Lloyd's broker announces cheaper premiums in Irish push

Howden Architects' Insurance Services, a division of Lloyd’s broker Howden UK, has formally launched in Ireland, promising to bring cheaper premiums to Ireland's 450 architects.

Howden currently advises 3 of the top 10 Irish architect firms, and aims to service 70% of the market by 2007.

Kevin Culliney, executive director of HAIS comments: "Thanks to our independence we can

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Insurers face margin crush unless premiums are hiked

Data analysis: A sustainable margin recovery looks increasingly challenging for insurers with premiums needing to increase in real terms to prevent any erosion after a tripling of costs to 10.9% of premiums last year from 3.5% in 2022.

Stephen Wallace, McLarens

Steven Wallace is managing director of EMEA for global claims services provider McLarens and is the current president of the Chartered Institute of Loss Adjusters.