Insurance news

• David Ross on up to 12 months gardening leave

  10-02-2015 19:32 via insuranceage.co.uk
  
  Chief executive facing spell on the sidelines after dramatic switch from Gallagher to Towergate.
  
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• Home market failing to price for long-term weather risk

  10-02-2015 17:17
  
  Francesca Nyman Postonline
  
  
  The home market remains significantly more profitable than its motor counterpart but insurers may be failing to price for long-term risk, market analysts fear.
  
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• Mesothelioma payment tariffs to be increased to 100%

  10-02-2015 17:01
  
  Callum Brodie Postonline
  
  
  The government is bringing forward regulations to increase the tariff of payments made under the diffuse mesothelioma payment scheme from 80% of average civil claims to 100%.
  
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• There are no half steps on the digital journey

  10-02-2015 16:18
  To be truly digital, an insurer must offer a full interactive online service, Underwriters Clinic hears
  
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• Brokers give cautious welcome to Ross appointment

  10-02-2015 16:05 via insuranceage.co.uk
  
  Doubts remain about Towergate's future strategy.
  
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• Paul Asplin out at DAS as replacement named

  10-02-2015 14:47
  International head Andrew Burke (pictured) named chief executive as investigation continues
  
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• Paul Asplin out at DAS as chief executive replacement named

  10-02-2015 14:47
  International head Andrew Burke (pictured) named chief executive as investigation continues
  
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• Penny Black’s Insurance Week - 12 February

  10-02-2015 14:34
  
  Penny Black Postonline
  
  
  Penny has experienced her fair share of ungrateful dinner guests and so it was with sympathy that she regarded the situation of broking powerhouse Willis last week.
  
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• Career Development: Cunningham Lindsey students exceed CILA average pass rates

  10-02-2015 14:25
  
  James Verrinder Postonline
  
  
  Cunningham Lindsey’s students achieved a higher than average pass rate in the October 2014 Chartered Institute of Loss Adjusters examinations.
  
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• DAS promotes Burke to CEO as Asplin departs

  10-02-2015 14:25
  
  Callum Brodie Postonline
  
  
  Legal expenses insurer DAS has promoted Andrew Burke to the role of CEO ahead of the departure of Paul Asplin.
  
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• Das appoints Andrew Burke as CEO

  10-02-2015 14:21 via insuranceage.co.uk
  
  Paul Asplin is leaving the legal expenses insurer.
  
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• DIS 2015: Gordon Rutherford: head of marketing & e-commerce, Axa

  10-02-2015 14:07
  
  Tracey Jones Postonline
  
  
  Gordon Rutherford heads up marketing & e-commerce for Axa Business Insurance.
  
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• DIS 2015 - Speaker: Gordon Rutherford: head of marketing & e-commerce, Axa

  10-02-2015 14:07
  
  Tracey Jones Postonline
  
  
  Gordon Rutherford heads up marketing & e-commerce for Axa Business Insurance.
  
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• Market Moves - 12 February 2015

  10-02-2015 13:43
  
  James Verrinder Postonline
  
  
  All the latest job moves in the insurance market.
  
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• MPs take government to task on flood defence spending plans

  10-02-2015 13:24
  Efra queries £600m private sector funding target
  
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• Fusion strengthens Leeds office with seven new hires

  10-02-2015 12:31
  Seven have come from outside of the company while four have come from other Fusion branches
  
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• Mitsui at Lloyd’s promotes Graeme Rayner to chief underwriting officer

  10-02-2015 12:20
  Promotion follows departure of underwriting director Martin Hudson
  
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• County reports 18% organic growth

  10-02-2015 11:48 via insuranceage.co.uk
  
  Broker targeting £40m of GWP over next 12 months.
  
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• Bupa launches tiered IPMI product range in the UK

  10-02-2015 11:29
  
  Callum Brodie Postonline
  
  
  Bupa Global has launched its first tiered range of international private medical insurance products in the UK.
  
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• Scott Egan appointed interim CEO of Towergate

  10-02-2015 10:55 via insuranceage.co.uk
  
  Former interim CEO Alastair Lyons to take the role of non-executive chairman.
  
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• Towergate names Scott Egan interim chief executive

  10-02-2015 10:47
  Finance chief to take the reins until David Ross takes the helm
  
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• Tom Gallagher to lead on interim basis after departure of David Ross

  10-02-2015 10:30 via insuranceage.co.uk
  
  US-based consolidator “sorry” to see Ross leave.
  
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• Be Wiser recruits The Apprentice winner to help boost digital offering

  10-02-2015 10:23
  Mark Wright will work with the broker on its Be Wiser Business Insurance and Call Wiser brands
  
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• Fusion adds seven in Leeds

  10-02-2015 10:22 via insuranceage.co.uk
  
  Commercial underwriting company also transfers four staff to Leeds branch.
  
