News
Solicitors' PI heading for crisis in capacity
The solicitors' professional indemnity market could face a capacity crisis following controversial plans to retain the assigned risks pool until 2013, the insurance industry has warned.
Allianz rules out Part VII transfer
Allianz has ruled out following Aviva and Royal Bank of Scotland Insurance in applying to the High Court for a Part VII transfer under the Financial Services and Markets Act.
IBM: reputational risk must be managed
IBM has urged insurance companies to keep tabs on social media output to ensure they are managing the "online perception" of their businesses.
Directors jailed for £1m insurance fraud
Two directors at the centre of a £1m insurance fraud have been jailed for a combined sentence of 10 years at Southwark Crown Court.
Broker Assistance creates non-fault matrix
Broker Assistance is creating a non-fault claims database that aims to allow up to 100% third-party capture.
Aldermanbury Declaration - one year on: delivering the declaration
The Aldermanbury Declaration was launched a year ago to great fanfare. Joel Turland takes a look at its success in driving professional standards.
Regional job rise expected
Specialist recruitment firm Search Insurance has opened an office in Leicester.
Homelet 30% ahead of target to smash 2010 £10m profit
Barbon Insurance Group's current most profitable business Homelet is aiming to "smash" its 2010 profit by December.
Giles £100m corporate target bolstered by wins
Giles Insurance Brokers' efforts to grow its corporate book of business to £100m within 12 to 18 months has been boosted with a series of business wins.
Aon wins McLaren contract from Willis
Aon has won the tender to provide insurance coverage for the McLaren Formula One team, McLaren Automotive, and individual policies for its drivers.
MoJ and mobile operators join forces to eliminate text pests
The Ministry of Justice is to set up a dedicated working group with the UK's major mobile phone operators to tackle the problem of unsolicited text messaging from claims management firms.
Lloyd’s names Lord Levene successor
City veteran John Nelson is set to take over from Lord Levene as chairman of Lloyd’s in October.
TfL confirms insurance panel
Transport for London has selected 27 insurance companies that will provide its cover in an agreement worth a combined £24m.
EL campaigner stands for London election
The former MP and leader of the Access to Justice group Andrew Dismore has been selected as a Labour candidate for the Greater London Authority election.
Clutterbuck to succeed Moylan as Allianz commercial director
Allianz Commercial director for underwriting and technical Geoff Moylan is to retire from the business.
Head of specialist markets latest to leave Axa
Mike Phillips, head of specialist markets at Axa commercial, has become the latest high profile name to leave the business, Post has learnt.
Irwin Mitchell steps closer to flotation
Irwin Mitchell has appointed Espirito Santo Investment Bank as its financial adviser in a move that could support it becoming one of the first alternative business structures.
Acquisitive Invicta seals two more deals
Invicta Insurance Services will complete its seventh acquisition, the entire general insurance portfolio of Wiltshire-based Keith Montgomery Insurance Services, on 1 May.
NIG boosts Leeds office
Senior underwriters have joined NIG’s Leeds office from Allianz, Brit and Towergate.
MoJ and mobile operators join forces to eliminate text pests - Insurance News Now – 21 April 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including an announcement that the MoJ is to set up a dedicated working group with the UK’s major mobile firm operators to tackle the problem of unsolicited text…
Awac Europe president resigns
Allied World Europe president John Redmond has resigned from his post with the US firm, Post can reveal.
MoJ and mobile operators join forces to eliminate text pests - Insurance News Now – 21 April 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including an announcement that the MoJ is to set up a dedicated working group with the UK’s major mobile firm operators to tackle the problem of unsolicited text…
Awac Europe president resigns
Allied World Europe president John Redmond has resigned from his post with the US firm, Post can reveal.
Markel appoints Asia CUO
Markel has named current London senior underwriter Mark Warrilow as the new chief underwriting officer of Markel International Singapore.