Insurer News – Page 279
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Ex-Gallagher international broking boss Hastings-Bass named as BMS chair
John Hastings-Bass will also chair the BMS Risk and Compliance committee
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Six percent of drivers would consider insurance fraud to save money
Study by Kwik Fit Insurance Services says many people do not understand the seriousness of insurance fraud
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House of Lords to debate counter-terrorism bill
Bill includes plans to ban UK insurers from covering the cost of terrorism ransoms
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Quindell criticised over "unacceptable" share options for new non-executive chairman
UK’s Corporate Governance Code recommends that pay for non-executive directors should not include options
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Senior hires and new divisions to help JM Glendinning beat growth target
Broker has created three divisions since 2012
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ERS steps up application fraud fight with senior hire
Head of underwriting fraud Linda Rees will help insurer to develop capacity to fight application fraud
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Mitsui at Lloyd’s underwriting director departs after three years
Martin Hudson’s responsibilities to be assumed by Lloyd’s insurer’s underwriting team
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Insurance pay rises lagging other sectors
Online recruiter Reed.co.uk said only 6% of insurance industry workers got an increase in the past year
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Bluefin hires sales director from Henderson
Greg Markham will help to grow Bluefin’s corporate offering in the north of England
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Gallagher’s Peter Cooper joins Rural as operations head
Cooper replaces interim chief operating officer Paul Burton
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UK motor rates fell 7.9% in 2014 despite end-of-year increases
Comprehensive premiums rose 2% in fourth quarter, says Confused/Towers Watson index
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Post Office creates broker and parts with Aon on travel insurance
Post Office Management Services will initially handle travel insurance but could expand to other products
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DUAL targets regional brokers with fourth development manager hire
Hiring regional development managers and underwriters is key to UK expansion plans
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Losses continue at Lorica as broker makes more hires
Broker reiterates its commitment to return to profitability in 2015
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XL to pay £2.79bn for Catlin as companies agree merger terms
Stephen Catlin (pictured) to become executive deputy chairman of combined company
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Quindell legal services boss Phil Hodgkinson departs
Hodgkinson will remain as a consultant for a short time
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Towergate to close Hexham office
Staff at Towergate-owned Border Counties Insurance Services offered roles in Newcastle office
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Nearly half of SMEs do not have adequate storm cover
Over the last five years 51% of SMEs have experienced flood, wind or storm damage
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Gallagher construction manager joins MGA
Ricky Brown will work in the renewals team of Thames Underwriting
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City Minister: tell us what is holding back growth
Andrea Leadsom reaffirms government’s commitment to growing UK insurance industry