Insurer
RSA unveils new personal lines broker MD
RSA has appointed Jill White as managing director, personal lines broker, following the announcement of a change in role for previous chief Steve Kingshott.
"Dysfunctional" motor market referred to Competition Commission
The Office of Fair Trading (OFT) has provisionally decided to refer the private motor insurance market to the Competition Commission.
RSA partners with Ingenie on telematics
RSA has signed a deal with Ingenie to provide underwriting capacity for the telematics offering targeted at drivers 17 to 25.
Bernard Mageean leaves Broker Network for Giles
Giles Insurance Group has appointed Bernard Mageean as managing director, underwriting and wholesale.
Insurers losing customers due to poor websites, study finds
UK home and motor insurers could be losing potential customers by providing a poor online user experience, according to research from Global Reviews.
Admiral's shares overvalued according to asset management firm
Asset management firm Investec has delivered a withering report on the value of Admiral’s shares advising investors to sell and describing the value of the shares as the “epoch of incredulity”.
Ageas looks to Groupama for new household underwriting chief
Ageas has appointed Groupama’s head of household as its new head of household underwriting.
CCV wins chartered status
Cullum Capital Ventures (CCV) has been awarded chartered status by the Chartered Insurance Institute (CII).
Direct Line to pay shareholders £500m dividend
Direct Line Insurance Group has declared an interim dividend with an aggregate amount of £500m.
Three arrests in Liverpool over cash for crash fraud
Three people have been arrested in Liverpool as part of an on-going investigation into a suspected cash for crash fraud operation estimated to be worth more than £1m.
Insurers behaving in 'morally repugnant' fashion over PI auctions
A solicitor’s firm has branded the practice of auctioning books of personal injury claims morally repugnant and bankrupt.
Underinsured flooding risks costing £1bn a year
Uninsured or underinsured flooding risks are costing £1bn a year in England and Wales according to new figures.
Lloyd’s preparing for euro disintegration
Richard Ward, chief executive at Lloyd’s, has confirmed the insurance market has prepared for the collapse of the Euro and put a multi-currency settlement option in place and ready to go.
Cobra takeover deadline extended for Alto
The deadline for a deal between Cobra Holdings and Alto Intermediary Group has been extended until 7 June 2012.
QBE bags public sector contract
QBE has signed a deal to underwrite the public sector business of AJ Gallagher subsidiary Risk Management Partners (RMP).
Arista reports improved GWP and turnover for 2011
Arista has reported gross written premium (GWP) of £74m for 2011, a 10.5% improvement on the £67m it recorded in 2010.
RSA teams up with fish and shellfish specialists
RSA has agreed to provide Global Aquaculture Insurance Consortium (GAIC) with capacity to underwrite aquaculture business on a global basis alongside an existing Lloyd’s panel.
Admiral Group wins top spot on best workplaces list
Admiral Group has been named the best large place to work in the UK in the Great Place to Work Institute’s Best Workplaces list.
Aviva finance officer leaves to join Torus
Torus has appointed Tim Harris as its new group chief financial officer.
Former Zurich financial officer joins Deloitte
Deloitte has appointed a new partner in its general insurance actuarial team.
APC extends cover for cleaning sector
APC has launched a new scheme for cleaning contractors.
UK motor insurance industry COR improves to 106%
UK motor insurers reported a net combined ratio of 106% as the market grew by 10% to reach £14bn in premiums in 2011, according to figures from Deloitte.
CII launches apprenticeships guide
The Chartered Insurance Institute (CII) has launched a guide to hiring and getting the best from apprentice employees.
UK economy shrank more than predicted in first quarter
The UK economy shrank by 0.3% in the first quarter of 2012, according to figures from the Office of National Statistics (ONS).