All articles by Ida Akerstedt – Page 6
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News
Wunelli selects Vodafone for telematics devices
Telematics provider Wunelli has chosen connected car services provider Vodafone Automotive as a supplier of hardware telematics devices and data. Wunelli’s products allow insurers and brokers to offer telematics-based motor insurance to customers. Vodafone will help Wunelli provide insurers with a greater choice of data collection ...
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Court exposes father and son’s attempt to defraud AXA
A father has been found guilty of providing false information to obtain insurance and been sentenced to 100 hours of community service after a failed attempt to defraud AXA. Mohammed Rustam Khan told AXA that no one in his home had any criminal convictions when he ...
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Dishonest drivers pay higher premiums – Consumer Intelligence
Motorists who lie to insurance companies are paying £286 more on their insurance premiums, according to research published today. The report by market research firm Consumer Intelligence found that insurance companies offer a better price to honest drivers because in their experience they are less likely ...
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Cyber startup launches ransomware protection guarantee
Cybersecurity startup SentinelOne has launched a new protection guarantee that pays up to $1m (£760.840) if SentinelOne’s software fails to detect a ransomware cyber-attack on a company’s system. The software, which learns the user’s behaviour on devices such as mobiles and computers, will alert the user ...
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Telematics data defends policyholder in court
A judge has ruled in favour of a policyholder in a car crash liability case as telematics data from telematics underwriting agency Insurethebox showed “overwhelming” evidence that he was telling the truth. The third party had blamed a policyholder for the collision he said happened late ...
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Aviva defends quoting teenager £11,500 for telematics policy
Aviva has defended giving a 19-year-old driver a telematics based car insurance quote of £11,500 a year. Naomi Bowler who has only been driving since December told the Daily Mail that the quote was almost six times as much as what she paid for her car. ...
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Marsh hires Carlisle and Newcastle branch manager from Aon
Marsh has hired Chris Milnes to head up its Carlisle and Newcastle offices. Milnes joins Marsh from Aon in Dubai where he led the corporate sales team and was responsible for the new business development across the Middle East. In his new role, Milnes will be ...
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Charles Taylor licenses insurance platform to boost client service
Charles Taylor InsureTech, the insurance technology arm of insurance services firm Charles Taylor, has licenced software provider Fadata’s INSIS platform to extend its systems capability for life, general and health insurance clients. INSIS is a flexible insurance platform that provides coverage such as underwriting, premium collection, ...
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Hood appoints finance director
Affinity insurance broker Hood Group has appointed Mark Hunter as finance director following the retirement of Bob Gildie. Hunter (pictured) will join from Charles Taylor Adjusting where he served as development director for two years. He has nearly 30 years’ experience from Airclaims Group where he ...
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News
Barbican hires divisional head of energy, power and utilities
Barbican Insurance Group has announced that Olivier Decombes will join as divisional head of energy, power and utilities. Decombes was previously CV Starr chief underwriting manager for offshore energy. He also has experience from Infrastructure where he rose to the position of upstream and ...
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Insurance provider launches last-minute travel cover service at UK airports
Travel insurence provider Columbus Direct is rolling out 30 self-service kiosks at nine UK airports this summer to offer last-minute travel cover to uninsured holiday goers. Airports London City, Luton, Newcastle, Birmingham, Bristol, East Midlands, Southhampton and Edinburgh and London Gatwick Airport will offer the service. ...
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News
Bluefin Network teams up with MGA for niche motor and home products
Broker network Bluefin Network has teamed up with managing general agent Jackson Lee Underwriting to offer four niche insurance products to its members. The deal covers guaranteed asset protection (GPA), excess protection, learner driver and landlord’s home emergency cover. The brokers access the products through a ...
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PIB boosts professional indemnity team with four hires
PIB Insurance Brokers has hired four professional indemnity (PI) brokers to its legal team as part of its expansion plans. The new hires will be based in Bristol, expanding PIB’s presence in the South West. Kieren Windsor has joined as PIB regional PI account director. He ...
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Barbican Protect appoints property and package underwriter
Barbican Protect, the UK insurance arm of Barbican Insurance Group, has hired Martyn Bleakley as a property and package underwriter. Bleakley has previous experience as W.R. Berkley development underwriter in the firm’s casualty and division. He has also worked for AXA Insurance as a development underwriter ...
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News
Appointment of May 'a positive day in British public life' – ABI
The ABI congratulated Theresa May on becoming Prime Minister and said it’s “a positive day in British public life”. “The appointment of our second woman Prime Minister is a positive day in British public life which will hopefully encourage many more women to stand for election ...
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Holidaymakers don’t understand travel insurance - study
UK holidaymakers don’t understand their travel insurance policies, according to a new study. Research from the Travel Insurance Facilities Group found that 60% of Londoners think their policies cover unattended items left on the beach while they go swimming in the sea. In the northeast and ...
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AIG rolls out second work experience scheme to attract inner city youths
AIG is rolling out its second work experience programme for inner city students today. The insurer wants to attract more young people to the insurance industry by giving them first-hand exposure of what it is like to work in risk and insurance. Thirty students from four ...
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Aviva tackles SME underinsurance in campaign to improve customer trust
Aviva is planning to remove an industry-standard clause from its policy wordings that reduces claims payouts in cases of underinsurance as part of a campaign to improve trust in insurance. Average clauses cut claims payouts if the client is underinsured. The cut is directly proportionate to ...
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Six appear in court on DAS fraud charges
Six defendants appeared in court hearing today charged with defrauding legal expenses insurer DAS. The defendants included former DAS chief executive Paul Asplin. The other five defendants in the case are Karen Asplin, Robert John Dalley, Sally Ann Jones, Jayne Kearns and David Mark Kearns. Karen ...
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