Insurance news

• Solicitors' regulator names and shames two law firms without PI cover

  23-03-2015 17:24
  Solicitors’ watchdog bares its teeth at law firms that failed to get compulsory professional indemnity cover 
  
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• Hastings strikes deal with Guidewire

  23-03-2015 17:15
  Software house will provide full suit of insurance services for the insurer
  
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• Museums: Heritage at heart

  23-03-2015 16:55
  
  Veronica Cowan Postonline
  
  
  The UK’s museums are big business, so how do administrators make sure their assets are covered in any eventuality?
  
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• Stephen Catlin gets 43% pay rise after ‘superior performance’

  23-03-2015 16:38
  Lloyd’s insurer’s finance chief Benjamin Meuli also rewarded with 45% rise
  
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• Interview: Helen Withers: Seizing the opportunity

  23-03-2015 16:03
  
  Callum Brodie Postonline
  
  
  When Helen Withers was made redundant, she took the chance to start afresh and, as managing director of Arc Legal, she tells Post how the decision has paid off
  
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• Broker Apprentice finalist joins Hamilton Fraser

  23-03-2015 15:56
  
  Holly Markham takes on the role of business development executive.
  
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• Axa and RSA confident unsigned contracts for driverless cars will not hold up trials

  23-03-2015 15:53
  
  James Verrinder Postonline
  
  
  Insurers involved in the upcoming driverless cars road trials have dismissed the significance of delays in the signing of contracts following the government’s “unexpected” pledge to invest £100m in the technology.
  
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• Axa and RSA confident contracts for driverless cars trials will be signed soon

  23-03-2015 15:53
  
  James Verrinder Postonline
  
  
  Insurers involved in the upcoming driverless cars road trials have dismissed the significance of delays in the signing of contracts following the government’s “unexpected” pledge to invest £100m in the technology.
  
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• ALPS shifts motor legal expenses business to Arc Legal

  23-03-2015 14:33
  Arc replaces existing MGAs Legal Insurance Management and UK General
  
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• PRA publishes ‘milestone' paper on managers' oversight

  23-03-2015 14:11
  Katie Marriner Postonline
  
  
  The Prudential Regulation Authority has published the scope of its senior managers regime for Solvency II insurers with guidelines on how the regime will apply to non-executive directors to be published later in the year.
  
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• Allianz teams up with Irwin Mitchell on legal negligence claims

  23-03-2015 13:31
  New After the Event product designed to make it easier to remedy solicitors’ failings
  
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• Saga joins Biba

  23-03-2015 13:11
  
  Saga joins trade association and will be involved in its motor panel and regulatory working party.
  
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• Over-50s broker Saga joins Biba

  23-03-2015 12:35
  Company to be ‘heavily involved’ with trade association’s activities
  
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• Aviva drives away with Honda personal lines deal

  23-03-2015 12:31
  Partnership gives five-day cover for every Honda bought from the company’s franchises
  
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• Bank reveals accountability rules for senior insurers

  23-03-2015 12:08
  Threadneedle Street regime for non-exec directors will be published later this year
  
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• Allianz and Irwin Mitchell develop legal negligence product

  23-03-2015 11:58 via insuranceage.co.uk
  
  Support4Dispute will enable consumers and businesses to take action agains negligent law firms.
  
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• Allianz and Irwin Mitchell launch ATE product for negligence claims

  23-03-2015 11:51
  
  Francesca Nyman Postonline
  
  
  Allianz has launched an after-the-event insurance product in partnership with law firm Irwin Mitchell to facilitate professional negligence claims against solicitors.
  
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• Hong Kong's motor malaise

  23-03-2015 11:48
  
  Nicky Burridge Postonline
  
  
  Nicky Burridge investigates why Hong Kong experienced some poor motor underwriting results in 2014.
  
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• Alps moves capacity to Arc Legal on motor legal expenses

  23-03-2015 11:45 via insuranceage.co.uk
  
  Company investigating opportunities to expand in schemes market with brokers.
  
