Commercial
Merlin clients and staff seek new homes after facilities firm quits takeover talks
After almost two decades in the insurance industry, loss adjuster Merlin Claims went into administration last week, arguably the victim of a private equity deal that saddled it with too much debt and a dwindling client list.
Opinion: What now for credit hire?
Credit hire will continue to exist, but in the context of tighter controls and a stronger customer focus, says Eddie Longworth.
Eurozone crisis: Continental thrift
Trouble in the Eurozone is causing headaches for governments across the continent, but what impact will it have on the insurance industry? And how can companies prepare?
Post magazine - 9/16 August 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Henderson smells success after winning cheese maker deal
Henderson Insurance Brokers Teesside has won a contract handling cheese maker Wensleydale Creamery's insurance needs.
Merlin director Russell Crewe joins Direct Group
Former Merlin director Russell Crewe has joined Yorkshire-based insurance solutions provider Direct Group seven months after LAS Claims stated he would be joining its team in 2013.
Thai officials confident of securing reinsurance for £1bn flood fund to meet demand
The Thai Office of the Insurance Commission is to seek extra reinsurance from international players to meet demand for the state-owned natural catastrophe fund.
Oxygen Holdings goes into liquidation
Oxygen Holdings has gone into liquidation 10 months after selling much of its business.
Markel UK recruits broker manager from Chartis
Markel International has appointed Julia Churchill as broker development manager for the southern region.
Chinese financial institutions need to improve risk management
Competition in the industry and a more complex financial environment now outweigh regulatory factors as key considerations for risk management at large financial institutions in China, according to a survey.
Lorica makes senior hires as recruitment drive continues apace
Lorica has unveiled a string of appointments this afternoon, including a branch director for its newly opened Leeds operation.
QBE Europe teams up with Autoglass
QBE Europe has signed a deal with Autoglass for its core glass services.
QBE teams up with Autoglass for repair and replacement
QBE Europe has appointed Autoglass as preferred supplier for its core glass services.
RK Harrison recruits cyber specialist from Marsh
RK Harrison has appointed David Rees as head of cyber practice in its specialist casualty team.
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.
Chaucer appoints Barter as head of catastrophe risk
Lloyd's insurance group Chaucer has appointed Nick Barter as head of catastrophe risk.
Axa extends commercial property contract with GAB Robins
Axa has today confirmed the renewal of its commercial property loss adjusting contract with GAB Robins, which will continue to manage all claims up to a value of £250 000.
Wholesale expansion underway at Lucas Fettes
Lucas Fettes is aiming to bolster its wholesale division following the acquisition of south coast underwriting agency Cougar Underwriting.
More of the same in H2, says FXB, as Groupama targets strategic shift
Groupama chief executive François-Xavier Boisseau has dismissed suggestions that the divestment of the firm's UK broking arm is likely to significantly dent the future financial performance of the business.
Groupama achieves profitable H1 as tangible divestment begins
Groupama has recorded a 20% rise in profits before tax in H1 2011 to £22.2m.
Air Worldwide develops catastrophe model offering
Air Worldwide has expanded its offerings for commercial insurers with the ability to determine losses from natural catastrophes to buildings under construction.
Salient Solutions founder joins Capita's insurance arm as non-executive director
Capita has appointed Clare Ryder as non-executive director of the partnerships arm in the firm's insurance services business.
Two-year solicitors' PI cover designed to ease ARP fears
Indemnity Risk Solutions is offering solicitors professional indemnity insurance policies that last two indemnity periods, as opposed to the one-year policies or two-year deals with numerous caveats available elsewhere in the market.
South Wales expansion sees Brightside create 48 tech jobs
Brightside has been given the green light to create a software development operation in South Wales, having been granted a business finance package of almost £500 000 by the Welsh government.