News
Lloyd’s broker GAL sets ambitious targets following acquisition
A consortium led by Brian Fuller and Andrew Graham has successfully completed the acquisition of the Lloyd’s wholesale broker Griffiths & Armour, from its former owner Griffiths & Armour Holdings, and plans to achieve £100m in premiums by 2006.
St Paul Travelers announces Charley losses
St. Paul Travelers has announced that it estimates losses from Hurricane Charley to be approximately $140m, after tax and reinsurance.
FA kicks off deal with Davies Lavery
The Football Association Premier League has appointed Davies Lavery Solicitors to assist in its negotiations, advising on effective policy wording, to obtain centrally purchased personal accident and sickness cover for all Barclays Premiership clubs.
AM Best Co downgrades Converium
AM Best Co has downgraded the financial strength rating of Converium AG (Switzerland) to B++ (Very Good) from A- (Excellent) and the company’s issuer credit rating to “bbb” from “a-”.
Community Broking Group reports strong growth of profits
Community Broking Group has reported a 35% growth in profit to £104 000 on 2003 in its interim results for the 6 months ended 30 June 2004.
ABI hits out at EL accusations
The Association of British Insurers has hit out at media speculation that it has shelved a feasability report into employers’ liability claims for long-tail diseases. "There is no truth is these rumours at all" said an ABI spokesman.
Hiscox to roll out an electronic channel
Hiscox is to roll out an electronic channel for brokers to access its high net worth products by the...
Asda launches campaign in Fire Safety Week
A third of the damage done to UK homes by fires last year was not covered by home insurance, leaving...
Scor reveals first-half results
French reinsurer Scor revealed its first-half 2004 results reflected a steady improvement in the tec...
Heath Lambert: new PFA signing
Broker Heath Lambert this week revealed plans to grow ties with major sporting and entertainment org...
Cybersettle ready to pilot in UK
Blind-bidding dispute resolution company Cybersettle is understood to be weeks away from sealing its...
Penny Black's insurance week
Penny was pleased to hear that Peter Hubbard, chief executive of Axa, is engaged in charitable pursu...
Post Magazine launches a Financial Services Authority
Post Magazine has launched a Financial Services Authority minded to authorise list of suppliers, in ...
Insurer alarm as GPs lured in by claims-farming set
Insurers have criticised moves by personal injury lawyers to offer to share their fees with GPs in e...
Davies Group in nationwide search for loss adjusters
Loss adjuster the Davies Group has started a nationwide recruitment campaign, taking the step of inv...
Appointment at Homeowners Financial Administration
Third-party administration subsidiary Homeowners Financial Administration has made John Witcombe bus...
Bsure Testing launches asbestos self-testing kit
Bsure Testing has launched an asbestos self-testing kit, following a recent Health and Safety Execut...
Appointment at Riverbourne Group
Corporate insurance broker Riverbourne Group has appointed Andy Williams as account executive, to be...
Goshawk Insurance announces initial estimate
Goshawk Insurance announced its initial estimate of aggregate potential losses from Hurricane Charle...
What the papers said this week
The Times The UK's golfers could find themselves in the red unless they are covered on the golf cou...
Marine and transit law practice set up
A niche marine and transit law practice has been set up by former Davies Lavery Partner Kay Pysden. ...
Adjusters to access wordings site
The Chartered Institute of Loss Adjusters is to offer its members access to Xchanging's Market Wordi...
RMIF likely to go ahead with proposed forum
The Retail Motor Industry Federation said it was likely to go ahead with a proposed forum between in...
Jelf to cross-sell SME product to 10,000
Commercial broker the Jelf Group has launched personal financial services for small and medium-sized...