Insurer News – Page 265
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Aviva cuts Mark Wilson’s long-term bonus after shareholder concern
Chief financial officer Tom Stoddard’s LTIP also reduced
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Flood Re government approval delayed
Flood scheme will now get ministerial sign-off after the general election
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Hiscox finance chief to leave after 16 years
Stuart Bridges to join stockbroker ICAP as group finance director
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Man sentenced for attempting to get £10,000 worth of car insurance for £10
Callum Mullen from Liverpool has been handed an 18 month jail term suspended for two years
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Sterling hires regional development manager from Broker Network
Michael Brooke with be responsible for growing relationships with brokers in North East
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Co-op to launch new GI products in 2016 after technology overhaul
Insurer looking to offer telematics beyond high-risk drivers
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Gary Hoffman: Hastings is considering IPO
Group has hired Goldman Sachs and Credit Suisse as advisers, chief executive confirms
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Co-op GI unit swings to £6.8m loss as it exits poor business
COR rises 6.4 points to 106.9% as GWP drops 18%
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Hastings profit up 39% as growth continues
COR increases by 0.8 points to 89.1% because of rising expense ratio
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Gallagher's OIM to replace Hiscox on care home insurance
Broker CHIS reveals new underwriter for £2m care home book
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Marsh UK risk and governance chief John Nicholson retires
Nicholson is replaced by National Australia Bank head of risk Sally Williams
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Hiscox UK MD calls for 'light touch' regulation from next government
Steve Langan says despite government’s rhetoric on having less regulation it is the opposite in insurance
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Incoming government must focus on apprenticeships - CII
The CII has released its 2015 skills manifesto ahead of the general election
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James Reader: Covéa’s better 2014 results just one step of the journey
Insurer aiming for further double-digit commercial growth in 2015 but expects motor slowdown
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JLT raids 22 from Willis for specie team
David Gordon will be appointed as chief executive of the specie, fine art and jewellery team
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DUAL Marine and Energy announces CNA Hardy as underwriting partner
The underwriting arm of the Hyperion Insurance Group has already begun writing business
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Insurance employees earn 12% more than brokers
CII salary survey also highlights significant gender imbalance in pay
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UK General seeks double-digit GWP growth from its three units
MGA’s Rural unit aiming to be UK’s second-biggest agricultural insurer
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UK General to cut commercial broker relationships to 250
MGA had originally planned a reduction to 350 by April this year
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LV= enters telematics market with Wunelli app
LV= Driving offers policyholders discounts in excess of 15%