Articles by Peta Fuller
Axa steers customers to Flood Re-backed policies as scheme launches
Axa Insurance will contact its direct customers who would benefit from a Flood Re-backed policy to encourage them to cancel their existing policy for one backed by the new scheme.
Brexit would ‘hurt’ or ‘severely damage’ Lloyd’s
More than two-thirds of market professionals think Brexit would “hurt” or “severely damage” the London market, according to a survey from financial public relations consultancy Haggie Partners.
Fraudsters are 'hijacking' genuine claims as crash-for-cash detection improves
Hijacking of genuine claims is a new tactic being employed by fraudsters as insurance fraud is increasingly being picked up by insurers
Open APIs mooted by Brolly co-founder after insurtech Downing Street summit
The slower pace of insurtech growth has been recognised by government during a Downing Street meeting of leading industry players on Wednesday (30 March).
Motor prosecution insurer Road Halo to partner with Arc Legal
Road Halo’s motor prosecution defence cover will be offered as an add-on or stand alone product through a partnership with Arc Legal.
UK-based insurtech firm Instanda grabs spot in Microsoft programme
Instanda has become the only insurance-based technology firm to be accepted onto Microsoft Ventures’ London accelerator programme.
Flood Re gets PRA and FCA authorisation
Regulators have confirmed Flood Re will be authorised from tomorrow ahead of the scheme’s 4 April start date.
Aviva uncovers new crash for cash claim every three hours
More than 3,000 organised crash for cash claimants were detected by Aviva in 2015 - one every three hours - with accidents targeting innocent motorists remaining high.
FCA finds PPI complaints rise but other GI concerns continue to fall
Payment protection insurance complaints have increased but general insurance claims outside of this category have continued to fall, according to the Financial Conduct Authority's latest report.
Peter Hubbard-backed Emerald Life to offer LGBT-tailored products in UK first
Full-service insurance provider Emerald Life launches today (30 March) with its first products designed specifically for the LGBT community.
AIG Europe reports growth in net premiums, slight COR improvement
AIG's European arm posted stable results for the year ended 30 November 2015, including a slightly stronger combined ratio of 98.2% (2014: 98.4%) and 2% growth in net premiums.
Kane to sell ILS administration and captive management business Artex
Global insurance management firm Kane will sell its captive management and insurance linked securities administration business, Artex Risk Solutions.
Former Ageas CEO Smith joins Uinsure
Barry Smith will join Manchester-based general insurance provider Uinsure as non-executive director, following his departure from Ageas in October last year.
Budget 2016: Latest IPT rise could ‘interfere’ with Flood Re’s primary objectives
Commentators warn it is paramount that people are not dissuaded from taking out policies
Budget 2016: Corporate tax changes aimed at banks could impact insurers offsetting losses
Insurers hit by rises in claims as a result of the recent floods and increases in insurance premium taxes will also now face corporate tax changes that will affect them offsetting losses.
Budget 2016: Safe Harbour lanes mooted as UK shifts gears on autonomous vehicle investment
A £15m ‘connected corridor' from London to Dover, driverless car and truck platooning trials were all outlined as part of the 2016 Budget in a move to retain the UK's position in the market.
SMEs split on Brexit according to Zurich risk poll
Just under 40% of SMEs would back Brexit according to Zurich’s latest SME Risk Index.
Broker Brentacre to expand into general commercial
Swansea-based specialist insurance broker Brentacre will branch into general commercial insurance with a key hire.
ABI adds DAC Beachcroft as second associate member
The Association of British Insurers has added law firm DAC Beachcroft as an associate member, the second since the category was created by the ABI.
Axa chairman and CEO Henri de Castries to step down
Axa’s long-serving CEO and chairman Henri de Castries will retire and leave the board of directors on 1 September with the role to be split following his departure.
Pressure tipped to rise on insurers' use of price optimisation
Insurers should think about the possibility of price optimisation being curtailed, a leading insurance ethicist has outlined in a Chartered Insurance Institute think piece.
Ex-Marsh executive Julie Page returns to Aon
Julie Page will take up the UK national managing director role at Aon Risk Solutions, following her departure as CEO of consumer and commercial at Marsh last year.
VIG plans for growth as €172m preliminary profit announced for 2015
Vienna Insurance Group has targeted at least 10% growth in Poland, Hungary, Croatia and Serbia over the medium term as the company announced a €172m (£134m) preliminary profit before tax for 2015.
Budget 2016: Flood defences spend 'too little, too late'
The insurance premium tax rise and resulting £700m spend on flood defences could be "too little, too late" according to loss assessment firm Harris Balcombe.