Commercial
Motor Focus - Fraud Unit: Opening Pandora's box
On the face of it, the suggestion of a police force funded by the industry to help fight fraud seems reasonable. However, Robin Reames examines if going down this path is really the right way forward.
Brokers warned networks no panacea
Moves by brokers to mitigate the effect of economic uncertainty by joining networks is likely to increase over the next few years.
Towergate staff join Gallagher
Gallagher International is set to beef up its underwriting operation after attracting a team from Towergate.
Bloodstock - Market Update: Dark horse
With race lovers flocking to Royal Ascot this week, Jane Bernstein reports on a bloodstock insurance market still hampered by soft rates and self-insurance.
Leader: Imitating excellence
'If it looks too good to be true, it probably is' — arguably the most commonly quoted old adage ascribed to Independent Insurance since its collapse in June 2001 and subsequent imprisonment of three senior directors. But, when those once closest to the…
Ten years on, liquidator admits there was an Indy rescue plan
The joint provisional liquidator of Independent Insurance Dan Schwarzmann has said Pricewaterhouse Coopers is hopeful that a scheme of arrangement can be agreed by the end of the year, a decade after he was first appointed to the beleaguered insurance…
Independent Insurance - 10 years on: Burned so Bright
17 June marks the tenth anniversary of the demise of Independent Insurance, the underwriter that was once the envy of rivals, but which ultimately proved the maxim ‘too good to be true’. Jonathan Swift remembers the finals days of the firm with former…
Burned so Bright: Independent Insurance — a journalist's perspective
Ten years on from its demise, former Post editor David Worsfold remembers Independent's launch at an airfield and other personal recollections of dealing with the insurer during its heyday.
First 70 brokers join Zurich Elite 100 club
Zurich has established a club for its top 70 regional commercial brokers.
Ten years on, liquidator reflects on Indy failure - Insurance News Now - 16 June 2011
Post senior reporter Amy Ellis outlines this week's major general insurance stories including how ten years on from Independent Insurance going into liquidation, PwC's Dan Schwarzmann is hopeful a scheme of arrangement being agreed by the end of the year.
Markerstudy acquires repair firm
Markerstudy Group has completed the acquisition of Tonbridge Coachworks Vehicle Repair Group
Belfor rebrands residential business
Global restoration company Belfor plans to rebrand its residential business in the UK as 3R Restoration.
Ex-Guy Carp MD joins BMS board
Former Guy Carpenter managing director Philip Campbell has joined BMS as executive vice president of its US-based operations and a member of its US strategy board.
Belfor rebrands residential business
Global restoration company Belfor plans to rebrand its residential business in the UK as 3R Restoration.
Zurich disposes of UK subsidiary
Zurich has announced that one of its non-core subsidiaries in the UK, Zurich Specialties London, will transfer its run off insurance business to Swiss Re at book value.
New Aviva chair McFarlane claims it has "promising future"
Aviva has confirmed that John McFarlane will become a non-executive director on 1 September 2011.
Zurich disposes of UK subsidiary
Zurich has announced that one of its non-core subsidiaries in the UK, Zurich Specialties London, will transfer its run off insurance business to Swiss Re at book value.
Brokers call for harsher fraud deterrent
A large number of brokers believe there should be higher penalties for insurance fraud and a central database of fraudsters to help deter fraud, according to a new survey.
McLaren Stewart appointed to new director role at Giles
Giles Insurance Brokers has appointed John McLaren Stewart as UK sales director.
Biba presents petition on fees to MP
The British Insurance Brokers' Association has presented a petition of nearly 7000 member signatures to Jonathan Evans MP calling for the government to accelerate the Financial Services Authority’s review of the Financial Services Compensation Scheme…
Biba presents petition on fees to MP
The British Insurance Brokers' Association has presented a petition of nearly 7000 member signatures to Jonathan Evans MP calling for the government to accelerate the Financial Services Authority’s review of the Financial Services Compensation Scheme…
Exclusive professional indemnity and collective redress content now available on Post Europe
Post Europe’s weekly update is now live with an article on how the professional indemnity market in Europe is in line for growth and a View from the Top on why the European Commission needs to reconsider it push for a system of collective redress for…
Post Europe: View from the Top: No need for European consumer collective redress
The European Commission is continuing to push for a system of collective redress for consumers that would allow a type of class action litigation.
Post Europe: Professional indemnity – the growth market
Professional indemnity was worth almost €6bn across Europe in 2010 and with changes to Italian legislation and increasing negligence claims Alan Leach explains how this market is sure to expand.