Articles by Katie Marriner
Lost digital content worth over £1bn
Britons have lost more than two billion pieces of digital media content, for example songs and apps, in the last two years, research from Sainsbury’s Bank home insurance has found.
DLG confirms involvement in FCA complaints handling review
Direct Line Group has confirmed it is one of the three firms from the general insurance sector to be involved in the Financial Conduct Authority’s thematic review on complaints handling.
Fixed rate health insurance launched by ESMI
Healthcare provider Essential Supplementary Medical Insurance has launched fixed rate health insurance, the first of its kind in the UK.
Zurich names De Swaan chairman
Zurich Insurance Group has appointed Tom de Swaan as its chairman after Josef Ackermann stepped down last month following the death of the group’s chief financial officer.
Neil Moge to lead EMEA insurance portfolio at Goldman Sachs
Neil Moge has been hired by Goldman Sachs to lead a London-based team overseeing investments for insurers in Europe, the Middle East and Africa.
Tom de Swaan appointed Zurich chair
Zurich Insurance Group has appointed Tom de Swaan as its chairman after Josef Ackermann stepped down last month following the death of the group’s chief financial officer.
85 changes to funding Scottish civil litigation recommended
A review into the expenses and funding of civil litigation in Scotland has recommended 85 changes to the current system including solicitors being able to offer their clients "no win, no-fee" agreements.
Four on trial for involvement in ghost broking scam
Four men who were allegedly part of a motor insurance ghost broking scam are on trial in London for either laundering the proceeds or being directly involved in the scam.
Biba urges FCA to leave brokers out of complaints review and focus on insurers
DLG, Aviva and Allianz are top three GI firms in terms of number of complaints
Reinsurers demand greater decision-making powers as wreck removal costs soar
Munich Re is calling for reinsurers to have more say in decisions relating to marine salvage and wreck-removal operations against the backdrop of increased politicisation and escalating costs surrounding the Costa Concordia cruise liner wreck.
MAST offers security product for smaller yachts
Maritime Asset Security and Training has launched a security umbrella service offering Superyacht grade security services, training and systems to the owners of smaller yachts from 16m – 40m.
Graham Card tasked with developing Netsett
Xchanging has appointed Graham Card to develop global accounting and net settlement platform Netsett.
Brightside dismisses Markerstudy offer
Brightside directors have said they see no need in proceeding with offer discussions with Markerstudy after the Gibraltar-based motor insurer reduced its offer by at least 5p per share.
CII publishes two ethical guides
The Chartered Insurance Institute yesterday launched two ethical guides with a third due to be published later this year.
Insurers braced for Isle of Sheppey crash claims
Insurers are expecting a steady influx of claims following the Isle of Sheppey crash last week, which involved more than 130 vehicles.
FCA warns against policy from unlicensed New Zealand insurer
The Financial Conduct Authority has found a home insurance policy from an unlicensed New Zealand insurer has been sold to UK consumers through an authorised general insurance intermediary.
Aon Benfield research finds 32 markets have COR below 100%
Aon Benfield research has found 32 of the top 50 markets have a five year combined ratio under 100% while the EMEA area leads the way regionally with a COR of 98% overall.
Capital influx could displace traditional equity capital - Willis Re
The influx of third-party capital into the reinsurance market may displace up to $40bn (£25.5bn) of traditional equity capital, which could either be returned to shareholders or redeployed elsewhere in the reinsurance market, according to Willis Re.
Xchanging looks to grow US presence
Technology business Xchanging is looking to grow its presence in the US, executive director Adrian Guttridge has revealed.
Garry Fearn to step down from Covéa
Garry Fearn is to step down as Covéa Insurance executive deputy chairman from 15 September.
Industry making progress on fraud
The insurance industry has made progress with fraud in the past two years but further improvements are still needed, a survey conducted by the Chartered Institute of Loss Adjusters has found.
Internal appointment for new Axa UK CFO
Axa Canada chief financial officer Bertrand Poupart-Lafarge has been named new CFO at Axa UK.
Cunningham Lindsey's Stuart Lansdown joins Questgates
Cunningham Lindsey director Stuart Lansdown has joined Questgates in a move that has spurred a restructure of its liability division.
QBE not ruling out office closures or acquisitions
QBE has not ruled out the possibility of office closures or merger and acquisition activity following the announcement of its business restructure today.