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• Gallagher chief Ross confirmed as Towergate boss

  10-02-2015 10:05 via insuranceage.co.uk
  
  Move follows hard on the heels of last week’s takeover by unsecured creditors.
  
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• Gallagher chief Ross named as Towergate boss

  10-02-2015 10:05 via insuranceage.co.uk
  
  Move follows hot on the heels of last week’s takeover by unsecured creditors.
  
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• Terrorism: Defusing the terrorism bomb

  10-02-2015 10:00
  
  Sam Barrett Postonline
  
  
  Despite recent terrorist attacks, the insurance market remains resilient, with losses in property damage and business interruption remaining low. However, what effect will the changes to Pool Re have?
  
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• Pet Insurance: Protecting a growling market

  10-02-2015 10:00
  
  Katie Marriner Postonline
  
  
  The UK pet insurance market has exploded over the past few years and is expected to continue to grow. But just how do insurance companies build on this without falling prey to unscrupulous operators?
  
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• Legal update: The effect of the Insurance Act

  10-02-2015 10:00
  
  David Hertzell, former law commissioner and BLM consultant Postonline
  
  
  David Hertzell explains the significant changes on the horizon when the Insurance Act comes into force
  
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• Interview: Brendan McCafferty: Closing the floodgates

  10-02-2015 10:00
  
  Katie Marriner Postonline
  
  
  With just months to go until Flood Re is expected to be operational, CEO Brendan McCafferty gives Post a run-down of what he and his team need to achieve
  
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• C-Suite - MGA: In-genie-ous thinking

  10-02-2015 10:00
  
  Peter Hubbard, group CEO, UK General Insurance Postonline
  
  
  New entrants to personal lines are outsmarting a stuck-in-the-mud industry with inspiring ideas
  
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• C-Suite - Insurer: No time to lose on cancer

  10-02-2015 10:00
  
  Mark Paterson, risk manager, QBE Europe Postonline
  
  
  Occupation-related cancer deaths are too high in the UK – more needs to be done to prevent them
  
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• Catlin Group sees pre-tax profits rise 13% in 2014

  10-02-2015 09:56 via insuranceage.co.uk
  
  GWP rises as COR slips slightly.
  
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• David Edwards Insurance Brokers rebrands

  10-02-2015 09:30 via insuranceage.co.uk
  
  Family-owned firm launches as Edwards Insurance Brokers.
  
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• David Ross confirmed as new Towergate chief executive

  10-02-2015 09:15
  Investor group says Towergate acquisition is expected to close by the end of March
  
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• Catlin reports 13% boost to pre-tax profit

  10-02-2015 08:54
  The insurer will also declare a special dividend of 12p per share following the sale of Insure the Box
  
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• DIS 2015 - Speaker: Darius Kumana: head of IT & digital strategy, Markel International

  10-02-2015 08:53
  
  Tracey Jones Postonline
  
  
  Darius Kumana heads IT and Digital Strategy for Markel International. He is not your typical technical leader.
  
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• DIS 2015: Darius Kumana: head of IT & digital strategy, Markel International

  10-02-2015 08:53
  
  Tracey Jones Postonline
  
  
  Darius Kumana heads IT and Digital Strategy for Markel International. He is not your typical technical leader.
  
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• Catlin sees 2014 profits jump 13% to $488m

  10-02-2015 08:33
  
  Katie Marriner Postonline
  
  
  Catlin has reported a 13% increase in profit before tax to $488m (£320m) for the year ended 31 December 2014 (2013: $432m).
  
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• Catlin sees 2014 profits jump 13% to £320m

  10-02-2015 08:33
  
  Katie Marriner Postonline
  
  
  Catlin has reported a 13% increase in profit before tax to $488m (£320m) for the year ended 31 December 2014 (2013: $432m).
  
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• Protected no claims bonus changes will push up motor premiums - CMA

  10-02-2015 07:33
  The Competition and Markets Authority accepts costs and premiums will increase, but says the ultimate benefit felt by the consumer will be greater
  
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• Davies expects to win 20 contracts this year after returning to profit

  10-02-2015 07:30
  Garwyn acquisition contributed nearly £1m to underlying profit in 2014
  
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• Cybercrime cost Singapore companies S$2bn in 2014

  10-02-2015 05:23
  
  Andrew Tjaardstra Postonline
  
  
  Cybercrime cost businesses in Singapore S$2bn (£980m) last year according to official figures.
  
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• XL's Vigar leaving Singapore for Japan

  10-02-2015 03:15
  
  Andrew Tjaardstra Postonline
  
  
  Andrew Vigar, country manager Singapore, XL is relocating to become the specialist insurer's country manager for Japan.
  
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