News
Axa says it can deliver in the UK without major acquisitions
At an 'investor day' presentation on Thursday 21 June outlining Axa's UK strategy, Nicholas Moreau, group chief executive of Axa UK said the French insurer can meet its targets "without any major acqusitions." He added, "Axa UK has built the foundation…
Treasury sets out plan to reform Lloyd's Act
A ministerial statement from Ed Balls, economic secretary to the treasury, made public today in the Commons, has announced the Government's decision to develop legislative proposals to modernise the governance arrangement for Lloyd's.
FSA publishes 2006/07 Annual Report
The Financial Services Authority (FSA) today published its Annual Report for the year 2006/07.
Onlyinsurance.com claims appointment coup
Onlyinsurance.com has recruited former InsureandGo group sales manager and BUPA national development manager Ian Hall to the newly created position of head of personal lines.
Allianz in CBG share purchase
Allianz Insurance has purchased 340,000 ordinary shares of 4 pence each in CBG. This takes Allianz’s holdings in the broker to 675,000 shares, approximately 5.6% of the company’s current issued share capital.
Guy Carp to mandate paperless claims in some classes
Guy Carpenter is to mandate the use of the Electronic Claims File (ECF) for in-scope claims for all Lloyd's markets from January 1, 2008.
Crawford launches new specialist arm
Crawford & Company has launched an new arm, Crawford Esteem, aimed at the high net worth market.
Aviva unveils new GI banking tie up
Norwich Union parent Aviva has announced an exclusive long-term bancassurance partnership in general insurance and protection with Banco Popolare. It gives Aviva access to more than 5 million potential customers through the third largest branch network…
US judge awards broker $5m damages. Insurer gets $1
A Connecticut court has found in favour of Carvill America in a dispute with XL Specialty Insurance Company.
Young workers 50% more likely to be injured
Employers should take measures to safeguard the health and safety of young people in the work place,...
Top bosses reject "petty rivalry"
A report by the Chartered Management Institute is attempting to shatter the myth that 'to get ahead,...
Time to test yourself
A selection of questions from various past-CII qualification papers
Pick of the Week
Anthony Gould editor in chief of Post Magazine provides a run down of the major news in the general i...
Broker eyes £10m target after Giles director swoop
Broker Johnston Park McAndrew could break the £10m premium barrier within two years according to its...
Director joins Lloyd's
Lloyd's has appointed Jose Ribeiro as its new director of international markets and business develop...
£750m a year needed for flood defences, says ABI
The Association of British Insurers has published of its climate change adaptation manifesto, hoping...
NCR saves £500,000
National Car Rental has saved over £500,000 in successfully defending fraudulent insurance claims in...
TCF fines to rocket as FSA cranks up the heat
Treating Customers Fairly breaches now feature in 40% of all fines imposed by the Financial Services...
Appointment at NIG
NIG has recruited Steve Mayne to the position of distribution implementation manager. The appointmen...
Appointment at Aon
Aon in Sheffield has appointed Donald Morgan as client management director, replacing Eric Thorpe, w...
Arista Bristol appointment
Arista has appointed Dawn Hopson to its underwriting team in Bristol. Ms Hopson, previously employed...
Zurich fills local gov role
Zurich Municipal has appointed Andrew Jepp to the newly created role of head of local government. In...
Contract guidelines clarified
The Contract Certainty Steering Committee has united its guidance for the subscription and non-subsc...
Appointment at Safety Assessment Federation
The Safety Assessment Federation has appointed Phil Moore, head of engineering at Zurich Risk Servic...