News
Indie trial pushed back
The trial of the three former directors of Independent Insurance has been pushed back by two weeks a...
Penny Black's insurance week
Dedication, that's what you need, said the late Roy Castle. Penny was always a fan of this mantra, h...
Insurers out of Bill
Lord Sheikh is attempting to remove insurers from the equation over compensating UK victims of terro...
Jelf makes it 10 in 12 months
Jelf Group has added a potential £2m premium income and nine new staff through the acquisition of Su...
Chubb Europe considers redomiciling options
Chubb Europe is considering redomiciling to the UK, having weighed up a number of other regulatory o...
Appointment at Aviva
Aviva has unveiled its new group executive team, following the appointment of Andrew Moss as group c...
Appointment at Ecclesiastical
Tony Bloomer has been appointed as manager of Ecclesiastical Insurance's Birmingham regional underwr...
Appointment at RBS Finsure
Premium finance provider RBS Finsure has promoted Colin Chappell to the role of relationship consult...
Appointment at Arista
Arista has appointed Alan Bradbrook as motor trade underwriter following the launch of its new motor...
Commission updates warranty position
'Basis of the contract' clauses relating to warranties are a key concern to the Law Commission. Pet...
Munich Re buys Lloyd's broker
Reinsurance giant Munich Re has bought its long-term partner, Lloyd’s broker Bell and Clements, in a move to achieve bottom-line growth.
Allianz Commercial revamps motor trade policy
Following extensive customer research, Allianz Commercial has re-launched its motor trade product with a range of new and significantly improved features.
Pick of the week
Anthony Gould, editor in chief, Post Magazine outlines the major general insurance news stories from tomorrow's issue of Post including: insurance industry teams up with United Nations on sustainability; Supermarket giant looks for new general insurance…
DAS declares brokers must be regulated for personal injury referrals
Legal expenses insurer DAS is attempting to resurrect the debate over whether brokers who refer personal injury claims to solicitors should be regulated by the Ministry of Justice. This is despite the claims management regulator, Mark Boleat confirming…
Carbon offset car insurance launched
ibuyeco, a new eco-friendly car insurance scheme that will offset 100% of customers’ CO2 emissions for the duration of their policy and help make a contribution towards tackling global climate change, has been launched.
Highway trading update points to rates softening again
Highway Insurance has warned that any upward movement in motor rates could be scuppered by its competitors writing for volume and the activities of aggregators helping to ensure that "the cheapest price prevails"
Report reveals rising cost of fraud
Fraudulent insurance claims are now costing insurers and honest customers over £4 million every day, according to figures released today by the ABI. Initial findings from ABI research estimate the annual cost of insurance fraud to be £1.6bn.
Travelers buys $500m US Cat bond.
US insurance group Travelers has placed a $500m catastrophe bond programme, through a Cayman Islands special purpose vehicle called Longpoint Re.
GMAC buys Provident for £170m
GMAC Insurance, the insurance business of GMAC Financial Services, has today entered into an agreement to acquire Provident Insurance, the UK based automotive insurance division of Provident Financial.
AIR adds Carvill US wind index to its models
Carvill reinsurance intermediary in specialty reinsurance, has announced an agreement with modelling firm AIR Worldwide Corporation (AIR), to provide modelled support for its Carvill Hurricane Index (CHI).
Travelers acquires Lloyd's marine underwriter
Travelers today announced that it has purchased Galatea Underwriting Agencies Limited – the specialist Lloyd’s marine underwriting agency.
Indie trial delay
The trial of the three former directors of failed UK insurance company Independent Insurance has been pushed back by two weeks and will now be heard from Wednesday 30 May, according to sources. Administrative issues have forced the change to the original…
Electronic trading hub launched
A new electronic trading platform encouraging brokers and underwriters in the London Market to move to a paperless system has been launched.
Glacier hires ex Swiss Re exec as claims boss
Glacier Reinsurance has appointed Marcel Kutak as senior claims manager. He took up his position at the company on 1st May.