Insurer News – Page 242
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NewsMGA Nexus appoints ex-Howden boss Tim Coles as chief exec
Nexus founder and current group chief executive Colin Thompson will become executive chair
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NewsInsurance sector ranked top for evading hackers
But more than half of insurance firms surveyed still admitted to losing data
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NewsAllied World looks to Zurich for new casualty team hires
James Emerton and Martin Fisher will build the insurer’s UK and international corporate business
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Online onlyCastel Underwriting hires aviation claims manager
Vanessa Powell will join Castel’s aerospace cell Altitude Risk Partners
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NewsYutree chosen as Biba complex liability scheme provider
Scheme will allow brokers to place unusual risks through Yutree Underwriting
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News43% of consumers do not trust driverless cars - uSwitch
More than a third expect the introduction of driverless cars to drive up their insurance premiums
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NewsOne in six UK SMEs do not have insurance
Hiscox survey of 4,000 businesses found that only one-in-12 had any form of e-risks cover
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NewsArgo appoints chief risk officer from Amlin
Alex Hindson previously worked as chief risk officer at Amlin AG
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NewsFormer Gallagher execs to repay £2m as legal suit settled
Amount represents employee loans and retention awards
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NewsMUM makes senior hire to support growth plans
Donna Clack previously worked for RSA and CNA as a professional indemnity underwriter
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NewsRyan Direct Group plots commercial growth with senior hire from Ageas
James Astle is broker development director for personal and commercial
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NewsRBS attacks new customer discounts with fixed-price home policy
Banking group aims to break trend for offering cheap deals in first year then hiking price
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NewsBollington's broking arm swings to £1.2m pre-tax profit in 2014
Growth driven by maintaining revenue and non-recurrence of major spend on operations restructure
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NewsCharles Taylor hopes to benefit from ‘long list’ of Lloyd’s hopefuls
Chief executive David Marock says company is also seeing strong pipeline of acquisition opportunities
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NewsHastings could announce IPO as early as September
Recent hires and strong results indicate that the company is close to a flotation
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NewsHastings becomes latest insurer to be hit by claims inflation
Net insurance claims in the first half of 2015 was up 18% to £86.8m in H1 2015
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NewsTwo fraudsters jailed for trying to defraud AXA out of £15,000
Scott Brough and Carl Wilson were found guilty of perverting the course of justice
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NewsGallagher MGA Pen appoints ex-Brit Reinsurance boss Turner as exec chair
Jonathan Turner will work with Pen MD Mark Armitage to review how MGA can maximise underwriting capability
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NewsRates increase boosts Hastings pre-tax profits by 54.3%
Group chief executive Gary Hoffman said the improvement was also down to disciplined approach to underwriting
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NewsL&G reportedly to add 400 jobs in Cardiff
Jobs likely to be transferred roles from closing Kingswood office
