Insurer
Ace recruits AIG’s Russell for PI role
Ace Group has appointed Geoff Russell as regional senior professional indemnity (PI) underwriter, UK and Ireland.
Staysure completes hat-trick of senior appointments
Staysure has completed a trio of senior appointments in a bid to boost growth.
Mitsui Sumitomo adds PI and D&O experts to team
Mitsui Sumitomo at Lloyd’s has hired Joe Warner and Andrew Pecover as professional indemnity (PI) and directors and officers’ (D&O) specialists respectively to its Syndicate 3210.
Midas Underwriting takes on Lorega man to boost broker service
Midas Underwriting has unveiled Jon Mainwaring as director of broker development for the south.
L&G broker director sets sights on motor market entry
Legal & General's (L&G) broker and intermediary director Mark Holweger has set his sights on entering the motor market in partnership with brokers later this year.
L&G enjoys strong COR improvement
Legal and General (L&G) has revealed that its combined operating ratio for the first half of 2013 improved markedly to 81%, from the 91% recorded for the same period last year.
Esure records 16.9% post-tax profit rise to £44.3m
Esure Group saw its post-tax profit jump 16.9% to £44.3m for the first half of 2013, up on the £37.9m recorded for the same period last year.
QBE's Smith returns to RSA
RSA has unveiled former QBE director Finlay Smith as UK commercial underwriting and pricing director.
Private investigator in Lloyd's of London blue-chip hacking claim
A private investigator who was jailed last year for his role in the blue-chip hacking storm has claimed that insurers at Lloyd's of London were among his clients, it has been reported.
Evolution in broker push with new sales co-ordinator
Evolution Underwriting has promoted Michelle Buckley-Clarke to the newly-created role of sales co-ordinator.
In-depth: Talent spotting
With the jobs market for young people in the doldrums, the insurance industry has huge numbers of applicants for trainee schemes, but it can be difficult to recognise the candidates with most potential. Andrew Pearce investigates how to coax out the raw…
Power hour: Motoring along
With falling motor premiums, the EU Gender Directive and telematics, personal lines brokers are facing some big changes, but there are opportunities as well. Andrew Pearce reports
ABI’s flood solution gets the nod
Government strikes provisional deal over Flood Re
Aviva to close 13 regional branches
Insurer offers additional onsite underwriters to brokers in affected areas
A great idea is no longer enough
Converting schemes concepts into real-world commercial prospects takes time and dedication, says Tony Bloomer
Polaris pulls the plug on iParc
Plans for a real-time personal lines rating hub dropped after talks break down
Market moves: Busy as a B
Overall this month it was really all about the Bs with Brit and Bluefin dominating the column inches. There has been a range of metaphors to describe the Market moves developments in the insurance industry over the years. Two prominent ones have been a…
No rest for the wicked
August is usually when we reach the peak of the silly season (if you take a positive view of it – many would term it the trough).
Allianz UK CEO "content" to see broker motor book shrink
Jon Dye, CEO of Allianz UK, has stated that the company is in “very good shape”.
Ageas UK CEO Watson commits to motor schemes market
Ageas UK CEO Andy Watson has admitted that the insurer is watching motor "very closely" as prices and profitability continue to fall.
NIG owner’s commercial COR drops to 105.3%
Direct Line Group, owner of NIG and Direct Line for Business, has reported a combined operating ratio of 105.3% for the first half of 2013, an improvement on the 112.7% in the same period last year.
Allianz delivers profit and revenue growth
Allianz Insurance has unveiled an increase in GWP to £996.3m (H1 2012: £965.1m) and an increase in profits to £86m (H1 2012: £75.3m) for the first six months of 2013.
Ageas UK enjoys 17.3% net profit rise
Ageas UK reported a net profit increase of 17.3% to £49.1m for the first half of 2013, up on the £41.9m posted for the same period of 2012.
Axa UK & Ireland reports improved half-year P&C COR
Axa UK & Ireland has delivered an improved combined operating ratio of 98.7% in property and casualty business for the first six months of 2013.