Allianz
Russian Roundup: Q4 2014
Insurance companies Allianz and AIG closed their business arms in Russia while Rosgosstrakh closed its Belarusian subdivision and continued to receive fines for breaching the law for selling compulsory motor third party liability insurance certificates
Broker Network extends Allianz partnership deal by three years
Allianz has renewed its strategic partnership with Broker Network for an additional three years.
Review of the Year: General Insurance
General insurers including Ageas, Aviva, Direct Line, Axa and LV reflect on a year that started with immense flood claims, saw the Competition and Markets Authority’s final report into motor insurance and ended with a warning by the regulator on the use…
Career development: Questgates reports continuing success in counter-fraud training courses
Specialist loss adjuster Questgates has recorded 13 candidates from insurers passing its counter-fraud training courses and obtaining qualifications from the Counter Fraud Professional Accreditation Board.
One in 10 car deaths linked to alcohol, says WHO
Following a study, the World Health Organisation has said one in every 10 car deaths is linked to alcohol.
Andrew Torrance to leave Fireman's Fund in US restructure
Allianz's former UK CEO Andrew Torrance is stepping down as CEO and president of Allianz's Fireman's Fund unit at the end of the year.
Hertzell seeking wide range of industry experts for fraud taskforce
The government taskforce set up to tackle insurance fraud will include a small number of senior representatives from the wider insurance industry, Law Commissioner David Hertzell has confirmed.
Supply chain communications issues threaten insurers' reputation
Differing methods of communication compares poorly to other sectors
AGCS predicts aviation exposure to exceed £638bn by 2020
Increasing fleet values and a rise in passenger numbers is expected to push the value of aviation risk exposure through the $1trn (£638bn) barrier by 2020, according to Allianz Global Corporate & Specialty.
Insurers urged to boost claims service to get competitive edge
Chubb and Hiscox have taken the top two spots in a ranking of claims service in the UK mid-market by Gracechurch Consulting.
Allianz tweaking commercial branch network for 2015
Allianz has created a new region for its UK commercial branch network, bringing together two existing locations in Central and East England
Ecclesiastical recruits Towergate Lancaster boss to helm Northern operations
Ecclesiastical has named Towergate Lancaster and Alker Insurance managing director Francis Carroll as its new regional director for the North.
Claims Awards Asia 2014: The winners
On 19 November the Asian claims community gathered to celebrate claims excellence at an awards ceremony in Hong Kong.
Regional Review: Glasgow
Glasgow’s reputation as a vibrant, people-orientated city is reflected in its dynamic general insurance market in which over-capacity and a high number of resident brokers have not deterred new players from pouring in. Even hardened insurance…
Penny Speed Meets... David Vine, business development manager, Allianz Legal Protection
Penny meets Allianz Legal Protection's business development manager, David Vine
Clarke appointed to lead Allianz's retail telematics strategy
Allianz has appointed Glen Clarke as head of telematics in the retail division.
Dye confident Allianz will return to retail profitability for full year
Allianz UK CEO Jon Dye has stressed that the insurer still plans to return to underwriting profitability for its retail business in its full year results, despite notching a 100.2% combined operating ratio for the first nine months of the year.
Allianz UK nine-month profit down £10m despite GWP improvement
Allianz has reported pre-tax profits down 9% at £117.2m in spite of gross written premiums increasing by £181m.
Insurers sign up to cyber summit agreement with government
Twelve insurers have signed a joined pledge to more actively highlight cyber threats to UK businesses and work more closely with government to improve cyber security risk management.
Seven insurers appointed to Towergate SME panel
Towergate has reached agreements with seven insurers to form a commercial panel for sub £5000 premium standard SME business.
Insurers defend service levels in wake of broker criticism
Insurers have been quick to defend their service levels and approach to relationship-building after brokers surveyed by Post considered firms were left wanting in these areas.
C-Suite: Is Shanghai's free trade zone brave enough?
China’s experiment with a free market economy reached a critical stage when it opened up its pilot free trade zone in Shanghai last September. Is the model brave and decisive enough?
AGCS expands board and adds mid-corporate business line
Allianz Global Corporate & Specialty SE has expanded its board of management and added a new business line for mid-tier companies.
Research: State of the Broking Nation Part 1: Insurers
A warts-and-all qualitative view from the broking market