Articles by Peta Fuller
Pen Underwriting promotes from within for new divisional head
Jennifer Martin will head up a dedicated financial lines division at the underwriter, taking responsibility for UK and international business.
Towergate takes from RSA to fill chief underwriting role
Towergate has hired Andy Baughan as chief underwriting officer, replacing Paul Jewell in the role.
AIG pares back to achieve planned $25bn shareholder return
AIG plans to return $25bn (£17.5bn) to shareholders through measures including a part-IPO of its mortgage insurance subsidiary and a series of reinsurance transactions, a strategic announcement revealed today (26 January).
Claimant legal bodies unite in bid to shape whiplash consultation
Three prominent legal bodies are joining forces in a bid to counter insurance industry-backed proposals to remove general damages from soft tissue injuries that will form part of a government consultation document.
Industry likely to follow suit as Allianz tackles SME underinsurance
Other insurers are expected to follow Allianz’s lead in addressing underinsurance in the SME market, despite the likely adverse impact on trading results.
FCA appoints PRA's Bailey as CEO
The Financial Conduct Authority has a new CEO with HM Treasury appointing Prudential Regulation Authority boss Andrew Bailey to the role.
Career Development: Sterling service at Covéa Insurance
Reading-based Covéa Insurance saw high scores in customer satisfaction and likelihood to refer following a survey by the Institute of Customer Service.
Allianz to ditch condition of average for underinsured SMEs
Allianz will remove the use of averages for SMEs that are underinsured despite recognising such a move could affect its trading results, the insurer announced among other measures today (25 January).
ABI adds new role to focus on devolved nations
The Association of British Insurers has created a new role to specialise in policy for Scotland, Wales and Northern Ireland.
Guy Carpenter adds new MD for Benelux region
Susanne Miller-van der Schild will take on the role of managing director at Guy Carpenter’s Benelux office, moving from SNS REAAL.
IPT pushes up home and motor rates, says AA
Home and motor premiums increased in Q4 2015, with the AA’s index pointing to the increase in Insurance Premium Tax shouldering at least some of the rise.
Mid-market push in Manchester for Axa
Andy Williamson has been appointed as Axa’s Manchester branch manager in a move to push the company’s ambitions in the region.
Broking jobs to stay in Wales with government investment
Government backing for Welsh-based commercial broker Moorhouse Group will see almost 90 jobs created in the country, with the company previously considering outsourcing to South Africa.
The road to repair: how the industry has responded to flooding in Cumbria
The government is making grants available for flood resilient repairs.
Increase in FSCS levy to be greatest for insurers
Insurers will see the largest increase in the Financial Services Compensation Scheme levy when compared to other financial sectors, with the industry set to pay an extra £32m according to the FSCS’s 2016/17 plan.
Fraud detection program goes live at Swedish insurer Folksam
Claims fraud detection program FRISS is now live at major Swedish insurer, Folksam.
Biba index shows rise in private car premiums
Broker-led private car policies have seen a significant spike in premiums, according to the latest insurance price index from the British Insurance Brokers’ Association and Acturis.
RSA pushes wholesale presence in Lloyd's market
RSA is the latest insurer to push its wholesale business, with a move into the Lloyd’s building.
New CEO and board members for marine cargo insurer NMU
Lloyd’s marine insurer NMU has made a number of changes to its executive board, including a new CEO.
Big data risk increasing as tech disruptors impact industry
Determining appropriate social media use by insurers is one of the challenges outlined in a report into industry disruptors launched today (15 January) by the Chartered Insurance Institute.
Quiz of the week – 15 January
Test your knowledge of the week's insurance news, with the Post insurance quiz of the week.
Gravity of cyber risk stressed as climate change tops risk list
Failure to act on climate change was named the top global risk by the World Economic Forum today (14 January), as a Marsh leader claimed cyber risk is widely underestimated outside the US.
GAP product released for agriculture sector
Two specialist agriculture guaranteed asset protection (GAP) products have been launched by the XS Cover Company, via Malta-based protected cell company Building Block Insurance.
Interview: James Woollam: An independent spirit
Young broking boss James Woollam, MD of Hayes Parsons, discusses the lack of advice available for fledgling directors as he sets his sights on turning the Bristol-based company into a £40m GWP firm via organic growth and acquisition.