Insurer News – Page 244
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NewsChubb and Crawford launch one-stop cyber claims service
Brokers and clients have told Chubb they want to see less pushing of cyber products and more coordinated risk management solutions
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NewsFCA could probe insurers’ social media data use – report
News follows closure of call for information on data use
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NewsRSA Birmingham closure to affect around 190 staff
Insurer to open new commercial trading site in city in September
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NewsMoody’s downgrades AIG’s main non-life units
Ratings cut to A2 from A1 after $3.6bn reserve strengthening
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NewsGallagher MGA Pen names financial lines MD
Jennifer Martin promoted after firm consolidates financial lines business
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NewsAIG's $25bn restructure gets lukewarm reception from stock market
Share price rises less than 1% despite promises of a large capital return
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NewsAIG injects $3.6bn into non-life reserves
Company vows “aggressive” underwriting remediation in US casualty
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NewsCII launches apprenticeships guide
Guide covers apprenticeships levy and trailblazer apprenticeships
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NewsCobra acquires Croydon-based broker
Acquisition of Robert Edward Southern is part of Cobra’s expansion plans to strengthen retail business
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NewsAXA UK publishes personal lines claims payment stats
Insurer paid out 99.8% of motor claims and 83.7% of home claims
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NewsBrendan Devine's Sure Thing! hits £25.3m GWP in first trading year
Broker made a loss of £9.5m - reflecting the ‘significant costs’ associated with setting up the company from scratch
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NewsUS storms bring heavy rain to UK and risk of further floods
The Environment Agency has warned those in Cumbria, Lancashire, Yorkshire, Devon and Cornwall to prepare for flooding.
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NewsWillis Networks market development director to depart
Insurance Times understands Ben Wright is leaving Willis to join Marsh’s markets division
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NewsABI reveals home and motor claims payouts to improve customer trust
79% of home insurance policyholders who made a claim were successful while 99% of motor claims were paid out
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NewsUK General chief Peter Hubbard to step down
Hubbard will continue as non executive director of several of parent company Primary Group’s businesses
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NewsJon Hancock’s role grows as RSA broker relations head exits
Derek Walsh to leave after five and a half years with insurer
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NewsBroker Network targets budding entrepreneurs for start-up scheme
Network already helped to set up five firms in 2015
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NewsAllianz to stop cutting claims payouts for underinsured SMEs
Insurer says move will hit results but ‘it is the right thing to do’
