Articles by Amy Ellis
Insurance brokers under threat from huge increase in cost of regulation
The British Association of Insurance Brokers said that the recent invoices received by members from the Financial Services Authority for the 2010-11 fees and levies have highlighted the inequality of the current funding of the Financial Services…
RSA launches new multi-cover SBC product
RSA has launched a new multi-cover small business combined product, designed to meet the needs of small wholesale, manufacturing and warehousing businesses.
First Zurich apprentices qualify
The first people in Zurich to undergo a new industry-driven insurance apprenticeship have qualified at their Cardiff location.
Postscript – 30 years ago: Losses rise as large fires take hold
Looking through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 30 years ago reveals.
Consumers urged to check details of their motor policies
Research by Defaqto has shown that only 23% of motor insurance policies offer a courtesy car as standard if your car is written off or stolen.
Mondial appoints MD
Mondial Assistance UK has appointed Serge Corel as its managing director.
UKGI appoints schemes sales manager
Leeds-based UK General Insurance has appointed Ralph Hann national schemes sales manager for the group.
UK brokers need to tighten up client money procedures
This is according to insurance industry accountant and consultant Moore Stephens, who said that UK insurance brokers will have to be able to demonstrate that they have put in place properly embedded procedures to deal with handling client money, or else…
Allianz appoints global product leader
Allianz Global Corporate & Specialty has announced the appointment of Ferdinando Martino as global product leader for major risks. He will oversee AGCS’s business in airlines, large airports, manufacturing and special risks.
Quinn's business model was "deeply troubled"
A senior official at the Financial Regulator said its concerns about the insurer were not simply limited to intergroup loans and guarantees, the Irish Independent reports.
BUDGET 2010: Bluefin boss claims IPT hike will not delay hard market
Bluefin CEO Stuart Reid has admitted a more significant increase in insurance premium tax may have further delayed a hard market.
BUDGET 2010: IPT increase should not be ignored
Independent consultancy Fiscal Reps is urging the insurance industry to take note of the increase in the rate of insurance premium tax in today’s emergency Budget.
BUDGET 2010: IPT rise will cost the average household an extra £8 per year
Aviva said that while the increase in the lower rate of IPT is less than initially forecasted, a 1% rise is still disappointing.
Deregulation of health and safety legislation is going to be "challenging"
This is according to Garwyn, who has responded to Lord Young's announcement that he will be conducting a review of health and safety legislation to crack down on the compensation culture in the UK.
Ordnance survey mapping to detect fraud
OS Open Data, Ordnance Survey’s mapping and data portal, allows banks and insurance firms free access to key geographic datasets for the first time.
Cunningham Lindsey combats travel insurance fraud
Cunningham Lindsey has launched a system to combat travel insurance fraud and adding details of almost one million claims to its database.
Alpha Underwriting launched
Alpha Underwriting has been established to handle corporate travel and personal accident cover.
CII launches London market qualification
The Chartered Insurance Institution has outlined its new award in London Market Insurance.
Hoban outlines regulation plans
Mark Hoban, financial secretary to the Treasury, has addressed the House of Commons following George Osborne's Mansion House speach last night on the breaking up of the FSA.
Nexus acquires AVH
Nexus Vehicle Rental, has announced the acquisition of Adapted Vehicle Hire for an undisclosed sum.
UIB appoints group FD
Insurance broker UIB has appointed Keith Anderson to the UIB Holdings Group board as group finance director.
Biba calls for appropriate, proportionate and cost effective regulation
Eric Galbraith, British Insurance Brokers' Association chief executive, said the organisation is pleased its concerns over splitting the regulation for the sector have been taken on board, and that insurance intermediaries appear to be falling under the…
UIB appoints IT head to lead innovation
Insurance broker UIB has appointed Paul Chalk as divisional director for IT with immediate effect.
Personal injury disputes jump 32% in two years
The number of personal injury claims continues to surge despite reforms to regulate claims handling companies, according to statistics obtained by Sweet & Maxwell.