Broker
Revised uplift judgment sparks impassioned responses from ABI and APIL
The Court of Appeal decision to revise its initial judgment relating to a 10% uplift in general damages has drawn contrasting responses from two of the key stakeholders from the hearing.
Simple economic capital models could avert financial crisis
The insurance industry needs more dynamic economic capital models if it is to avoid suffering some of the problems exposed during the financial crisis four years ago.
Lorega launches SME loss survival products
Lorega has launched two products allowing brokers to provide SMEs with fast access to loss adjusting expertise in the event of a potentially devastating loss.
RK Harrison unveils professional indemnity cover for art sector
R K Harrison Insurance Services has developed a professional indemnity insurance policy for art market professionals.
Autonet welcomes new motor dealer to affiliate network
Van insurance broker Autonet has unveiled a new affiliate partner collaboration in a deal that will see Perrys Group join the firm's networking scheme.
DLG shares attract surge in interest
Stockbrokers have reported a surge in interest in Direct Line Group shares ahead of its flotation tomorrow.
Quindell acquires software provider Metaskil
Outsourcing firm Quindell has this morning confirmed the acquisition of Metaskil, a specialist solutions provider to the insurance industry.
Yutree appoints former Bluefin underwriting director to MD role
Commercial broker Yutree has appointed former Bluefin underwriting director Kevin Hancock as its managing director.
Global power industry sees rising claims
The global power industry continues to see a steady rise in the number of large insured claims, putting pressure on the supply of global power at a time of rising demand and on the future of the industry itself, broker Marsh said a report published today.
Large power industry claims on upward annual curve, says Marsh
The number of claims above $25m (£15.6m) emanating from the global power industry continues to rise annually, according to a Marsh report published today.
W R Berkley hands AML additional underwriting capacity
Managing general agent AML Underwriting has secured additional underwriting capacity from W R Berkley Insurance Europe and now plans to boost its broker base.
AM Best delivers verdict on 'under pressure' Spanish non-life sector
Spanish insurers could face deteriorating technical results as they compete on price, despite the sector chalking up a profitable 2011.
RNLI selects Coleman as broker
Coleman Insurance Brokers has been reappointed as broker to the Royal National Lifeboat Institution following a successful tender.
Questgates MD underlines importance of professional qualifications
Questgates managing director Chris Hall, pictured, has highlighted the importance of his staff obtaining professional qualifications, after praising counter-fraud team member Brendan Gillooly for being granted 'Accredited Counter-fraud Specialist' status.
Hastings relaunches People's Choice
Hastings Direct has given motor insurance brand People's Choice a fresh look to make it more engaging for customers.
DLG to apply for alternative business structure
Direct Line Group is to make an application to have an alternative business structure later this year in a bid to boost customer choice.
Cooper Gay offers free RM and BC service to terrorism clients
Intermediary Cooper Gay & Co is offering a free crisis management and business continuity consultation to its terrorism and political risks policyholders.
Cooper Gay extends political risk offering
Cooper Gay is offering a crisis management and business continuity consultation to terrorism and political risks policyholders after joining forces with specialist consultancy Security Exchange.
Uninsured motorists in Scotland face having their cars crushed
Experts from the Motor Insurance Bureau are being drafted in to provide specialist training to Strathclyde Police officers ahead of a new campaign in which uninsured drivers face having their cars crushed.
Integration costs force AJ Gallagher into the red
Arthur J Gallagher UK has reported an unconsolidated loss before tax of £2.8m for the year end 31 December 2011, compared to a profit of £4m profit for the same period last year.
Standard & Poor's upgrades Groupama Insurances to BB
Ratings agency Standard & Poor's has upgraded Groupama Insurances to a financial strength of BB on credit watch with positive implications, and expects to boost the rating to BBB in Q4.
Acturis launches sales shuffle in growth bid
Software provider Acturis has moved to bolster the leadership of its sales team with the appointment of Jeff McCracken, pictured, as UK sales and marketing manager.
Chartis broker academy wins CII stamp of approval
Chartis' multinational broker training academy has been accredited by the Chartered Insurance Institute.
Miller opens Paris base
Miller Insurance Services has opened an office in Paris with a view to increasing its reinsurance presence in Europe.