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Chris Wheal

Award-winning freelance journalist, editor, trainer and consultant. Lead blogger on AOL's Daily Finance, Former editor of Insurance Times.

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Articles by Chris Wheal

MMA launches motor trade combined cover

MMA Insurance is bucking the trend of insurer cutting capacity and shrinking their motor trade books by expanding its range with the introduction of a motor trade combined product.

Irish Wrightway puts renewals on EDI

Irish underwriting agency Wrightway is converting all of its manual motor policies to full cycle EDI on Open GI removing the need for paper transactions on renewals.

Confidence hit by claims and uncertainties

The latest ICAEW/Grant Thornton UK Business Confidence Monitor shows that a year of catastrophic losses, on-going soft pricing and regulatory uncertainty has hit insurance industry confidence hard.

Bournemouth's streets cracked by floods

More than 60mm of rain fell in Bournemouth between 6am and midday on Thursday last week, and the average rainfall for the whole of August is less than 54mm, according to GAB Robins.

Ireland's Wrightway puts renewals on EDI

Ireland’s largest underwriting agency Wrightway is converting all of its manual motor policies to full cycle EDI on Open GI, removing the need for paper transactions on renewals.

Amlin posts £192.3m loss

Lloyd’s insurer Amlin blamed catastrophe claims of £314.3m (H1 20010 £127.1m) that added 34 percentage points to its combined ratio for a pre-tax loss of £192.3m (H1 2010: profit of £107.6m).

Weston broker Marsh & Company to go wholesale

Weston-super-Mare broker Marsh & Company is to recruit two extra staff a year after taking over the commercial insurance operation of Regency Insurance Brokers. It is to develop a wholesale broking division.

Financial services firms expect to grow

Financial services companies with annual revenues of up to £20m expect to increase their turnover by an average of 108% in the next five years, according to Santander Corporate Banking.

Chubb poaches from Hiscox for HNW

Chubb Insurance has poached Kate Gower as senior underwriter from Hiscox’s art and private clients division where she was senior development underwriter.

Auction insurance offered as hammer comes down

Commercial property insurance broker Cadogan Keelan Westall is to attend Network Auctions’ National Auction Room in Hatfield so it can put items bought under the hammer on cover as soon as they have been purchased.

Airmic launches riots claims resource

Commercial insurance buyers group Airmic has compiled a list of expert resources for firms making riot-damage claims and says it will update with new advice as it arrives.

Solicitor insurers exploited ARP loophole

Insurers have used a loophole to under report premiums from solicitors’ professional indemnity insurance to cut payments to the Assigned Risk Pool, the Solicitors Regulation Authority has said.

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