News
Norwich Union in new property outsourcing deal
Land Securities property outsourcing business, Land Securities Trillium, has today agreed a major deal with Norwich Union to manage and improve its core occupational estate.
Underinsurance rife among household art and antique collectors
Many household collectors of art and antiques are under insuring their home contens, according to a new survey by Hiscox and specialist fine art and private client broker, Aon.
Fusion plays Samaritan to policyholders' employees
Fusion claims to have become the first UK insurer to provide both free employee stress counselling and on-line advice for employers as part of all policies.
Cox moves to defend reserves strength
Cox Insurance Holdings has issued a robust statement rejecting recent press reports which cast doubt over its reserves and speculated on the real reasons for the termination of take over talks with insurer Highway.
CMGL Syndicate Management strengthens board
CMGL Syndicate Management Limited, a wholly owned subsidiary of Claims Management Group Limited, has announced three new appointments.
Heath Lambert UK MD given new role
Heath Lambert today announced it has appointed Adrian Colosso as group managing director.
Senior managers not confident dealing with absenteeism
A recent Marsh study of 950 companies in Western Europe (Survey of Risk 2004) reveals that 52% of respondents believe that staff absenteeism and turnover are significant risks to their business, but are not confident in knowing how to deal with them.
Flexible medical plan launched by HSA
HSA has launched a private medical insurance package which allows employers to pick and choose from a range of modules to satisfy their company and employee needs.
Helphire Group opens branch in Newcastle and appoints new managing director
Helphire Group has opened its 15th regional branch, in Newcastle. With another five branches due to open this year, the company anticipates recruiting more staff locally and nationally.
Demand for qualifications to increase, says CII report
Demand for qualifications is set to increase over the next five years, according to the results of the CII's Company Education Support report 2003, published today.
Marsh highlights stress risk
Senior managers must lead from the front when it comes to dealing with stress at work, according to Marsh.
GE ERC opens new HQ
GE's Employers Reinsurance Corporation (GE ERC) has opened its new global headquarters building in Kansas City, Missouri.
S&P makes Mercantile announcement
Standard & Poor's (S&P) has affirmed its ‘AA’ (very strong) counterparty credit and financial strength ratings on Old Republic Mercantile Insurance (Mercantile) and subsequently withdrew the ratings at the company’s request.
Pender in court over alleged unpaid business interuption claim
Telecommunications network Australia Japan Cable has sued Pender Insurance Limited, the former Cable & Wireless captive, for damages following its refusal to cover an insurance claim made in 2001 for loss of part of its cable network during construction.
Bennetts announces sponsorship drive
Motorcycle insurance specialist Bennetts has agreed a deal with Sky Sports to sponsor a number of the channel's motorcycling programmes.
Utley quits Cox - Fisher steps in
Neil Ultey, chief executive of Cox has resigned as both CEO and as a director of the group with immediate effect. The company recently tried to buy motor insurer Highway but talks between the two companies collapsed last month.
DTI: managers worry about tribunal stress
More than three-quarters of financial services employers worry about the financial implications of b...
Law changes confuse employers
Companies are struggling to get to grips with changes in employment law, according to First Assist. ...
Know your rights: This month - Information and Consultation
The Department of Trade and Industry has published draft regulations for implementing the Information and Consultation Directive. Saba Mozakka explains its new rights for employees
PIA calls for US flood legislation
The National Association of Professional Insurance Agents (PIA) has called on its members to contact their Members of Congress and to urge them to pass flood insurance legislation before the National Flood Insurance Program (NFIP) expires on June 30.
NU set to move jobs to Sri Lanka
Norwich Union will test a new facility in Sri Lanka and may move more positions from the UK to Asia next year. The operation in Columbo will initially employ 25 people in September in finance administration roles from the company's general insurance unit…
MCIS and Hiscox launch charity product
MCIS Limited, the charity specialist broker firm, has joined forces with leading high net worth insurer Hiscox to offer a household insurance policy with added features for charity trustees.
Call for Government to make visible car insurance discs compulsory
UK motorists could save hundreds of pounds a year if a long-awaited Government crackdown on motor insurance fraud is put into practice, according to UK & Ireland Insurance Services.
Final Paris terminal collapse bill still unknown
The collapse of part of a modern terminal at Charles de Gaulle airport outside Paris on May 23 could cost insurance companies hundreds of millions of euros with the majority of the bill being picked up by the reinsurance market, according to the…