Latest News – Page 869
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UK General to write insurance using own capacity
UK General will underwrite business outside capacity providers’ appetite
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Innovation Group pens deal with Zurich
Zurich says the deal will help the insurer to improve its business operations
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AA still has reservations about whiplash panels
Managing director Janet Connor said more information needs to be provided to medical practitioners for assessing whiplash injuries
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Coleman 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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Allianz 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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Lloyd'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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LexisNexis 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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UK 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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Sharia-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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Agenda
Independent whiplash panels could begin in early 2015
But Transport Select Committee remains concerned that not enough thought has gone into the process
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Settling claims with vouchers not meeting customer needs
Study finds twice as many people prefer a replacement item
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Personal 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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Davies 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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Davies 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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Janice 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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Agenda
Biba launches broker promotion animation
Biba has launched an animated video to promote the value that brokers play in helping people find insurance. Launched at the Labour and Conservative party conferences, the video is now live for Biba members to use on their websites and on social media to promote insurance brokers. It can also ...
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New technology will make motorists more like pilots - ABI
Questions raised over liability in driverless cars
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First broker-specific telematics policy launched
Zenith and Wunelli develop Brightbox policy for brokers
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Allianz 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’