News
FSA fines Capita £300 000 on fraud charge
The FSA has fined Capita Financial Administrators Limited (CFA), a third party administrator of collective investment schemes, £300,000 for poor anti-fraud controls over client identities and accounts. The matters set out in this notice refer to the…
New motor claims boss at RSA
Royal & SunAlliance has announced the appointment of Ian Thompson to the newly created role of head of motor operations – claims services. Ian will begin his role on 3 April, having worked for R&SA for the last 12 years in a variety of global and UK…
Fortis profits up 22%
Fortis UK has reported 2005 pre-tax profits increasing by 22% to £66.4 million; the figures include over-50s insurer RIAS and affinity provider OutRight.
PMA launches work rehabilitation service
PMA has established a rehabilitation service with Independent Case Management Consultancy (ICMC) to offer a rehabilitation and get-you-back to work service branded Fit2Work. It will initially be provided to the Payment Protection claims sector of the…
Impact appoints new A&H underwriter
Impact Underwriting has announced the appointment of Katherine Newberry as accident and health underwriter.
Appointment at Multiassistance
Multiassistance, the UK repair and improvement company, has promoted Scott Stewart to manage the recently refocused UK Control Centre.
Amazon and Google are insurance industry’s biggest threat
The insurance industry’s greatest competitive fear is the entry into the market of internet suppliers such as Amazon and Google, according to a study.
Dressed to impress
Information that is presented clearly can make the world of difference but all too often reports are indecipherable, impenetrable and uninviting. Jon Moon explains how to make information work for you
Cooper Gay profits increase
Broker Cooper Gay reported turnover and other operating income was up 12% to £58.4m (2004: £52.1m), ...
ABI and Citizens Advice reiterate calls for reform
The Association of British Insurers and Citizens Advice have reiterated calls for a wider reform of ...
Equity rebrands and opens new island base
Equity Insurance Brokers will rebrand its broker network from the beginning of May. The broker's 61...
Appointment at RK Harrison
RK Harrison has made Steve Thornett head of its UK commercial operations. Mr Thornett was formerly m...
Beazley's US move not a ploy
Lloyd's insurer Beazley has reassured its London brokers the firm's expansion in the US is not a plo...
G6 to complete prototype in June
The Lloyd's trading system being created by the G6 group of insurers will fill the void left by Kinn...
RSA to challenge Lloyd's on property
A 'no holds barred' competitor to Lloyd's in the property insurance market has been established by R...
New panel of insurers for Shakespeare Underwriting
A new panel of insurers has been put in place for agency Shakespeare Underwriting, which was acquire...
A safety net or a black hole?
Directors should not be lulled into a false security over the reach of their directors' and officers' cover. Tim Hayes advises them to carefully study the small print
SVB to ditch name in 2006
SVB will ditch its name and re-brand its holding company as Novae Holdings, Post Magazine can reveal...
Marsh in new pan-European assault
Broking giant Marsh is hatching plans to expand its UK-based major loss practice into Europe during ...
Start-up bids for Tesco Law wins
A former Capita director has launched an outsourcing venture for law firms he hopes will mirror his ...
Appointment at Hawkins
Ian Giddings has joined forensic science company Hawkins, where he will specialise in the investigat...
Towergate Partnership announces aquisition
The Towergate Partnership has announced the acquisition of GR Patrick and Company based in New Malde...
JHIB acquires DIS
James Hampden Insurance Brokers has acquired Dragoon Insurance Services. Simon Hall, chief executive...
Appointment at Allianz Cornhill
Allianz Cornhill Legal Protection has made Shirley Watkins a legal adviser for Lawphone. She was pre...