Allianz
Career development & CSR: Allianz apprenticeship scheme targeted at A-level students
Allianz Insurance has launched a new apprenticeship programme giving students with A-level qualifications the opportunity to work within its retail division.
Insurers extend riot notification period
Insurers have extended their claims notification periods for claims resulting from the riots in response to the government’s own extension of the notification period under the Riot (Damages) Act compensation scheme.
Technology focus - Cloud computing: Head in the clouds
The exact definition of cloud computing may be up in the air but a large number of companies have embraced it. Amy Ellis reports on the insurance industry’s take-up of cloud technology and the security implications involved.
New generation claims group: Networking opportunities
With a brief of developing innovative ways to improve the claims process, the Chartered Insurance Institute’s new generation claims group recently finished its year-long pilot. Ant Gould looks at the results and talks to the key players.
Allianz picks Fix Auto for repairs
Allianz has signed a three-year deal with Fix Auto UK to run its national accident repair services.
Allianz set for £25m riot claims exposure
Allianz is the first insurer to give an estimate for its exposure to the riots that have taken place in London and across the UK.
Allianz insures riot victim JD Sports
Allianz have confirmed it insures JD Sports, the sports fashion and trainers retailer widely looted throughout the UK during the four days of rioting.
Allianz’s COR increases to 96.1%
Allianz’s combined written ratio has depreciated slightly to 96.2% (2010 - 95.3%) for its 2011 half year results.
Insurer estimates hit £750m as city riot damage racks up
RSA, Aviva and Axa are likely to incur the biggest losses from commercial property claims with the latest riot bill estimate hitting £750m, as Post went to press.
Insurance no ‘safe haven’ despite stock resilience
Leading analysts have warned insurers that the industry is not a “safe haven” for investors, despite share prices falling less than the stock market average of 5.5% since Friday 5 August.
Solicitors’ PI squeezed further as Chartis exits new business
Chartis UK has blamed the high volume and cost of claims for its decision to stop writing new solicitors’ professional indemnity business this year but has not ruled out reversing its policy in the future.
People moves - 11 August 2011
A round-up of people moves and new appointments in the industry, as featured in the 11 August 2011 edition of Post.
Legal expenses - Commercial cover: Two sides to the story
With the legal expenses sector about to undergo a massive shake-up, Jakki May looks at the changes, why some are welcoming them with open arms and why others
Allianz commercial appoints chief casualty surveyor
Allianz Commercial has promoted Craig McLaughlin to the role of chief casualty surveyor.
Join Allianz, Groupama, BMS, Novae, SSP, CII and Lancashire in signing up for the Insurance Cup
With the football leagues in England and Scotland now underway, there has never been a better time to think about dusting off the boots and signing up for The Prince's Trust Insurance Cup.
Household water leaks cost £2bn
According to the Association of British Insurers, 9.7 billion litres of water leaked into UK homes over the course of a year – enough to fill 3,880 Olympic size swimming pools.
Commercial property Benelux: the bottom of the market?
The commercial property market in Benelux remains soft but as premium hit rock bottom Sam Barrett looks to see if changes are on the way.
Allianz Group’s net profit falls by 7%
Allianz Group has generated a quarterly net income of €1.1bn (2010 - €1.2bn), despite a net burden of €326m due to current impairments for Greek sovereign bonds and “significantly adverse” currency movements.
Allianz UK arm sees benefit of 4.6% rate increases with H1 GWP uplift
Allianz’s combined written ratio has depreciated slightly to 96.2% (2010 - 95.3%) for its half year results for 2011.
Credit hire: Improving the engagement
The credit hire industry has traditionally had a rocky romance with insurers. Sam Barrett looks at what has gone wrong and how the two sides can reconcile their differences.
Metal theft on the rise as scrap prices increase
Risk management experts from Allianz are calling on brokers to be proactive about metal theft, following a spate of robberies that have left the company facing millions of pounds in losses.
Allianz selects repair partners
Allianz has selected building maintenance firm Mitie and insurance repair specialist MA Assist for its nationwide building repair.
Solvency II action remains vital despite delay proposal
Firms have been urged to continue working towards the 1 January 2013 implementation deadline for Solvency II, despite the European Parliament announcement that the regime should be delayed until 2014.
Allianz voted 'most green' insurer
Allianz has been voted the most environmentally sound insurer in the latest Best Global Green Brands. The eco-friendly firm, which was ranked 21st in the overall brand listings, has risen 46 places from its 2010 position in the annual Interbrand survey.