Articles by Martin Friel
PM to challenge industry to reduce cost of motor premiums
David Cameron will host a summit with insurance industry representatives, consumer bodies and business groups in a bid to bring down the cost of insurance premiums and tackle the country's growing compensation culture.
AA latest provider to dive into telematics
The AA has unveiled Drivesave, a telematics product designed to reward safe drivers with lower premiums.
New Direct Line logo revealed ahead of sale
RBSI has plumped for a new brand identity following its name change to Direct Line.
CFC to expand in management liability with Chubb hire
CFC has hired one of Chubb's London managers as a senior management liability underwriter.
Esure's Wood hands over CEO role
Esure has promoted Stuart Vann, its chief operating officer for the past two years, to the role of chief executive officer.
DAS returns to profit as it prepares for new legal landscape
The DAS UK Group has moved back into profit following a difficult 2010.
TomTom enters UK motor market with CCV broker
Dutch navigation systems maker TomTom has entered the motor insurance market in a deal with CCV-owned Motaquote.
Former Dual D&O underwriter lands at Lloyd's syndicate
Lloyd’s Channel Syndicate (2015) has appointed former Dual and Chubb underwriter, Kevin Cleary, as a D&O class underwriter.
Axa launches second product on Powerplace
Axa Commercial Lines has launched its management liability policy on Powerplace.
Video: What the Papers Say latest edition
Joining Martin Friel and Emmanuel Kenning this month is Ant Gould, director of Faculties at the CII.
MGA hires new underwriting director
Essex-based underwriting agency LFC Shield has appointed Jackie Burns as its new director of underwriting.
Aspen attributes significant 2011 losses to natural catastrophe
Aspen Insurance Holdings has reported a net loss of $105.8m (£66.9m) producing a combined ratio of 115.6% for the full year 2011.
Towergate bags heavy hitter for group finance role
Scott Egan, former Brit group chief financial officer, has taken the equivalent role at Towergate Insurance.
Whiplash summit called to tackle rising motor insurance costs
Cabinet ministers are set to discuss tactics to get a grip on the soaring number of whiplash claims as the government continues to look at ways to tackle rising motor insurance costs.
Acturis and LV link produces new e-trading tool for brokers
LV Broker has embarked on a partnership with Acturis to develop LV Easytrade, a new e-trading tool for brokers.
Westinsure goes for rebrand at annual conference
Broker network, Westinsure, has unveiled a new logo at its annual conference.
FSA ready for new regulation but at extra cost
Hector Sants, chief executive of the Financial Services Authority (FSA), has revealed that the the much-vaunted ‘twin peaks’ regulatory model will be up and running by April this year resulting in greater costs being imposed upon financial services.
Foreign investment dominates UK insurance
The majority of the UK’s general insurance companies are foreign owned according to new research.
So long, brave new dawn
The FSA is looking for nearly £580m in fees from the industry in its final year of existence, a 15% increase on the previous year.
FSA seeks £578.4m from financial services in final year
The Financial Services Authority (FSA) has requested £578.4m in funding for 2012/13, a 15.6% increase on this year.
CBG division exits Giles in MBO
Giles has sold the financial services arm of recent acquisition CBG to the management team.
NIG rolls out new property cover
NIG has launched Essential Property Owners’ (EPO) cover, an SME-focused version of its Premium Property Owners’ (PPO) product.
Former Arista man heads up new Aspen venture
Aspen Risk Management has appointed former Arista regional manager, Paul Dooley to head up its new Manchester office.
Maturing market sees more brokers flit between networks
Increasing numbers of brokers switching providers blamed on “bloody competitive” network market