Weekly-wrap – Aussie insurer to consult with UK staff over possible job losses

Weekly-wrap – Aussie insurer to consult with UK staff over possible job losses | Insurance Business

Weekly-wrap – Aussie insurer to consult with UK staff over possible job losses
QBE Europe jobs on the line
QBE will shortly be consulting with UK employees over possible job losses as it moves ahead with the global transformation programme for the Group.
The proposals might result in transferring some operations to other QBE operations in the UK and Philippines, a spokesman told Insurance Age. There are no formal proposals as yet, they added.
 
Insurers told to prepare North QSL for cyclone
Australia’s insurers are today monitoring the impact of storms and tide surges associated with the tropical low bearing down on North Queensland which is expected to make landfall as a category 1 cyclone, and are preparing teams to respond if severe damage occurs.
The Insurance Council of Australia (ICA) urges affected property owners and residents located in the path of the cyclone to prepare for possible damage, stay safe and follow the advice of Queensland’s emergency services.
ICA CEO Rob Whelan said the ICA had been involved in daily briefings with Emergency Management Queensland about the predicted impact of the tropical cyclone.
 
Law firm appoints special counsel
Insurance specialist David Howarth has joined Gadens Sydney office as special counsel. Howarth was formerly a partner of Moray & Agnew.
He has acted on behalf of several major Australian insurers, a variety of local and overseas underwriters, brokers and claims managers, and has extensive experience in the defence of public authorities including in particular in the area of local government.
He has particular specialist expertise in the areas of personal injury litigation (including complex medical issues), public authority litigation, and coronial inquests. 
 
Electrical industry tops list of highest claiming sector
The electrical industry was the highest claiming sector for credit insurance in Q4, according to a report by National Credit Insurance Brokers on the fourth quarter.
Credit managers advise credit sales increased in the last quarter of 2013; and with the Christmas season over, suppliers returning from the holiday period will now take action on outstanding debts.