Insurer
HNW intermediaries facing bank and direct provider threat
High net worth (HNW) insurance intermediaries are coming under increasing market share pressure from banks and direct providers, according to research published today by Defaqto.
Insurance fraud in decline in Q2
Attempted fraud in the insurance industry fell by 16% between April and June 2012, according to new figures released by Experian.
Outgoing Rural founder pays tribute to colleagues and brokers
Outgoing Rural Insurance deputy chairman and founder Lance Harvey has paid tribute to the brokers he has worked with ahead of his retirement in September.
Zurich tees up for growth with golf scheme
Zurich Insurance has become the underwriter for the 20 year old ‘Par Excellence’ scheme run by Glasgow-based Circle Golf after signing a long term deal with the golfing specialist.
Aviva unveils new head of fraud in front-end clampdown
Aviva has swooped to appoint a new head of fraud for underwriting, pricing and product to boost front-end fraud detection.
UK General takes on ex-Towergate man as business development chief
UK General has appointed Andrew Tailby as head of business development in its commercial division.
AA warns fight is still on to crack down on uninsured drivers
AA Insurance has welcomed the seizure of the UK's millionth uninsured vehicle this morning - but warned the fight is still on to crack down on uninsured drivers.
Millionth uninsured vehicle to be taken off road
The Motor Insurance Bureau (MIB) has predicted that police in Birmingham will today seize the millionth uninsured vehicle in the UK as part of an operation to disrupt criminal activity.
Canopius completes Omega deal
Canopius Group has confirmed the completion of the acquisition of Omega Insurance Holdings.
Arc Legal strikes schemes deal with e-Underwriting
Arc Legal has struck a deal with e-Underwriting to provide two legal expenses schemes for its household and property owners portfolios.
Chaucer aims to boost broker access with cargo appointment
Chaucer has appointed Geoff Wilkinson as cargo class underwriter in the marine division of Chaucer Syndicate 1084.
Insurance insolvencies drop by 85%
The number of insurance companies going bust plummeted by 86.1% last month, compared to July 2011, according to statistics published today by Experian.
Profits up at Amlin
Amlin has returned to pre-tax profit in the first half of 2012 with a result of £184.5m reversing a loss of £192.3m in the same period last year.
QBE expects Brit purchase to deliver extra £175m GWP
QBE Insurance Group expects the purchase of Brit's UK regional business to deliver an extra £175m of gross written premium (GWP) in its first full year.
Zurich results dip caused by pensions 'blip'
Zurich’s UK general insurance business enjoyed a good half year performance, distorted by a one-off pension “blip”, according to Karl Bedlow, managing director of personal lines.
Fitch upgrades Hiscox to A+ with stable outlook
Fitch Ratings has upgraded Hiscox Group’s, insurer financial strength (IFS) ratings from A to A+.
Aviva rocked by S&P downgrade over strategy fears
Aviva has been hit with a rating downgrade by Standard & Poor's (S&P) amid concerns its strategic plan will create "significant risks and costs".
Zurich UK GI business reports drop in profit, GWP and COR
Zurich UK has reported a £52m operating profit for its general insurance (GI) arm in the first half of 2012.
Towergate London Markets in redundancy talks with staff
Towergate has confirmed that jobs may be lost in its London Markets business.
Former Merlin man snubs LAS for Direct Group
Former Merlin loss adjusting and claims services director Russell Crewe has snubbed LAS Claims and instead joined Direct Group.
Markel boosts UK retail division with Chartis hire
Markel UK has appointed Julia Churchill as broker development manager for the South.
Axa and GAB Robins extend contract by three years
Axa has renewed its commercial property loss adjusting contract with GAB Robins by three years.
Chaucer raids Ace for new catastrophe risk head
Chaucer has snapped up Nick Barter from Ace European Group as head of catastrophe risk.
Aviva trialling telematics app for private car insurance
Aviva has launched the test of a new pay-how-you-drive app on smartphones called - Aviva RateMyDrive – with the target of signing up 5,000 drivers.
