Insurance news

• Axa confirms mid-market sector appetite with 10 target segments

  19-03-2015 18:14
  
  Stephanie Denton Postonline
  
  
  Axa has revealed it is to target 10 mid-market segments as part of its ambitious five year growth plan.
  
  Read more

• Axa’s Blanc reveals five-year growth plan as insurer seeks 15% share of mid-market sector

  19-03-2015 18:14
  
  Stephanie Denton Postonline
  
  
  Amanda Blanc, CEO of Axa Commercial Lines and Personal Intermediary, has revealed she has ambitious growth plans over the next five years and is targeting a combined operating ratio of 96% for the business.
  
  Read more

• Axa targets brokers with a £5m growth fund via its ‘Premier Partner' broker community

  19-03-2015 18:13
  Mairi MacDonald Postonline
  
  
  Axa has confirmed its commitment to regional brokers by launching a broking community called ‘Premier Partner' to provide core benefits to reward strong local business relationships.
  
  Read more

• NCB deadline extension may not be long enough, claims ABI

  19-03-2015 18:13
  
  Callum Brodie Postonline
  
  
  The Association of British Insurers has questioned whether the Competition and Markets Authority's no claims bonus extension is adequate and described its decision to maintain “rigid and generic” wording on NCB information as “a mistake”.
  
  Read more

• Advertisement

• SRA investigates two uninsured firms

  19-03-2015 15:48
  
  Katie Marriner Postonline
  
  
  Two uninsured law firms that should have closed at the end of 2014 are being investigated by the Solicitors Regulation Authority.
  
  Read more

• PPO damages ruled out by judge on RSA split liability case

  19-03-2015 15:31
  
  Francesca Nyman Postonline
  
  
  A High Court judge has ruled that a periodic payment order is not be an appropriate form of damages where there is a significant liability split.
  
  Read more

• Home and Legacy relaunches landlord insurance

  19-03-2015 14:52 via insuranceage.co.uk
  
  The high net worth specialist says policy now includes improved liability limits and loss of rent cover.
  
  Read more

• Lloyd's broker Lonmar Global Risks chief executive to step down

  19-03-2015 14:16
  Simon Rice will become managing director of business development
  
  Read more

• Advertisement

• Fusion makes three new additions to Manchester office

  19-03-2015 14:01
  Hires are part of strategy to locate underwriting teams closer to broker markets
  
  Read more

• UKinsuranceNET aims to double GWP over three years

  19-03-2015 13:17
  
  Specialist property broker teams up with Acturis to target new business using technology.
  
  Read more

• No claims bonus deadline extended

  19-03-2015 12:22
  
  Biba welcomes CMA decision to extend deadline for protected no claims bonus information to August 2016.
  
  Read more

• Europe C-Suite: A judgment call - the PI market in Germany

  19-03-2015 12:00
  
  Jens Heienbrok Postonline
  
  
  The market for professional indemnity cover is growing in Germany - so how can insurers keep up with demand?
  
  Read more

• Cold calling claims farmers to be investigated by fraud taskforce

  19-03-2015 11:58
  Insurance Fraud Taskforce will look at how data is sourced by claims management companies
  
  Read more

• Insurance Fraud Taskforce to 'debunk the myth' of insurance fraud being a victimless crime

  19-03-2015 11:45
  Insurers said the industry must look at the way it communicates with customers
  
  Read more

• Elite offering PII to MROs as Medco minimum cover requirement is set at £1m

  19-03-2015 11:05
  
  Callum Brodie Postonline
  
  
  Unrated insurer Elite Insurance has “leapt to the aid” of medical reporting organisations that want to be considered for the Medco portal by offering professional indemnity cover.
  
  Read more

• Elite offering PII to medical reporting agencies hoping to join Medco

  19-03-2015 11:05
  
  Callum Brodie Postonline
  
  
  Unrated insurer Elite Insurance has “leapt to the aid” of medical reporting agencies that want to be considered for the Medco portal by offering professional indemnity cover.
  
  Read more

• Under-35s urged to actively shape London market's future

  19-03-2015 10:46
  
  Katie Marriner Postonline
  
  
  Willis deputy CEO and London Market Group chair Steve Hearn has called on Lloyd's and London market employees under the age of 35 to play an active role in shaping the future of the sector.
  
  Read more

• CMA opts to ban all motor aggregator deals

  19-03-2015 10:43
  
  Regulator decides that price parity agreements between insurers and brokers and price comparison sites should be banned across the board.
  
  Read more

• Bayles outlines Aviva's three-pronged GI growth plan

  19-03-2015 10:42
  
  Katie Marriner Postonline
  
  
  Growth is on the agenda for Aviva's UK general insurance business in 2015 with partnerships and existing customers identified by chief sales and marketing officer Phil Bayles as two target areas.
  
  Read more

• SSP to hit acquisition trail following private equity-backed MBO

  19-03-2015 09:20
  Possible expansion areas are UK insurer software sector and overseas, says insurer division MD Stephen Lathrope
  
  Read more

• Motor Claims 2015 - Keynote speaker: Rob Townend

  19-03-2015 08:00
  
  Tracey Jones Postonline
  
  
  Global claims strategy and innovation director at Aviva Rob Townend has worked for the insurer since 1996 and is currently responsible for Aviva's global claims strategy and innovation.
  
  Read more

• Ban on aggregator motor deals extended to smaller players

  19-03-2015 04:30
  
  Andrew Tjaardstra Postonline
  
  
  The Competition and Markets Authority has extended its upcoming ban on motor insurance aggregator deals to smaller aggregators.
  
  Read more

Follow @Insurance_UKnws on Twitter!