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Historical hurricane costs upwards of $10bn in 2012, claim cat experts
Experts have stated that 28 out of almost 180 hurricanes that have occurred in the United States since 1990 would have caused $10bn (£6.3bn) or more in insured losses had they happened today.
UK General boosts commercial team with ex-Towergate hire
UK General has hired a former Towergate director Andrew Tailby as head of business development in the commercial division.
Zurich wins golf scheme
Zurich Insurance has won a long-term contract to underwrite a Glasgow-based golf scheme covering 600 UK golf clubs.
Groupama to underwrite 10 000 free home insurance policies
Groupama is underwriting 10 000 home insurance policies for residents of a south east England housing association.
BGL employee engagement smashes targets
BGL Group’s most recent staff survey is said to have exceeded the target set for employee engagement, with 88% stating they felt part of a team.
Flagstone Re finalises £32m sale of Lloyd's business
Flagstone Reinsurance has completed the sale of its Lloyd’s segment to a wholly-owned subsidiary of ANV Holdings BV for approximately £31.7m ($49.7m) in cash.
Rias: Travel cover a must for families
Rias has reminded grandparents to take out adequate insurance when travelling abroad with their grandchildren.
Insurance insolvency rates fall by 86%
Just five insurance firms were insolvent in July this year compared to 452 in business services, according to new research.
Chaucer appoints new cargo class underwriter
Specialist Lloyd’s insurer Chaucer has appointed Geoff Wilkinson, pictured, to cargo class underwriter in the marine division of Chaucer Syndicate 1084.
Open GI boosts protection against credit card fraud
IT solutions provider Open GI has enhanced its card payment solution, CreditLine Plus, to incorporate additional fraud prevention measures to validate card details and verify the cardholder’s billing address.
Schemes deal sealed between Arc Legal and new OIM Underwriting division
Arc Legal has reached an agreement on two legal expenses schemes with the new division of OIM Underwriting ‘e-Underwriting’ to provide cover as part of its household and property owners portfolios.
Aon Benfield and Ambiental join forces on flood mapping
Aon Benfield has teamed up with Ambiental to enhance the firm’s flood model development capabilities.
Travelers snaps up Chartis boss for legal role
Travelers has appointed John Abramson to head of legal and compliance for its European businesses.
Sutton Winson recruits ex-Towergate account director
Insurance broker Sutton Winson has appointed Steve Barber, pictured, to commercial client account executive, based in Burgess Hill.
Niche broker Campton to tap into Auto Trader site via Wanna Insure deal
Campton Insurance Brokers expects to have access to around 10 000 motorhome quotes per month following a deal with software firm Wanna Insure, which enables integration with Auto Trader’s price comparison website.
Welsh police crackdown on metal theft
Police in Gwent have arrested 862 people in connection with metal theft offences in the past 16 months- as the ongoing countrywide effort to crack down on the crime gathers pace.
Regional broker buys could boost Oval headcount by 200
Oval's plan to acquire insurance brokers in the next two years could add up to 200 more people to its 24-strong regional office network.
Amlin adds experienced non-executive director to its ranks
Amlin has appointed Shonaid Jemmett-Page, former chief operating officer of the UK government's CDC development finance institution, as a non-executive director.
Argent hands ex-Willis manager Scott business development role
Argent, a division of the Parabis Group, has recruited former global vacant property specialists VPS boss Chris Scott to the role of business development director.
Dispute resolution: Mediation consideration
When should be mediation be used, and how can it settle disputes? Maurice Nichols explains.
Oval GWP jumps to £391m after 'substantial growth and contract wins'
Oval Insurance Brokers has posted a gross profit of £90m for the year ended 31 May 2012, a £4.7m increase on last year.
CCV chief operating officer Barr steps down
Graham Barr, pictured, has left his job as chief operating officer of Cullum Capital Ventures after less than a year.
Zurich boss hails 'strong' H1 results despite £19m flood loss
Zurich UK has admitted to losses of £19m as a result of the floods in the UK and Ireland during the first half of the year.
Insurance Stategy 2012: Chartis UK MD Aubert to offer insights into volatile market
Chartis UK managing director Nicolas Aubert will join the Insurance Strategy line-up next month to take part in a panel discussion.