News
The BGL Group expands board
The BGL Group has appointed David Downie to its board as group director of intermediated businesses.
Robert Hiscox slams "feeble" ABI
The outgoing chairman of Hiscox, Robert Hiscox, has hit out at the lack of expertise in the incoming regulator and lack of strength among industry representatives at a recent industry conference.
Insurers have still not embedded risk management in their own boards
The boards of insurance companies have still not implemented a fully effective risk culture in their organisations despite significant investment since the financial crisis of 2008.
RSA reshuffles global specialty division to support growth
RSA has organised its global specialty businesses into three key divisions.
Coface appoints new chairman
Laurent Mignon has been appointed as chairman of the board of directors at Coface.
Which? calls on government to tackle CMCs over PPI
Which? has written to the government urging it to clear up the claims process for people who were mis-sold payment protection insurance (PPI) and to tackle exploitative claims management companies (CMCs).
Aviva warned of possible credit rating downgrade
Standard & Poor’s (S&P) has placed the credit rating of Aviva on a negative watch with a 50% chance of a downgrade in the next three months.
Allianz reports increased GWP but says market remains "challenging"
Allianz Insurance has reported a 6.8% improvement in gross written premiums (GWP) for the first three months of 2012, but cited recession related claims costs as a hindrance to the commercial division of the business.
Mitsui Sumitomo at Lloyd's opens new service HQ in Dublin
MSI Management UK and Ireland, the new service company of Mitsui Sumitomo at Lloyd’s and a member of MS&AD Insurance, has opened its headquarters in Dublin.
Biba 2012 Video: Freebies, nights out and reflections on the conference
We ask attendees how successful they think the conference was and lift the lid on what they got up to in the evenings.
Towergate pulls out of Cobra deal
Towergate has confirmed that it will not be making a bid for Cobra Holdings.
Aviva boosts motor fleet team in the North West
Aviva has appointed Andrew Howell as a motor fleet development underwriter.
Lorica continues expansion plans with sweep of appointments
Lorica Insurance Brokers has made four appointments at its regional operations.
Biba 2013 to be held in London
Andy Homer, chairman of the British Insurance Brokers’ Association (Biba), has announced that next year’s conference and exhibition will be held in London.
In conversation with Zurich: Keeping on the right side of the Control of Major Accident Hazards Regulations
If a firm uses or stores sufficient quantities of dangerous substances, they fall under the Control of Major Hazards Regulations 1999, known as COMAH.
Biba 2012 Video: Meerkats in hard hats and other pressing questions
Today at Biba we asked attendees about their reaction to commission disclosure, aggregation and technology.
Jelf adds to new London team
Jelf has made two appointments at its new London office.
Biba 2012: the industry must embrace mobile technology
David Rowan, editor of Wired magazine, told delegates at the 2012 Biba conference that technology is going through a “disruptive” period and spoke of the importance of keeping up to date.
Cooper Gay looks within for latest senior appointment
Cooper Gay has appointed a new head of risk management.
Aviva manages to bring COR down to 97%
Aviva UK has had a good start to the year amid the uncertainty at senior management levels producing a combined operating ratio (COR) of 97% (Q1 2011: 100%) on a reduced level of premium.
IAG: sale of UK business a possibility
Insurance Australia Group (IAG) is considering a sale of all or part of its UK business.
Biba 2012: FCA uncertainty could damage broking sector
Uncertainty around what the incoming Financial Conduct Authority (FCA) wants from the broking industry is causing the greatest concern in the market and greater clarity must be given before damage is done.
Biba 2012 Video: Reactions to recession
Today at Biba we asked attendees what their reaction to the recession was and whether it has affected clients.
Biba 2012: survey reveals broker regulation fears
Three quarters of brokers claim regulation is the main issue facing their business.