News
Nicholls to take over as CEO of loss making Aquilo
Claims services company Aquilo today reported a loss for 2003 and admitted that it has been through a difficult period and that "getting the business into shape has taken longer than originally forecast due to the time needed to create new revenue…
First casualties of HHH closure
Andy Powell, insurance relation director and Gareth Lloyd, IT director in Hill House Hammond’s (HHH) Bristol headquarters are set to become the first casualties of Norwich Union’s (NU) controversial decision to sell the broker, reports James Salmon at…
Trade bodies announce merger to tackle personal injury claims
The Claims Standards Association and the Personal Injury Federation have agreed to join forces to form one body that aims to develop a code of practice for companies offering personal injury and claims services.
Swiss Re set to buy CNA Financial book of business
Swiss Re is set to acquire Chicago-based CNA Financial’s book of individual life insurance policies for an estimated $690m.
NU shuts high street broking arm HHH
Norwich Union this morning announced that it plans to close high street broking subsidiary Hill House Hammond. The Bristol-based broking giant employs over 2000 people.
RSA launches new broker marketing campaign
Royal & SunAlliance has launched a new marketing communications campaign – ‘We can’t help helping’ aimed at commercial lines brokers.
Vega makes first acquisition
Acquisitional broking group Vega Insurance Services has made its first acquisition, buying Preston-based Abacans which has a premium income £9m.
Appointment at Ace
Ace has appointed Neal Haywood as senior property underwriter for its multinational property book....
SunGard Availability Services wins contract
SunGard Availability Services has won the Royal & Sun Alliance contract for all of its UK workplace ...
The Comite Europeen des Assurances lends its support
The Comite Europeen des Assurances has lent its support to the European Road Safety Charter, launche...
Appointment at Community Broking Group
Community Broking Group has appointed John Sowerbutts as manager of the company's risk management ...
Lloyds TSB plans expansion with online deal
Lloyds TSB Insurance has signed a two-year, six-figure deal with Tiscali UK, the internet communicat...
Run-off reaches an early settlement
Administrators of Kwelm Insurance, the world's largest insolvent run-off, have agreed with creditors...
Lloyd's renews ISO agreement
Lloyd's has renewed its licencing agreement with Insurance Services Office for underwriting and clai...
Appointment at Budget Insurance Services
Budget Insurance Services has appointed Suzan Tew to head up the company's contact centre operatio...
Merger will create second-largest US commercial insurer
The merger of The St Paul and Travelers, which will create the second-largest US commercial insurer,...
RSA on track to go global
Royal & Sun Alliance is looking to launch its new global risk division by the start of the April, ha...
Insurers face new liability threat
Insurers were warned this week that there is no reason why the reduced causation test used for mesot...
£180m deal ends talk of flotation
Premium Credit is looking to extend its services to brokers and insurers by offering a collection an...
Managing agency in shake-up
Caribbean financial services company Guardian Holdings has made its first foray into Lloyd's by agre...
Fraud Focus
The DVLA's new rules on car registration look set to make fraudsters' lives more difficult, says Jamie Taylor.
Merger creates new London market giant
Xchanging has completed the protracted acquisition of insurance software firm RebusIS, after months ...
Brit turns to Ireland in legal expenses bid
Brit Insurance is making a greater play for the historically troubled legal expenses market, with a ...
Eureko's fortunes up following restructure
Pan European insurer Eureko said this week it expects a turnaround in its fortunes, with net income ...