News
Ironshore extends Japanese reach
Ironshore International's Lloyd's Pembroke Syndicate has been authorised by the Japanese Financial Services Authority to offer representations and warranties coverage through Lloyd's Japan.
Only Young Drivers launches on Comparethemarket
Only Young Drivers has joined the insurer panel of comparethemarket.com.
Admiral enters legal JVs with Lyons Davidson, Cordner Lewis
Admiral has received approval from the Solicitors Regulation Authority for new joint ventures launched in partnership with two law firms
Antares returns profit of £12m and sub-100% COR
Antares' managed syndicate 1274 has reported a leap in profit to £16m for the full-year 2012 compared to a loss of £12.2m in 2011.
ECIC names warranty underwriting head
Electrical Contractors’ Insurance Company has expanded its insurance-backed warranty business with the appointment of Iain Spicer as head of warranty underwriting.
Solicitors urged to consider insurer ratings
Solicitors have been urged to check insurers' financial strength before acquiring professional indemnity cover following the demise of two unrated providers in recent years.
Gallagher Heath inks bowel cancer travel insurance deal
Bowel cancer sufferers will now be able to obtain travel insurance thanks to a deal between Gallagher Heath and Beating Bowel Cancer.
Verbal CMC contracts outlawed amid industry-wide clampdown by regulator
The Claims Management Regulator has unveiled new rules which will prevent claims management companies from making verbal contract arrangements with consumers.
Brokers can trade completely online with Allianz Commercial offering
Allianz Commercial has launched a full-cycle business model which will enable brokers to trade completely online.
Capita launches London market risk capture programme
Capita Insurance Services aims to improve efficiency in the London market by applying its market level risk capture programme already used by managing agents with service companies in Singapore.
LMI names Manchester manager
Liberty Mutual Insurance has appointed Scott Taylor to head up its Manchester office.
Towergate and Gallagher Heath sign up to Arc Legal trading platform
The retail marine division of Towergate and Gallagher Heath has signed up to use a new trading platform for commercial legal expenses launched by Arc Legal.
Axa launches online travel insurance facility for affinity customers
Axa Direct & Partnerships has created a travel insurance website for Lloyds TSB customers designed to help them make the most of their policy.
Xchanging launches free London wi-fi
Xchanging has begun the roll-out of free wi-fi access throughout the City of London with the firm’s Leadenhall headquarters leading the way.
Diversified economy helps Kuwaiti insurers but challenges remain
Kuwait’s bid to balance its revenue sources through the development of non-oil sectors, along with more stringent regulation of the insurance market, will have beneficial consequences for the nation’s insurers, according to research by Timetric.
Markel moves to single tech platform
Markel has streamlined its business processes by replacing several back office systems with a single business platform.
Aon signs new £15m a year sponsorship deal with Manchester United
Aon has signed a new sponsorship deal with Manchester United that will see the name of the club’s Carrington training ground changed to the Aon Training Complex.
Cunningham Lindsey launches UK leadership reshuffle
Loss adjuster Cunningham Lindsey is to restructure its UK leadership, with changes across its liability and major loss, building services, and project managed services divisions.
Quindell earnings leap 350% in Q1 ahead of restructure
Quindell has reported adjusted Ebitda in excess of £25m for the quarter ended 31 March 2013.
Newcastle United star becomes latest footballer caught driving without insurance
Newcastle United player Hatem Ben Arfa has been disqualified from driving after pleading guilty to motoring offences, including driving without insurance.
Fitch worried over subordinated debt in China
Ratings agency Fitch is worried about a move by the Chinese regulator to allow insurers to issue more subordinated debt to increase capital.
Aon signs eight year deal with Manchester United
Despite no longer being the main kit sponsor from the 2014/15 season, Aon has agreed a $230m sponsorship deal for Manchester United's training ground and kit, and also to become a tour partner.
Bird flu cases rise to 21 as China takes more action
The number of bird flu cases has risen to 21 with six deaths, as China cracks down on the movement of live poultry and disinfects schools in Shanghai.
Head of Gibraltar's FSC departs
Marcus Killick, chief executive officer of Gibraltar’s Financial Services Commission has resigned from his position to pursue a career in the private sector.