News
CII urges insurers to sign internship pledge
The Chartered Insurance Institute has launched its first good practice guide for internships in the general insurance and financial services professions.
Co-op Insurance delivers £45m operating profit
Speaking to Post after the release of its results for the year end 2011, and following the announcement that Co-operative Legal Services has been granted Alternative Business Structure status, director of general insurance at Co-operative, David Neave,…
Lloyd's says Solvency II delay will avoid applications gaps
Lloyd's has rejected claims it is struggling to prepare its Solvency II internal model submission for the Financial Services Authority, claiming there will be "no gaps in the applications" by the July submission deadline.
UK Supreme Court rules on asbestos trigger
The UK Supreme Court has put an end to years of uncertainty regarding asbestos payouts, ruling that the trigger date for mesothelioma claims is the date of exposure.
Allianz mans Sport Relief phone lines
Allianz opened its Bristol contact centre in Aztec West last Friday to run donation telephone lines for Sport Relief 2012.
Plexus Law team appointed to Met panel along with five other firms
Plexus Law's national police team has been appointed to the Metropolitan Police's external legal panel to specialise on civil litigation advice alongside Weightmans and Clyde & Co.
Buyer found for insolvent loss adjusters' contractor
A building contracting firm that worked on Crawford & Company, Merlin and LAS claims went into administration on Friday but was snapped up by another contractor six days later.
Vienna Insurance increases dividend after €559m record profit
Vienna Insurance Group's increased its profit by 10.1% to €559m, making 2011 the most profitable year in the group's history.
Powerplace not a top five priority, admits Towergate CEO Hodges
Towergate chief Mark Hodges has declared that Powerplace is not even in the top five of his priorities at the insurance broker.
Davies and Charles Taylor still settling large riot cases
Charles Taylor Adjusting and Davies, appointed by the Metropolitan Police Authority to handle riot-related claims, have defended the time it is taking to settle the cases, stating the larger ones are complicated.
European Parliament wants EU-wide sanctions for cyber crime
Cyber attacks on IT systems will face criminal-law sanctions, according to a report by the Civil Liberties, Justice and Home Affairs Committee of the European Parliament released today.
Insurers and brokers sign up to CII internship good practice guide
The Chartered Insurance Institute has launched its first good practice guide for internships in the general insurance and financial services professions.
Mapfre buys bank's stake in Mapfre America for €244m
Spnaish savings bank Banco Financiero y de Ahorros has agreed to sell its 10.36% stake in Mapfre America to the insurer's parent company for €244m.
The British Insurance Awards: Is this your year to shine?
Are you consistently committed to meeting customer needs and delivering a high quality service across all your lines of business?
Career development: Marsh training course gains accreditation
Marsh's series of energy insurance training courses have been accredited by the Chartered Insurance Institute following a six-month CII assessment, which included a review of the learning and evaluation materials, training sessions and the course leaders.
Career file: Danielle Lisenbey named Broadspire CEO
Crawford & Company firm Broadspire has appointed Danielle Lisenbey as its new chief executive.
Law report: Assessing costs in infant claims
This law report has been contributed by national law firm Berrymans Lace Mawer.
Personal injury firms feel pinch as pressure to consolidate intensifies
The sudden demise of Manchester-based personal injury law firm Donns, with ongoing cases sold on and all staff made redundant, has been hailed as a portent of market shake-up and consolidation, with other firms set to be swallowed up.
Axa starts with Blanc slate to help steer commercial business around
Brokers continue to experience a "lack of connectivity" with Axa Personal Lines, despite Commercial Lines getting a glowing report since Amanda Blanc joined to head up the business just over a year ago.
Omega international appeal soars following CNA £143m bid for Hardy
CNA acquiring Hardy could trigger a rush by international players to purchase Omega in a bid to access Lloyd's, analysts have predicted.
Market moves: Aviva shuffles its underwriting pack
Aviva was the major recruiter in the insurance industry this week, announcing a raft of changes to its underwriting team. The insurer promoted four staff to new positions while adding a further employee to the unit.
Penny speed meets ... Gary Humphreys, group underwriting director, Markerstudy
Being an insatiable socialite, Penny Black is always eager to probe the personalities behind the professional veneer of her industry friends.
Career development: BGL targets graduates
BGL Group has joined forces with a host of UK universities to promote insurance as a career for graduates. The initiative has targeted maths and statistics students for positions in pricing, product development and analysis.
Claims Roundtable: How can insurers innovate to win the retention race?
In the toughest economic environment for years, companies have to prove they have a competitive edge when it comes to handling claims.