News
Dry weather sparks fire risk
Ecclesiastical has warned that buildings with traditional thatched roofs face an increased fire risk as months of uncharacteristically warm conditions with below average rainfall in England and Wales have left thatched roofs drier than usual and so…
Brit appoints property treaty head
Brit Insurance has appointed Jon Sullivan head of property treaty reinsurance. He is expected to take up the role in the autumn.
BIA 2011 Achievement Award winner Scott: Market reaction
Having been crowned Achievement winner at the British Insurance Awards last night, a number of high profile market faces have today lauded Sandy Scott for his work at the Chartered Insurance Institute.
Amlin sees international cat renewal rates rise by 50%
Lloyd's insurer Amlin estimates net claims from the two major US tornadoes during April and May 2011 of approximately $50m.
Government insists it will not make "knee jerk" referral fee ban decision
The Government has insisted that while sympathetic to a ban on referral fees, it will not introduce one as a knee jerk reaction.
Antares appoints deputy underwriter
Antares has appointed Oliver Goodwin to the role of deputy underwriter in the marine excess of loss team.
Biba confirms Staddon exit at end of July
Peter Staddon will officially leave the British Insurance Brokers’ Association on 29 July, the trade body has confirmed.
Munich Re and Oxygen offer IP cover
Munich Re and Oxygen have joined forces to launch an intellectual property product.
Dexia signs Axa distribution deal for Turkey
Belgian-based Dexia has signed a 15-year exclusive agreement to distribute Axa's non-life insurance products through DenizBank's branch network, for a consideration of TRY55 million, equivalent to approximately €24 million.
Beazley appoints energy leader
Beazley has appointed Matthew Holmes to lead its energy team.
Aon names aviation head
Aon Risk Solutions (ARS) has appointed David Boyle as head of the aviation team Asia Pacific (Apac) region.
Munich Re and Oxygen offer IP cover
Munich Re and Oxygen have joined forces to launch an intellectual property product.
Dexia signs Axa distribution deal for Turkey
Belgian-based Dexia has signed a 15-year exclusive agreement to distribute Axa's non-life insurance products through DenizBank's branch network, for a consideration of TRY55 million, equivalent to approximately €24 million.
UK General capacity deal 'first of many'
The capacity deal signed between UK General and Lloyd's insurer Catlin is likely to be the first of many, as the Leeds-based underwriting agency looks to branch out into high-risk liability.
Affinity: Telecoms ready to take on banks
James Carpenter, head of insurance at O2, told delegates the telecommunications sector is gearing up to rival the banks as a provider of financial services and products.
Career development & CSR: Hastings supports safety with policy donations
Hastings Direct is supporting the 'Think Bike' motorbike safety campaign by donating £2 for every policy sold.
Affinity: Travel bucks trend as affinity share falls
Finaccord managing director Alan Leach has advised insurers that the affinity market is "not just about motor, household and travel" and to look for potential partnerships in niche segments. He pointed to accident & health, which he said has seen "steady…
Igo4 opens call centre
IGO4 has opened a new contact centre in Peterborough to handle renewals business from existing home and motor insurance customers and offline completion of aggregator quotes, after transferring business from BDML.
F&L quits ABI over Jackson support
Financial & Legal has become the latest legal expenses insurer to resign from the Association of British Insurers in protest against the trade body's support of the Jackson Review.
Cuts loom as Garwyn begins efficiency drive
Garwyn staff based in Durham and Peterborough face potential redundancy after the loss adjuster earmarked both of the branches for closure.
IFR costs to be revealed as police unit green-lit
Insurers are to be told how much they will have to contribute to the funding of the Insurance Fraud Register in the "coming weeks" with plans to roll out the register early next year.
Cash-back schemes eat into aggregators
The growing popularity of online cash-back schemes among personal lines customers is posing a threat to aggregator profits.
Editor's comment: Customer conundrum
Cuddly toy or cold hard cash? That appears to be the latest dilemma facing the insurance-buying public.
Staddon to leave Biba
The British Insurance Brokers' Association's longstanding head of technical services Peter Staddon is set to depart the trade body. Mr Staddon began his insurance career in 1971 as a broker and joined Biba in 1996 to establish the technical services…