Insurer
Das warns on LEI drop
Das has warned that the number of policy holders taking out uninsured loss recovery has now hit an estimated 50%, down from over 80% a few years.
Barry Smith lands newly-created Ageas group COO role
Barry Smith has been handed a newly-created role as Ageas group COO as part of a string of high-level management promotions at the insurer.
Aviva appoints ex-RSA director as commercial CUO
Aviva has appointed Susan Penwarden as chief underwriting officer (CUO) for commercial, corporate and specialty lines.
Biba granted CPD accreditation from CII
The British Insurance Brokers’ Association (Biba) has received Continuing Professional Development (CPD) accreditation from the Chartered Insurance Institute (CII).
New fraud product from Validus could save insurers millions
Validus-IVC has launched a new fraud investigation product following a two-year trial period with 21 insurer clients.
AIG unveils ex-Aviva boss as distribution director
AIG has unveiled former Aviva boss Adam Winslow as distribution director as it continues its push to establish "stronger and deeper relationships" with brokers.
HSB takes former Allianz man to drive North West business
HSB Engineering Insurance has snapped up former Allianz man Paul Cuddihy as business development manager.
Banks' PPI costs could double to £25bn
Banks may be forced to pay £25bn in repayments for payment protection (PPI) mis-selling, according to The Times.
Specialist insurers backed for equity growth
Stockbroking group Westhouse expects small and mid-cap specialist insurers to deliver the best investment returns over the next two years.
QBE's Cooter completes Covéa top team
Covéa Insurance has appointed Simon Cooter as commercial lines director.
Digital part two: Time to maximise the benefits
Insurance brokers are now well-versed on the merits and trading importance of the internet. Yet, according to a recent technology survey, many are still failing to maximise the benefits and opportunities that an online presence can bring.
Reames becomes latest Swiftcover founder to depart Axa
Axa personal lines chief claims officer Robin Reames has reportedly become the latest Swiftcover founder to leave Axa.
Flood risk homeowners hit with £20,000 excess
Homeowners in areas prone to flooding are already facing excess levels up to £20,000 on their insurance policies, according to the AA.
ECIC launches new roofing contractors scheme
Electrical Contractors' Insurance Company (ECIC) has launched a new scheme for roofing contractors.
Car collision cheat handed eight-month jail sentence
A car collision cheat has been sentenced to eight months in prison after attempting to claim for an accident that never happened.
Nexus launches new Lloyd's trade credit agency
Nexus Underwriting Management has launched a new Lloyd’s managing general agency focusing on trade credit indemnity business.
Equity Red Star confirms Ecclesiastical's Ansvar broker motor deal
Equity Red Star has agreed terms to take on Ecclesiastical Insurance's Ansvar broker motor business following the parent company's decision to withdraw from the market in November 2012.
Sterling partners with ex-NIG chief in development plans
Sterling Insurance has partnered with consultancy firm Integrity to develop its commercial and household arm.
CDL unveils new MD as founder Hogg takes new role
CDL has unveiled Gary Johnson as group managing director in a move which will see company founder Tom Hogg move upstairs as group chairman.
Father and sons hit with £278,000 bill after false claims
A father and his two sons found guilty of money laundering and conspiracy to defraud have been ordered to pay back £278,000 after having submitted "dozens" of fake claims.
Aviva France CEO announces immediate resignation
Aviva has confirmed that Philippe Maso y Guell Rivet has resigned as CEO of Aviva France.
MOJ shuts another 200 claims companies
The Ministry of Justice (MoJ) has confirmed that between April and November last year it closed 209 claims management companies.
Nearly 100 jobs at risk with RSA Croydon closure
More than 90 jobs are at risk following RSA's decision to close its current Croydon office and relocate the bulk of its services to Manchester in July 2013.
Libor scandals drive record FSA fines of £312m
The Financial Services Authority (FSA) handed down a record-breaking £312m in fines in 2012.