Insurer News – Page 277
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Novae looks to AIG for new cyber underwriter
James Creasy joins Lloyd’s insurer’s one-year-old cyber unit
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Axis Capital merges with PartnerRe to create $11bn reinsurer
The new company will be among the world’s five largest reinsurers
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Beach hut is first UK General Dragons’ Den innovative broker scheme
MGA is working with Ryan Insurance Group to launch a beach hut insurance policy
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Green Insurance profits dip after withdrawal from unprofitable businesses
But withdrawal and integration of resources and systems helps acquisitive broker’s EBITDAE to improve
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Third of drivers think brokers and insurers responsible for policy application accuracy
Application form error reduces annual premium by 46% but could be costing insurers over £1bn a year – SSP
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RSA vows to fight former Ireland boss’s unfair dismissal claims
Court hearing scheduled for 9 March
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Dagenham tops list as London properties continue to be at highest risk of burglary
Top theft claim spots in London have changed significantly over the past year – Moneysupermarket
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Online only
28 January 2015 issue
Read a digital version of the 28 January 2015 edition of Insurance Times. Cover story - the fight for Towergate. Also inside: Have motor rates turned the corner?; Do reinsurers still love motor?; Quindell - new dawn or false hope?; What large corporates really think of the service from insurers ...
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Miles Smith eyes acquisitions with new Clydesdale banking facility
Lloyd’s broker says new finance will allow it to pursue growth plans
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Cigna replaces AXA as AA travel insurance underwriter
Cigna will also provide claims and marketing expertise
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Ageas strengthens partnerships team with senior hires
Ageas Retail wants to develop its partnerships business
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Applied integrates premium finance house into broker back office platform
Brokers can quote and bind a policy and arrange Close Brothers’ premium finance payments at the same time
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Guildford man charged with hacking into Aviva computer system
South East Regional Organised Crime Unit said the attacks had resulted in “significant financial cost”
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CFC-backed MGA makes first senior hire from Towergate
Jackie Coppen has joined Modus as head of underwriting
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NCI to delist from ISDX Growth Market
Breakdown recovery firm and insurance broker to vote on plan at general meeting next month
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AXA reveals battle plan to tackle commercial lines fraud
Insurer is detecting more fraud in commercial lines
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Twelve law firms shut down after failing to find PI cover
But closures down sharply on the 136 seen in 2014
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Gallagher’s Pen MGA launches mid-market commercial combined product
New product backed by A-rated capacity
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Willis Aerospace boss promoted to chief broking officer of new GB unit
Philip Smaje will be responsible for driving broking strategy