News
Spain tensions designed to distract says Gibraltar government
The Spanish government is using a diplomatic row with the UK and Gibraltar to distract from its own internal problems, according to Gibraltar finance minister Albert Isola.
BGL extends relationship with National Accident Helpline on PI claims
BGL and National Accident Helpline have reached an agreement, which will see Minster Law, part of BGL’s legal services business, and NAH work in closer harmony on personal injury claims.
Solicitors face premium hike following Berliner exit
Firms forced to shop around following Berliner’s exit from the solicitors' professional indemnity market could face significantly higher premiums for replacement cover, according to Marsh.
Axa reveals regional trading teams following broker feedback
Axa has unveiled its commercial lines and personal intermediary regional broking managers responsible for leading sales teams across the country.
Bluefin Network poaches pair of former Westinsure members
Bluefin Network has signed up two former Westinsure members from opposite ends of the country.
Poor GI results could see Capita sell broker businesses at knock-down price
Analysts doubtful firm could secure private equity backing
Crawford names Lafeyette to head GTS in USA
Adjusting giant Crawford has named Richard Lafayette as the new leader of its global technical services in the US.
Proposals to block broker deals with unrated insurers snubbed by the market
Reid told onus is on brokers to ensure passporting firms are 'financially sound'
Redundancies predicted as Gallagher seeks synergies following Giles deal
Sources expect AJG to reduce number of regional offices to cut costs
Four on trial for involvement in ghost broking scam
Four men who were allegedly part of a motor insurance ghost broking scam are on trial in London for either laundering the proceeds or being directly involved in the scam.
Aon seeking buyer for Footman James
Aon-owned classic car and motorcycle broker Footman James is understood to be up for sale, according to sources close to the matter.
Biba urges FCA to leave brokers out of complaints review and focus on insurers
DLG, Aviva and Allianz are top three GI firms in terms of number of complaints
Reinsurers demand greater decision-making powers as wreck removal costs soar
Munich Re is calling for reinsurers to have more say in decisions relating to marine salvage and wreck-removal operations against the backdrop of increased politicisation and escalating costs surrounding the Costa Concordia cruise liner wreck.
Allianz’s Chris Hanks re-emerges as Liberty non-exec
Chris Hanks, previously commercial general manager at Allianz, is set to return to the insurance industry as a non-executive director at Liberty Mutual, sources have told Post.
Two men admit to laundering proceeds
Two men have pleaded guilty to laundering the proceeds of a nationwide motor insurance scam, which amassed over £5000 000.
Post Claims Club: Business strategy must lead the way in IT integration says RSA claims director
The key to successful IT integration is the development of a clear business strategy and operating model, according to RSA personal claims director Ben Horton.
Post Claims Club: Pregnant women exempt from ‘game changing’ legislation
Insurers should be aware that fundamental changes removing strict liability from employers’ liability civil claims where fault is not an issue will not relate to pregnant women.
Post Claims Club: Scottish solicitor covets England’s ‘one size fits all’ fatality claims setup
Claims awards for fatal accidents in Scotland could be made “fairer” by imitating the “one size fits all” approach adopted in the English courts, according to BTO solicitors partner Carly Forrest.
Market Moves: Insurers flood back into recruitment market with raft of key hires and promotions
Insurers swarmed the recruitment space this week, redressing a balance that has seen brokers dominating. The start of September saw a number of new recruits, with appointments rising in both the London and companies market. XL, Markel, First Title and…
MAST offers security product for smaller yachts
Maritime Asset Security and Training has launched a security umbrella service offering Superyacht grade security services, training and systems to the owners of smaller yachts from 16m – 40m.
Legal Update: Social Care: Unprecedented social care and abuse cases leave insurers with plenty to consider
In the past two weeks the social care and abuse landscape has exploded. Roy Woollard looks at the legal issues and their impact on insurers
Graham Card tasked with developing Netsett
Xchanging has appointed Graham Card to develop global accounting and net settlement platform Netsett.
Keelan Westall launches non-standard property broker team
Wholesale property broker Keelan Westall has unveiled a new non-standard broking team.
Berliner exit leaves solicitors in the lurch
Solicitors seeking professional indemnity cover have been dealt another blow after German insurer Berliner warned it may be unable to take on any risks for the 1 October renewal.