Articles by Amy Ellis
Chubb appoints two new managers to its London operation
Chubb Insurance has appointed two new managers to its London office. Andy Francis has been named as head of the commercial insurance division and Ralf Rebetge head of Chubb’s specialty insurance division.
Garwyn recruits new fraud policy head
Garwyn has appointed Tracy Kenny in the newly created role of policies and procedures officer. Reporting to Ian Chapman, finance director, Ms Kenny will be based at Garwyn’s claims management unit in Birmingham.
Budget 2010: Broker IPT burden significantly reduced
Broker trade bodies the British Insurance Brokers’ Association and the Institute of Insurance Brokers have both expressed their satisfaction following the publication in today’s Budget of the final legislation extending the scope of insurance premium tax.
CEA concerned about impact of partially renewed insurance BER
The CEA, the European insurance and reinsurance federation, is concerned that the only partial renewal of the Insurance Block Exemption Regulation, as adopted today by the EU College of Commissioners, will reduce cooperation between insurers, to the…
CEA concerned about impact of partially renewed insurance BER
The CEA, the European insurance and reinsurance federation, is concerned that the only partial renewal of the Insurance Block Exemption Regulation, as adopted today by the EU College of Commissioners, will reduce cooperation between insurers, to the…
Equality Bill passed by House of Lords
Harriet Harman, Minister for women and equality, today welcomed the completion of the Equality Bill’s third reading in the House of Lords.
Insurers await UK Budget Report
Insurers are waiting to see the impact of tomorrow’s Budget on insurance premium tax.
Start-up broker NMJ partners with Open GI
The new branch-based broking network established by former Equity Insurance Group Directors has signed up to the Open GI platform for a minimum of four years.
One Answer Network teams up with Selfnet
One Answer Network has teamed up with Selfnet to offer its members a Selfsure product designed to simplify the insurance buying process for both brokers and customers.
Auto Windscreens appoints chief financial officer
Auto Windscreens has appointed Kieron Singleton to the new role of chief financial officer.
Energy losses from Chile quake will not exceed $350m - Marsh
Marsh has estimated that energy insurance losses from the Chilean earthquake will not exceed $350m, following a review of expected claims by its energy claims specialists.
Canopius delivers profit of £55m for 2009
Canopius Group, the privately-owned Lloyd’s insurance underwriting business, has reported profit before tax of £55m up from £43m in 2008 and profit before tax excluding foreign exchange on non-monetary items of £74m.
Insurance fraud losses could reach £2.5bn
General insurance fraud losses could reach £2.5bn during 2010, according to the latest insight report from Experian.
PPI industry faces reimbursement cost of up to £3bn
The Financial Services Authority consultation document on PPI mis-selling has extremely costly and serious ramifications for the industry according to financial research company Defaqto.
New Novae Re offices open in Zurich
Novae Group has opened its new offices in Zurich, as it hopes to capitalise on what they say is the increasingly important European reinsurance marketplace.
New Novae Re offices open in Zurich
Novae Group has opened its new offices in Zurich, as it hopes to capitalise on what they say is the increasingly important European reinsurance marketplace.
Folding plug wins Brit design award
British student, Min-Kyu Choi from London, has won the Brit insurance design of the year 2010, for his reinterpretation of the plug, beating over 90 international nominees in the process.
Commercial insurance prices remain flat for fourth consecutive quarter
A competitive market landscape has perpetuated flat commercial insurance prices during the fourth quarter of 2009, according to global professional services company Towers Watson.
Transactor new provider for Cornish Mutual
Transactor Global Solutions is the new provider for south west based insurer, Cornish Mutual, with a complete system replacement scheduled to go live in September 2010.
Extending the definition of "too big to fail" could have severe consequences
The definition, which is currently being discussed in the US senate, could have severe consequences for the insurance industry according to Scott Harringdon, professor at the Wharton School.
Insurers and reinsurers need to be aware of the third party liability climate change lawsuits
Kyle Danish, partner at law firm Van Ness Feldman, told delegates at the World Insurance Forum in Bermuda today, that they need to be aware of lawsuits currently in the early stages of litigation in the US.
Countries assess CCRIF coverage
In light of the recent earthquakes in Haiti and Chile, many countries are re-examining their preparedness for natural catastrophes, including their levels of coverage under CCRIF.
IAM extends motor offer to 19 year olds
The Institute of Advanced Motorists surety insurance offered to its members via Adelaide Insurance, is to be made available to IAM advanced drivers aged 19 or over driving a low-grouped car.
LIU Europe expands into Birmingham
Liberty International Underwriters Europe has expanded its regional operation into Birmingham with the appointment of Dave Canning as regional senior underwriter.