Lloyd’s/London
The heart of the matter.
The latest CSC annual survey into issues of information systems management has found that e-commerce and related issues are at the heart of the way the financial sector carries out its business. However, the findings also suggest insurers are lagging…
Zurich Re sticks to flotation plan.
Zurich Financial Services still plans a stock market flotation of Zurich Re by the end of this year ...
Penny Black's insurance week.
Not wishing to cast doubt over the industry's efforts to fully embrace the e-business age, Penny was...
RI3K makes broker vow.
RI3K, formerly known as city3k, was due to go live this week, with its electronic trading platform, ...
RI3K launches online exchange
Today London-based RI3K, formerly known as city3k launched its electronic trading RI3K Exchange for t...
Service Provider of the Year
The London Processing Centre deals with 16 currencies, 29 international clients and transactions worth £10.5bn a year. Edward Murray reports on its efforts to streamline its service.
MP slams the ABI.
The Association of British Insurers has come under fire for failing to prevent leading insurers flout...
Picking the lock?
With Independent Insurance in liquidation, a hole has been left in the long-term policies market. Simon Threadgold asks how wise it is for insurers to rush in and lock themselves into the extended agreements void that has been left?
Freight expectations.
The mystique surrounding goods in transit is fast disappearing and the way is clear for brokers to jump onto the market's tailgate. Rates are starting to rise and competition is fierce as companies look to load up on cover, says Simon Threadgold.
IMR helps CBS.
US-based IT company, IMR Global, has delivered a new e-commerce application for Cheshire Building So...
WISe relationship "not commercially viable" says BT.
British Telecom has blamed non-London market insurers for the ending of its relationship with insura...
St Paul to merge Lloyd's syndicates.
The St Paul at Lloyd's is to merge most of its 11 syndicates and sub-syndicates into the group's exi...
St Paul set to merge syndicates
The St Paul at Lloyd's is to merge most of its 11 syndicates and sub-syndicates into the group's exis...
Losing the way on loss adjusters.
Mr Harvey's letter (PM, 3 May, p20) should be of great interest to the insuring public who suffer lo...
Kiln set to quit retail.
Integrated Lloyd's vehicle Kiln looks set to exit the UK retail market this year after Edward Creasy...
Catlin heads Lloyd's group.
Stephen Catlin has been re-elected as chairman of the Lloyd's Market Association (LMA), which will t...
LMA names Sperryn as CEO.
The Lloyd's Market Association has appointed Simon Sperryn as its new chief executive officer. Mr Sp...
Leeding light.
Leeds has become one of the most vibrant cities in the UK - overtaking many of its northern rivals. Many companies in the insurance sector have seen the light and, keen to benefit from the region's facilities, now form a sizable community. Jonathan Swift…
On-line reinsurance debt exchange goes live.
The reinsurance industry's first on-line debt exchange was launched last month at www.city3k.com. ...
Kyoei to join Millea.
Kyoei Mutual Fire & Marine Insurance is to join the Millea Insurance Group being set up by three oth...
Claims Direct hikes premium
No win no fee claims management company Claims Direct has finally launched its new ring-fenced insura...
IMR anticipates outcome of parent merger.
The UK operation of US-based IT systems and consultancy firm IMR Global will have to wait to see how...
Sportscover enters arena.
Australian insurer Sports-cover has entered the UK market and hopes to have a 40-strong broker netwo...
EU plans to foster e-financial services
Proposals for European Union-wide rules governing sales of financial services on the internet have be...