Articles by Amy Ellis
RBS to cut a further 3500 jobs
Royal Bank of Scotland is planning to cut 3 500 jobs from its technical and back office division in the UK, according to reports at the BBC.
FSA gives broker a lifetime ban
David Marriott has been given a lifetime ban by the FSA for failing to segregate and protect money from clients’ insurance premiums.
Nordic insurers to return to growth in 2010-2011 but volatility remains
The Nordic insurance market, covering Norway, Sweden, Finland and Denmark, should return to growth in 2010-2011, according to a report by Fitch Ratings.
Nordic insurers to return to growth in 2010-2011 but volatility remains
The Nordic insurance market, covering Norway, Sweden, Finland and Denmark, should return to growth in 2010-2011, according to a report by Fitch Ratings.
Moody's European insurers' H1 2010 results show stabilisation of capital and earnings but conditions remain challenging
Moody's report "European Insurers' H1 2010 Results: Capital and Earnings Stabilise, but Market Conditions Remain Challenging", assesses the impact of H1 2010 results and identifies the main future challenges for European insurers.
Moody's European insurers' H1 2010 results show stabilisation of capital and earnings but conditions remain challenging
Moody's report "European Insurers' H1 2010 Results: Capital and Earnings Stabilise, but Market Conditions Remain Challenging", assesses the impact of H1 2010 results and identifies the main future challenges for European insurers.
Aon appoints new area director and crisis management CCO
Aon Risk Solutions has appointed Craig Preston, currently chief commercial officer of Aon’s crisis management business, as area director responsible for Aon corporate’s Reading and Southampton offices.
Tree root damage claims cost over £37m
The public risk management association, Alarm, said that the issue of subsidence damage to property and the cost of related claims, where tree roots are seen as the main cause of the damage, is one that concerns many of its members, particularly those in…
DCML signs contract with Aviva
Automotive software solutions provider, DCML, has signed a new exclusive three-year deal with Aviva to provide day-rate insurance to its franchised dealer customers.
NCG changes name
London-based Lloyd’s insurance and reinsurance broker, NCG Professional Risks, has announced its change of name to Oxford Insurance Brokers Limited, with immediate effect.
Allianz appoints claims handling centre manager
Allianz has appointment Mark Carlyon-Smith as manager for the company’s Woking claims handling centre.
Fusion adds to underwriting team
Fusion has raided Marsh and Allianz for two new recruits to be based in Birmingham.
RSA signs seven figure deal with Patni
Patni has been appointed to deliver application management services to the Codan Group in Scandinavia.
RSA signs seven figure deal with Patni
Patni has been appointed to deliver application management services to the Codan Group in Scandinavia.
Claims against professional firms hit 11 year high
Syscap, an independent finance provider, said that high court cases launched against professional firms for negligence have hit an 11 year high forcing more firms to borrow to pay increased professional indemnity insurance rates.
Zurich UK fined £2.3m
The Financial Services Authority has fined the UK branch of Zurich £2 275 000 following the loss of a back-up data tape in South Africa containing information relating to a number of its general insurance customers.
Towergate launches new website
Towergate Underwriting has launched a new website which it says will be easier for brokers to use.
Travelers to take on Quinn PII
Travelers has struck an exclusive agreement with Quinn’s former broker, Prime Professions, to offer cover to sole practitioners who are no longer covered after Quinn’s departure from the market, the Law Society Gazette reports.
Willis ends pay freeze
Willis is set to reintroduce annual salary reviews following a two-year pay freeze that was implemented at the height of the credit crunch to cut back on costs.
Willis ends pay freeze
Willis is set to reintroduce annual salary reviews following a two-year pay freeze that was implemented at the height of the credit crunch to cut back on costs.
European insurers resilient to stress tests
Fitch Ratings has published a report today that its stress-testing of European insurers based on their euro-zone sovereign exposures has resulted in no rating actions.
European insurers resilient to stress tests
Fitch Ratings has published a report today that its stress-testing of European insurers based on their euro-zone sovereign exposures has resulted in no rating actions.
Rok records a pre-tax loss of £3m
Rok has announced its results for the six months ended 30 June 2010.
Quinn sale weeks behind schedule
The full information memorandum which was meant to be given to potential buyers by the end of July has not arrived, the Irish Independent reports.