News
Credit hire malpractice high
An investigation by the Brownsword Group has uncovered high levels of malpractice within the credit hire industry.
Fraudsters banned from financial services
Three men involved in a scam to defraud Markel and QBE of millions of pounds have been banned from working in financial services.
Editor's comment: In search of a CEO
The news that Travelers chief operating officer Tony Dilley has left the UK business this week raised questions again about how the hunt is going for a successor to Martin Hudson, the business' CEO who departed in October 2009.
Heath and BDML wait on Admiral
Admiral has signalled its intent to underwrite household products from 2011, in a move that is set to impact its current white label arrangements.
BMW in rehabilitation deal
Motor manufacturer BMW is poised to save up to £3m after signing up to a back-to-work scheme offered by XL Insurance and rehabilitation specialists IPRS.
IFB heralds Burnley fraud ring success
The Insurance Fraud Bureau and Lancashire Police have convicted a fraud ring targeting insurers in Burnley.
COO follows CEO out of Travelers UK
Travelers remained tight-lipped this week on the future of its UK management after it was hit by a second senior departure in less than a year when Tony Dilley stepped down as chief operating officer.
Quinn faces huge claim after burger factory fire
Beleaguered insurer Quinn is set to face a significant claim after a factory used by fast food giant Burger King was destroyed by fire, it has emerged.
Contract law in consultation
The Law Commission is considering amending insurance contract law to allow insurers to seek damages from fraudulent policyholders.
Allianz head urges SRA to take PI action
Allianz head of financial lines Mark Carver has accused the Solicitors Regulation Authority of "burying its head in the sand" over the growing problems associated with professional indemnity insurance for the legal sector.
Aggregator set to prosper
Go Compare chief executive Hayley Parsons has claimed profits will double this year after the aggregator moved into the black for the first time since inception and repaid its loan facility early.
Aviva tender sees three million policies switched
Arc Legal Assistance is set to take over Aviva's home and travel legal expenses book from rival provider DAS.
HNW return for John Sims
Former Chubb Europe personal lines manager John Sims has returned to the high net worth market as a consultant with Sterling.
Knowles joins in MMA management shake-up
Former general insurance boss of the Chartered Insurance Institute Peter Knowles has been appointed head of UK development at MMA following a management shake-up at the French-owned insurer.
EC proposals 'unnecessary'
CMS Cameron McKenna has responded to the European Commission's proposals for insurance guarantee schemes that could lead to the break-up of the the Financial Services Compensation Scheme.
Ecclesiastical repeats theft alert
Ecclesiastical has renewed its warning that many of the country's churches and buildings are being systematically targeted by criminals for their valuable metal.
Singapore insurance market poses threat to London warns Marsh
The London market needs to think about how it is responding to the expanding Singapore market if it is going to be competitive with rates.
Irish public liability claims hit €33m
The total value of public liability awards made by the Irish Injuries Board in 2009 was €33m.
Online health entrant aims to shake up market
Westfield Health has launched a consumer product under a new brand in what it claims will be a significant development in the health insurance market.
EC proposals 'unnecessary'
CMS Cameron McKenna has responded to the European Commission's proposals for insurance guarantee schemes that could lead to the break-up of the the Financial Services Compensation Scheme.
Irish public liability claims hit €33m
The total value of public liability awards made by the Irish Injuries Board in 2009 was €33m.
RSA appoints renewable energy underwriter
Insurer RSA has appointed Soledad Vitale as a renewable energy underwriter.
Former Capita manager joins listed outsourcing firm
Resources in Insurance Group has appointed David Codling as consultant, claims and development.