Insurance news

• Allianz Commercial appoints three regional underwriting managers

  18-02-2015 18:24
  
  Appointments are internal promotions who will look after north-west, north and south-east.
  
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• Three sentenced for trying to defraud Esure of £51k

  18-02-2015 18:09
  Men submitted fake claims for whiplash injuries and car damage, IFED investigation finds
  
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• Towergate to keep Broker Network despite interest from buyers

  18-02-2015 17:47
  Peter Cullum’s GRP believed to have been among the suitors
  
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• Three sentenced for inventing car crash

  18-02-2015 16:19
  
  James Verrinder Postonline
  
  
  A trio of men the Wirral have been given suspended prison sentences after being found guilty of inventing a car crash in a bid to con an insurer out of £51,000.
  Terance Price, Scott McCready and David Williams had previously admitted to making up the ‘accident' and then submitting false claims to Esure for whiplash injuries and damage to their cars.
  
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• Three fraudsters get suspended sentences

  18-02-2015 15:35
  
  Wirral men sentenced for 'cash for crash' scheme after trying to claim £51,000 from esure.
  
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• Gallagher's Rayleigh office to close in February

  18-02-2015 15:25
  
  The majority of staff will move to other offices in Essex.
  
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• UK-based multinationals face VAT hike after HMRC decision

  18-02-2015 13:27
  
  Francesca Nyman Postonline
  
  
  UK-based multinational insurers face a hike in their VAT bill from 1 January 2016 following a ruling by HM Revenue and Customs.
  
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• Flood Re to drive household rate rises in 2015, claims L&G boss

  18-02-2015 13:03
  
  Callum Brodie Postonline
  
  
  The expense of complying with Flood Re will help drive single digit rate movement in the household market this year, according to Legal and General director of general insurance Mark Holweger.
  
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• Flood Re to drive household rates rise in 2015, claims L&G boss

  18-02-2015 13:03
  
  Callum Brodie Postonline
  
  
  The expense of complying with Flood Re will help drive single digit rate movement in the household market this year, according to Legal and General director of general insurance Mark Holweger.
  
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• Acquisitions on the agenda in Aon’s SME expansion

  18-02-2015 12:57
  
  Broker pledges increased investment as it targets SME clients and affinity business.
  
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• Aviva downgraded by Berenberg as turnaround case questioned

  18-02-2015 12:15
  
  Francesca Nyman Postonline
  
  
  Equities analyst Berenberg has downgraded Aviva from ‘buy’ to ‘sell’, saying evidence of a turnaround at the British composite insurer is “less compelling than the movement in the share price would suggest”.
  
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• Blog: Bullying and harassment workshop 2015

  18-02-2015 12:00
  
  Mariel Irvine Postonline
  
  
  Solicitor Mariel Irvine discusses a recent seminar her firm ran for insurers and employers on the successful defence of bullying and harassment claims
  
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• Former Lemma director found murdered

  18-02-2015 11:31
  Francesca Nyman Postonline
  
  
  A former director of collapsed unrated insurer Lemma has been found murdered at his home in the Ukraine.
  
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• Why insurance brokers need to wake up to digital innovation

  18-02-2015 11:30
  
  Digital innovator and Worry and Peace founder James York explains why he's a partner in the FinTech Futures campaign.
  
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• Post magazine – 19 February 2015

  18-02-2015 11:17
  
  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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• Sweep of hires at Towergate-owned BiB Underwriting

  18-02-2015 10:41
  
  Farming and rural underwriter takes on eight new employees.
  
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• JLT takes two from Aon for solicitors’ PI

  18-02-2015 10:30
  
  Broker added four to team in 2014.
  
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• JLT poach two from Aon to strengthen solicitors' PI teams

  18-02-2015 09:33
  New hires follow on from four regional PI appointments in 2014
  
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• Arista strengthens Leeds underwriting team with new hire from RSA

  18-02-2015 09:18
  Stuart Hudson will focus on property, casualty and motor fleet business
  
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• RSA sells Indian insurance arm for £46m

  18-02-2015 09:10
  The deal is expected to be completed within six months
  
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• Cunningham Lindsey appoints new inTrust director

  18-02-2015 09:04
  Jane Lewis replaces the promoted Bobby White
  
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• Cunningham Lindsey appoint new inTrust director

  18-02-2015 09:04
  Jane Lewis replaces the promoted Bobby White
  
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• RSA sells holding in Indian insurer

  18-02-2015 08:11
  
  Katie Marriner Postonline
  
  
  RSA has sold its 26% stake in Indian insurer Royal Sundaram Alliance Insurance Company to Sundaram Finance, its joint venture partner.
  
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• Claims Excellence Awards 2015: Only two weeks left to enter

  18-02-2015 07:40
  Firms have until 4 March to get their entries in, with the judging taking place on 25 March
  
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• The Knowledge Live: 85% of SME brokers lack the confidence to sell cyber insurance

  18-02-2015 07:30
  The emerging product class is the fastest growing risk of concern to SMEs
  
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• Insurers and banks in landmark fraud sharing initiative with government

  18-02-2015 07:30
  Initial test phases have found that government and private sector firms are defrauded by the same people
  
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• Thailand's online distribution heats up

  18-02-2015 05:14
  
  Nicky Burridge Postonline
  
  
  The insurance industry in Thailand is waking up to the benefits of digital distribution channels as the market bounces back to double-digit premium growth writes Nicky Burridge.
  
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• IAG's premiums and profits rise in Asia

  18-02-2015 04:37
  Andrew Tjaardstra Postonline
  
  
  Australasia giant is growing slowly but surely in Asia.
  
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• Brisbane hailstorm hurts IAG's first half profits

  18-02-2015 04:07
  Andrew Tjaardstra Postonline
  
  
  Catastrophes and reduced reserved releases contributed to IAG's 9.8% fall in profits in the first half of its financial year through 31 December.
  
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