Personal
Mondial reports €56m profit for 2009
Mondial Assistance has reported €1.673bn turnover in 2009 (+4.8% or +5.4% at a constant exchange rate) and a return of €56m. Its combined ratio was 95.9 %.
Octagon enters van insurance market
Octagon Insurance has launched a van policy that will be sold via the price comparison site Go Compare.
IIB relaunches member legal advice line
The Institute of Insurance Brokers has re-launched its 24/7 legal advice line for members.
Arc agrees legal expenses deal with Novae
Lloyd’s insurer Novae has appointed Arc Legal Assistance to provide personal legal expenses and a dedicated travel claims service.
IAM Drive and Citroen sign for Arsenal
IAM Drive & Survive and Citroen have agreed to provide an advanced driver training programme to the young players of Premier League giants Arsenal.
RBSI records COR of 113.3% in Q1 2010
Royal Bank of Scotland Insurance has reported a combined operating ratio, including business services costs, of 113.3% for the first quarter of 2010 compared with 101.5% in Q1 2009.
Chartis' Marr appointed IFB director
The Insurance Fraud Bureau has named Chartis vice president of financial crime Glen Marr as its new director.
Mapfre and Banco Do Brasil agree link-up
Spanish insurer Mapfre has formed a strategic alliance with financial institution Banco Do Brasil to form one of the largest insurance groups in the South American country.
Mapfre and Banco Do Brasil agree link-up
Spanish insurer Mapfre has formed a strategic alliance with financial institution Banco Do Brasil to form one of the largest insurance groups in the South American country.
Axa UK motor book grows 31%
Axa has reported that property & casualty revenues were stable at $9.24bn (£7.83bn) compared to the first quarter of 2009 ($9.1bn).
Axa UK motor book grows 31%
Axa has reported that property & casualty revenues were stable at $9.24bn (£7.83bn) compared to the first quarter of 2009 ($9.1bn).
Lorega strike Biba deal
The British Insurance Brokers’ Association has joined forces with claims advocates Lorega to provide brokers with a free claims helpline advice service for complex claims.
RSA reports premium rise of 5%
RSA has reported that net written premiums rose 5% to £1.9bn in the first quarter of 2010.
RSA reports premium rise of 5%
RSA has reported that net written premiums rose 5% to £1.9bn in the first quarter of 2010.
Claims Club News: RTA portal needs revamp
The road traffic accident portal, which went live last week, will need to be refreshed as early as the summer according to Fraser Fundell, chief executive of IDSL, the firm commissioned to manage the technology.
Claims Club News: Beware the apps backlash warns Williams
Any insurer considering introducing a claims app should be ready for a backlash warned David Williams, Axa's managing director of claims.
Editor's comment: Stop the text pests
Over the last fortnight it would appear that several people in the market, including myself, have been sent the same text message.
Fortis and RBSI hail RTA portal link-up success
Only a handful of insurers successfully took steps to link their internal IT systems to the Ministry of Justice's road traffic accident portal ahead of its roll-out, Post has learnt.
Biba 2010 Countdown: The Claims Perspective
The Biba conference is well known as a gathering place for UK insurers to court brokers. But what of those associated with claims? Post asked the bosses of a number of these firms what their hopes are for this year's event, continuing with Lee Sadowski,…
Biba 2010 Countdown: The London market view
With this year's Biba conference being held in the capital, Post thought it appropriate to ask a number of companies traditionally more associated with the London market why they are exhibiting and what they hope to get out of the event.This week we talk…
Guy Carpenter predicts slow pacific cyclone season
Risk management and reinsurance firm Guy Carpenter has predicted a that tropical cyclone activity in the Western North Pacific will be below normal levels for the remainder of the year.
RSA wins Tesco pet insurance deal
Tesco Bank has partnered with RSA to provide underwriting and claims management for Tesco pet insurance in the UK.
Marsh backs personal injury reforms
Organisations could potentially reduce their claims costs and motor fleet insurance premiums by adhering to the Road Traffic Act’s new personal injury claims process, which was introduced in England and Wales on 30 April, Marsh has said.
Insurance launched for misfuelling drivers
Complectus has developed a new ‘Misfuelling Insurance’ product with Axa Assistance to get drivers back on the road in the event they misfuel their vehicle.