Insurance news

• RSA chief digital officer leaves

  30-03-2015 18:24
  
  Ian Hood exits insurer to pursue opportunities in a new sector.
  
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• Towergate closes Jedburgh office in Scotland

  30-03-2015 17:57
  
  Consolidator confirms there are no job losses as staff relocate to Galashiels.
  
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• Best brokers have a full understanding of risk - Dominic Christian

  30-03-2015 17:02
  
  Aon UK CEO says brokers must also be advisors and consultants and not just the transactors of a generation ago.
  
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• Vulnerable Customers: Protecting the vulnerable

  30-03-2015 16:33
  
  James Verrinder Postonline A recent Financial Conduct Authority report found that financial companies are not meeting the needs of the more vulnerable customers in society – so what are insurers doing to help combat this?
  
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• Complaints about insurance intermediaries to the FCA continue to fall

  30-03-2015 16:32
  
  Fourth consecutive half year of falling complaints.
  
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• FCA data shows complaints about insurance intermediaries continue to fall

  30-03-2015 16:32
  
  Fourth consecutive half year of falling complaints.
  
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• Celebrity Endorsements: All that glitters

  30-03-2015 15:40
  
  Rachel Gordon Postonline What happens when the actions of a company’s celebrity endorser bring a campaign to its knees?
  
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• Political Interview: Cathy Jamieson: Bringing big ideas

  30-03-2015 15:17
  
  Mairi MacDonald Postonline In the last of Post’s political interviews in the countdown to the General Election, Cathy Jamieson, Labour Shadow Financial Secretary to the Treasury, lays out her party’s aims in government.
  
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• GI complaints slightly down in second half of 2014

  30-03-2015 14:58
  
  James Verrinder Postonline Complaints about general insurance fell 1% in the second half of 2014, according to the latest figures from the Financial Conduct Authority.
  
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• C-suite - Insurer: The balance of responsibility

  30-03-2015 14:55
  
  Jeremy Miles Chubb UK & Ireland Manager Postonline Key changes will need to be made by insurers and brokers due to the Insurance Act 2015, says Jeremy Miles Chubb UK & Ireland manager.
  
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• Quindell name likely to change following Slater & Gordon deal

  30-03-2015 14:32
  Chairman David Currie says accounting changes will be “significant”
  
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• Quindell name likely to change following Slater and Gordon deal

  30-03-2015 14:32
  Chairman David Currie also says accounting changes will be “significant”
  
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• Slater & Gordon deal a 'vindication' for Quindell's accounting practices

  30-03-2015 13:07
  
  James Verrinder Postonline Quindell's non-executive chairman David Currie said that the sale of the claims outsourcer's professional services division "vindicates" some of the findings of a PWC investigation into the company's accounting practices.
  
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• PPI complaints fell in the second half of 2014

  30-03-2015 12:53
  
  Overall number of complaints to financial services firms fell 7% compared to the first six months of the year.
  
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• Broker complaints to the regulator down 17%

  30-03-2015 12:32
  2014 is the second year in a row that broker complaints have fallen
  
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• C-suite - Insurer: It’s legal, but is it right?

  30-03-2015 12:18
  
  Adrian Furness, claims director, Covéa Insurance Postonline The CMA’s lack of action over subrogated claims means the industry itself must act, says Adrian Furness, claims director, Covéa Insurance.
  
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• Blog: Insurance results commentary

  30-03-2015 12:00
  
  Murray Raisbeck Postonline How has the first quarter of 2015 compared with previous years in terms of financial results, understanding regulation and the role of technology?
  
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• Buying habits of millenials raise threat of conduct risk

  30-03-2015 11:59
  
  Francesca NymanPostonline Technology is increasingly distancing millennials from traditional purchase channels and sources of advice, research by consultancy Towers Watson has found.
  
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• Sterling launches e-trade service for brokers

  30-03-2015 11:29
  
  Offering comes with three new commercial e-trade products.
  
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• Optimism up among brokers and insurers

  30-03-2015 11:28
  
  Financial services survey shows increases in business volumes and profitability.
  
