Flood Re
Flood Re to hit 130,000 policies by April
Flood Re is on track to back 130,000 policies in its first year of operation, the scheme’s chief financial officer Adam Golding told Post.
Flood Re appoints Andy Bord as interim CEO
Flood Re has appointed Andy Bord, former managing director of BGL Group, as interim CEO.
Final Perils loss estimate for Storms Eva and Frank hit £504m
Catastrophe data firm Perils said flooding linked to storms Eva and Frank caused insured losses of £504m.
Ocaso rejects £50,000 claim due to policy holder withholding information
The Welsh assembly has criticised Ocaso Insurance’s refusal to pay out for a £50,000 flood damage claims, calling the decision ‘unreasonable’.
Biba to meet business leaders affected by last year's floods
One year on from storm Eva, the British Insurance Brokers’ Association is set to meet businesses affected by last year’s floods in Cumbria.
Flood claims: Under the weather
One year after Storms Desmond and Eva, schemes are now available to make cover affordable for households and small businesses in areas at risk of flooding. As barriers to resilient repairs persist, the focus is shifting to a more precise mapping of the…
Axa and CDL launch Flood Re solution
Axa and technology firm CDL have launched the first Flood Re integrated solution available via a broker software house.
Tackling flood risk needs a collaborative effort, says Flood Re chairman
Insurers, environment agencies and government need to collaborate if they are to tackle the threat of flooding effectively, said Mark Hoban, chairman of the board of directors at Flood Re.
Government needs a joined up approach on flooding, says IFoA
A more joined up approach is needed to tackle the long-term threat of flooding, says the Institute and Faculty of Actuaries.
Brendan McCafferty appointed intermediated and direct CEO of Axa
Axa has appointed Brendan McCafferty as CEO, intermediated and direct, assuming the duties left following Amanda Blanc’s promotion to group CEO.
Flood Re backing 53,000 policies six months after launch
Flood Re is now backing 53,000 policies just six months after the scheme’s launch.
Axa to flood terrace house in research project
Axa will build and then flood a terraced house in a project aimed at helping develop flood resistant homes.
Interview: Colm Holmes, Aviva
Six months into the job, Aviva UK’s newly appointed GI CEO talks to Martin Croucher about the challenges of succeeding Maurice Tulloch and further investment into digital
New farming risks and their insurance implications
The past 12 months have not been easy for farmers. Depressed produce prices have left the sector facing one of the worst income crisis for more than 100 years.
Blog: Claims specialists, underwriters and risk managers need to get together to innovate
Technological advances help claims specialists and underwriters improve their processes but perhaps the biggest challenge for innovation may lie in both of them working together.
Homeserve ‘good bad’ deal says Aviva’s UK GI CEO Holmes
Aviva’s Homeserve deal has been labelled a ‘good bad deal’ by UK General Insurance CEO after the partnership negatively affected the insurer's combined operating ratio by 1% in its interim results.
More than nine out of 10 winter flood claims now settled, says ABI
More than nine out of 10 claims following the winter storms have been fully or partly settled, the Association of British Insurers has said.
Geddes ‘proud’ of Direct Line for Business as growth continues
Direct Line Group is putting ‘extra effort’ into its commercial business as gross written premium for Direct Line for Business increased by 8% in the first half of 2016.
Home premiums rise for third quarter running, AA reveals
New research from the AA has revealed a rise in home insurance premiums for the third quarter in a row.
Hiscox could set up EU carrier following Brexit
Hiscox could set up a separate EU registered business if the UK loses access to the common market, the company’s CEO has said.
Trade Voice: Biba's Steve White on how the times they are a changin'
It is in turbulent times that trade bodies can prove must helpful.
Aviva's Simon Warsop on flood resilience
Simon Warsop, chief underwriting officer for Aviva’s personal lines business, talks about recent flood debates and what action is needed now to protect homes and businesses next winter.
BIA 2016: People – young achiever, unsung hero, personality, achievement
Young Achiever Award; Unsung Hero; Insurance Personality of the Year; Achievement Award
Inet3 launches flood cover for non-standard home risks
Specialist property managing general agent Inet3 has launched non-standard home risks cover on Flood Re, with the support of a new learning hub for brokers.