Insurance news

• Zurich looking to replace chief executive Martin Senn - report

  13-11-2015 19:45
  
  News follows collapse of RSA deal and third quarter profit drop
  
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• Willis and Towers make final pitches for deal

  13-11-2015 18:55
  Towers Watson and Willis have both released 11th hour statements
  to shareholders as they attempt to get their merger deal home in
  the face of opposition from the key proxy agencies.
  ISS and Glass-Lewis released reports on 5 November that advised
  Towers Watson to oppose the deal on its current terms - something
  that is often sufficient to force the revision or collapse of
  proposed deals.
  After the proxy firms' verdicts were released, Janney
  analyst Robert Glasspiegel said that he...
  
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• Travel Terrorism: Tourism under attack

  13-11-2015 17:22
  
  Edward Murray Postonline Travellers want clarity and certainty when it comes to terrorism cover.
  
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• C-Suite: Insurer - Forever friends

  13-11-2015 17:08
  
  Caroline Langridge Postonline Every customer wants to feel their insurer is doing right by them.
  
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• Aviva primes Irish health business for possible sale

  13-11-2015 16:23
  
  Peta Fuller Postonline Aviva is examining its Irish health insurance arm for a potential sale, Post understands, but the plan is in an early stage and no decisions have been made.
  
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• Clear breaks through £70m GWP barrier with acquisition

  13-11-2015 16:21
  
  Company acquires £8m specialist broker Emson
  
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• Cooper Gay in talks to sell Swett & Crawford

  13-11-2015 14:44
  Cooper Gay has placed its US wholesale operation Swett &
  Crawford up for sale with a valuation in the region of $600mn,
  The Insurance Insider can reveal.
  Sources said that Cooper Gay has appointed Perella Weinberg -
  fresh from its mandate on the Willis-Towers Watson deal - to advise
  on the sale.
  It is understood that a number of parties have signed
  non-disclosure agreements to receive a confidential investor
  memorandum. Indicative offers have not yet been sought.
  Likely bidders for...
  
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• Cooper Gay to sell North American business

  13-11-2015 14:41
  
  Move follows strategic review
  
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• Cooper Gay to sell N American business

  13-11-2015 14:41
  
  Move follows strategic review
  
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• Quizzical questions: 13 November 2015

  13-11-2015 14:10
  
  Test your knowledge of the week’s news with our topical quiz.
  
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• Co-op announces trio of hires with appointment of NEDs and COO

  13-11-2015 13:14
  
  Katie Marriner Postonline The Co-operative Insurance has appointed two non-executive directors to its board and hired a chief operating officer to join the executive management team.
  
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• Insurance disruptor driverless car stopped for going too slow

  13-11-2015 13:03
  
  Police pull Google car over for causing traffic tailback
  
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• Clear buys Emson Corporate Services

  13-11-2015 12:00
  
  Clear Insurance Management CEO Howard Lickens says acquisition will strengthen its construction business.
  
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• Transactor appoints Chris Newman group COO in new structure

  13-11-2015 11:09
  
  Software specialists restructure with two divisions.
  
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• Quiz of the week - 13 November 2015

  13-11-2015 11:00
  
  Post Online Postonline Test your knowledge of the week's insurance news, with the Post insurance quiz on the week.
  
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• Broking break: How to improve your website

  13-11-2015 11:00
  
  Web user experience expert, Eliza Savov, from ClickTale shares her top five tips.
  
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• State of Insurer Nation Blog: Understanding risks and improving operating results in the digital era

  13-11-2015 10:30
  
  Stephen LathropePostonline The digital age is truly upon us, with consumers looking to both research and purchase products using a wide range of devices, wherever and whenever it suits them.
  
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• Stewart to step down as chairman at L&G

  13-11-2015 10:10
  
  Peta Fuller Postonline Legal & General chairman John Stewart will retire in 2016, with no firm date set yet as the company looks for a successor.
  
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• Late bid by CSC in Xchanging takeover

  13-11-2015 09:34
  
  Peta Fuller Postonline Procurement and technology provider Xchanging has seen another takeover bid, this time from US-based technology company CSC.
  
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• CSC eyes last-minute bid for Xchanging

  13-11-2015 09:33
  The bidding war for insurance outsourcer and software group
  Xchanging plc has been thrown wide open with a late show of
  interest from IT services firm Computer Sciences Corporation (CSC).
  UK outsourcer Capita had won the early face-off to acquire the
  outsourcing firm with a 160p per share cash offer after private
  equity firm Apollo announced that it had decided not to proceed
  with a 170p per share indicative bid.
  But late yesterday (12 November) the $9bn market cap US-listed...
  
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• Aviva calls bankers for sale of £300m GWP Irish health arm

  13-11-2015 09:04
  
  Aviva could scoop ‘tens of millions’ from deal 
  
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• Hastings' aggressive pricing will continue - Moody's

  13-11-2015 08:56
  
  Rating agency says the insurance group’s slick operating model allows aggressive pricing 
  
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• Pay-as-you-go motor broker launches as boss hails era of sharing economy

  13-11-2015 08:53
  
  Drivers can gain cover to drive someone else’s car in less than an hour 
  
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• IAG drops Australia from logo

  13-11-2015 04:11
  
  Andrew Tjaardstra Postonline IAG has decided to drop Insurance Australia Group from its logo and will now use lower case letters for its overall brand.
  
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• Consumer group calls for fines for unsimplified policy documents

  13-11-2015 01:05
  
  Peta Fuller Postonline A third of insurance policies are written at a university-equivalent reading level, making them inaccessible to large portions of the population, according to research by consumer group Fairer Finance.
  
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