Equity Insurance Partnerships has extended its affinity insurance partnership with First Direct, the banking brand which is a member of HSBC Group.
Prior investment leads to Q1 gains at BMS
BMS chief executive Carl Beardmore has attributed "successful investment" over the past two years to recent growth at the firm, underlined by a 28% rise in Q1 revenue on 2011.
Hardy latest Swiftcover exec to quit Axa PL prompting start-up rumours
The departure of personal lines boss Steve Hardy from Axa has prompted concerns not only of a culture clash between the original Axa Personal Lines business and the Swiftcover staff it inherited following the 2007 takeover, but that an overly controlling…
Editor's comment: Network connections
With rumours buzzing round the market about the nature of the fall out between Aviva and Broker Network, there have been inevitable suggestions of a sign that insurers are giving further thought to the value derived from some networks.
Commission demands blamed for end of Aviva and Broker Network relationship
Rival networks have accused Broker Network of demanding excessive commissions and over-riders from insurers after its relationship with Aviva, as one of its preferred providers, came to an abrupt end.
Interview: Damien Coates - the wizard of Oz
Charged with realising Hyperion's ambitions on the underwriting side, Damien Coates is a whirlwind of energy, keen to replicate his success around the world - although he may regret a marathon pact he made with marketing manager Marion May.
Flood cover: Sink or swim?
The expiry of the Statement of Principles is a year away, and the industry is looking for a replacement to cover the impact of flooding. Two ideas have been floated, but which will sink and which will swim?
Post magazine - 14 June 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
ABI hits back following industry grilling over riot response
The ABI has moved to defend its members in the face of stinging criticism that the industry has taken too long to pay out on claims originating from riots last August.
Tokio Marine expands Scottish team
Tokio Marine Europe Insurance has appointed Trevor McAuley to its marine cargo underwriting team, based in Glasgow.
CII centenary report points to insurance role in eco-issues
Insurance is likely to play a “key role” in the global environmental future according to the Chartered Insurance Institute, which has published the third in a series of new reports marking its centenary year.
Marsh issues warning over future D&O conditions
Buyers of directors and officers insurance have today been warned by Marsh to be on the lookout for a deterioration of favourable market conditions in the second half of the year.
Farr launches environmental impairment liability cover
Social housing market specialist Farr has unveiled an environmental impairment cover designed to protect against legal liability arising from contamination in or under land owned by clients.
Travelers considers stake in Esure
Travelers is reported to be in preliminary talks with Esure about buying a stake in the UK home and motor insurer.
MENA insurers show resilience
Insurers and reinsurers in the Middle East and North Africa region have shown resilience in the past year and continue to maintain secure ratings.
Airmic 2012: Risk management crucial to M&A activity
Acquisition hungry firms can gain an edge if they effectively manage the inherent risks associated with the process, a joint Marsh and Airmic report has revealed.
Airmic 2012: Buyers unaware of cyber cover market growth
Insurance buyers are in the dark over the growing market for cyber risk cover, research by Airmic has revealed.
Airmic 2012: Reservation of rights model clause to be published
Airmic is to publish a model insurance contract clause to prevent insurers reserving rights on claims without due cause.
Airmic 2012: Cover trumps price for global programme buyers
Some 97% of insurance buyers purchase a global programme based on certainty of cover and not price, XL research has revealed.
MYI's Gillan appointed Insurance Institute of Manchester president
McLarens Young International executive director David Gillan has been named as president of the Insurance Institute of Manchester.
Tysers boosts terrorism team with Morley appointment
Lloyd's of London broker Tyser & Co has appointed Simon Morley as a member of its specialist terrorism team, which forms part of Tysers' marine division.
Dual opens Austria office
Dual, the underwriting arm of Hyperion Insurance Group, will open Dual Austria in Vienna on 1 July and liability specialist Hannes Puchner will head up the operation.
Indian shippers to stop handling Iranian oil if government can't agree cover
Indian state-owned refiners look set to halt oil imports of 173 000 barrels a day from Iran, unless the government permits them to use insurance and freight arranged by Tehran.