Insurance news

• Get your motor running: the retirement crowd going for motorcycle burn-ups

  28-01-2015 21:31
  
  Saga makes move into older biker insurance, as mature female riders shun pillion for hand on throttleIt’s not so much a case of Born To be Wild as born to be mild: a new generation of bikers is taking to the road, and they are not twentysomething speed freaks but sensible fiftysomethings.The number of over-50 silver-riders climbing aboard a motorbike is roaring ahead: they now account for some 30% of all spending on bikes – a total of £340m last year – up from 17% just seven years ag
  
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• Zurich stands by ex-SSL directors despite £100k debt

  28-01-2015 17:19
  
  Callum Brodie Postonline
  
  
  An arm of Zurich's investment portfolio is estimated to be owed around £100,000 in rent arrears by defunct loss adjusting business SSL, according to an administrators’ report.
  
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• Allianz and Irwinn Mitchell team up on ATE policy

  28-01-2015 16:51
  Insolvency practitioners will only have to pay premium if they win cases
  
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• Allianz and Irwin Mitchell team up on ATE policy

  28-01-2015 16:51
  Insolvency practitioners will only have to pay premium if they win cases
  
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• BBC re-appoints Cega as emergency assistance provider

  28-01-2015 15:29
  
  Callum Brodie Postonline
  
  
  The BBC has re-appointed Cega Group to provide travel risk management and emergency assistance to its staff on a worldwide basis.
  
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• Insurers support mooted stress working party amid fears of claims surge

  28-01-2015 15:24
  
  Callum Brodie Postonline
  
  
  The creation of a working party to co-ordinate and develop management of workplace stress has been backed by insurers, following warnings the industry is in danger of “sleep-walking into an increasing flood of claims”.
  
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• Claims handler to use 3D printers to replicate 'irreplaceable' jewellery

  28-01-2015 14:20
  
  Francesca Nyman Postonline
  
  
  High net worth policyholders could be offered identical replacements for valuable lost and stolen jewellery thanks to a new collaboration between claims handler SBS Insurance and jewellery experts at Birmingham City University.
  
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• The best and worst of worlds: Tehran's public hospital wards

  28-01-2015 14:15
  
  Visiting her father, our correspondent talks to patients and staff as ‘Rouhani-Care’ raises expectationsIn the early morning, families spread rugs, plastic bags or even cardboard in order to sit on the pavement. As they gather to prepare breakfast on portable gas stoves, the smell of fresh barbari and lavash bread fills the air and tomatoes sizzle in the pan for omelettes.Behind them is the tall, grey outline of the hospital, merging on bad days into the Tehran smog. These are fathers, wives
  
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• Fundamental dishonesty clause criticised for 'unfairly targeting claimants'

  28-01-2015 14:04
  
  Francesca Nyman Postonline
  
  
  Claimant legal bodies have slammed the non-amendment of the the Criminal Justice and Courts Bill clause The fundamental dishonesty clause unfairly targets claimants and could encourage spurious fraud allegations by "unscrupulous" insurers, according to the UK's major claimant legal representative bodies.
  
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• Saga roars into middle-aged biker market with new acquisition

  28-01-2015 13:47
  
  Insurance company buys specialist Bennetts as figures show a third of UK motorcyle owners are over 50They might lack the the daring ambition of Evel Knievel, but motorbike enthusiasts over the age of 50 have not escaped the notice of Saga, which has bought up specialist insurer Bennetts in a £26m cash deal that it hopes will benefit from this growing market.Bennetts, part of the BGL Group, provides motorbike insurance for more than 200,000 customers. Almost half of these are over the age o
  
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• Regulators urged to boost insurance expertise

  28-01-2015 13:21
  IUA chief airs worries over lack of industry knowhow following supervisor’s appointment
  
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• Timetable revealed for Scottish Court Reform

  28-01-2015 12:50
  
  Francesca Nyman Postonline
  
  
  The Lord President, the head of the judiciary in Scotland, has announced the timetable for the implementation of the Courts Reform (Scotland) Act.
  
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• Blog: Insurance - more important than Fruit Pastilles

  28-01-2015 12:29
  
  Chris Wheal Postonline
  
  
  What happens when you examine the insurance industry like you would a packet of Fruit Pastilles?
  
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• Reforms fail to stem nuisance claims calls

  28-01-2015 12:18
  Unsolicited communications rise, shows AXA research
  
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• Post magazine – 29 January 2015

  28-01-2015 11:55
  
  Post Online Postonline
  
  
  The latest issue of Post Magazine is now available for Post subscribers. Download the latest Post iOS App Edition on the App Store or read the Post Digital Edition online.
  
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• Cost of home insurance falls - ABI

  28-01-2015 11:32
  Latest snapshot reveals decline in price of building and contents policies
  
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• Home insurance premiums sliding from stability says ABI

  28-01-2015 10:47
  
  Mark Sands Postonline
  
  
  
  The latest figures from the Association of British Insurers’ premium tracker show that premiums for home insurance have begun to decline after previously showing signs of stability.
  
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• Saga buys bike broker Bennetts for £26.26m

  28-01-2015 10:24 via insuranceage.co.uk
  Deal takes firm up to approximately 20% of UK motorbike insurance market.
  
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• IUA airs experience fears over PRA's new insurance lead

  28-01-2015 10:18
  
  Mark Sands Postonline
  
  
  The International Underwriting Association has revealed concerns over a lack of insurance experience at the Bank of England after Sam Woods was named executive director of insurance supervision.
  
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• Cannabis farmer fraudster jailed for 20 months

  28-01-2015 09:34
  Zurich nabs electrician who submitted repeat claims for same goods
  
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• Saga buys Bennetts in £26.26m cash deal

  28-01-2015 09:31
  
  Mark Sands Postonline
  
  
  Saga is to pay £26.26m in cash to BGL Group to buy specialist insurer Bennetts, in a deal that will grow the over-50s insurer's existing motorbike customer base more than ten-fold.
  
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• Saga buys bike insurer Bennetts

  28-01-2015 09:23
  BGL sells £31m GWP business for £26.3m
  
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• Sussex broker buys Howden PI book

  28-01-2015 07:29
  Bennett Christian targets twofold growth in GWP
  
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• Corporate customers reveal attitudes to insurers and brokers

  28-01-2015 07:20
  StrategicRISK interviews corporate risk managers and buyers from FTSE 250 and large private firms to gain insight on how they view insurers and brokers
  
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• Hong Kong's radical health insurance overhaul

  28-01-2015 04:32
  
  Nicky Burridge Postonline
  
  
  Hong Kong’s health insurers are concerned as the government prepares its Voluntary Health Insurance Scheme writes Nicky Burridge.
  
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