News
Willis launches carrier benchmarking tool
Willis has launched what it claims is the world’s first carrier benchmarking tool, the Willis Quality Index.
Bupa Travel Services wins Emirates deal
Bupa Travel Services has won a deal to provide travel insurance for Emirates Airline's 20 million passengers to offer extra peace of mind when they travel.
FSA and treasury launch consultation on EU insurance sector
A discussion paper on the UK's proposals to reduce the administrative burden on insurance groups operating in the European Union has been launched by the Treasury and the Financial Services Authority.
William Russell launches life and income protection plans for expats
William Russell has launched its 2008 Global Life insurance and Global Income Protection plans for expatriates with improved benefits and prices held at 2005 levels for the third year running.
FSA and treasury launch consultation on EU insurance sector
A discussion paper on the UK's proposals to reduce the administrative burden on insurance groups operating in the European Union has been launched by the Treasury and the Financial Services Authority.
AIG holds talks over RBSI buyout say sources
AIG has held preliminary talks with Royal Bank of Scotland about the buyout of the UK’s bank’s insurance operations, sources close to the situation told Reinsurance Magazine.
Platinum's Q1 net income jumps 44%
Platinum Underwriters Holdings, the Bermuda-based (re)insurer, said that first quarter net income increased 44% over the same period last year.
Howden and Zurich team up
Lloyd's broker Howden has announced a new partnership with Zurich to underwrite its British Insurance Brokers' Association accredited scheme for brokers’ professional indemnity.
Howden partners with Zurich for Biba accredited broker PI scheme
Howden the Lloyd’s broker offering a range of specialist insurances has confirmed an exclusive partnership with Zurich to underwrite its British Insurance Brokers' Association (Biba) accredited scheme for brokers’ professional indemnity (PI).
QBE extends offer for IAG
QBE’s offer to merge with Insurance Australia Group has been extended until 5 May.
Aon and Ecclesiastical combine for doctor/dentist product
Insurance broker Aon, in partnership with insurer Ecclesiastical, has launched Practicecare, an insurance policy designed to meet the specific needs of doctors and dentists in the UK.
Aon and Ecclesiastical launch doctors and dentists product
Aon has joined forces with insurer Ecclesiastical to launch Practicecare, an insurance policy designed to meet the specific needs of doctors and dentists in the UK.
Open GI and Countrywide Events secure CII accreditation
Open GI Product Clinics and Countrywide Broker Clinics have been accredited by the Chartered Insurance Institute .
Lockton and Kiln join forces to expand corporate identity theft protection
Lockton and Kiln have teamed up to tackle data breaches and outsourcing deals that open up major companies to multiple hundred million dollar exposures.
Brit Insurance names Wilson as Global Markets CEO; Sibthorpe resigns
Brit Insurance, the UK-based (re)insurer, said that it has appointed Matthew Wilson as chief executive officer of its global markets business following Mike Sibthorpe's resignation.
Solicitors face investigation by the IFB
Dozens of personal injury claims management companies and ten solicitors’ firms are being investigated for insurance fraud by the Insurance Fraud Bureau , according to the Solicitors Journal.
RBS confirms plan to raise £4bn with insurance business sell off
Royal Bank of Scotland has confirmed that it plans to sell part or all of its insurance business in an effort to bolster its balance sheet. The move is expected to raise around £4bn.
Heath Lambert and Cooper Gay in acquisition talks
Cooper Gay and Heath Lambert have confirmed they are in talks about Cooper Gay acquiring Heath's aviation, global business solutions, FSJ and reinsurance divisions.
Bank consortium confirms Erinaceous acquisitions
A business investment company established by banks HBOS, HSBC, and Lloyds TSB has confirmed it has acquired three businesses from The Erinaceous Group, which went into administration last week.
Beazley's Q1 net written premiums fall 2%
Beazley, the Lloyd’s (re)insurer, said that first quarter net written premiums fell 2% to £123.6m from £125.6m a year earlier, as renewal rates fell 6%.
Lloyd's appoints new president of North America
Lloyd's has appointed LoriAnn Lowery as its new president, North America.
Qatar Financial Authority poaches Lloyd's international development head
The Qatar Financial Authority has appointed James Sutherland as its director of business development for insurance and reinsurance.
Directors and officers need extra protection, say Smart and Cook
A limited liability company no longer provides protection for directors and officers, warns Smart and Cook.
Broker Direct snaps up broker
Broker Direct has acquired Tamworth-based Bevan Fox Insurance Brokers.