News
European insurance shares fall in wake of Spitzer
European insurance stocks have fallen in the wake of New York attorney general Eliot Sptizer's accusations that Marsh & McLennan took lucrative payoffs for steering unsuspecting clients to some insurers.
Ace responds to Marsh lawsuit
Ace has issued a statement in connection with the action announced yesterday by the New York Attorney General against broker Marsh.
Broker makes city centre move
Henderson Insurance Brokers says its continued expansion has led it to relocate to larger premises within Lincoln.
Davies quits Highway board
Stuart Davies has resiged from the board of Highway Insurance Holdings with immediate effect.
RSA in wholesale claims shake up
Royal & Sun Alliance today outlined a transformation programme for its claims department which it hopes will help it cut claims settlement times by half within three years.
UK listed broker responds to subpoena
International broker Benfield, which has seen its share price fall 3.6% today to 253.50 pence, has said it will aid Elliot Spitzer’s investigation into commissions after New York’s attorney general issued the company’s US unit a subpoena.
Ryan apprenticeship scheme for under-25s
Insurance broker Ryan has launched a modern apprenticeship scheme for staff members under the age of...
High demand for skilled insurance people
Careers Clinic
Path to Success: Loss adjuster
Victoria Rollo is enjoying the challenges posed by working for loss-adjusting group Ashworth Mairs
TUC report defends invalidity benefits
The government has been warned against cracking down on invalidity benefits claimants, in an attempt...
CII puts on November course to meet FSA needs
A training course aimed at anyone who will be responsible for the practical application of the FSA’s rules and guidance on Training & Competence from January 2005 has been launched by the Chartered Insurance Institute.
Bric lauds OFT move
The Body Repair Industry Campaign has applauded the Vehicle Builders and Repairers Association for securing approval from the Office of Fair Trading for its consumer code of practice.
Marsh strengthens Southampton office
Marsh has appointed Russell Watt as a business risk consultant in the company's Southampton office. Working within the corporate development team, he will focus on developing Marsh's business in the Southern Region.
ABI calls for government commitment on flooding
The Government needs to take concerted action now to minimise the impact of increasing flood risks over the next 50 years according to the Association of British Insurers and law firm Charles Russell.
Speed of handling claims a concern for insurance market
Concerns over the speed of handling claims is a far bigger issue than previously thought, according to a survey by TrustAssured, part of The Royal Bank of Scotland Group.
Heath Lambert Construction appoints former Aon Director
Heath Lambert Group has appointed Aon Director Bob Wallace as executive director of its construction division.
SME completes fifth acquisition
SME Insurance has completed two more acquisitions, G A Hinks (Northern) Ltd and MCC Insurances, making a total of five acquisitions over the past two years.
Government confirms sole trader EL exemption
Sole traders will no longer have to buy employers’ liability insurance from next year, following a Department for Work and Pensions consultation on whether to remove the requirement, the government announced today.
FSA's Strachan sets out views on Solvency 2
David Strachan, the Financial Services Authority's sector leader for insurance, speaking today at the European Insurance Summit has outlined his thoughts as to what the EU's plans for insurance reform should look like.
Slip standards improve further at Lloyd’s
Iain Saville, Lloyd’s head of business process reform, has confirmed a further improvement in slip quality but urged the market not to let up in its drive to improve quality as it enters the renewal season.
Lawrence Scoffield & Co joins Willis Commercial Network
Leeds broker Lawrence Scoffield & Co has joined the Willis Commercial Network. Paul Lawrence, managi...
Polaris in process of developing electronic cover notes
Polaris is in the process of developing electronic cover notes for brokers through its imarket syste...
Barnett and Barnett in the acquisition mood
Commercial broker Barnett and Barnett is to commence a new acquisition strategy, with its first deal...
Axa will replace lost market volume
Axa UK has predicted that it will replace the personal lines volume it lost through the sale of Axa ...