Insurer News – Page 297
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RSA SME head Tara Kneafsey to join Wonga as UK MD
Search being conducted internally and externally for new SME head
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RSA UK global specialty head Paul Greensmith heads to Catlin
Emerging markets underwriting director Hayley Robinson replaces Greensmith
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NewsAdrian Brown lays out plans to grow Gallagher's personal lines business
Executive chairman ‘bouncing off the walls with ideas’ one week in
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Hiscox buys events insurer Event Assured
Event Assured will continue to operate under its own brand
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LV=’s John O’Roarke: Motor reserve releases could dry up this year
Insurer expanding in commercial property as it aims to double commercial book in three to five years
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Government called on to guarantee cover for excluded Flood Re groups
Biba networks advisory chair Tim Ryan says government can still find suitable insurance cover
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Refusing 'unacceptable' motor business drives up LV= profits by 7%
But continued falling motor rates pushes premium income down by 4% in first half of 2014
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IT investment cuts Simply Business operating profit by 9%
Broker seeing more competition from direct insurers but enjoys turnover growth from new business and renewals
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LV= makes commercial hires from AXA, Towergate and Midas Underwriting
Insurer builds regional commercial teams
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L&G's 140 job cuts ‘out of the blue’
Job losses are separate to previously announced redundancies of 600 roles
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NewsCo-operative insurance commercial director joins Paymentshield
Lee Mooney joins as product, marketing and proposition director
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UK insurers made first underwriting profit since 2006 – Moody's
Analysis of PRA returns shows 96.5% combined operating ratio
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Moorhouse bolsters its compliance as it faces FCA fine
Broker has made processes ‘more robust’ and increased risk and compliance resources
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NewsLyndon Wood urges brokers to ‘embrace regulation’ as his firm faces FCA fine
Regulator reviewed Moorehouse’s sales processes
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Businessman jailed for six years after attempted £2m arson con on Allianz
‘Justin Hindry’s attempt to scam Allianz also put the lives of the general public in danger’ - Allianz
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Co-op to embark on GI turnaround as unit swings to £6.8m loss
‘Disappointing’ result triggered by weather claims and shrinking book
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AgendaBriefing: 'complaints are good for insurers'
Insurers should see figures on complaints from the Financial Ombudsman Service as positive
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News
US broker Kaufman buys Oval International in London expansion plans
Lloyd’s broker will return to the original name of Lochain Patrick it had before Oval Group buy
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Ageas appoints new head of commercial underwriting and operations
Cathy Taylor will take over from Roy Watkinson, who is retiring at the end of the year
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L&G plan to close Ipswich office and cut 140 jobs is 'damaging to business' - Unite
But insurer said 120 jobs would be created at Birmingham and Hove offices
