Axa
Documents reveal government actuary recommended a 0.25% discount rate
The Lord Chancellor and Justice Secretary, David Gauke, eventually settled on a minus 0.25% Ogden rate.
Insurers disappointed by the new discount rate
Government has changed the rate from -0.75% to -0.25%, which is a smaller rise than what was generally expected.
Market moves: Movers and shakers
There were many big name moves in June, with several arrivals and departures announced at the executive level
In-depth - claims: Part of the service
Providing a claims function is not something every broker does, but those wanting to retain business are offering the service to differentiate themselves and add value, Martin Friel reports
#Insagepeople: 8 - 12 July 2019
Stay up to date with the latest people moves.
News analysis: Insurer staff cuts spark broker concerns
Is the raft of recent redundancies at providers a coincidence or part of a larger trend in the industry?
Amanda Blanc leaves Zurich
Former Axa boss resigns after only nine months as EMEA CEO at Zurich.
Insurance Hound: Most read by brokers from April to June
Which topics have been sparking brokers’ interest?
#Insagepeople: 17 - 21 June 2019
Stay up to date with the latest people moves.
IFB launches counter fraud database
Platform goes live with eleven insurers and will hold industry data on suspected fraudsters and professional enablers.
Laurent Matras confirmed as executive managing director of Axa Retail
Matras had been in the role on an interim basis since Gareth Howell left the provider at the end of February.
Brokers call on HMRC to reform IPT
Broker boss wants IPT to become VAT as the industry responds to HMRC's consultation into how the IPT operates.
Mental health counselling to feature in new Axa XL employer liability product
Policy includes traditional employer’s liability cover as well as a wellness, health and injury rehabilitation service.
Mactavish names all British Steel insurers
The insurers on the panel have been revealed as the insolvent business seeks to recoup a £30m rejected claim.
Aviva continues to top Brokerbility members survey
Net Promoter Score used for each question to look at customer satisfaction levels.
Lloyd Hanks returns to Northern Ireland-based Apricot Insurance
Hanks will take on a NED role at the firm.
Stephen Catlin strikes out with fresh insurer
Catlin is working with deputy CEO Paul Brand and the business starts with $1.8bn of capital with the firm looking to underwrite insurance and reinsurance for complex speciality risks for a range of commercial lines in Bermuda and London.
Axa threatens 125 claims roles
The possible redundancies come amid a restructure and business “simplification” and follow 106 roles being placed at risk last month.
Which? survey reveals worst insurers for handling claims
Consumer organisation asked car and home insurance customers to rate their claims experience, with The AA scoring lowest in the car sector and RSA being rated worst in home.
#Insagepeople: 23-26 April 2019
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Axa CEO admits simplification strategy could lead to more redundancies
Provider recently put 106 roles at risk.
#Insagepeople: 18 - 22 March 2019
Stay up to date with the latest people moves.
Insurance Hound: Most read by brokers in January and February 2019
Which topics have been sparking brokers’ interest?
Government to launch operational review of IPT
Insurance industry welcomes review into fairness and efficiency of IPT, but the ABI pledges to continue its campaign to keep the rate from increasing further.