Post - 2011-04-21
Articles in this issue
Post history - five years ago: Tegenero trial causes drug rethink
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this article from five years ago reveals.
MoJ and mobile operators join forces to eliminate text pests
The Ministry of Justice is to set up a dedicated working group with the UK's major mobile phone operators to tackle the problem of unsolicited text messaging from claims management firms.
Post history - 50 years ago: NZ insurer gives account break down
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this article from 50 years ago reveals.
Aon wins McLaren contract from Willis
Aon has won the tender to provide insurance coverage for the McLaren Formula One team, McLaren Automotive, and individual policies for its drivers.
Roundtable - Cloud computing: head in the clouds
The term 'cloud computing' is very much in vogue. Post gathered together technology and insurance industry experts to debate whether the industry is ready to seize the opportunities it can offer. Amy Ellis reports.
Giles £100m corporate target bolstered by wins
Giles Insurance Brokers' efforts to grow its corporate book of business to £100m within 12 to 18 months has been boosted with a series of business wins.
Homelet 30% ahead of target to smash 2010 £10m profit
Barbon Insurance Group's current most profitable business Homelet is aiming to "smash" its 2010 profit by December.
Regional job rise expected
Specialist recruitment firm Search Insurance has opened an office in Leicester.
HNW - rates: costs under control
The customer is currently winning in the mid and high net worth sectors, with rates only climbing slowly. David Sweeney looks at what the industry must do to price for profit and continue to provide great service.
Aldermanbury Declaration - one year on: delivering the declaration
The Aldermanbury Declaration was launched a year ago to great fanfare. Joel Turland takes a look at its success in driving professional standards.
Post history - 30 years ago: Insurers face £10m bill for Salem loss
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this article from 30 years ago reveals.
Broker Assistance creates non-fault matrix
Broker Assistance is creating a non-fault claims database that aims to allow up to 100% third-party capture.
Directors jailed for £1m insurance fraud
Two directors at the centre of a £1m insurance fraud have been jailed for a combined sentence of 10 years at Southwark Crown Court.
Post history - 20 years ago: support for APPG grows in parliament
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this article from 20 years ago reveals.
View from the top: Jackson is only the start
Royal Bank of Scotland Insurance stands squarely behind Lord Justice Jackson's recommendations in his Review of Civil Litigation Costs.
IBM: reputational risk must be managed
IBM has urged insurance companies to keep tabs on social media output to ensure they are managing the "online perception" of their businesses.
Penny Black's insurance week
Watch out Simon Cowell and congratulations to Hastings boss and music mogul in the making Neil Utley, whose new record label has netted singer Charlie Simpson as its first signing.
Regional review - Cardiff: a sleeping dragon?
Despite being the largest city in Wales, the Cardiff insurance sector faces daunting challenges in the future. Daniel Dunkley finds out how it plans to face them.
Allianz rules out Part VII transfer
Allianz has ruled out following Aviva and Royal Bank of Scotland Insurance in applying to the High Court for a Part VII transfer under the Financial Services and Markets Act.
Solicitors' PI heading for crisis in capacity
The solicitors' professional indemnity market could face a capacity crisis following controversial plans to retain the assigned risks pool until 2013, the insurance industry has warned.
30 staff to be cut as part of Quinn buyout
Thirty additional staff are set to lose their jobs at Quinn Insurance after a joint venture between Liberty Mutual and Anglo Irish Bank was confirmed as the preferred buyer for the business.
Year-long minimum wait for asbestos claimants
More than 1000 Scottish pleural plaques claimants will have to wait until at least mid-2012 before any decision is made on whether they can be compensated for their condition.
Rehab start-up abandoned as Merfield enlists at Spring
The founder and former clinical director of rehabilitation provider HCML, Helen Merfield, has abandoned her start-up project Nexus Rehabilitation just two months after its launch marked her return to the rehabilitation sector.
EL insurers celebrate appeal victory
Employers' liability insurers have avoided claims worth "hundreds of millions" of pounds following a successful appeal in Baker v Quantum, law firm Weightmans has claimed.
HNW - water damage: who reigns when it pours?
High net worth homeowners need to be aware of the optimal conditions and prevention measures that can be taken to keep art collections, antiques, contents and buildings in the best condition possible. As April showers loom, Annabel Fell-Clark advises on…
New Towergate chairman circumspect on IPO plans
Towergate listing on the London Stock Exchange is "no pre-conceived certainty", according to new non-executive chairman Alastair Lyons.
CIE scheme campaign set for May launch
The Continuous Insurance Enforcement scheme is set to be jointly launched by the Association of British Insurers and Motor Insurers' Bureau next month.
Confusion over Solvency II as FSA revises model plans
Solvency II experts have voiced concerns over the uncertainty surrounding the incoming European Union legislation, after the Financial Services Authority revealed revised plans for its handling of internal model applications.
Claims - prize indemnity: who dares wins
In a sector where rates have held up well, due in part to limited appetite to write such business, Amanda Lewis discusses the art and science of prize indemnity cover.
NHS reforms: healthy, wealthy or wise?
As UK nurses issue an overwhelming vote of no confidence in the Health Secretary's management of NHS reforms, Richard Sear considers the implications of the government's plans for the NHS, private health providers, insurers and patients.
Editor's comment: an unfamiliar feeling
As they head off for a well-earned break over the Easter weekend, UK motor insurers may well be struck by an unfamiliar feeling. Contentment.
Technology is not complicated or risky
Following Ian Gosden's comments on the SME insurance market, here at Simply Business we felt compelled to respond to his claims regarding the risks of selling direct to this large group of UK businesses.
North of the Border: Damages (Scotland) Bill
The Damages (Scotland) Bill passed the final stage of the Scottish parliamentary process on 3 March 2011. The Bill received Royal Assent on 7 April, after which it will become an Act during the course of the new parliament following elections next month.
Brightside looks to diversify as talks held with Arch
Brightside is in talks to add Arch Capital to its panel of commercial insurers, as the broker aims to move into a series of new risks in its commercial portfolio.
Imperial invests in staff training centre
Building claims validation specialist Imperial Consultants is spending £1m on a new staff training centre.
News analysis - deafness: bringing back balance
For the second time in as many months the Supreme Court has been asked to adjudicate in disease claims, this time on industrial deafness. Daren Charlton considers the implications that arise from Baker v Quantum Clothing.
Post magazine – 21 April 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
TfL confirms insurance panel
Transport for London has selected 27 insurance companies that will provide its cover in an agreement worth a combined £24m.