News
Decision could save industry £25m
Today’s judgement on pleural plaques could save the insurance industry £25m a year according to Ricksons Solicitors.
Zurich relieved at pleural plaques victory
Zurich , one of the insurers in the pivotal pleural plaques appeal case, has said that today’s judgement draws a line under the issue of pleural plaques and sends a clear message to claims farmers.
Insurers win pleural plaques appeal
Insurers are set to save millions of pounds after the ruling in a pivotal pleural plaques case went in their favour.
Plus One wins new IFA contract
White label insurance provider PlusOne Insurance Solutions has been appointed by IFA network Simply Biz as partner to provide own brand general insurance products.
Aon promotes M&A team
Broker Aon has announced a number of promotions within its Mergers and Acquisitions Group. Tim Davies, Jon Higgins and Jim Rutherford have been appointed to directorship level, and Giles Murphy has been promoted to associate directorship level.
One logo for Standard Life
Standard Life is to use one logo across its suite of retail products in the UK. This will result in both Standard Life Bank and Standard Life Healthcare adopting the Standard Life logo currently used by the Life & Pensions business.
Arch joins capital raising with $200m offering
Bermudian (re)insurer Arch Capital Group has announced that it is to raise $200m via an underwritten public offering of preferred stock.
Finite risk coverage affirmed by NY Insurance Department
The legitimate utilization of multi-year, catastrophe, excess-of-loss reinsurance contracts that can be classified as finite risk coverage has been reaffirmed by the New York Insurance Department in a letter to US RE Corporation, according to Tal…
Misys GI announces static profits and revenue
Misys General Insurance, the software house providing broking systems,has announced operating profits of £7m and revenue of £16m for the six months up to 20 November 2005. The revenue and profits have remained broadly static compared to a year ago.
Winners and losers - Post Magazine's monthly round-up of job cuts and gains
Winners Hiscox opened a new office in Bristol, which will initially start life as a satellite offic...
Swiss Re may axe up to 150 UK jobs after merger
Reinsurance giant Swiss Re could axe up to 150 jobs from its UK workforce, following the completion ...
CII warns of gulf between broker types
A widening split in the broker sector between 'traditionalists' and 'innovators' will see competitiv...
Zurich BPO jobs to go
Zurich has confirmed it is set to axe 149 jobs worldwide, following its recent business process outs...
Indian providers look West
More offshore suppliers will either open European centres or seek to acquire European services compa...
Appointment at Highway
Motor insurer Highway has appointed Peter Goodright as its new head of accident damage operations. H...
Launch of Multicaccess
Multiaccess, a free online loss adjuster portal, has been launched by UK property repair and improve...
Towergate in Lloyd's snub
Towergate will deliver a snub to Lloyd's when it unveils its panel of insurers to be used by newly a...
Law firms network seeks to slash costs
A 60-strong network of claimant law firms launched this week promising to slash costs in personal in...
Appointments at Council of Lloyd's
Five appointments to the Council of Lloyd's have been made following the Council elections which clo...
UK fire authorities to share grant
UK fire authorities will share an £11.4m government grant to support their arson reduction initiativ...
Argos suspends insurance sales
Retail giant Argos had to suspend the sales of its car insurance, following Rubicon Corporation goin...
New acquisition for Standard Life Healthcare
Standard Life Healthcare's proposed acquisition of First Assist's private medical insurance business...
Appointment at Berrymans Lace Mawer
The partners of Berrymans Lace Mawer have elected Terry Renouf to be their new national senior partn...
Appointment at GAB Robins
GAB Robins has appointed Trevor Cameron, pictured, as managing director, London market. He will repo...