News
Brit reveals new appointments
Brit Insurance has announced the appointment of two senior positions to its operations division.
Highway joins 1 Answer Network panel
Highway Insurance has joined the insurer panel of 1 Answer Network, the personal lines solutions network. In total, there are now five key panel insurers with numerous others still in discussion about involvement.
Inaction over climate change could leave industry bust: Report
The insurance industry must face up to the growing threat of climate change or risk being swept away, according to a report released today by Lloyd's.
New NIG distribution team unveiled
Insurer NIG’s director of distribution, David Parker, has disclosed the key players in his new management team.
S&P ratings for Best Re unaffected by deal
Standard & Poor's Ratings Services said today that its financial strength and counterparty credit ratings on Tunis-based B.E.S.T. Reinsurance are not affected by the announcement that the unrated Salama Islamic Arab Insurance incorporated in the Emirate…
PBSH appoints marketing director
PBS Holdings, encompassing Primary Group-owned commercial, agricultural and personal accident underwriting agencies, has appointed Simon Taylor to the newly-created role of marketing director.
Taxi Direct reports 75% saving
Taxi Direct claims to have reported 75% savings on the time taken to generate quotations within three months of installing the company’s broking system, CDL Classic.
Ex Forbes marine broker joins SBJ
Broker SBJ has appointed Andrew Harding as chairman. He has also been appointed a director.
Lloyd's marine unit launches comprehensive database
Lloyd’s Marine Intelligence Unit has launched www.lloydsmiu.com - the largest and best marine database in the world.
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