ERS
Revealed: 2017 British Insurance Awards winners
RSA scooped a trio of awards last night at the British Insurance Awards, winning in the claims initiative, major loss and young achiever categories.
Discount rate cut 'will push up motor premiums by 7%'
The cut to the Ogden discount rate will push up motor premiums by 7% by January 2018, according to analysis by ERS.
Roundtable: Digital is an attitude
Being a digital insurer isn’t about the aptitude but the attitude. This was the conclusion of a roundtable I chaired recently for Post, in conjunction with SSP.
ERS appoints ex-AA head of counter fraud
ERS has hired ex-AA head of counter fraud, Steve Gaywood, as the new head of counter fraud for the syndicate.
This Week in Post: Extinction and distinction
This week I took my toddler to see the roaring animated T-rex at the Natural History Museum. “Raaa!” she growled, before wimping into her father’s arms, unaware dinosaurs are actually extinct.
Motor premiums set to rise by 29% by 2018
Motor premiums will rise by up to 29% by January 2018 due to hikes to Insurance Premium Tax, increasing repair costs and the EU's Vnuk ruling.
Donna Willis replaces Tim Yorke as ERS COO
Donna Willis has been promoted to the role of chief operations officer at ERS as Tim Yorke departs from the company at the end of March.
This week: Personal injury, fundamental flaws and results
Personal injury took on a new meaning for me this week when I discovered a bruised ankle picked up during a recent paragliding adventure was actually a bad break.
Expected discount rate cut shaves £10m profit from ERS
The expected discount rate reduction has shaved off £10m of profit from motor insurer ERS.
Lancashire Holdings reports unchanged return on equity despite a 'turbulent' 2016
Bermuda insurer Lancashire Holdings reported unchanged return on equity despite a ‘turbulent’ 2016 but has predicted difficulties within the market for the foreseeable future.
Chair John O'Roarke hails 'exciting opportunities' as Horwich Farrelly unveils record turnover
The chairman of specialist insurance industry law firm Horwich Farrelly has declared its growth in turnover and instructions as a sign of its growing “credibility” in its chosen markets.
Electronic trading: What is good form online?
The growth in online communications makes BT's strapline ‘It's good to talk' seem dated, but anyone who has had to lift a phone to unravel a burgeoning misunderstanding in an email can appreciate its spirit.
ERS expands its operations to Swansea
Specialist Lloyd’s motor insurance syndicate ERS will be relocating a number of its operations to its Swansea business in order to reach its mid-term target of a 90% combined ratio.
State of the Broker Nation Extra: Insurers
In this extra part of the State of the Broker Nation, we find out what brokers really think about their insurers. Michèle Bacchus asked them plainly – and she has received some frank answers
Rising Star: Annie Robertson, ERS
Annie is portfolio underwriting manager for bespoke motor at the insurer
Blog: Whiplash reform requires unified push
The status quo on whiplash claims is detrimental to innocent motorists and the personal injury market needs to speak with one voice to push for reform.
Biba in talks with Enterprise liquidator to help affected brokers
The British Insurance Brokers’ Association is in talks with failed insurer Enterprise’s liquidator with the aim of helping affected UK brokers.
ERS former director and three advisors will appear before tribunal
Three financial advisors and a former director of Equity Red Star have been singled out following an investigation into historic losses at the Lloyd's syndicate.
When should older drivers hang up their keys?
Older drivers are a growing market, whose risk is difficult to assess.
Blog: Enterprise collapse shows taxi and self-drive rates have been too low
Enterprise's failure shows a correction to rate levels is long overdue. Mark Bacon, underwriting director at ERS, argues now is a time for discipline in pricing.
ERS in the black as H1 2016 COR hits 99.8% on back of £7.3m profit
Lloyd’s motor insurance specialist ERS has reported a profit of £7.3m in it the first half of 2016, the result of continued underwriting and volume growth.
Enterprise fallout, fraud cases reopened, blockchain and Ghostbusters - the week in Post
Well the weather might have turned a touch greyer, but the summer holidays are truly here judging by the fact my commute to work is less busy but buying a sandwich in the West End at lunchtime has become a lengthy tourist obstacle course.
Enterprise liquidator tells policyholders to seek new cover due to claims uncertainty
The provisional liquidator of Gibraltar-based Enterprise Insurance Company has warned that it is uncertain the business has enough assets to pay claims.
ERS moves to support brokers following Enterprise collapse
ERS is looking to support brokers following the Gibraltar Financial Services Commission’s action on Friday after Enterprise informed them they were insolvent.