Insurer News – Page 290
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NewsAXA victory in private prosecution for £100,000 personal injury scam
Paul Gustar’s three-year sentence for fraud was suspended because of wife’s “fragile state of mind”
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NewsEcclesiastical hires AXA property boss as new underwriting director
Tony Hutchins will replace Paul Bloxham who is retiring from the business at the end of the year
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NewsLV= to embark on commercial growth drive in 2015 as business becomes profitable
GI managing director John O’Roarke sees ‘big opportunity’ to take more commercial market share
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NewsUK General to write insurance using own capacity
UK General will underwrite business outside capacity providers’ appetite
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NewsInnovation Group pens deal with Zurich
Zurich says the deal will help the insurer to improve its business operations
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NewsColeman makes double promotion for managing director roles
Steven Risk and Jonathan Mayo have replaced John Eldridge - now MD of Canopius-owned broker K Drewe
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NewsAllianz GCS expands management board's responsibilities amid growth
Allianz has also introduced a new line of business to serve mid-size companies in selected countries
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NewsLloyd's cuts rate in £500m bond issue thanks to investor demand
Lloyd’s said the new bond would make it less reliant on liquidity of members
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NewsLexisNexis enters Chinese market in new data deal
LexisNexis insurance chief exec Bill Madison said Chinese car insurance market was growing rapidly
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NewsUK exits dampen AXA’s nine-month non-life revenue growth
Cutting unprofitable UK and Ireland business in 2013 offset the effect of rate increases
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NewsSharia-compliant Cobalt MGA gets additional capacity in new deal with AIG
AIG is the third insurer to provide capital to the MGA after QBE and XL
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NewsSettling claims with vouchers not meeting customer needs
Study finds twice as many people prefer a replacement item
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NewsPersonal motor insurers to return to loss this year after profitable 2013
Insurers will be in for a bumpy ride in coming years, says new Towers Watson report
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NewsDavies unveils new brand as it restructures operations
Changes will enable Davies to invest more in professionalism, customer service, innovation and its specialist services
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NewsDavies and Staffordshire University launch training and graduate scheme
The programme includes three to six month internships, work experience and a two-year graduate course
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NewsJanice Deakin unveils new Gallagher UK retail exec team
New retail chief executive creates new layer of regional management and national placement post
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News
First broker-specific telematics policy launched
Zenith and Wunelli develop Brightbox policy for brokers
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NewsAllianz axes 14 commercial roles to offshore to India
Ten of the new staff joining the Indian team will deal directly with five large brokers who ‘support the move’
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Online only
AXA launches e-traded PI product
New product will be available on AXA’s extranet and through the insurer’s Acturis platform
