Aviva
Initial Public Offerings: A good time to float
Following successful initial public offerings by Direct Line Group and Esure, many industry commentators believe market conditions are currently perfect for further flotations. So, is it time for others to go public?
Financial transaction tax will have ‘significant implications’ for insurers
EU tax’s implementation date and final form unclear amid legal challenges
Aviva acquires Perth office
Aviva has purchased its Pitheavlis building in Perth, which it previously leased and where 1300 of the insurers’ employees are based.
Arista hires ex-Axa underwriter for senior development role
Commercial lines underwriting specialist Arista has appointed Claire Morris as senior development underwriter to its Southampton office.
Allianz investigates possible employers’ liability fraud rings
Insurers must do more to clamp down on fraudulent employers’ liability claims before organised fraudsters take the “next logical step” into the EL sector, according to Allianz fraud manager Mihir Pandya.
Saulter exit will not disrupt Towergate M&A activity, vows Hodges
The departure of Towergate mergers and acquisitions director Dan Saulter will not dent the consolidator’s acquisition strategy in the year ahead, according to chief executive Mark Hodges.
AGM vote represents ‘significant protest’ against RSA directors’ pay
Meeting also sees major shareholders voice disappointment over dividend cut.
Whiplash: Whipping up a storm
As the debate about bogus whiplash claims rumbles on, opinion is divided on whether two investigations into the issue are warranted and what impact they will have
Top 5 European stories
The top five stories from www.insuranceinsight.com over the past seven days.
Axa leads the way in Brokerbility satisfaction survey
Axa has been rated the highest performing firm among Brokerbility’s seven key insurer partners in the collective broking organisation’s bi-annual satisfaction survey.
Gallagher Heath unveils restructure
AJ Gallagher has created three new divisions within its Gallagher Heath Insurance Services in a bid to reflect its chosen distribution channels – direct, intermediary and partnerships.
Aviva reports drop in NWP
Aviva has reported a 5% reduction in net written premium across its UK general insurance operation to £923m in the first quarter of 2013 (Q1 2012: £974m) while group GWP fell 2% to £1.2bn (Q1 2012: £1.7bn).
Towergate’s Duggan puts market competitors networks in crosshairs
Duggan won’t ‘rule anything out’ in plans for business’s future
Quindell model calls for clarity after shares plummet
Speed and volume of deals have caused confusion
Aviva offshores 600 jobs to India
The UK union Unite has accused Aviva of betraying its UK workforce by offshoring hundreds of back office life insurance processing jobs to India.
Aviva resurrects General Accident brand for motor market
Aviva is targeting parents seeking to purchase their children's car insurance with its new motor proposition after resurrecting its General Accident brand.
Aviva relaunches General Accident brand
Aviva is introducing a new car insurance brand for internet shoppers following the success achieved by its Quote Me Happy offering.
Aviva to send 600 UK jobs to India
The union Unite has accused Aviva of betraying its UK workforce by offshoring hundreds of back office processing jobs to India.
Aviva board backed in AGM vote
Aviva has avoided a repeat of last year’s shareholder revolt at its annual general meeting, with the positions of its board validated by investors.
Aviva pens seven year supplier contract with Innovation Group
Software solutions and outsourcing business the Innovation Group has signed a new contract with Aviva that will see the insurer supplied with the firm’s claims scoping and supplier management solution.
Broking Supplement: Networks - Joined-up thinking
Networks may give a bigger voice to small and medium-sized brokers - but after 20 years is the model still valued by insurers?
Aviva undertakes overhaul of external legal panels
Aviva is inviting law firms to pitch for a place on its global and UK panels as part of an overhaul of the insurer’s external legal advice set-up.
Ecclesiastical promotes Hews to group CEO role
Ecclesiastical has promoted its chief financial officer to the top of the business with immediate effect.
Telematics Expo: Magic number is 200 says Aviva
Telematics can reliably predict the future driving style of a customer after 200 miles of use according to Aviva's GI partnerships and business development director Simon Warsop.