Insurer News – Page 223
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News
Saga review of motor underwriting options is 'positive'
Analysts say the move could lead to reduced capital consumption
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41% of motor and home insurance customers suffered delays in claims
However the research by Consumer Intelligence found that 84% of customers said their claims were handled fairly.
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XS Cover launches two agricultural GAP products
Products underwritten by Malta-based insurer Building Block
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Insurance industry has yet to 'crack' cyber offering – Aviva’s Bayles
Phil Bayles says risk of cyber-attack is a clear and present danger to all companies, shapes and sizes
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Brokers: Aviva likely to look internally for new UK GI boss
Brokers praise company’s strong UK management team
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Brokers praise outgoing Tulloch for role in revamping Aviva
Despite departure brokers are confident that Tulloch will have oversight of Aviva’s UK GI business in global role
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Esure hires Direct Line’s Meader as motor underwriting head
Meader will report to new personal lines underwriting head Elspeth Hackett
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Aviva seeks new UKGI chief as Tulloch focuses on global role
Replacement will report to Tulloch
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Agenda
Covéa looks to Midlands for growth with new Birmingham branch
The firm, in the process of integrating Sterling in to its brand, says it sees considerable growth in the Midlands
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Sian Fisher to replace Sandy Scott as CII chief exec
Former Gallagher International underwriting chief in new role
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Principal buys Simply Insurance bike book
Simply book will add 500 more bike policies to 5,000 secured through Principal’s recent purchase of iGO4’s BikeTeam
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‘Bomb scare’ at Munich Re underwriting agency linked to insurance claim
A man has ben arrested by armed police after a four-hour siege at marine underwriting agent Groves, John & Westrup
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AXA makes 33 redundant in UK as 35 finance roles move to India
The move was made following a review of AXA’s back office finance operations
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Aston Scott makes first acquisition of 2016
Essex-based First Commercial Insurance Brokers specialises in renovation projects, commercial and private client insurance
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Two Gibraltar insurers close doors to new business
Derwent and Preserve both wrote business solely in UK
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AIG to present strategic vision on 26 January
Chief executive Peter Hancock will provide plan to drive shareholder value
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Reinsurers get more comfortable with UK motor as PPOs fall
Reinsurers were more willing to offer less restrictive cover at 1 January renewals, says Guy Carpenter
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High Court approves Sterling integration into Covéa
With written premiums approaching £600 million, the combined business employs almost 1,400 people
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Aviva successfully defends ‘bogus’ whiplash claims worth £250,000
46 party-goers in bus made claims despite seeking no medical help and continuing to party after collision
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Law firm Parabis pays £7m to insurers to settle ABS debts
DLG will also become sole owner of its ABS while RSA will enter into joint venture with Carpenters