News
Unite to challenge Supreme Court mesothelioma ruling
Union Unite has confirmed its intention to challenge an earlier appeal court ruling for asbestos victims in the Supreme Court.
Repair Choice aims to reduce costs
Repair Choice has vowed to save insurers "substantial" time and cost on claims fulfilment, following the launch of its end-to-end vehicle repair service.
BP Marsh seeks to expand broking portfolio with loan
Venture capital firm BP Marsh is poised to grow its insurance interests, after agreeing a £4.3m loan with its directors.
McMillan: 'hard yards' in terms of savings already done
Aviva UK general insurance chief executive David McMillan has insisted the group's proposed £200m worth of new spending cuts will not amount to a "big headcount" reduction for his division.
ECJ ruling delivers blowover outsourcing VAT costs
VAT experts have predicted insurance companies could be liable for increased costs, after being dealt a blow by the European Court of Justice.
Am Trust pulls deal after six weeks
Am Trust has withdrawn from a deal to provide capacity to UK General for a social housing insurance scheme just six weeks after it was signed.
Research claims aggregators and brokers must up fraud fight
Nearly 80% of insurance fraud investigators believe aggregators and brokers must take more active responsibility for preventing fraud, with the majority calling for more stringent checks at policy inception.
MIB mulls appeal followingoverseas motor injury ruling
The Motor Insurers' Bureau is facing a surge in personal injury claims, following a landmark appeal court ruling last week.
Nicholson avoids contempt of court charge
A senior Aon broker accused of breaking terms of his gardening leave has avoided facing contempt of court charges.
Besso's Gladstone launch is timed for new wave
Intermediary Besso has revealed it timed the launch of its managing general agent to coincide with a new wave of MGAs in the London market.
Deloitte: motor loss could be worse than 2009
The motor insurance market is at a "turning point" according to Deloitte, which has predicted that the sector will make losses of £1bn in 2010.
Barbon secures first broking acquisition since rebrand
Barbon Insurance Group has bagged its first acquisition in the broker market after acquiring a Devon-based lettings specialist.
Allianz to revisit Newcastle office plans with Archibald hire
Allianz Commercial is set to open up in Newcastle, after similar plans in 2007 failed to materialise.
Wildnet launches Solvency II compliancy tool
Wildnet's new coverholder product aims to help Lloyd's businesses become compliant in the run-up to Solvency II.
Equinox reveals plans to go global
Start-up trade credit managing general agent Equinox Global has outlined plans to move into Europe, Asia and the US, following its official launch this week.
Insure & Go warned of £6.73m VAT bill weeks before Mapfre swoop
Travel insurance intermediary Insure & Go warned it would have to raise additional capital if it lost an appeal against the HMRC weeks before it was acquired by its underwriting partner Mapfre Assistance, Post has learnt.
Whittington Syndicate 2015 approved for January 2011
Lloyd’s managing agent Whittington Capital Management, part of the Whittington Group, has confirmed that Lloyd’s Franchise Board has “in principle” approved plans to establish new Syndicate 2015, backed by SCOR.
La Playa opens New York office
Insurance broker La Playa has opened a new office in Manhattan, New York.
Endsleigh uses Virgin Media Business telecoms
Endsleigh said it is ensuring it can handle all customer enquiries at one of its busiest periods by using a fibre optic network from Virgin Media Business.
Amlin Corporate Insurance rating upgraded by Fitch
Fitch Ratings has upgraded Amlin Corporate Insurance Insurer Financial Strength (IFS) rating to 'A' from 'A-'. The Outlook is Positive.
Amlin Corporate Insurance rating upgraded by Fitch
Fitch Ratings has upgraded Amlin Corporate Insurance Insurer Financial Strength (IFS) rating to 'A' from 'A-'. The Outlook is Positive.
Lloyd's appoints new appeal tribunal president
The council of Lloyd's has appointed Mr Christopher Symons QC to be president of Lloyd's appeal tribunal for a term of three years.
FSA delays Remuneration Code publication
The Financial Services Authority has delayed the publication of its final rules on the Remuneration Code until December.