News
Blackham launches Endorphin to invest in brokers and MGAs
Former broking partners Chris Blackham and Geoff Bradford have announced their return to the insurance market through the formation of the Endorphin Group.
RICS appoints Howden as its preferred PI broker
The Royal Institution of Chartered Surveyors has appointed specialist Lloyd’s broker, Howden, as its preferred UK professional indemnity broker. This is the first time that the RICS has appointed a preferred broker for this type of insurance.
Solvency II to have far-reaching impact
Fitch Ratings has said that it expects Solvency II, the European Union's new insurance regulatory regime, to have far-reaching effects on insurers, with both positive and negative credit rating implications.
Claims firm expands into glazing
Imperial Consultants has expanded its service offering to include glazing validation.
Former Lloyd's director Tolle joins Beazley
Rolf Tolle is to join the board of Beazley Furlonge, the Lloyd’s managing agency that forms part of Beazley, the company announced today. The appointment is subject to regulatory approval.
Canopius promotes four in Lloyd's
Canopius Group has announced a number of promotions following a review of its senior management organisation at its Lloyd's platform, Canopius Managing Agents.
Solvency II to have far-reaching impact
Fitch Ratings has said that it expects Solvency II, the European Union's new insurance regulatory regime, to have far-reaching effects on insurers, with both positive and negative credit rating implications.
Broker network director warns intermediaries over claims farming
1 Answer Network business development director Trevor Cutts has criticised the practice of claims farming for ‘undermining the claims process and the integrity of the industry’.
Generali’s Sergio Balbinot elected new CEA vice-president
At the CEA’s general assembly held in London on 10 June, Sergio Balbinot, managing director of Generali, was elected vice-president of the federation.
Former Lloyd's director Tolle joins Beazley
Rolf Tolle is to join the board of Beazley Furlonge, the Lloyd’s managing agency that forms part of Beazley, the company announced today. The appointment is subject to regulatory approval.
Marsh: more companies adopting sustainability strategies
As demand grows from consumers, investors and governments for businesses to become more sustainable, companies are beginning to change their strategy and planning.
Fusion founders Pallett and Crisp back with Aspen MGA
Aspen Insurance UK has announced today that it has appointed Kevin Pallett and Geoff Crisp to launch a range of new insurance and risk management products for selected brokers and their clients in the UK market.
"Softer" skills key for risk managers finds Ace survey
Risk managers who can demonstrate a mastery of the so-called ‘softer’ skills are increasingly one step ahead of their peers when it comes to unlocking the door to the most senior risk management roles.
Broker Jelf records £616 000 interim loss
For the six months ended 31 March 2010, insurance broking group Jelf this morning reported a loss of £616 000, an improvement on the same period in 2009 when this was £994 000.
Marsh: more companies adopting sustainability strategies
As demand grows from consumers, investors and governments for businesses to become more sustainable, companies are beginning to change their strategy and planning.
"Softer" skills key for risk managers finds Ace survey
Risk managers who can demonstrate a mastery of the so-called ‘softer’ skills are increasingly one step ahead of their peers when it comes to unlocking the door to the most senior risk management roles.
Charles Trent selected by Insure The Box
Charles Trent has been selected as the nationwide salvage partner for new insurer, Insure The Box.
Sign up now for the Prince's Trust Insurance Cup
Calling all insurers, brokers, reinsurers and suppliers - enroll a team now in the annual Prince's Trust Insurance Cup six-a-side competition which will be held at Regent's Park on the 16 September.
US west coast at risk of “mega-quake”
The west coast of North America, the Lesser Antilles, Chile, Sumatra and Japan are all at risk from subduction zone “mega-quakes” in the near future according to Professor Bill McGuire of the Aon Benfield UCL Hazard Research Centre.
Hiscox appoints Bermuda CFO
Hiscox has appointed Krystalle Tobin as CFO for its Bermuda business.
Risk managers urged to consider insurance for M&A deals
There are signs of resurgence in the mergers and acquisitions market after the comparative down-turn in 2008 and 2009, with the number of warranty and indemnity policies written by Chartis Insurance in the UK in 2010 forecast to increase by more than 100…
Total Objects lands London Market project
Insurance software provided Total Objects has been selected to manage the ECF2 Market Acceptance Testing project for the London Market.
XL launches claims service
XL Insurance has launched Exclaim, a claims defensibility advice service developed to help companies manage their liability risks and provide a robust claims management process.
Commercial insurance prices remain level for fifth straight quarter
A fragile global economy, excess capacity in virtually every line of commercial insurance and last year's below-average catastrophic losses combined to keep commercial insurance prices flat during the first quarter of 2010, according to global…