Insurer
Quindell to expand claims offering with ALH purchase
Quindell Portfolio is to buy Abstract Legal Holdings (ALH), parent company of Accident Advice Helpline, on or after 2 April 2013.
AA welcomes extra flood defence cash
The AA Insurance has welcomed the news that the government will invest a further £120m on flood defences.
Mitsui at Lloyd's adds to marine team
Mitsui Sumitomo at Lloyd’s has appointed Darren Carr as class underwriter.
Video: insurance is not viewed in same light as other professions
The insurance industry needs to “elevate” itself in terms of professionalism, brokers claimed at Insurance Age's recent Broker Expo.
Keep calm and carry on
Within the space of 10 minutes yesterday more than 350 jobs were effectively chopped.
NIG: Regional changes will take effect from May 2013
The changes to NIG’s regional structure are set to take effect from May 2013, NIG managing director Jon Greenwood told Insurance Age.
90 jobs hang in balance at NIG
Around 90 roles are at risk at NIG’s regional offices as Direct Line Group moves forward with the third stage of its cost-cutting plans.
Aviva to cut 120 jobs from Sheffield Asprea office
Aviva will cut 120 jobs from the Sheffield office of its claims management service Asprea.
BGL simplifies rate change processes ahead of EU gender ban
The BGL Group has made amendments to its rate change process in response to the European Court of Justice’s gender ruling which comes into force on 21 December.
Floods may cause 50% home insurance premium spike
Home insurance renewal premiums could rise by up to 50% in wake of the latest floods, PricewaterhouseCoopers (PwC) has warned.
JLT warns of "economic chaos" after flood insurance impasse
JLT has warned that the current flood insurance deadlock could soon harm commercial insurance.
S&P expects motor investigation to have "small" impact
Standard and Poor's (S&P) expects that the Office of Fair Trading's (OFT) decision to refer the motor market to the Competition Commission will only have a "small" impact on insurers.
Chubb turns to the law for European casualty claims manager
Chubb Insurance has appointed Lisa Payne-Lawrey as European casualty claims manager based in London.
Fitch predicts flood insurance pool
Fitch has stated that the most likely solution to providing insurance coverage in high-flood risk areas of the UK is the introduction of a non-profit risk pool.
Insurance insolvencies tumble
The latest BusinessIQ Insolvency Index has revealed a dramatic drop in insurance related insolvencies, with eight businesses failing in October 2012, a 68% fall on the same month in 2011.
ABI claims government flood talks have hit deadlock
The Association of British Insurers (ABI) has claimed that government talks over securing long-term flood insurance for high-risk households have reached deadlock.
Insurers facing worst flood damage bills since 2007
British insurers are expected to face the worst flood damage bills since 2007, PricewaterhouseCoopers (Pwc) has warned.
Axa goes to Ace for management liability underwriter
Axa Commercial Lines and Personal Intermediary has appointed Adam Wickens as senior management liability underwriter.
There's no need to worry
The Motor Accident Solicitors Society has branded the IFB’s findings on crash for cash scams “astonishing”, and some of the figures really are shocking.
Compliance pay costs soaring
Research by recruitment firm Robert Half has pinpointed the soaring costs of compliance experts on the City of London.
MASS calls for better resources to tackle crash for cash fraud
Crash for cash figures released by the Insurance Fraud Bureau (IFB) have been branded “astonishing” by the Motor Accident Solicitors Society (MASS).
Catlin goes to Xchanging for new claims chief
Catlin Group has appointed Glenn Brace as group claims director.
Almost 10% of the UK would consider 'crash for cash' scam
Almost 10% of the UK would consider taking part in a ‘crash for cash' scam for financial gain, a report released today has revealed.
Former Deloitte head named as RSA chairman
RSA Group has unveiled former Deloitte head Martin Scicluna as its new chairman.