Axa
Credit card compliance low
Only 11% of UK companies, including insurers, are certified as payment card industry compliant, according to new research by Tripwire.
Axa moves to expand Asian GI business
Its Malaysian subsidiary, Axa Affin General Insurance Berhad has received the approval from Bank Negara Malaysia, to acquire 80% of BH Insurance Berhad from Boustead Holdings Berhad and 20% from Felda Marketing Services Sdn Bhd.
Bluefin set to make six acquisitions
Axa-owned broker also reveals it expects to make “many more” acquisitions in coming months, targeting the East Midlands, South West, Wales, and Northern Scotland.
Axa Corporate Solutions reports €1.93bn annual turnover
Axa Corporate Solutions posted a 2.3% growth in 2009 turnover on a comparable basis, reaching €1.93bn (£1.75bn), while underlying earnings were up by 17% at €133m.
ARAG continues recruitment drive
ARAG UK has made three new appointments, including James Morgan, who joins the underwriting team from Alico UK as ATE assistant underwriter.
Axa MGA stance leads to 13% cut in volumes
Axa Insurance's strategy of lifting rates and exiting relationships with managing general agents has led to a 13% reduction in volume in its commercial lines book over the course of 2009.
Lloyd’s named UK’s strongest insurance brand
Specialist insurance market Lloyd’s has been named as the UK’s top insurance brand.
Swiftcover warns "fronting" fraud has doubled in two years
An estimated 36 000 parents are committing fraud by illegally putting their sons and daughters down as a ‘spouse' or ‘partner' on their car insurance policy - a crime known as fronting according to Axa-owned firm.
Capita lands Sainsbury’s pet insurance claims role
Capita Insurance Distribution’s pet insurance division Thornside will handle sales fulfilment and claims handling on behalf of Sainsbury’s pet insurance partner Axa.
Bluefin insurance business revenues drop 9% to £116m
However, parent Axa pleased with 90% retentiuon rate.
Axa UK GI earnings dip 63% after £157m fire and weather losses.
Globally, Axa Group reported underlying earnings down 6% to €3854m versus 2008, adjusted earnings down 8% to €3468m and net income up 283% to €3606m (on a comparable basis).
Axa UK GI earnings dip 63% after £157m fire and weather losses.
Globally, Axa Group reported underlying earnings down 6% to €3854m versus 2008, adjusted earnings down 8% to €3468m and net income up 283% to €3606m (on a comparable basis).
Motor Claims 2010 - Axa: performance up following GTA exit
Axa Insurance's withdrawal from the Association of British Insurers' general terms of agreement has been good for the insurer's performance, according to its technical manager for motor claims.
Credit-hire roundtable: Any lessons learnt?
With the tenth anniversary of Dimond v Lovell approaching, Post hosted a candid debate on the issues surrounding vehicle provision in motor claims. Jonathan Swift reports.
Motor Claims 2010: All change for motor
The UK motor claims sector is going through a period of rapid change, with the impending introduction of the Ministry of Justice reforms very high on the industry's agenda.
Aviva loses out in brand survey as Axa tops the list
The highly publicised rebranding of Aviva does not appear to have had the desired impact yet, according to an annual survey that examines 500 of the world's top brands.
Fraud group slams GMC as surgeon avoids panel
The Health Insurance Counter Fraud Group has accused the General Medical Council of providing a "route map" for doctors who seek to escape investigation for misconduct that potentially costs insurers thousands of pounds.
Blackham returns to broking market with Howden
In this new role, Howden said the co-founder and former CEO of Layton Blackham and Bluefin will provide support and guidance to help it definine and execute its strategy for continued growth, particularly in the development of the UK market.
Nine in ten customers “satisfied” with motor claims service
Almost 90% of claimants are satisfied with their motor insurance claims service, new research has revealed.
What the papers say
What the Papers Say: Joining Insurance Age editor Martin Friel this month are former Post news editor Ralph Savage and Allianz communications manager Mark Bishop.
Ecclesiastical manager joins Markel
Anne Hudson has joined the retail division of Markel UK as as business development manager.
Axa strikes new insurance deal with oldest bank in the world
Axa and Banca Monte dei Paschi di Siena announced today the extension of their bancassurance agreement in Italy to the 1000 branches of former Banca Antonveneta.
Central eyes opportunities after £1.2m move
Aberdeen-based broker Central Insurance has hired former Aon, Willis and Axa staff to operate its new office in Glasgow, after investing £1.2m in the new venture.
Hubbard quiet on UKG link
Former Axa Insurance chief executive Peter Hubbard has refused to rule himself out of the running to become the new boss of UK General.