News
53 firms enter the ARP
The Solicitors Regulation Authority has confirmed that as of 4 October, a provisional figure of 53 firms had failed to find professional indemnity insurance on the open market and had entered the Assigned Risks Pool.
The Insurance Charities names president
Chartered Institute of Loss Adjusters development director Graham Cave has become president of the Insurance Charities.
FSA Solvency delay “an opportunity”
Insurance consultants have put a brave face on the FSA’s announcement that it expects to delay Solvency II by a year to 1 January 2014.
VRS Vericlaim aims to double in next five years
UK loss adjusting firm VRS Vericlaim, part of the European VRS Network, has revealed plans to double in size in the next five years.
Ferma 2011: Risk consultancy Herco aims to open in Spain by Q2 2012
MDS owned risk consultancy Herco is expanding into Spain in 2012.
Ferma 2011: News round up
The Federation of European Risk Management Associations has said it will continue its fight for broker transparency and aims to convince the European Commission to include it in the next version of the Insurance Mediation Directive.
Swinton to join the IFB
Swinton has agreed to become an affiliate to the Insurance Fraud Bureau.
Ferma 2011: Risk managers must 'upskill' for future
Risk managers have been urged to "upskill" by Ferma vice president Julia Graham.
Ferma 2011: Ferma aims to get transparency disclosure into IMD
The Federation of European Risk Management Associations has said it will continue its fight for broker transparency and aims to convince the European Commission to include it in the next version of the Insurance Mediation Directive.
FSA expects Solvency II to be delayed
The Financial Services Authority has said it expects insurers to have to comply with Solvency II rules from the delayed 1 January 2014 date.
Ferma 2011: Torus to bring property underwriting to French office
Insurer Torus has confirmed that it will be bringing property underwriting to its French operation.
Ferma 2011: Politics will continue to influence cross-border trade, says JLT
Politics are exerting ever greater influence over cross border trade and this influence will continue, Nick Robson, JLT Specialty has warned.
Catlin Group chief scoops 'UK entrepreneur of the year' accolade
Catlin Group chief executive Stephen Catlin has been named Ernst & Young’s ‘UK entrepreneur of the year.
Garratts promotes Claire Porter
Commercial broking specialist Claire Porter has been promoted to associate director at Lancashire-based insurance brokers and risk advisors Garratts.
Oval appoints Ian Story as finance director
Oval has today announced the latest in a spate of boardroom appointments, with the news that former Bluefin chief financial officer Ian Story will be stepping up as permanent finance director.
Lobby group challenges Quinn sale
A local lobby group has planned a last-ditched attempt to challenge the planned takeover of Quinn Insurance by Anglo Irish Bank and Liberty Mutual, according to the Irish Independent.
Jelf secures CII Chartered Status
Jelf Insurance Brokers has been awarded Chartered Status by the Chartered Insurance Institute.
Catlin named entrepreneur of the year
Catlin Group chief executive Stephen Catlin has scooped Ernst & Young's 2011 ‘UK Entrepreneur of the Year’ award.
Clear names Brent Escott as NED
Independent broker Clear Insurance Management has appointed Brent Escott as a non-executive director as part of the firm’s strategy to double its premium income to £50m by 2014.
Ferma 2011: VRS Vericlaim aims to double in next five years
UK loss adjusting firm VRS Vericlaim, part of the European VRS Network, has revealed plans to double in size in the next five years.
20% of holidaymakers travel without insurance
One in five UK holidaymakers go abroad without travel insurance, according to Abta.
Salvation Army insurance chooses Websure
The Salvation Army General Insurance Corporation has chosen Websure as its preferred insurance software supplier.
AA teams up with Bollington in commercial push
AA Insurance has expanded its commercial insurance offering through an exclusive arrangement with Bollington.
XL launches products for life science industry
The insurance segment of XL Group has developed a new suite of insurance solutions to respond to the evolving needs of the life science industry.