News
Penny Black's insurance week.
Penny was delighted to be invited by US insurer Chubb to attend the opening day, last week, of the w...
Cloudy skies ahead?
The current climate of hefty compensation payouts has left many insurers in shock, while others believe the worst of the storm is over. Richard Adams warns that complacency is not an option.
Appointment at Beazley.
Lloyd's syndicate Beazley has appointed four new members of staff. Steve Bashford, Richard O'Donovan...
Prudent planning.
Insurance companies will have to identify adverse scenarios in which any of - or a realistic combina...
Allianz Cornhill profits down
Cornhill Insurance today blamed poor international market conditions and £20m flood losses in the fin...
MMA moves in on motor trade as rates rise.
Reading-based insurer MMA has bucked the market trend with the announcement of marginal motor trade ...
Visible means of support.
There is some reticence about the technological revolution making the claims process visible to all parties via the net, despite the savings of time and cost on offer. Veronica Cowan asks whether those involved fear being exposed as the weakest link in…
Alleghany Underwriting: parent loses £26m.
Lloyd's managing agency Alleghany Underwriting denied, this week, that its future was under review, ...
Appointment at Marsh.
Marsh UK has taken on Stephen Mooney as its regional director for the northern region. He will be ba...
Intangible insurance.
Insurance broker Alexander Forbes Professions has welcomed the introduction of tax relief on intelle...
Appointment at Hart Owens.
Sheffield-based Hart Owens Risk Management has recruited Gillian Hall to complement its team. She ha...
Policy Master looks for link ups.
Insurance software specialist Policy Master, which signed a partnership deal with Towergate Underwri...
What's at stake?
With less than a month to go before stakeholder pensions go on sale, Legal & General reports that 74...
Appointment at Ward Evans.
Ward Evans has appointed Roger Snowden to the board of Ward Evans Direct, the most recently formed o...
Space capacity crashes in wake of losses
Insurance capacity for space risks is falling, according to Benito Pagnanelli, the deputy general man...
Time's nearly up.
Fraudsters may be on borrowed time, following the introduction of simple fraud-busting initiatives, which look set to move the balance of power back in insurers' favour. Edward Murray investigates.
Appointment at NIG.
NIG has expanded its information technology department with the appointments of Graham Billett and F...
NU: windfall rap.
The UK's biggest insurer Norwich Union has been singled out for criticism in the run-up to a crucial...
Law firms switch insurer at renewal.
This September's renewal season for solicitors' professional indemnity could see a number of law fir...
APIL calls for rescue package.
The Association of Personal Injury Lawyers has slammed the announcement that asbestosis victims seek...
Appointment at Friends Provident.
Graham Harvey has moved to the position of director of e-commerce at Friends Provident. He joined th...
Going down a storm.
Niche players are emerging to fill gaps left by the consolidation in the loss adjusting sector. Jane Bernstein reports on one specialist firm that has benefited from an influx of work on the back of the recent storms.
Cox staff affected after high net worth withdrawal.
Cox Insurance has withdrawn from the high net worth market, resulting in the closure of its Cox Unde...
IIB fights on.
The Institute of Insurance Brokers has welcomed the GISC's decision to set a dead-line of 1 Septembe...