Insurance news

• RSA to fight Philip Smith’s €1.25m tribunal win

  22-06-2015 17:52
  
  Insurer ‘extremely’ disappointed by verdict in constructive dismissal case
  
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• Philip Smith wins €1.25m from RSA for unfair dismissal

  22-06-2015 17:36
  
  Former RSA Ireland chief executive Smith wins constructive dismissal case following his resignation in November 2013.
  
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• Tapping into insurance FinTech

  22-06-2015 17:32
  
  Sam Evans, of KPMG, explains why the broking firms that are flexible and embrace FinTech will be the winners.
  
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• RSA to appeal Philip Smith's constructive dismissal verdict

  22-06-2015 17:22
  
  James Verrinder Postonline RSA has vowed appeal the Employment Appeal Tribunal in Dublin's decision to award former CEO Philip Smith €1.25m (£900,000) in constructive dismissal damages.
  
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• Analysis: Major Events in the Russian Insurance Market in Q2 2015

  22-06-2015 16:55
  
  Paul Koshik Postonline In Q2, the license of the chief CMTPL market player was withdrawn but returned shortly afterwards; the Russian Association of Motor Insurers summed up the results of the first quarter of 2015; Insurer ORANTA went through rough times.
  
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• Delegated authority criticism sparks unpick in CII exam applicants

  22-06-2015 16:44
  
  Callum BrodiePostonline The Chartered Insurance Institute believes criticism of delegated authority arrangements by the Financial Conduct Authority is behind a spike in interest from the market for its specialist examination.
  
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• Delegated authority criticism sparks uptick in CII exam applicants

  22-06-2015 16:44
  
  Callum BrodiePostonline The Chartered Insurance Institute believes criticism of delegated authority arrangements by the Financial Conduct Authority is behind a spike in interest from the market for its specialist examination.
  
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• Risk appetite and tolerance statements move up insurers' ERM agendas

  22-06-2015 16:41
  
  Katie Marriner Postonline Risk appetite and risk tolerance statements have become more important to more insurers in relation to their enterprise risk management programmes with the latest Towers Watson research reporting a 15 percentage point increase compared to its 2012 survey (2015: 76%).
  
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• Ex-RSA Ireland chief Philip Smith wins €1.25m in unfair dismissal case

  22-06-2015 15:25
  
  Tribunal said during early investigations into Smith’s conduct and performance his fate had already been determined
  
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• Aviva confirms plans for London digital hub

  22-06-2015 15:07
  
  The insurer hopes to encourage collaboration and creativity
  
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• Video: Ryan Direct Group Derek Coles

  22-06-2015 13:14
  
  Callum BrodiePostonline Ryan Direct Group CEO Derek Coles marks his company’s 25th anniversary.
  
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• Aviva to create tech ‘garage’

  22-06-2015 13:00 via insuranceage.co.uk
  
  Insurer confirms ‘Digital First’ tech hub in the heart of Tech City in London’s Shoreditch set up to help trade with brokers and customers.
  
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• Crossrail: Crossing the finishing line

  22-06-2015 12:58
  
  Katie Marriner Postonline With just three years to go until London’s Crossrail transport link is operational, Post investigates the experience so far for the insurance industry players involved in the project.
  
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• Blog: Test driving the Insurance Act 2015

  22-06-2015 12:00
  
  Ishaani Shrivastava Postonline The new Insurance Act 2015 does not come into effect until August 2016 - as such the Act has yet to be tested in the UK courts. On 20 May 2015, the British Insurance Law Association changed that by holding the first ever mock trial exploring the new Act.
  
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• COO Tim Philip leaves Bluefin

  22-06-2015 11:17
  
  He worked for the broker as chief operating officer for two years.
  
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• Technology: A brighter future

  22-06-2015 10:57
  
  Darren Price Postonline The insurance industry can learn a few lessons from the recent London Technology Week Festival, particularly in terms of driving company engagement.
  
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• Bluefin operating chief Tim Philip departs

  22-06-2015 10:47
  
  Philip has worked at the broking group since 2013
  
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• John O’Roarke teases details about post-LV career

  22-06-2015 10:40
  
  Jonathan Swift Postonline He was once a top dog at Churchill. For the last eight years he has been behind one of the hottest success stories in insurance with LV.
  
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• Hit-and-run accidents increased by 4.6% in 2014

  22-06-2015 10:16
  
  There were 599 more accidents in 2014 than 2013
  
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• Alton Towers victims receive insurance payouts for rehab

  22-06-2015 10:12
  
  Callum BrodiePostonline Insurers have started paying out to the victims of the Alton Towers rollercoaster crash.
  
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• Fraud focus: Insurers beware of a red card

  22-06-2015 10:00
  
  Jamie Taylor Postonline It has been a remarkable few weeks as events in Zurich have unfolded, says Jamie Taylor.
  
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• North of the Border: Lifting the bar on abuse claims

  22-06-2015 09:55
  
  David Pollok Postonline Removing the three-year time limit could see previously rejected child abuse claims being revived, says David Pollok.
  
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• R&Q boss confident for the future despite 'challenging' 2014

  22-06-2015 09:37
  
  Callum BrodiePostonline Randall & Quilter chairman and CEO Ken Randall is expecting a “much improved” 2015 after bemoaning a “challenging year” in which financial performance was hampered by lower than anticipated investment income and a disappointing trading performance in the US.
  
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• C-Suite - Insurer: Beware the rise of the machines

  22-06-2015 09:30
  
  Jacqueline McNamee Postonline The Internet of Things presents opportunities for business, but brings with it questions of liability, says Jacqueline McNamee.
  
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• Alton Towers rollercoaster crash victims get first payout

  22-06-2015 09:24
  
  The funds will help victims with their rehabilitation
  
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• Randall & Quilter swings to £1.6m pre-tax loss in 2014

  22-06-2015 09:16
  
  Decline in performance driven mainly by deterioration in provisions for asbestos in R&Q Re in America, poor underwriting conditions and reduced commission
  
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• Randall & Quilter profits swings to £2.7m loss in 2014

  22-06-2015 09:16
  
  Decline in performance driven mainly by deterioration in provisions for asbestos in R&Q Re in America, poor underwriting conditions and reduced commission
  
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• Wilkinson becomes Markel's Singapore claims director

  22-06-2015 04:46
  
  Andrew Tjaardstra Postonline Chay Wilkinson has left loss adjuster Triton to become Markel's Singapore claims director.
  
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