Personal
NW England bodily injury claims largest in UK and America
The Institute and Faculty of Actuaries has welcomed the government decision to ban referral fees after its research found claims management companies (CMCs) pocketed almost £500m last year.
Post magazine – 20 October 2011
This week the Post team reports on the reason behind Imperial Consultants’ Ian Hogarth’s move to LAS Claims Management.
Insurance 2 Go sets £2m turnover target
Online mobile phone insurance specialists Insurance 2 Go plans to make a £2m turnover next year and expand into Europe in the first quarter.
Hogarth’s Imperial exit sparked by ‘difference of opinion’ - Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including the reason behind Imperial Consultants’ Ian Hogarth’s move to LAS Claims Management.
Hastings posts 150% EBITDA surge
Hastings Insurance Group has increased its combined EBITDA from £11m to £27m for the 2010/2011 financial year.
Penny Black’s insurance week
A competition organised by the smart suit people Cad and the Dandy for the best-dressed banker caught Penny’s eye this week, with the judges for the award including the sartorial pugilist Chris Eubank.
Law report: Ruling reinforces risk-taking stand
This law report has been contributed by national law firm Berrymans Lace Mawer.
Market moves: Brokers pick up the pace
Following a quiet fortnight, major players in the broking sector have actively been recruiting this week.
Law report: Forseeability question formally laid to rest in harassment appeal case
This law report has been contributed by national law firm Berrymans Lace Mawer.
Law report: Equestrian experience verdict good news for defendants
This law report has been contributed by national law firm Berrymans Lace Mawer.
Post magazine – 13 October
This week the Post team reports on news that new entrant Ecclesiastical has shaken up the property owners market by winning a multi-billion pound portfolio belonging to The Crown Estate, as sources suggest the sector is witnessing business-hungry…
Ecclesiastical shakes up property owners market with Crown Estate win - Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories including news that new entrant Ecclesiastical has shaken up the property owners market by winning a multi-billion pound portfolio belonging to The Crown Estate, as…
Topham lands Quote Me Happy role
Former Green Flag director Henry Topham has been named as retail and trading director of Aviva’s recently launched Quote Me Happy brand.
TSC risks missing the point about motor insurance pricing
The Association of British insurers has responded to the results of a Young Marmalade survey which revealed that 96% of young drivers feel priced off the road by high insurance premiums.
PMI discount for Hong Kong based customers
Now Health International is offering prospective customers who are resident in Hong Kong the opportunity to reduce their private medical insurance premium by 15% by restricting the type of room they have access to when seeking hospital treatment.
Ex-KPMG insurance leader joins RSA as NED
RSA has appointed Alastair Barbour to its board as a non-executive director as of today.
Allan Clare resurfaces at Barclaycard
Former RBS Insurance risk and financial crime boss Allan Clare has moved out of insurance and into the better-resourced world of credit cards, becoming head of financial crime at Barclaycard.
RBSI reveals £15m referral fee windfall
Royal Bank of Scotland Insurance benefitted from referral fee income of £15m in the first half of this year – more than 7% of its H1 profits.
Ablett outlines WCI modernisation goals
The newly installed master of the Worshipful Company of Insurers Tim Ablett has vowed to attract younger members and improve the WCI’s communications.
Aviva unveils new personal lines and commercial underwriting heads
Aviva has bolstered its underwriting, pricing and products team with four new senior appointments.
Axa names new recruit
Axa Personal Lines has appointed Mike Worne as an independent partner development executive.
Focus on personal injury fraud means insurers missing the bigger picture
Law firm Beachcroft has warned that insurers are so focused on personal injury fraud they are missing large-scale credit hire scams.
Staddon resurfaces at motorcycle specialist Devitt
Former British Insurance Brokers’ Association boss Peter Staddon has vowed to make Devitt “a force to be reckoned with” after joining as personal lines executive director.
BIS 2011: RBSI boss: telematics could create insurance underclass
Young drivers represent a huge reputational risk to insurers and telematics could create an uninsurable motor underclass unless the industry addresses urgent questions on data standards and ownership.