All articles by Newsdesk – Page 70
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Agenda
Howden launches tech platform with US cyber risk specialists
Partnership is the latest in a string of broker and cyber risk specialist collaborations
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Century poaches motor underwriter from ERS
Paul Wood has joined the specialist commercial MGA’s London office
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BLP Insurance hires COO from Deutsche Bank
Craig Parfitt joins the residential and commercial building defects insurer in a newly created role
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Telematics facing device and data cost issues
Insurers will also need to develop more sophisticated products to offer benefits to drivers with lower premiums
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R&Q expects return to profit in second half of 2015
Chief executive Ken Randall hails ‘exceptional pipeline’ of new business opportunities
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Lloyd’s capacity falls for first time in 10 years – Aon Benfield
Decline due to discipline in tough conditions, broker says
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RSA to fight Philip Smith’s €1.25m tribunal win
Insurer ‘extremely’ disappointed by verdict in constructive dismissal case
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Ex-RSA Ireland chief Philip Smith wins €1.25m in unfair dismissal case
Tribunal said during early investigations into Smith’s conduct and performance his fate had already been determined
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Aviva confirms plans for London digital hub
The insurer hopes to encourage collaboration and creativity
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Hit and run accidents increased by 4.6% in 2014
There were 599 more accidents in 2014 than 2013
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Alton Towers rollercoaster crash victims get first payout
The funds will help victims with their rehabilitation
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Randall & Quilter swings to £1.6m pre-tax loss in 2014
Insurer hit by deterioration in net provisions for asbestos in R&Q Re in the US and poor underwriting conditions
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JM Townends relocates to York as part of two year growth plan
The move is part of a plan to double the size of the company in two years
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Crawford & Company launches expanded aviation team
New set-up follows acquisition of GAB Robins
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Hiscox hires Aspen’s John Worth as interim finance head
Worth will replace outgoing chief financial officer Stuart Bridges
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RTA Portal reappoints Tim Wallis as independent chair
More than 4,500 organisations are now registered to use the claims portal
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Personal injury makes up half of insurers' claims costs
By contrast in Germany Allianz estimates that just 4% of claims costs are the result of personal injury
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Besso Limited announce major board restructure
The company has promoted two managing directors as current chairman Colin Bird stands down
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BP Marsh invests further in MGA ahead of proposed acquisition
The venture capital company increased its stake in Nexus Underwriting by 4.8%