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Insurance Daily
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Blogs about daily insurance industry news. Detailed updates and informations about insurance industry was relayed and explained.
1212 articles
PartnerRe appoints head of Life
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PartnerRe Ltd. has announced the appointment of Dean Graham as the firm’s new head of Life.
Graham, whose appointment is effective from today, will assume responsibilities for all of PartnerRe’s Life operations.
He succeeds Franck Pinette, who departed from PartnerRe to pursue other opportunities, and will report directly to Marvin Pestcoe, a member of PartnerRe executive management.
Graham brings extensive experience to his new position, having worked in the sector for more than 20...
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MMA appoints regional development manager
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Lee Grainger has been named by broker-only insurer MMA as the firm’s new regional development manager for South Wales and Gloucestershire.
Grainger previously worked for AXA Insurance as a key account executive, and in his new role will be directly accountable to UK Business Development Manager Claire Ephgrave.
He brings more than a decade of experience in the sector to MMA, the majority of which was spent as a key account executive with AXA Insurance, focusing upon commercial lines in...
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Willis appoints deputy chairman
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Global insurance broker Willis Group Holdings has announced the appointment of Martin J. Sullivan as the firm’s new deputy chairman, and as chairman and chief executive officer of Willis Global Solutions.
Willis Global Solutions is a new business unit which will supervise the brokerage and risk management advisory services provided to accounts of a multinational and global nature.
Sullivan, who is to be based in New York City, will report directly to Willis Group Holdings’ CEO and...
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AXA encourages brokers with PartnerSpace
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AXA Insurance has launched an online portal for independent personal lines brokers.
The insurer claims that PartnerSpace is easy to use and offers brokers a secure forum for discussing business issues and ideas, with both the company and like-minded brokers.
The social media site has been developed following feedback from brokers and offers a range of features, including information on products and services plus exclusive partner offers and deals.
AXA is hopeful that it will facilitate existing...
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Bupa Individual Protection appointed to First Complete panel
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Bupa Individual Protection has been appointed to the First Complete protection panel, meaning that members of the financial services network can now offer Bupa income protection, critical illness and term assurance products to their customers.
Commenting on the move, the insurer’s individual protection head of sales, Steve Casey, says: ?We are always looking for ways to strengthen and grow our customer base and this partnership will ensure that more people will be able to access and...
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Insurance application fraud halves
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The number of fraudulent applications for insurance policies fell during the first half of 2010, according to Experian.
Having hit an all time high of 16 fraudulent applications per 10,000 in the final three months of 2009, the figure has since halved and now stands at eight applications in every 10,000.
However, the credit specialist has also reported that in the first six months of the year, 19 in every 10,000 loan applications received by UK financial institutions were identified as...
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swiftcover.com gives zero tolerance to fraudsters
From Insurance Daily , Yesterday, Read 0 times. Similar articles
Deceitful motorists can expect short shrift from car insurer swiftcover.com, which is now to review the histories of applicants for motor insurance automatically.
The insurer has estimated that 10% of applicants may not tell the whole truth, and that they are more likely to make claims, particularly of a fraudulent nature, than the 90% of honest applicants.
In addition, 60% of the dishonest applicants will not renew with swiftcover.com, preferring to hop from insurer to insurer and lying to...
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Eurobase Insurance appoints sales director
From Insurance Daily , Yesterday, Read 0 times. Similar articles
Eurobase Insurance Solutions has enhanced its insurance team with the appointment of Stuart Pembery as the firm’s new sales director.
The firm will benefit from the extensive experience Pembery has accumulated during his career, which spans a quarter of a century.
During his lengthy time in the insurance sector he has held a wide range of positions and worked for Xchanging, Faraday, Virgin Media and CMG.
Pembery has expressed his delight to be joining Eurobase, which he first encountered...
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LV= reports strong start to 2010
From Insurance Daily , Yesterday, Read 0 times. Similar articles
LV=, the mutual insurance, retirement and investment group, has reported its interim results for the first six months of 2010.
The firm saw gross written premiums increase by 37% from £397.5m to £546.4m, with broker business rising by 56% to exceed £300m.
During the same period last year the firm recorded a 92% rise in gross written premiums, a huge gain that has been both kept and improved upon this year.
LV=’s combined ratio improved, falling by 1.9% to 101.9%, and the firm is now,...
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ClimateWise advocates government partnerships with insurers
From Insurance Daily , Yesterday, Read 0 times. Similar articles
ClimateWise, a group set up by insurers to respond to the risks and opportunities of climate change, has launched a global insurance industry statement that focuses on developing countries.
Prepared in collaboration with the United Nations Environment Programme Finance Initiative, The Geneva Association and Munich Climate Insurance, the statement seeks to highlight ways in which governments can help protect developing world populations and economies from natural disasters, through...
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