Commercial
Willis acquires Chilean broker MGT
Willis has entered into a contract to purchase the majority of the retail and all the reinsurance business of MGT Group. Located in Santiago, Chile, MGT has annualized revenues of approximately $4m (£2.09m).
Bankstone and SSP unveil online claims validation 'first'
Broker software house SSP has produced what is claimed to be the first instant online validation system for a claims firm's call centre.
Vandals cost UK businesses £620m a year
Petty criminals and vehicle vandals are costing UK businesses £620 million a year, according to figures released by insurer Royal & SunAlliance.
Lloyd's issues broker research paper
Insurance brokers believe that changing distribution trends present them with both their biggest challenge and their greatest opportunity, new research reveals.
Pay freeze JLT sees costs and salaries jump £16m
Jardine Lloyd Thompson's six-month interim results published this week have revealed that salaries a...
Customers at forefront of industry list
The insurance industry puts customers at the forefront of its thinking. This statement is truer than...
Start-up launches into motor "battle ground"
MMA this week revealed that its recently touted Gibraltar-based motor insurer has been set up to hel...
Gamble chairman
Richard Gamble, the former group chief executive of Royal and Sun Alliance, has been named as the ne...
NIG appointments
NIG has appointed Martin Kelsh and Tim Griffiths as strategic account managers. The pair will manage...
Sterling merges operations
Sterling Insurance has merged its two Folkestone operations into a new office in Kings Hill, Kent in...
Moorhouse contract
Moorhouse has signed a contract that will see its full commercial and personal lines insurance produ...
Insurer courts super regionals
The UK insurance arm of Endurance Group has lined up several super regional brokers to facilitate it...
Online insurance centre
Ebay.co.uk and Norwich Union have launched an online insurance centre for customers. It will allow E...
Norwich Union pilot
Norwich Union has made further steps to expand its pay-as-you-drive insurance pilot by signing up a ...
Insurer raids Cornhill to boost SME push
Insurer IGI has recruited two former Allianz Cornhill managers to assist its push into the SME marke...
Raising standards
Business continuity
Motor insurers continue review
Link and Zenith Insurance have revealed further details of their claims supplier network review, wit...
RFIB expands presence
Lloyd's broker RFIB Group has expanded its presence in the UK with the acquisition of the business o...
Competition
Win cricket tickets Post Magazine has teamed up with Brit Insurance to offer four pairs of ground t...
Allianz in 'bread and butter' business bid
Allianz Cornhill is aiming to increase its SME business book by another £100m in gross written premi...
CNA posts increased Q2 2006 profits
CNA Financial Corporation has announced second quarter of 2006 results. Net operating income from continuing operations for the second quarter of 2006 of $305m as compared with $272m for the same period in 2005. The second quarter of 2005 included a …
RSA acquires Irish insurer
Royal and Sun Alliance Insurance Group has acquired Irish insurer EGI Holdings for €25.2m (£17.3m) payable in cash.
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Heath pulls plug on JLT talks
Heath Lambert Group has ended talks with Jardine Lloyd Thompson (JLT). Discussions had been taking p...