News
New entrant in price boast
Quinn Direct today revealed that it has acquired over 20 000 customers for its "low cost motor insurance" since its launch in the UK in early February 2005. The company said it is currently gaining around 1000 motor customers a week with half of its…
AIA calls for better approach to regulation
The American Insurance Association (AIA) has urged state insurance regulators to change their chaotic and costly approach of individual states issuing investigative subpoenas whenever an insurer comes under scrutiny.
Independent Insurance: the liquidator speaks
The joint provisional liquidator of Independent Insurance Dan Schwarzmann has written a letter to update policyholders on the progress as regards the future of the Provisional Liquidation of the company. As a result of the work since the provisional…
New study looks at US MedMal awards
US medical malpractice awards are increasing in line with health care costs and are probably not the main driver of soaring malpractice premiums as portrayed by many doctors, according to a new study.
Highway broker business aiming for 100 000 policies
Motor insurer Highway has added another 5,000 policies to its fast growing retail division by acquiring a personal lines book of business from broker LRG Insurance Services.
Turner to replace Finn at Brit
Brit Insurance has appointed Jonathan Turner to head its reinsurance operations. Mr Turner will be taking over from Richard Finn who shortly retires after many years with the Group.
NU boss lauds Ebay potential
The head of one of the UK's leading affinity insurers has predicted that non-insurance internet brands are likely to represent one of the most fruitful areas moving forward.
On the starting grid
Formal graduate schemes are back in favour. Rachel Gordon looks at what different company schemes have to offer and speaks to the graduates in question
Heath Lambert raises £20m war chest but closes pension
Broker Heath Lambert's immediate future appeared safe this week after it secured a war chest of £20m...
Appointment at Aon
Aon has made Eric Hagman non-executive chairman of the company's risk services division in Scotland....
Top 50 broker shutdown raises new concerns
Further discrepancies concerning client and insurer monies held by brokers could be set to emerge in...
Broker takes on Marsh team in £5m push
Independent Lloyd's broker Crispin Speers and Partners is starting an aggressive recruitment push to...
Appointment at Highway
Motor insurer Highway has appointed Alexander Connon and Steve Halliday as regional account managers...
Fraud Bill finally drafted
The publication of the government's long-awaited Fraud Bill was overshadowed by concerns that the po...
Appointment at Sectornet
Insurance broking systems provider Sectornet has promoted Ian Gibbard to the role of business develo...
Appointment at Quest Gates
Graeme Shurben, business development director at GAB Robins, is to join Quest Gates, where he will t...
Allianz points to German claims model
Mihir Pandya, claims fraud manager at Allianz Cornhill, made an impassioned plea for the UK insuranc...
New York authorities file civil lawsuit
Authorities in New York have filed a civil lawsuit against AIG and two former top executives, claimi...
Financial Services Compensation Scheme lowers contributions
The Financial Services Compensation Scheme last week lowered insurers' contributions to the scheme f...
Brokers face prison through ignorance
The insurance market needs to address its vulnerability to money laundering, as it is "only a matter...
Appointment at Holman Fenwick and Willan Holman
Fenwick and Willan has elected five new partners: Jim Cashman, Julian Clark, Craig Neame, Samantha R...
Events
2 June - Infoline Conference - Claims Reserving for General Insurers, London. Tel: 01323 430816 - E-...
New office for Catlin
Lloyd's insurer Catlin plans to open a new office in the Channel Islands. Catlin Guernsey will write...
Insurer denies takeover link
Warranty insurer Domestic and General has vehemently denied rumours linking it with a slew of takeov...