Post - 2012-02-09
In a competitive market, validation is key to making data leaner and more reliable — but can it level the playing field for brokers, as well as insurers?
External data sources are an increasingly important resource for insurers and brokers, as aggregators gain market share
Local authority, church and legal expenses insurers have a role to play in sexual abuse litigation. However, government reform and a recent legal ruling may see this change.
Underwriters were the most active recruiters this week, with Ace leading the way with two major appointments. Meanwhile, Brit, Lloyd’s Channel Syndicate and Whittington Capital Management also added to their ranks. While the broking space was relatively…
Lloyd’s Market Association has named the winners of its second Lloyd’s Market Academy apprenticeship programme.
Insurers have been told to prepare for government apathy over mandatory sprinklers legislation and, at best, expect piecemeal change.
Claims Club members have expressed concerns that the Employers' Liability Insurance Bureau could be introduced if the Employers' Liability Trading Office is not an overriding success.
Charity and heritage insurer Ecclesiastical is to spend £300 000 fitting wireless church roof alarms in every diocese in England and Wales after a successful initial pilot.
Duke Street takes a majority stake in the Parabis Group, opening the way to achieve ABS status
The chatter around ‘Tesco Law’, alternative business structures and law firm consolidation appears to be getting louder each week as another eye-opening deal is unveiled to the media.
The Financial Services Authority's decision to create a 'twin peaks' operating model to mirror the upcoming regulator has been hailed as a "chance to get it right for the future".
The competition to get the upper hand in the use of sophisticated data to underwrite flood-prone properties has already started, as it seems increasingly unlikely the Statement of Principles will be renewed beyond June 2013.
This week wasn’t the happiest in the Black household.
Being an insatiable socialite, Penny Black is always eager to probe the personalities behind the professional veneer of her industry friends. What better way to squeeze in and share as many intimate revelations as possible than her very own ‘speed…
QBE is to move its Glasgow office to larger premises as it seeks to grow its Scottish workforce in 2012.
Former Merlin director Russell Crewe is to join claims management company LAS as an operations director after a period of gardening leave.
With a rise in cosmetic treatments, there is more scope for problems, as the recent PIP implants scandal has shown - whether it is clinical negligence or a product defect, insurers must be wary.
The need for a fund of last resort for employers’ liability claims still divides the insurance community. While plans to create an Employers’ Liability Insurance Bureau have stalled, it still has supporters who are determined to see these proposals come…
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