News
Beazley introduce Side A protection 'Beazley Armour'
Lloyd's (re)insurer Beazley have introduced Beazley Armour, a Side A policy form designed to provide exceptional protection for directors' and officers' and, on an excess basis, a seamless fit over traditional D&O programs.
156 vehicles seized in major motor fraud operation
The Motor Insurance Database has been used by six UK police forces in a successful criminal operation.
CFC addresses PCI requirements
CFC Underwriting has launched the first Professional Indemnity (PI) policy for IT Consultants and Security Assessors around the world that meets the Payment Card Industry Security Standards Council’s (PCI) requirements.
Colombus moves into home and motor insurance
Travel insurer, Columbus Direct, has moved into home and motor insurance with the message – “we won’t sell our own policies.”
US P&C rates fell by 12% in March - report
US property and casualty rates declined 12% in March 2008, according to US-based electronic insurance exchange Market Scout.
Insurer expands disease cover
Health insurer Bupa International is expanding its cover for chronic diseases.
RMS strengthens catastrophe modelling team
Risk Management Solutions has appointed Raj Manghani vice president of underwriting solutions product management.
Healthcare provider takes advantage of social networking site
Healthplan provider HSA has launched a Facebook personal planner.
Swiss Re UK CEO presents FSA with regulatory 'wish-list'
Swiss Re’s UK chief executive has presented a regulatory “wish-list” to the Financial Services Authority’s Annual Insurance Sector Conference today.
SSP in Asia-Pacific acquisition
SSP has strengthened its grip on the Asia-Pacific general insurance market with the acquisition of IT business Insure/90 from CSC Computer Systems.
Lawyer sticks up for victims rights
The new Association of Personal Injury Lawyers president is to defend people’s right to compensation at the organisation’s annual conference.
Rehabilitation register call
Rehabilitation body BIMCA has called on all the solicitors and insurers signed up to its register supporting the Rehabilitation Code to update their details. It is also calling on providers signed up to its quality standards to do the same.
Cardif Pinnacle acquires warranty provider
Cardif Pinnacle has acquired a majority shareholding in Warranty Direct, a provider of personal extended warranties that protect consumer‘s cars and electrical appliances via its website www.warrantydirect.co.uk.
Bright Grey adds Indexation to CI and Life Cover Policies
Bright Grey has added an indexation payment option to its critical illness and life policies.
Bright Grey adds Indexation to CI and Life Cover Policies
Bright Grey has added an indexation payment option to its critical illness and life policies.
Federal judge asked to move back sentencing for Gen Re, AIG execs
Prosecutors have asked a federal judge to move back the sentencing date of five former insurance executives convicted in February of securities fraud for one month to allow more time for a government expert to prepare a report on the loss amount used in…
Equity strikes fraud management deal
Equity has appointed Absolute Fraud Management to provide its fraud management solution based on cognitive interviewing on a two year exclusive contract. The appointment follows a six month pilot scheme.
Claims company diversifies into glazing with new subsidiary
As part of its strategy to diversify into new markets, drainage specialist UKDN has launched UKGN – the UK Glazing Network.
Direct to offer Arc legal services
Legal costs insurer Arc Legal Assistance has been appointed to provide a family legal expenses cover and range of legal services to clients of Direct Group.
Tunnicliffe to take up Kiln role
R J Kiln and Co has announced that Lloyd Tunnicliffe is joining Kiln with a view to his becoming active underwriter of Kiln Syndicate 807, succeeding Stephen Mathers who is expected to retire at the end of this year.
Four more London authorities snub insurance sector
Four London boroughs have joined Local Authorities Mutual on 1 April, its first anniversary. They are Croydon, Camden, Haringey and Lambeth, bringing the total of full participating members to seven with others planning to join over the next three years.
Dual reports rise in GWP
Dual International has reported a 17% increase in gross written premium from 2006, reaching €104m for the financial year to September 2007.
ABI calls for flood resilience kite mark
A new flood resilience kitemark is needed for housing developments planned in the floodplain, the Association of British Insurers said today. The voluntary kitemark would set minimum construction standards, such as the use of water-resistant building…
Novae launches new product
Novae Insurance has revealed the launch of a new product tailored for the IT industry.