News
Only turnover target
Insurance aggregator Only Insurance has said it hopes to generate a turnover of between £15m and £20...
Appointment at Ingram Hawkins and Nock
Ingram Hawkins and Nock has appointed Steve Walker as director. Mr Walker joined the company in July...
CEO who led 2005 MBO departs firm
Insurance outsourcing provider The Source has parted company with its chief executive, less than a y...
Clark: FSA ambivalence to claims unlikely to last
Jonathan Swift reports on the latest Claims Club meeting where rehabilitation, regulation and recovering lost items were all on the agenda
Gibson finally gets Highway green light
Returning Highway chief executive Andrew Gibson has been given the green light to join the company a...
NFU rehab research highlights huge savings
The cost benefits of rehabilitation can be proven, with savings in excess of £100,000 for spinal and...
Appointment at Russell Scanlan
Russell Scanlan has announced the appointment of two new directors, Andy Jenkins and Mike Dickinson....
MMA full-cycle EDI launch
MMA Insurance has unveiled plans to develop and launch five full-cycle EDI personal lines products o...
Claims efficiency declines
Total claims handling efficiency declined in 2005, according to a new report from Datamonitor. Claim...
UK insurers win reprieve over multi-million VAT costs
UK Insurers have obtained a £25m reprieve after HM Revenue and Customs announced that medical report...
Hiscox acquires fine art
Hiscox today announced its acquisition of the renewal rights of Eriks Assuradeuren, a Dutch insurer ...
US research to pinpoint claims excellence
The Faculty of Claims chairman Jonathan Clark spoke about a new wholesale project into "the characte...
What the papers said this week
The Telegraph Saga, the travel and financial services group, has received a number of informal an...
Appointment at Argyll
Argyll has appointed Robert Alner from Nsure as account executive. Having worked in both the broking...
Axa signs deal with Pavilion
Axa has signed a three-year deal with electronic intermediary Pavilion Insurance Network to underwri...
Primary to reinvest swiftcover bounty
Primary Group will use the cash from the sale of Swiftcover to focus on business areas that it 'unde...
Post Office eyes motorcycle and pet markets
The Post Office has earmarked motorcycle and pet as its next possible insurance launches after enter...
Appointment at Sigma Claims Solutions
Sigma Claims Solutions has appointed Dale Hackett as senior liability adjuster and Ross MacKay as tr...
Post Magazine Claims Club: Rising Star Award 2007
The Post Claims Club will be making an award to the Claims Club Rising Star 2007 at its Annual Dinne...
Industrial deafness verdict: Zurich responds
His Honour Judge Inglis today dismissed all seven occupational deafness “test cases” formally known as the Nottinghamshire & Derbyshire Deafness Test Litigation, heard in the High Court, Nottingham. Zurich was the lead insurer in three of the seven test…
Advent results hit by bonuses and adverse prior year development
Lloyd’s property Catastrophe specialist Advent has unveiled 2006 results impacted by prior-year developments and employee bonuses totalling £2m.
Top jobs filled at new Aon office
Leading reinsurance broker Aon Re Global has announced the names of those who will head up its new regional office for Europe, Middle East and Africa.
This is the week that was
A quick guide to the major news in tomorrow's issue of Post Magazine presented by Anthony Gould, editor in chief. Stories covered include the latest on the 2012 Olympics; a landmark liability case; UK insurers win VAT reprieve; CEO leaves claims…
Arch cedes 17% of reinsurance business to sidecar in 4Q
Bermudian (re)insurer Arch has revealed that it ceded 16.9% of the gross written premiums of its reinsurance arm in the 2006 fourth quarter, compared to 4.5% a year earlier as it passed $35.3m ($61.8m on an earned basis) to its Flatiron Re sidecar.