Insurer
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”.
Aviva gets £1bn for RAC
Aviva has agreed to sell its roadside recovery firm to the Carlyle Group for £1bn and it looks like current management team will survive.
Axa PPP plans to extend online presence with broker buy
Axa PPP has confirmed its intention to purchase online private medical insurance intermediary Health-on-line for an undisclosed sum.
Businesses wasting £1.4bn annually on corporate hospitality
UK businesses are wasting up to £1.4bn a year through unnecessary and avoidable weaknesses in the planning and execution of their corporate events and hospitality programmes, according to gdz event analysts.
Elite Insurance announces resignation from the ABI
Elite Insurance has confirmed that it will be resigning from the Association of British Insurers (ABI) with immediate effect.
Sterling uncovers broker confidence schism
Research by Sterling Insurance has revealed that 65% of brokers are confident about commercial lines business growth prospects in the next 12 months while over half saw no prospect of growth in personal lines.
Aspen appoints new head of PI
Aspen Insurance has appointed Ed Beckwith as head of its professional indemnity (PI) unit in the UK.
Dual expands into IT sector with Chartis hire
Dual Corporate Risks has appointed Christopher Blake as a professional indemnity (PI) underwriter in its national business unit.