Industry

Parents say EU legislation will signal end of insuring their kids to drive: poll

Using telematics or app-based technology are among the ways younger drivers in the United Kingdom can help reduce car insurance premiums, Aviva reported following the release of commissioned research that shows a third of parents may no longer be able cover the cost of their child’s insurance. The bank of Mom and Dad may be […]

By Canadian Underwriter | November 21, 2012

2 min read

Marsh appoints new head of global surety practice

Insurance brokerage firm Marsh Inc. announced Tuesday that David Moylan will lead its new global surety practice. Moylan has been chairman of the surety practice of Marsh’s international division in Washington, D.C. for five years, and will now report to Jim Pierce, Marsh’s global industries chairman, according to a company press release. Marsh has more […]

By Canadian Underwriter | November 20, 2012

1 min read

More drivers report using Internet while driving: survey

An increasing number of drivers are reporting using the Internet while driving, a troubling trend suggested by findings from a recent State Farm survey of U.S. drivers. Nearly half (48%) of drivers between 18 and 29 reported accessing the Internet on a cell phone while driving, an increase from 29% in 2009, according to findings […]

By Canadian Underwriter | November 20, 2012

2 min read

Former AIA chief Mark Wilson to take helm of Aviva

Mark Wilson, a former CEO of Asian life insurance giant AIA Group Ltd. who has also held executive roles at AXA Group in east Asia, will become CEO of London-based Aviva PLC on Jan. 1. Wilson, who is from New Zealand originally, will join Aviva’s board of directors Dec. 1, the firm stated in a […]

By Canadian Underwriter | November 20, 2012

1 min read