Insurer
Products: Markerstudy unveils plans for £100m spending spree
As a result of its push into the commercial intermediary arena, Markerstudy is preparing to roll out six new products by the end of summer. The group revealed that its purchase of Blagrove Insurance Brokers was the first purchase in a £100m acquisition…
Market moves: Aviva moves fuel the rumour mill
Like a moth to a flame, broker attention this month has been grabbed by Aviva. The decision of Mark Hodges to move to Towergate has set the rumour mill into overdrive as to why exactly he took the leap. Meanwhile his replacement as Aviva’s chief…
A mis-selling disaster
If the PPI protection scandal leaves a bill for £10bn, it could turn into a battle for survival for many brokers, says Tony Cornell
What would Lord Mansfield do?
Can the government fine motorists who haven’t insured a car that is off the road? It’s a question Tony Bridgland thinks was settled in 1777
Cleaning up the wreckage
By adding value and flexibility to the claims process, we can help to repair the image of the motor sector, says Paul Hoyle
ECJ ruling will only apply to new contracts
The Treasury has confirmed the ban on the use of gender in underwriting will not affect policies taken out before 21 December 2012.
Bulletin from Bordeaux: Axa targeting 96% COR
In his second report from Axa's media conference in Bordeaux, Emmanuel Kenning reveals the insurer's plans for broker commissions.
Bulletin from Bordeaux: Axa’s chief economist on the global economy
In a series of special reports, Emmanuel Kenning reports from Axa's Bordeaux media conference.
FarmWeb nabs Arista manager for growth drive
FarmWeb has appointed former Arista employee, Sonya Hawkins, as operations manager.
Axa Personal Lines loses claims trio
Axa Personal Lines has lost three of its senior claims management team.
Update: Axa stands alone in its voluntary ban on referral fees
Insurers have said they are not prepared to follow Axa’s lead in the banning of referral fees for personal injury.
Axa turns its back on referral fees
Axa has made the decision to no longer accept referral fees from personal injury lawyers and has called for whiplash injury reform to eliminate fraud within the industry.
Big Balloon Day takes off with The Insurance Charities
The Insurance Charities has announced its annual fundraiser, centred upon a tethered hot air balloon ride, will be on 2 August 2011.
Zurich secures two key financial lines hires
Zurich has appointed Stuart Quinlan as chief underwriting officer, professional indemnity (PI) for Europe, and Alan Moore, as head of financial lines for the UK.
Aspen makes new senior appointment
Aspen Insurance has appointed a new manager of distribution and business development in the UK.
Motor cover for the young to average £3,600 in 2013 says Mazars
Accountancy firm Mazars has predicted motor insurance increases of at least 50% over the next two years for young drivers, taking their typical motor premium up to £3,600.
Solicitor responds to Jack Straw on referral fees
Des Collins, senior partner of Collins Solicitors, has welcomed Jack Straw’s comments on the need to clamp down on claims management companies and ban referral fees.
New Bristol manager for Liberty Mutual
Liberty Mutual Insurance (LMI), the commercial lines division of Liberty Mutual Insurance Europe, has promoted Martino D’Aliesio to the post of regional manager for its Bristol office.
Ecclesiastical creates new compliance role
Ecclesiastical has appointed John Schofield to the newly created role of director of group internal audit and compliance.
Jack Straw attacks referral fee system
Former Secretary of State for Justice, Jack Straw MP, has called for referral fees to be banned in an article published in The Times.
Plum choice for new MD
Somerville Holdings has promoted David Whitaker to the role of managing director at its specialist household subsidiary, Plum Underwriting.
Chubb fills Mitsui Sumitomo shaped hole
Patrick Mettler has been appointed to the role of country and business development manager for Ireland at Chubb.
Escalating claims decimating UK motor results, says Towers Watson
New figures from the Institute and Faculty of Actuaries have revealed that one in four UK third party motor claims involves a bodily injury element.
Groupama claims e-trading milestone
Groupama has labeled Optima Business Plus “the market’s first fully online, multi-section, commercial combined product”.