Post - 2011-07-14

Lack of funds to spark Solvency II M&As

The cost of implementing Solvency II could lead to a spike in mergers and acquisitions, after a survey on how prepared the insurance industry is for the directive revealed only 31% of respondents claimed to have set aside sufficient funds.

RDT aiming to go global

Insurance technology specialist RDT is targeting global expansion after winning a contract to supply software to South Australian general insurer and motoring organisation Royal Automobile Association.

EIS French broker links sealed CBL aquisition

The multi-million dollar acquisition of London-based underwriting agency European Insurance Services was part of a strategic purchase by credit insurer CBL Group to gain access to a network of almost 500 French brokers.

Penny Black's insurance week

As if the big brokers don't have enough on their plate contending with regulators breathing down their necks, Aon and Willis now have to ward off Decepticons too.

Plantec signs up Taylor

Axa Commercial Lines' former head of strategic programmes has resurfaced at claims management specialist Plantec Holdings.

View from the Top: Masters of our destiny

Henry Ford once said: "Whether you think you can, or whether you think you can't, you're right." Insurers can learn from this simple nod to the power of the self-fulfilling prophecy.

Referral fees: End of the affair?

Despite recent calls for a ban on referral fees, the government must weigh up the wider considerations and consequences of its actions, explains Leigh Jackson.

Editor's comment: The force is with you

No sooner had the details of the dedicated insurance fraud police unit been revealed this week, than the first fearful voices started to emerge, concerned that this initial £9m bill will be just the tip of the iceberg.

Postbox: Bursting for improvement

I have read with interest recently articles in insurance trade publications regarding the continuing cost of winter claims to the sector. According to their authors, the burst pipe claims 'event' at the end of 2010 and into 2011 will have a far greater…

People moves – 14 July

A round-up of people moves and new appointments in the industry, as featured in the 14 July 2011 edition of Post.