Commercial
Academic claims DNA tests may save insurers millions
A Leeds-based company has claimed it can save the insurance industry millions of pounds a year by us...
First Assist rejects seven in IT tender
Healthcare and assistance specialist First Assist, which has earmarked £50m to spend on new technolo...
Risk-aversion in the Second City
Compensation Culture
Ceiling case falls down
Horbury Building Systems v Hampden Insurance NV (Court of Appeal - 7 April 2004)
Appointment at Allianz Cornhill
Allianz Global Risks has made Tim Cook head of engineering. With 17 years of experience in engineeri...
Allianz profits reach £437m
Germany-based composite Allianz Group has reported a EUR650m (£437m) profit after tax in the first q...
Kwelm creditor payments agreed
Creditors of the insolvent London-based KWELM insurance companies will receive an average additional 7% payout across the five companies, according to the tenth annual report for 2003, issued today. This increases their total payments to date to between…
THB in partnership with the Independent Buying Consortium
Lloyd’s wholesale and retail broker THB Group has joined forces with procurement company, the Independent Buying Consortium, in a partnership that will help its 1000 strong agency base reduce their costs and improve margins considerably.
Arc wins Met Police contract
Legal insurance provider Arc has won the contract to provide legal expenses to Metropolitan Police members.
Appointment at Allianz Cornhill Engineering
Simon Cuthbert has been appointed account development manager at Allianz Cornhill Engineering in Lon...
Light at the end of the tunnel could be snuffed out by staff exodus
Following several extremely difficult years, the service sector is showing some promising signs of r...
Hyperion acquires shareholding in JK Buckenham
The Hyperion Insurance Group has acquired a 51% shareholding in City-based Lloyd's reinsurance broke...
Inquiries to go into 2005
Lincolnshire police have confirmed they are investigating Boston-based insurance provider CSBL. This...
Aon records increase in revenues
Broking giant Aon recorded a 9% increase in consolidated revenues to $2.6bn (£1.5bn) for the first q...
Commercial insurer to create 200 jobs
Direct commercial insurer Premier Line has announced ambitious expansion plans to create 200 jobs, b...
Additional financing for Towergate acquisitions
Towergate has secured a further £85m financing from The Royal Bank of Scotland, Lloyds TSB and Barcl...
A storm brewing
Disaster Recovery
Cox and Highway both take the credit
Speaking of consolidation in the motor market, the possible merger between Cox and Highway was abort...
Acceptance of liability raises questions
Railway contractor Jarvis and Network Rail's decision last week to accept liability for the Potters ...
MMA joins household panel of Lloyds TSB Insurance
Intermediary-only insurer MMA joined the household panel of Lloyds TSB Insurance this week. MMA's sa...
Aborted Highway deal raises Cox questions
Cox Insurance chairman Peter Owen has blamed the abortive merger of his firm with insurer Highway on...
Brit announces dividends on shares
Brit Insurance Holdings has announced that it has declared a first interim dividend for 2004 of 2p per ordinary share.
Select & Protect adds Life-Link to key accounts
Select & Protect, provider of household and mortgage payment protection insurance cover, has added Life-Link to its key accounts.
Biba launches new income protection scheme
The British Insurance Brokers’ Association (Biba) has announced the launch of a new income protection scheme. The scheme will offer today’s UK workers, irrespective of age, occupation, or gender, a tax-free cushion of up to £12,000* against the risk of…