Post - 2010-04-15

Comment - insurance law reform: Reform can't wait

Now plans to reform the legal framework for commercial insurance have been delayed, buyers are increasingly taking action to strengthen their rights in the event of a claim. John Hurrell argues the archaic law governing pre-contract disclosure is…

Benchmarking briefing

In today's competitive market, companies are looking for innovative ways to reduce claims costs, improve efficiencies, and provide superior customer service.

Fire claim insurer named

Zurich and Cunningham Lindsey are involved in the claim resulting from last week's blaze in Southampton in which two fire fighters died.

Bill plans dropped

The government has dropped controversial plans in the Financial Services Bill to allow class actions against financial institutions.

Aviva improves flood map

Aviva is set to unveil a new flood mapping model it claims will enable it to offer "more competitive prices" to household policyholders.

Jelf denies acquisition

Jelf has denied it will be acquired by Capital Z, despite the private equity firm increasing its stake in the broker to 27.8%.

Cooper Gay on the up

Cooper Gay has reported group revenue growth to £100.5m (2008: £77.9m), an increase of 29%. EBITDA grew 8% to £19.9m (2008: £18.4m).

Countrywide launch

Broker Network has launched a full membership proposition for Countrywide members, called Countrywide Complete.

New FD for UK General

Oliver Laird has been appointed finance director at UK General Insurance with immediate effect. Mr Laird, who joined the company in September 2009 as head of finance, will join the UK General Insurance board and report to chief operating officer Michael…

Start-up targets IT and media

Aquila Underwriting has launched an underwriting platform offering specialist liability, business interruption and crisis management policies for media content, intellectual property and IT security risks.

Towergate boss hails Glasgow consolidation

The managing director of Towergate's Scottish operation has hailed the consolidation of its five Glasgow businesses under one roof is a marker of its proper arrival in the city's insurance market.

Broken records

Kwik Fit Insurance, The Green Insurance Company and Express Insurance have all topped previously held sales records in March, with KFI selling more than 2000 new car and home insurance policyholders in a single day.

LBG hires HSBC duo

Lonmar Global Risks has revealed David Gray and Simon Henderson will be joining the company from HSBC Insurance Brokers to lead the accident and health division, within the non-marine business.

Fire safety a burning issue

Marsh is recommending that organisations based in England review their health and safety procedures following the introduction of the Fire Safety (Employees' Capabilities) (England) Regulations 2010, which came into force for England on 6 April.

CILA fends off conflict of interest criticism

The Chartered Institute of Loss Adjuster has defended its decision to strengthen its member guidance on conflicts of interest against accusations it may be acting outside its remit as a professional standards body.

Groupama ups bike game

Groupama Insurances has hired former Capita insurer relations manager Ian Pritchard as development underwriter within its motor team.

Rebuilding costs fall in Q1

The cost of rebuilding a house has fallen 1.5% in the first quarter of 2010 compared with the same period in 2009, according to figures produced by the Royal Institute of Chartered Surveyors’ Building Cost Information Service.

Make your presence felt

Enterprise UK project manager Emma Thorn talks to Post about the major new SME initiative she is spearheading.

ABI's vision shortsighted

I write in response to the recent article 'MIB chief's warning over extra Employers' Liability Tracing Office costs'.

CSR - microinsurance: Small wonder

Traditional insurance has typically focused on affluent markets, mainly in Western industrialised countries, but insurers willing to go off the beaten track could find microinsurance a rewarding addition to their business, writes Ana Paula Nacif.

Fraud - prosecutions: On theoffensive

Many criminals are attracted to the seemingly easy rewards of insurance fraud but Stratos Gatzouris explains the various methods and proven potential for punishment.

Ask the expert

Does it ever make sense to accept a counter offer?

BGL supports local charity

BGL Group has donated £6000 to homeless shelter Theresa's Day Centre in Peterborough, as part of its commitment to supporting the local community.

JLT
20 years ago: Cross-border motor fund extension

The European Parliament has proposed that national motor insurance guarantee funds should be extended to cover situations in which the person responsible for an accident is known to disclose their insurer.

Penny Black's insurance week

This weekend, Harris Balcombe will sponsor football club Southport's Blue Square North tussle against Hyde, which could see the division's leaders take another step towards a return to the Blue Square Premier.

Biba 2010: the London Market View

With this year¹s Biba conference being held in the capital, Post thought it appropriate to ask a number of companies traditionally more associated with the London market why they are exhibiting and what they hope to get out of the event. This week we…

Biba 2010: The Claims Perspective

The Biba conference is well known as a gathering place for UK insurers to court brokers. But what of those associated with claims? Post asked the bosses of a number of these firms what their hopes are for this year¹s event, continuing with Darren Coombes…