News
Aon floats flood pool arrangement idea
A senior broker at Aon has poured scorn on the UK government's promise to review its decision on funding for flood defences. Bill Gloyn, chairman of European real estate at Aon, suggested the creation of a pooled fund to cover future catastrophes.
RSA reminds Westminster of flood defence urgency
Royal and Sun Alliance has added its voice to the calls for further review of the funding for flood defences. The insurer's property development manager, Alan Gairns said: "We are very disappointed that the £800m earmarked for flood risk management will…
Broker banned from trading
An insurance broker has been stopped from conducting regulated activities by the Financial Services Authority (FSA) after two brokers reported that he had left clients uninsured.
Aspen enters global excess casualty with Patten hire
Aspen has announced it is entering the global excess casualty insurance market and is establishing a dedicated underwriting unit based in Dublin.
Hiscox launches combined war, terrorism and political violence cover
As the lines separating events of war, terrorism and political violence become increasingly blurred, Hiscox has responded by launching a combined insurance policy to protect companies against the individual or combined effects of all three.
Fortis CEO hails opportunities afforded by UK acquisition
Fortis has acquired a majority share in Insuretech Systems, an internet software development company focusing on web aggregator technology for the insurance market.
Hiscox launches three in one terror cover
As the lines separating events of war, terrorism and political violence become increasingly blurred, Hiscox,has responded by launching a combined insurance policy to protect companies against the individual or combined effects of all three.
Tesco Compare innovator joins broker
Fortis broking subsidiary OutRight has appointed Geoff Carter as managing director.
Open GI set to launch product push
Open GI has appointed Jes Westerman as head of insurer software development to expand its range of products available to brokers.
Post Magazine in award treble
Post Magazine was again truimphant at the Association of British Insurers Financial Media Awards last night with two of its journalists winning awards. The night was also capped by former Post editor David Worsfold winning the lifetime achievement award.
RAA backs Florida Cat Fund proposal
The Reinsurance Association of America (RAA) has backed a proposal by a senior government officer in Florida it says could reduce the potential for future catastrophe fund assessments on Florida’s insurance consumers.
Benfield to buy Canadian oil and gas specialist
Benfield has announced it has entered into an agreement to buy the businesses of Beaufort International Insurance Inc. (BIII) and Beaufort Insurance Services Inc. (BISI) from Beaufort Group.
IIL praises high achievers
Three Aon employees have won prizes for their ACII exam scores from the Insurance Institute of Londo...
Absenteeism not growing fonder for older workers
New research has revealed that older workers demonstrate greater integrity than younger colleagues w...
Equal pay cases to hit private sector
Equal pay litigation is set to take the private sector by storm, according to legal expenses insurer...
Time to test yourself
A selection of questions from various past-CII qualification papers
Pick of the Week
Jonathan Swift, editor of Post Magazine outlines some of the major news in the general insurance sect...
Elliott joins ACM ULR
Gary Elliott has been appointed as the new associate director for account development at ACM ULR, th...
Appointment at Lockton
Steven Rust, Jason Stephens and Ben Warman have all been promoted within Lockton's real estate and c...
Appointment at Novae
Novae Syndicates has appointed Richard Allen as unit head of its financial institutions team. Mr All...
Appointment at Weightmans
Weightmans has appointed Sharon Kamil as a partner in its large loss and technical claims team. Ms K...
Pet partnership for Allianz
Allianz Animal Health has expanded its partnership business by providing pet insurance through Leeds...
CBG broker buy continues national push
CBG Group has expanded its UK footprint with the £2.7m purchase of London-based broker Marcus Hearn....
Sports insurance start-up
Lloyd's sports insurer, Sportscover has teamed up with Canadian managing general underwriter WJ Sutt...