Commercial
Making a splash.
Commercial legal expenses is beginning to capture the imagination of insurers and policyholders alike as a hitherto under utilised area of added value. Duncan Robertson looks at how the brightest sparks in the industry are testing the water in this…
Appointment at Mondas.
Financial sector and e-business specialist Mondas has appointed Tom McClelland as technical director...
Insurance trio in talks over terror cover company
Three of Europe's biggest insurers have confirmed they are in negotiations to set up a specialist ter...
Co-operation working well in a crisis.
Following the collapse of Independent Insurance we had the unenviable task of calculating many thous...
Ansa network set up to stop drain on insurers' costs.
Ansa, the recently renamed specialist drainage services company, said this week it could reduce the ...
CGNU set to sell Portuguese operation to Ergo Group.
UK insurance giant CGNU is to sell its Portuguese general insurance operation to Victoria Seguros SA...
Amicus calls for new laws to protect pensions.
The engineering and manufacturing union Amicus has called for new laws to protect employee pensions....
Group 4 makes cover pledge.
Group 4 has given assurances that insurance is in place to cover the cost of last week's fire and ri...
Broker-only insurer MMA Insurance ...
Broker-only insurer MMA Insurance has launched a property and liability telephone claims service for...
IRM elects new chairman
Mark Butterworth has been elected as chairman of the Institute of Risk Management following a board ...
DL abandons plans for VSA.
Direct Line has scrapped plans to use telephone voice stress analysis to detect fraud, despite its s...
Folgate takes charge of MasterPlan products.
Insurer Folgate, in conjunction with parent company Towergate Underwriting Group, will take charge o...
Andrew Shone, deputy chairman of Lloyd's insurer Brit ...
Andrew Shone, deputy chairman of Lloyd's insurer Brit, has resigned as a director. He will retire fr...
Designer stadium.
The design for the Allianz Arena, the new Munich-based stadium to be shared by the city's football c...
Reinsurance trading exchange Inreon ...
Reinsurance trading exchange Inreon has joined Acord, the global insurance standards body to partici...
Trouble at the top.
Now more business is being conducted via e-mail and the internet, top-level staff of smaller firms are more at risk of being held personally liable for their company's failings. Not yet widespread, directors' and officers' cover is a must for SMEs, warns…
Hercules to double acquisition spend.
Paul Davis, commercial director of Hercules Property Services, has stated that he would not be surpr...
Former CEO admits to misappropriating funds.
Vehicle assistance company Accidentcare has recouped £225,000 from former chief executive and direct...
The Chartered Institute of Loss Adjusters ...
The Chartered Institute of Loss Adjusters and the Chartered Insurance Institute have entered formal ...
Chubb has reported that its fourth-quarter profit fell ...
Chubb has reported that its fourth-quarter profit fell 83% on claims paid to customers who lost mone...
Brokasure Enterprise goes live.
Software specialist Rebus iS' new open-platform international broking system Brokasure Enterprise ha...
PartnerRe rockets ahead in fourth quarter
PartnerRe boosted its profit by 74% year-on-year to $28.9m in the fourth quarter of 2001 although the...
Inreon to help Acord set up reinsurance e-commerce standards
The on-line reinsurance trading system Inreon has joined the global insurance standards organisation ...
Commercial breaks.
A hike in premiums across the commercial property sector has left many companies with tough decisions regarding their insurance. It is up to providers to prove their worth, or see customers make the break, says Edward Murray.