News
Medical insurer warns of plastic surgery risks
The Medical Defence Union has paid out just under £8.5 million in compensation and legal costs over the last ten years to patients harmed by cosmetic surgery procedures. The majority of claims were made by patients who had breast and facial surgery and…
Oval formalises claims contract
Broker Assistance the motor claims management company for brokers, has won a contract from Oval Insurance Brokers to handle all motor claims suffered by its clients at three of its offices.
Novae receives rating
Novae Group plc is pleased to announce that it has been informed by a rating agency that the operating and business plans of its new FSA-regulated insurance company subsidiary, Novae Insurance Company Limited, meet the standards of an indicative…
Bric challenges HM Revenue & Customs over VAT
The Body Repair Industry Campaign has challenged the information provided by HM Revenue & Customs to justify its policy on VAT on body repair workshops when owned by tax exempt insurance companies.
Skills Council publishes new generic financial advice standards
The Financial Services Skills Council has published National Occupational Standards for people providing generic financial advice.
No change in FSCS scheme and ombudsman payment limits
The compensation and eligibility limits for the Financial Services Compensation Scheme and for the compulsory jurisdiction of the Financial Ombudsman Service will remain at their existing levels, the Financial Services Authority has confirmed.
Axa goes live with imarket surgery product
Insurer Axa has become the first insurer to go live on the Acturis platform with an integrated imarket Surgery product.
Jelf makes acquisition
Bristol-based broker Jelf has announced the acquisition of Oxfordshire-based Insurance Brokers Cherwell Insurance Management.
Securah launches new enhanced website
Securah has launched a new enhanced website.
Former Allianz Cornhill manager joins Aascent
Commercial premium finance provider Aascent has embarked on a programme of significant growth spearheaded by the appointment of Lloyd Hanks as sales and marketing director.
MDU pays out £8.5m to compensate cosmetic surgery patients
The Medical Defence Union paid out just under £8.5 million in compensation and legal costs over the last ten years to patients harmed by cosmetic surgery procedures.
Aon brings in new insurance facilities
Aon has announced the launch of three facilities that will enable captive insurance companies and UK/European corporates to reduce their risk exposure in a cost effective way, while helping to reduce volatility in what it describes as an increasingly…
Broker Network backs Towry Law GI MBO
The Broker Network has bought out Towry Law's general insurance and healthcare arm, in partnership with the firm's senior management.
Firms obsessed with 'cultural fit' for top jobs
The Football Association's problematic search for a new England manager is comparable to the outdate...
Time to test yourself
A selection of questions from various CII qualification papers
BIA finalist wins Biba role
A high-flying Aon broker has been elected to head up the British Insurance Brokers' Association's Gr...
M&S Insurance worker gets a service award
Cate Taylor, sales agent at Marks and Spencer Car Insurance contact centre in Sunderland, has been a...
Appointment at Aon
Aon has recruited Paul Atkinson as its UK director of marketing and communications. His previous rol...
Forbes to capitalise on rival woes
Alexander Forbes has recruited Mike Hammond, former Marsh UK and JLT Risk Solutions chief executive,...
Fraudulent broker faces prison
A broker faces prison after admitting selling £10m of policies without any underwriters to back them...
Appointment at Talbot
Talbot has made several appointments, including Andrew Keogan as head of internal audit; Rod Harris ...
Insurers will not budge, despite ruling
A recent appeal judgement forcing insurers to pay medical-legal agency fees is unlikely to lead to a...
Towergate Partnership acquires Zurich home insurance portfolio
The Towergate Partnership has acquired the Zurich home insurance portfolio from Network Data. The po...
L&G changes gear and pulls out of motor
Legal and General has decided to pull out of the motor market after a wholesale review of its genera...