Insurer News – Page 303
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NewsERS 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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NewsMitsui 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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NewsInsurance 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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NewsBluefin hires sales director from Henderson
Greg Markham will help to grow Bluefin’s corporate offering in the north of England
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NewsGallagher’s Peter Cooper joins Rural as operations head
Cooper replaces interim chief operating officer Paul Burton
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NewsUK 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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NewsPost 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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NewsDUAL targets regional brokers with fourth development manager hire
Hiring regional development managers and underwriters is key to UK expansion plans
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NewsLosses continue at Lorica as broker makes more hires
Broker reiterates its commitment to return to profitability in 2015
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News
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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NewsQuindell legal services boss Phil Hodgkinson departs
Hodgkinson will remain as a consultant for a short time
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NewsTowergate to close Hexham office
Staff at Towergate-owned Border Counties Insurance Services offered roles in Newcastle office
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NewsNearly 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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NewsGallagher construction manager joins MGA
Ricky Brown will work in the renewals team of Thames Underwriting
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NewsCity Minister: tell us what is holding back growth
Andrea Leadsom reaffirms government’s commitment to growing UK insurance industry
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News
Catalina buys Quinn run-off book
Bermuda-based run-off buyer acquires £363m of failed Irish insurer’s old liabilities
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NewsEuro-insurers forked out €952bn in 2013
Motor insurance claims were up nearly 5% across Europe, study reveals
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NewsFormer Gallagher e-trading team launch CFC-backed MGA
Modus is targeting 1,000 brokers and £100m in annual GWP
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NewsTakeover rumours boost Gable stock price
News report suggests Bermuda-based funds are targeting unrated insurer




