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• Bank of Scotland to offer own-brand car insurance through Junction deal

  30-03-2015 11:27
  
  Katie Marriner Postonline BGL Group's affinity arm Junction has added two motor insurance propositions to the Lloyds Banking Group insurance offering including a Bank of Scotland-branded motor insurance product.
  
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• Fitch gives AIL A+ rating with stable outlook

  30-03-2015 11:22
  
  Agency says Ageas Insurance Limited is core to the Group.
  
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• Fitch gives Ageas A+ rating with stable outlook

  30-03-2015 11:22
  
  Agency says Ageas Insurance is core to the group.
  
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• Public set to increase insurance spend, PWC survey finds

  30-03-2015 11:14
  
  James Verrinder Postonline People are expected to spend more money on insurance products according to the latest CBI/PWC Financial Services Survey, which was published today (30 March).
  
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• AGCS hires first UK-based cyber risk consultant

  30-03-2015 11:11
  
  Katie Marriner Postonline Allianz Global Corporate and Specialty has appointed Rishi Baviskar as its first UK-based cyber risk consultant.
  
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• Corporate policyholders told to improve standards in light of Insurance Act

  30-03-2015 11:10
  
  Callum BrodiePostonline Corporate insurance buyers in the UK have been warned that current risk analysis standards “fall substantially short” of the compliance implications associated with the incoming Insurance Act.
  
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• Co-op GI operations head Day to exit

  30-03-2015 10:52
  
  Katie Marriner Postonline Co-operative Insurance general insurance operations head Lynn Day is to leave the business after 33 years, Post can reveal.
  
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• Allianz brings in first cyber specialist

  30-03-2015 10:51
  New cyber risk consulatant will support cyber insurance clients globally
  
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• QBE names Menear as director of underwriting operations

  30-03-2015 10:32
  
  Callum BrodiePostonline Insurer QBE has appointed Nick Menear to the newly created role of underwriting operations director.
  
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• Gocompare welcomes FCA social media guidance

  30-03-2015 10:01
  
  Aggregator says it doesn't rely on the medium to drive business.
  
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• Fitch assigns Ageas Insurance A+ 'strong' IFS rating

  30-03-2015 10:00
  
  Callum BrodiePostonline Ageas Insurance has been assigned the A+ ‘strong’ insurer financial strength rating by Fitch, with a ‘stable’ outlook.
  
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• Quindell directors to resign after sale of professional services arm

  30-03-2015 09:31
  
  Callum BrodiePostonline Quindell CEO Robert Fielding will move to Australian law firm Slater & Gordon following the sale of the claims outsourcer’s professional services arm.
  
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• Quindell accounting review expected to result in reduced profits

  30-03-2015 09:23
  It is likely that Quindell will have to restate some previously announced results
  
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• Ageas secures A+ rating from Fitch

  30-03-2015 09:20
  Rating is the first Ageas has received since public information ratings were stopped by Standard & Poor’s
  
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• Quindell sells professional services division for initial £637m

  30-03-2015 09:11
  Slater and Gordon will also pay 50% of fees received for all noise induced hearing loss cases to Quindell
  
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• CPIC admits "grave" property and casualty underwriting issues

  30-03-2015 09:06
  
  Andrew Tjaardstra Postonline Shanghai-based giant China Pacific Insurance's profits climbed 19.3% last year to 11bn yuan (£1.19bn) despite "grave" problems in its property and casualty arm.
  
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• Growing demand for HNW skills in Asia-Pacific, says Morgan McKinley

  30-03-2015 05:35
  
  Andrew Tjaardstra Postonline Professional services recruitment firm Morgan McKinley has said it is expecting a "conservative" hiring push in the Asia-Pacific region over the next two years.
  
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• Demand for HNW skills in Asia-Pacific on the up, says Morgan McKinley

  30-03-2015 05:35
  
  Andrew Tjaardstra Postonline Professional services recruitment firm Morgan McKinley has said it is expecting a "conservative" hiring push in the Asia-Pacific region over the next two years.
  
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