Commercial
CVC Capital Partners takes majority stake in loss adjuster Cunningham Lindsey
CVC Capital Partners has acquired a majority stake in global claims and loss adjusting firm Cunningham Lindsey.
Grant Thornton appointed as Gibraltar insurer Lemma goes into liquidation
Lemma Insurance Company has gone into liquidation, the Gibraltar Financial Services Commission has confirmed.
QBE hopes to further bolster '100%' capacity arrangement with RMP
QBE director Craig Bennett has reaffirmed his company's commitment to a capacity arrangement with AJ Gallagher International managing general agent RMP, despite suggestions that public sector pressures could lead to a pull-out.
OFT decision hit DLG float pricing, say analysts
The referral of the motor market to the Competition Commission has had a direct impact on Direct Line Group's pricing estimations as the company continues plans to float up to 33% of total share capital.
DLG expects £2.7bn value on flotation
Direct Line Group has announced a price range for its planned initial public offering of 160p to 195p per share.
Fraudsters brought to book after investigations by Hill Dickinson unit
Fraud unit bosses at Hill Dickinson have revealed that of the 298 suspected organised motor fraud ring claims they have investigated this year 167 have been rejected as proven fraud.
Zurich hands commercial claims role to MYI
Loss adjuster MYI has landed a share of Zurich's commercial claims work, a contract that was previously handled solely by rival Cunningham Lindsey.
Analysts reiterate 'buy' recommendation after 'excellent' H1 for Gable
Gable Holdings has this morning reported a 26% increase in gross written premium of £15.4m in the first half of 2012, in a set of results that also show a 55% rise in pre-tax profit to £3.2m.
ABI backs Competition Commission credit hire investigation
The Association of British Insurers has thrown its support behind the Office of Fair Trading's decision to refer the motor market to the Competition Commission.
Claims Club monthly missive: Holy motors it's David Mairs
It has certainly been an interesting week at Post Towers, with the industry's finest rowing over customer services and an stimulating encounter with AMG founder David Mairs.
Competition investigation outcome could 'mean policyholders lose out', says CHO boss
The Credit Hire Organisation has said that the Competition Commission investigation into the UK motor insurance market could seriously disadvantage policyholders' access to justice and force premiums to rise.
Lemma Insurance to be appointed with liquidator tomorrow
Gibraltar-based Lemma Insurance Company is expected to be appointed with a provisional liquidator tomorrow to wind up the business.
Direct Line Group IPO prospectus could be issued by Friday
Royal Bank of Scotland could sell shares in Direct Line Group at a valuation that is lower than analysts had predicted.
Insurers manage trillions of pounds in investments, ABI finds
UK insurers are now paying out nearly £200m every single day to customers, according to figures published by the Association of British Insurers.
Post Top 100 UK Insurers Supplement: AM Best commentary - Flooding the market
A deluge of weather-related claims, coupled with low investment returns, continue to dampen non-life insurer performance albeit one buoyed by premium increases.
Ageas confirms Winlow NED appointments
Ageas UK has confirmed that former KPMG partner Mark Winlow, pictured, has been appointed non-executive director on two of its boards.
Post Top 100 UK Insurers Supplement: Interview with Amanda Blanc
Amanda Blanc saw her move to Axa as a chance to test herself, and it is a mission she continues to revel in.
SMEs: A web of complexity
UK companies are quick to take advantage of technological advances to create new business opportunities, and the industry must get up to speed with the many and varied risks this brings.
SMEs: Home advantage
The Olympic experience showed that flexible working is a viable option for many, but companies need to weigh up the risks as well as the benefits.
View from the top: Opportunity continues to knock
Towergate is celebrating its 15th anniversary this month, leading Mark Hodges to think about how much the industry has changed in the firm's corporate lifetime.
Biba boss urges Financial Conduct Authority to regulate 'appropriately'
British Insurance Brokers' Association chief executive Eric Galbraith, pictured, has called for "more appropriate" regulation, and offered to "help point the gun" at problem areas to support the FCA's efforts to stamp out product mis-selling.
AJG deepens public sector play with Acumus buy
AJ Gallagher International has grown its UK public sector business to more than £150m gross written premium with the acquisition of Chelmsford-based housing specialist Acumus.
Insurance Strategy 2012: Brand is key to customer connection
The management of a core brand and ideology is a vital part of maintaining ties with customers, according to Chubb UK & Ireland commercial insurance manager Andy Francis.
Stackhouse to buy commercial broker
Insurance broker Stackhouse Poland has reached an agreement to acquire the business of LFC Insurance Brokers.