News
It takes all sorts
The insurance industry includes a wide variety of professional expertise, and as FSA regulation rapidly approaches, there is some confusion about which will be included and which will not. Hugo Cranmore looks at the problems this is causing.
A matter of common courtesy?
Policyholders are demanding more and more from their insurance - particularly in the motor insurance sector. However, it is what happens after an accident that often differentiates between different policies and the 'free' provision of courtesy cars is…
Appointment at Forbes
North-west law firm Forbes has made Andrea Stamp its practice development manager. Ms Stamp joins f...
Bermuda could become second market for US property insurance
Bermuda could overtake London and Continental Europe in the next 12 months to become the second mar...
Fitch puts dampers on Lloyd's
Concerns over possible losses associated with medical cost inflation and the outcome of arbitration...
Homeowners Society and UK Civil Service Benefit Society view to a merger
The Homeowners Society and the UK Civil Service Benefit Society have entered into exclusive talks w...
What the papers said this week
The Independent The US author Gore Vidal is suing five insurance firms, including Lloyd's of Lo...
Zurich chief hits out at reinsurer relationships
Zurich London chief executive officer Martin South has voiced concern over the deteriorating relati...
A winning initiative
As Phase 2 of the Motor Insurance Database proceeds full-throttle, fleet operators must ensure they comply with the regulations surrounding the initiative. Only with fleet compliance can motor insurance evaders be forced off the road - a winning position…
Liz Latter of Brokersure.co.uk to run in London Marathon
Liz Latter, general manager of Brokersure.co.uk, will be running this year's London Marathon on 13 ...
THB completes acquisition of BEIB Equestrian Holdings
Broker THB has completed the acquisition of BEIB Equestrian Holdings, which owns British Equestrian...
Lloyd's "realistic" over take-up plan
The chances of any dramatic take-up within Lloyd's of a members' agents' declaration that they are ...
Short-term gloom as GI job cuts continue
Four out of five general insurance companies claim to have shed staff and expect to make further jo...
GAB seals Big Mac claims deal
Loss adjuster GAB Robins has won a multi-million-pound contract to manage the global claims for fas...
Fraud: educated males most likely
New figures from the Association of British Insurers show that one in five people commit fraud beca...
Tesco Personal Finance achieves £96m profit
Tesco Personal Finance this week reported that it had achieved a £96m profit for the year ended 31 ...
Report finds claims automation is key growth area
A report by market analyst Datamonitor has found that, despite relatively flat IT spending being fo...
Clouds over insurers may yet have a silver lining
The UK general insurance industry is undergoing a massive shift back to basics, with the focus on u...
View from the Top - Duncan Boyle, UK chief executive, Royal & Sun Alliance
The General Insurance Standards Council's regulatory regime will now operate on an extended basis u...
Health scare
The outbreak of the killer virus Severe Acute Respiratory Syndrome has led to reports that insurers...
Budget death knell for Lloyd's names unlimited liability
The UK Chancellor Gordon Brown has announced that the Inland Revenue is planning to introduce tax rel...
GE Frankona Re reduces Lloyd's involvement
GE Frankona Re is to reduce its involvement in the Lloyd's operations of (re)insurer Chaucer but will...
Price is prime concern of US risk managers
The biggest challenges facing US risk managers over the next year are price, coverage and capacity, a...
Strike Club warns of premium hikes
Specialist marine mutual insurer the Strike Club has warned its members to expect a big increase in p...