Commercial
Aon broker threw laptop into pond to cover tracks
A senior Aon broker who admits dumping a laptop in a pond to cover up his involvement in a major tender that allegedly breached the terms of his gardening leave has been told he could face imprisonment.
ABI: liability classes lead rise in fraud detection
Figures from the Association of British Insurers published this week are expected to reveal the amount of insurance fraud detected and prevented last year by its members rose again, reaching a total of 122 000 cases — up from 107 00 in 2008 — with a…
Adjuster appoints new Greek head
Charles Taylor adjusting has appointed James Greene as director of its average adjusting business, Richards Hogg Lindley (Hellas), in Piraeus, Greece.
Aon broker who threw laptop into pond to cover tracks could face jail
A senior Aon broker who admits dumping a laptop in a pond to cover up his involvement in a major tender which potentially breached the terms of his gardening leave has been told he could face imprisonment.
Adjuster appoints new Greek head
Charles Taylor adjusting has appointed James Greene as director of its average adjusting business, Richards Hogg Lindley (Hellas), in Piraeus, Greece.
Apollo-Brit deal given 50:50 chance as PE house tipped not to raise bid
Private equity house Apollo is not expected to up its offer for Brit, meaning the chances of the deal being successful are 50:50, according to Jefferies International.
Lloyd's faces 12 month Chinese deadline admits CIO
Lloyd’s has been set a testing 12 month deadline by the Chinese authorities to establish its underwriting platform.
Willis publishes contingent commissions paper
Insurance broker Willis has stepped up its campaign against contingent commissions issuing a white paper highlighting the conflicts of interest created by the payments.
Bollington lands FSG affinity contract
Commercial broker Bollington has entered an affinity partnership with fleet management specialist Fleet Support Group.
New Indian insurer receives licence
Indian engineering giant Larsen & Toubro’s new general insurance company is due to start operations after receiving a licence from the regulatory authority for commencing its business operations.
Equity wins Mazda deal
Equity Direct Broking has landed a three-year deal with Mazda UK to run its car insurance scheme.
QBE appoints Scotland boss
QBE has appointed Maureen Robertson as commercial manager, leading its business in Scotland.
ABI DG Kelly jumped before she was pushed claims board member
The Association of British Insurers would have been forced to sack its former director general Kerrie Kelly if she had not resigned.
BLG poised for Halliwells' insurance team swoop
Barlow Lyde & Gilbert's partners have backed the proposed deal to acquire Halliwells' insurance team, according to Post's sister title Legal Week.
Lloyd's insurer opens Argentina office
Chaucer has opened a new office in Buenos Aires, Argentina, to access facultative property and related risks in Latin America on behalf of Chaucer Syndicate 1084.
Insurance industry urged to take up the professionalism challenge
The insurance industry was challenged to embrace professionalism, and in particular to embrace the Aldermanbury Declaration at the British Insurance Awards 2010 last week.
Total issues Buncefield apology following £3.6m fine
Oil company Total has issued an apology for its part in the Buncefiled explosion after it was fined £3.6m plus costs in a Health and Safety Executive and Environment Agency prosecution.
Miller launches broker white paper
Miller Insurance Services has launched a white paper aimed at generating discussion on ways to gain more value from insurance brokers.
Professional indemnity requirements for doctors 'do not go far enough'
The recommendation for mandatory indemnity for healthcare professionals is not before time but has not gone far enough, according to the Medical Defence Union.
North-west broker expands business
Insurance Broker LJM Partnership has moved to new premises in Bredbury, Stockport in a move that it says puts it in a position for further expansion.
Craig back in the ABI hotseat as Kelly departure confirmed
The Association of British Insurers has confirmed that Kerrie Kelly is stepping down from her role as director general to return to Australia for personal reasons.
Axa-owned Bluefin strikes alliance with US broker
Axa-owned Bluefin has become an inaugral member of Equity Risk Partners Global, a worldwide alliance focused exclusively on the needs of the private equity sector.
Craig back in the ABI hotseat as Kelly departure confirmed
The Association of British Insurers has confirmed that Kerrie Kelly is stepping down from her role as director general to return to Australia for personal reasons.
Axa-owned Bluefin strikes alliance with US broker
Axa-owned Bluefin has become an inaugral member of Equity Risk Partners Global, a worldwide alliance focused exclusively on the needs of the private equity sector.