News
ABI urges reform of FSA enforcement procedures
The ABI (Association of British Insurers) has urged the Financial Services Authority (FSA) to improve its enforcement procedures so that they provide "greater transparency, objectivity and certainty".
Moody’s rates HSBC Argentinean subsidiaries
Moody´s has assigned first-time insurance financial strength ratings, on both a global-local-currency and a national scale rating basis, to HSBC New York Life Seguros de Retiro and to HSBC New York Life Seguros de Vida.
Brit announces senior appointments
Brit Insurance has announced the appointment of Toby Stubbs and Matthew Wilson to its property treaty and aviation teams respectively.
Ex-Skandia chief takes reigns at Abbey Insurance
Abbey has appointedof Paul Bradshaw as chief executive of its insurance and asset management division. Subject to FSA approval, he will join the company on 25 April and will sit on the bank's executive committee.
Cila's Tucker takes up Thornton role
Grant Thornton has appointed Angus Tucker as a senior manager within its Insurance Claim Solutions team. The appointment takes place with immediate effect.
US asbestos bill faces committee battle
The authors of a US bill to compensate asbestos victims have said that they are confident it would attract enough support to advance to the Senate floor and beyond, despite opposition in both parties.
Utley Cox takeover d-day verdict
Cox Insurance this morning announces that advanced discussions are continuing in relation to a proposed recommended cash offer on behalf of Duke Street Capital V Limited, Englefield Capital LLP and Neil Utley.However, the motor insurer stressed: “There…
DTI: union membership fell by 36,000 in 2004
The number of employees who are members of unions has decreased, according to a new report from the ...
Path to success: Broker Business Development
Matthew Reed, director of new business at Howden UK, reflects on his career to date
Sacrifice schemes demand planning
There are significant financial advantages to implementing salary sacrifice schemes but companies ne...
Moving on up
Creechurch Underwriting has relocated to 30 St Mary Ave, aka the Gherkin, to be in a "more prestigio...
Survey by WNS Assistance shows fall in vehicle theft
A survey by claims specialist WNS Assistance has revealed claims for vehicle thefts have fallen by a...
Chesterfield Group acquires Van Wagoner Companies
Lloyd's broker the Chesterfield Group has acquired managing agent Van Wagoner Companies, its first a...
Fraud database may save £50m a year
The Association of British Insurers has told members its prospective anti-fraud database could poten...
MCE appoints Bankstone
Specialist motorcycle broker MCE has appointed claims-handling company Bankstone to provide a full-s...
AA names partner for legal push
The AA's aggressive personal injury push will begin this summer after it joined forces with law firm...
Mary Francis to be appointed to the board of Aviva
Mary Francis, former director-general of the Association of British Insurers, is to be appointed to ...
BDML still reviewing a launch into commercial insurance
Broker BDML said it was still reviewing whether to launch into commercial insurance. The company sai...
Software Solutions Partners receives security sign-off
Software Solutions Partners has received I-market security infrastructure sign-off, allowing straigh...
What the papers said this week
The Daily Telegraph Capita's boss has sold £7.6m of shares, much of which he is understood to be us...
Bankhall to build on 5% GI share
Independent financial adviser service provider Bankhall is set to make a renewed push into general i...
Cunningham Lindsey due to pick up Queen's award
Cunningham Lindsey International is due to pick up the Queen's award for enterprise and internationa...
Bodily Injury Claims Management to hold conference
The Bodily Injury Claims Management Association will hold its first conference next month focusing o...
PPI mis-selling is FSA priority
The Financial Services Authority this week put the mis-selling of payment protection insurance top o...