Commercial
Tens of thousands face being priced out of flood cover
ABI admits its Flood Re model is dead in the water
Three-year court battle results in double-edged compensation precedent
Expansion of potential defendants could spark abuse claim increase
Fine art: State of the art
The sky-high value of fine art necessitates appropriate cover but, as well as the obvious threat of theft, what else must be considered when insuring artwork?
Market Moves: Liberty makes three additions
Liberty was the most active recruiter this week, with Liberty International Underwriters appointing two senior underwriters to its aviation team and Liberty Syndicates adding a class underwriter to its war and terrorism unit.
Square Mile obtains CII broking status
Commercial insurance brokers Square Mile has been awarded Chartered Insurance Institute status, having met the criteria relating to professionalism and capability.
Post Magazine - 29 November 2012
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
JLT calls on government to back Flood Re
JLT is urging businesses to lobby MPs in a bid to impress on the government the urgent need to agree a flood insurance solution to replace the Statement of Principles when it expires next year.
Torrential rainfall to create £14m used car market claims
AA Insurance has warned that the used car market could be swamped with flood-damaged cars following the extreme weather of recent weeks.
Xchanging names Guttridge as executive director
Technology services provider Xchanging has appointed Adrian Guttridge as insurance services executive director.
Clyde & Co partner joins Chubb
Chubb Insurance Company of Europe has appointed Lisa Payne-Lawrey, pictured, as European casualty claims manager.
Frontline outlines plans to boost Budget Insurance business
BGL Group-business unit Frontline has unveiled plans to double the size of insurance brand Budget in the next five years.
Auto Restore acquires competitor
Auto Restore has acquired Midlands-based ADR Accident Repair Centre Group including its 11 bodyshops.
RSA sends emergency response vehicle to flooded Welsh city
RSA yesterday sent an emergency response vehicle to St Asaph in Wales to offer advice and support to residents after the River Elwy burst its banks.
Web seminar: The future of property underwriting
With the current flood risk agreement between the insurance industry and the government due to expire next year, the future of property underwriting could look very different.
Ex-Barbon duo launches property broker
A new property insurance broker has been launched in London’s West End by the co-founder of Keelan Westall and former head of business at Barbon-owned Cadogan Keelan Westall, Brett Sainty.
GAB and Crawford deal with increased claims volumes from weekend floods
GAB Robins saw claims volumes increase by 50% today and expects that figure to grow as rainfall spreads from the south west to Wales and the north of England.
ABI urges MPs to pressure government on flood talks
The Association of British Insurers has written to members of parliament urging them to call on the government to rethink its decision to refuse to provide a temporary overdraft for a flood insurance fund.
Barbon promotes Tye to underwriting director
Property insurance and lettings insurance specialist Barbon has appointed Paul Tye, pictured, as its new underwriting director.
Towergate snaps up Northern Irish broker
Towergate Insurance has secured its first foothold in Northern Ireland after acquiring Belfast-headquartered broker Dawson Whyte.
Aviva rallies to help flood-hit policyholders
Aviva has been providing alternative accommodation and interim emergency payments for policyholders in the weather-beaten Midlands, southwest and the west of England.
Broking network Ten Insurance signs up two new members
Independent commercial brokers network Ten Insurance has signed up two new members in the form of Professional Indemnity and Pure Risks.
Aviva policyholder action group slams 'ancient regime' as Moss’ NEDs stay on board
The Norwich Union Policyholder’s Action Group has criticised Aviva for retaining the four non-executive directors who sat on the board during former chief executive Andrew Moss’ tenure.
GAB Robins receives claims from Wales after overnight flooding
GAB Robins has received several weather-related claims from north wales and south west England as the stormy weather continues to batter the country.
Five suspected insurance fraudsters arrested in Sunderland
Northumbria Police have arrested five suspected insurance fraudsters after a search at an accident management company in Sunderland.