Commercial
Consolidator seals its first Scottish acquisition
Oval has continued its expansion into Scotland with the purchase of Glasgow-based broker and financi...
Brit boss in skills plea
The general insurance claims sector is facing a skills crisis and needs to take action now, warned B...
Insurers could yield branding
The strength of brands could wipe out insurance companies, a leading practitioner warned. Mark Clif...
UK helps launch pan European SME risk tool
A European Union backed training programme that aims to improve the business performance and reduce the risk of loss and failure among small and medium sized businesses was launched today by the Federation of European Risk Management Associations.
Insurers warned a good rating is vital to secure business
An insurer's rating is a key driving force behind who insurance is placed with, an independent survey of risk managers has revealed.
Claims body reports massive savings for insurers
The Irish body set up to reduce insurance costs, the Personal Injuries Assessment Board, today reported that it is processing claims at a rate that is three times faster and four times cheaper than the old litigation based process whilst still providing…
Swiss Re: High-growth credit market worth $6.9bn
Swiss Re has valued the credit and surety insurance market business at $6.9bn in premiums in its latest Sigma study. The world’ largest reinsurer highlighted the link between increased demand for credit insurance and above-trend growth in world trade,…
Tonks handed development role at N&G
Simon Tonks is to join Navigators & General as development manager. Currently marine underwriting manager at Allianz, he will join the management team with nationwide responsibility for the development of all distribution channels within N&G.
SBJ wins out in major tender
SBJ Professional has won out in the tender to be the appointed professional indemnity insurance broker to The Institute of Chartered Accountants in England & Wales.
Research confirms online insurance buying habits on the rise
New research from Foolproof, the user experience consultancy, claimed that 50% of the UK’s motor insurance policies and 28% of its home insurance policies have been sold online. The annual study also said consumers expect to see further growth in online…
Law firm offers free Bermuda and Cayman legal clinic for London Market
Appleby Hunter Bailhache has announced that it will be running a Bermuda and Cayman Insurance Law Clinic in London in mid-October.
Heath Lambert puts Spanish reinsurance operations into run-off
Heath Lambert has closed its Spanish reinsurance broker, Heath Lambert Interbroker (HLI) to new business with effect 1st October 2006.
IGI launches new brand
Specialist UK general insurer, IGI has added two senior recruits to its management team with the arrival of Robert Cottrell as operations director and Neil Findley as sales and marketing director. Their arrival comes just as the growing insurer embarks…
Highway appoints regional manager for Wales and North
Motor insurer Highway has appointed Susan Foley as Regional Account Manager for the North of England and North Wales.
CII panel warns of personnel crisis in claims
The claims and loss adjusting panel at the CII conference warned today of the impending recruitment crisis in the claims sector unless radical action is taken to address issues such as image and remuneration.
Qdos Consulting appoints new head of insurance
Qdos Consulting has appointed B rendan Dawson to head up its expanding insurance services division.
Scottish Re facing class action from Ohio AG
Ohio Attorney General Jim Petro has filed a motion in federal court in New York requesting the State Teachers Retirement System of Ohio (STRS) be appointed lead plaintiff in a securities class action lawsuit filed in August against Scottish Re Group.
Financial jobs up 9%
Jobs in the financial services sector have seen a 9% increase during the second quarter from last ye...
Retail giant joins with Axa
Retail giant John Lewis has joined forces with Axa to launch a direct services company called Greenb...
Market's first half a "superior performance"
Threats from competing markets have been answered by superior underwriting performance at Lloyd's, i...
Adjuster re-brands
Loss adjuster AMG is celebrating the first anniversary of its £62m management buyout in October 2005...
CSC to meet over "quick Buck" chasers
The Claims Standards Council executive will meet tomorrow with the Department of Constitutional Affa...
Broker compensation set
Compensation worth £200 000 is expected to be paid out to customers of three collapsed brokers, the ...