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• Ace launches clinical trial product

  23-03-2015 11:36 via insuranceage.co.uk
  
  Ace group offers cover to life sciences firms with specialist clinical trial programme.
  
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• Government teams up with Marsh on cyber risk

  23-03-2015 11:35 via insuranceage.co.uk
  
  Marsh and the government launch report aiming to make the UK a global hub for cyber insurance.
  
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• Insurers still have much to do ahead of Solvency II deadline, warn EY and Silverfinch

  23-03-2015 11:33
  
  James Verrinder Postonline
  
  
  A survey of asset managers has found that only around 10% of their insurance assets have been in contact to discuss Solvency II issues.
  
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• Diversity: Why does diversity matter?

  23-03-2015 11:32
  
  Stuart Sandell Postonline
  
  
  Diversity in your business should not be an exercise in ticking boxes. Research shows a diverse workforce is a good business strategy – one that can impact and strengthen the bottom line.
  
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• Flood Re CEO to meet MPs

  23-03-2015 11:31
  
  David Worsfold Postonline
  
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• Trade Voice: Taking the first steps

  23-03-2015 11:30
  
  Malcolm Hyde Postonline
  
  
  Can the UK insurance sector learn anything from the Irish Consumer Protection Code 2012?
  
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• Natural Catastrophes: Extreme reaction

  23-03-2015 11:30
  
  Katie Marriner Postonline
  
  
  The Insurance Council of Australia’s natural catastrophe coordination initiative is an example of how an industry can collaborate to respond quickly and effectively to extreme weather events.
  
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• CPP continues CEO search five weeks after Escott resignation

  23-03-2015 11:04
  
  Callum Brodie Postonline
  
  
  Credit card insurer CPP is yet to have identified a suitable replacement for Brent Escott more than a month after the former CEO resigned from the firm.
  
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• Allianz develops legal negligence product

  23-03-2015 10:58 via insuranceage.co.uk
  
  Product designed to enable consumers and businesses to take action agains negligent law firms.
  
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• QBE consolidates its grip as largest player in solicitors' PI market

  23-03-2015 07:45
  Endurance Worldwide is the biggest new entrant 
  
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• Endurance is biggest new entrant into solicitors' PI market

  23-03-2015 07:45
  QBE still tops the list of the biggest players while unrated insurers reduce market share
  
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• No need for Pool Re-style fund for cyber insurance

  23-03-2015 07:30
  Marsh’s Mark Weil accuses the industry of being ‘weak’ for asking for help from government
  
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• Government and Marsh unveil plan to make UK the global centre for cyber insurance

  23-03-2015 07:30
  New data sharing initiative included in recommendations
  
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• Cyber insurance needs 'significant investment' from brokers - Weil

  23-03-2015 07:30
  Marsh’s Mark Weil said brokers need to plug the risk gap between advice and insurance
  
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• Great American to establish Asia hub

  23-03-2015 04:29
  
  Andrew Tjaardstra Postonline
  
  
  Great American Insurance is to open an office in Singapore this summer after gaining preliminary approval from the Monetary Authority of Singapore.
  
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• Government reveals plan to make London cyber capital in new report

  23-03-2015 01:19
  
  Francesca Nyman Postonline
  
  
  The UK government today unveiled plans to make the London the cyber risk management capital of the world in a report released in conjunction with broker Marsh.
  
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• Government reveals plan to make London cyber capital

  23-03-2015 01:19
  
  Francesca Nyman Postonline
  
  
  The UK government today unveiled plans to make the London the cyber risk management capital of the world in a report released in conjunction with broker Marsh.
  
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• BLM and Cunningham Lindsey launch joint claims handling brand

  23-03-2015 01:05
  
  Callum Brodie Postonline
  
  
  Law firm BLM has teamed up with loss adjuster Cunningham Lindsey to launch a streamlined service that combines loss adjusting, claims handling and litigation.
  
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