Property
Open GI gets Aviva green light
Open GI has become the latest technology firm to integrate its motor quote engine with Aviva’s web-based rating engine in order to provide more competitive, real-time rates to brokers.
CL boosts surveyors division with training programme
Cunningham Lindsey is offering its surveyors an improved training programme, as the claims management company looks to diversify and grow its surveying services division.
Aviva names Hudson as personal line broker boss
Sam Hudson has been appointed head of broker personal lines for Aviva.
One Call strikes Malta deal
Doncaster-based broker One Call insurance has become the latest intermediary to set up its own risk carrying captive insurer, Post has learnt.
RSA "ahead of curve" with cuts
RSA UK chief executive Adrian Brown has said the insurer's swingeing job cuts last year meant it was "ahead of the curve" in responding to the tough economic conditions.
XL boss bemoans 'heavy' Q1 catastrophe claims hit
XL Capital's property & casualty business's combined ratio slipped to 100.5% (Q1 2009: 92.1%) following what chief executive Mike McGavick described as "one of the heaviest levels of first quarter catastrophe activity in history".
Allianz looks within to replace Axa defectee
Allianz commercial property manager Tony Hutchins is leaving the business to join Axa next month, Post has learnt.
CGS founders outline £2m plan for Quadra
The founders of Carr Greenwood Smith have vowed to win back old clients after returning to the market following their split from Merlin.
Beazley sees significant gains in reinsurance and property in Q1
Beazley has reported a 195% increase in premiums to $438.2m in quarter one 2010 (Q1 2009: $368.9m). It added average rates decreased by 1%.
Hiscox to enter aviation as it reports £10m Deepwater hit
Hiscox’s gross written premiums grew year on year by 6.4% in local currencies to £504.1m in quarter one 2010(2009 Q1: £486.5 m).
Gulf spill to harden US energy rates - MarketScout
The premium and corresponding rates for all lines of commercial property and casualty business in the United States were down 4% for the month of April 2010.
Heath wins contract with BSS Group
Heath Lambert has won the contract to provide all general insurance cover for industrial and domestic services specialist BSS Group.
Munich Re Q1 profits rise
Munich Re has reported a quarterly profit of €485m up from €437m in Q1 2009 due to large gains from the disposal of investments but natural catastrophe costs “unusually high.”
Axa UK motor book grows 31%
Axa has reported that property & casualty revenues were stable at $9.24bn (£7.83bn) compared to the first quarter of 2009 ($9.1bn).
APC combines estate agent products
Underwriting agency APC has combined its specialist estate and letting agents products into one cover.
Claims Club News: Beware the apps backlash warns Williams
Any insurer considering introducing a claims app should be ready for a backlash warned David Williams, Axa's managing director of claims.
Keelan Westall to re-launch prestige broker club
The commercial property broker is to re-launch its Prestige Broker Club – a membership proposition for its top performing broker partners
Torus set to complete Glacier acquisition
Property and casualty insurer and reinsurer Torus has acquired Glacier Group subsidiary Glacier Insurance subject to regulatory approval.
Law reports: Tenant case underlines importance of evidence
Henley v Bloom (Court of Appeal — 9 March 2010)
View from the top: Last of the icy conditions?
It's been a hard winter for many — but particularly for insurers. Claims losses have been rising for several years and the recession isn't helping either. CIFAS, the UK fraud prevention service, says that 2009 saw a 55% increase in false insurance claims.
Kwik Fit's Meechan joins Tesco
Kwik Fit Financial Services insurance development director Gerry Meechan is set to join Tesco as part of its new general insurance structure, Post has learnt.
Aviva continues search for corporate risk MD
Aviva is still searching for a managing director to lead its corporate risk solutions team four months after its launch.
PCI weighs in on Senate regulatory reform debate
The Property Casualty Insurers Association of America (PCI) has voiced concerns over the reform of payments into resolution funds.
JLT seeing “increasingly soft market”
Broker JLT held its annual general meeting on 29 April, stating its outlook is “encouraging” for the 2010/11 financial year.