News
Pain relief at FSA
The Financial Services Authority has announced that Jon Pain, managing director of supervision and an FSA Board member, has become the latest senior member to decide to leave the organisation in 2011.
UK General gets Hanns-on for scheme sales
Leeds-based UK General Insurance has appointed Ralph Hann as national schemes sales manager for the group.
Whittington faces Aviva in Asian direct market
Whittington has pitched itself against Aviva by setting its sights on the direct Asian insurance market with the launch of a new insurance company in Singapore.
Quadra wins place as APC goes for panel
Start-up Quadra has landed a place on the new property loss adjusting panel of underwriting agency APC.
Editor's comment: End for mobile menace?
Just two months ago I wrote in this column about the proliferation of unsolicited text messages promoting personal injury services.
Heritage in callto EC on captives
Specialist insurer Heritage has urged the European Commission to do more to ensure captives are treated fairly under the Solvency II regulations.
Broker share set to fall
The market share of national brokers is expected to decline to 50% in 2010 and is forecasted to continue falling until 2014.
Treloar in Aviva retail role
Former Royal Bank of Scotland motor managing director Steve Treloar is to join Aviva as its new retail director.
Top 5 Post stories
The top five most popular stories on postonline.co.uk over the last week were:
Lloyd's insurer continues diversification with Swiss plan
Catlin's plan to establish a reinsurance company in Switzerland has been described as another significant move by the group to diversify away from its Lloyd's roots.
Biba pushes aggregator issues at European broker meet
The British Insurance Brokers' Association has met fellow European broker bodies in Tel Aviv to discuss the Insurance Mediation Directive and other European issues.
Credit hire stake sees Lord Young impartiality queried
The Cabinet Office has insisted Lord Young of Graffham remains the right person to lead an investigation into compensation culture in the UK, despite having a major shareholding in credit hire firm Accident Exchange.
Businesses to feel the heat as large fires continue to rise
Challenging economic conditions are having a significant impact on fire danger, according to the Association of British Insurers director of general insurance and health, Nick Starling.
Catlin to join solicitors' PI market exodus
Bermuda-based insurer Catlin has become the latest player to withdraw from the troubled solicitors' professional indemnity insurance market.
Non-life weathers storm
In the UK non-life premiums fell 3.1% to $92bn (£61bn) in 2009 (which ranked it fourth behind the US, Japan and Germany) out of a total of $309bn (which ranked the UK third behind the US and Japan), and that insurance penetration was 12.9%, according to…
Late claims payment fine
Insurers should expect to pay damages to their clients when they are slow to pay claims, according to the Association of Insurance and Risk Managers.
EA calls for flood funding
The Environment Agency is calling for communities and businesses to contribute more towards the funding of future flood defences.
Rehab providers urged to tackle 'therapy drift'
Rehabilitation providers must become more commercial and proportionate in their dealings with injured claimants to prevent "therapy drift" and inflated costs for insurance purchasers.
No grace period on IPT
London market insurers and brokers have been told they will not be given the same grace period as when faced with the last hike in insurance premium tax.
Confused leads the insurance pack in social media usage
Confused has topped an index of the most 'followed' insurance brands on social media websites.
MoJ: personal injury text pests to be investigated
The Ministry of Justice is understood to be investigating the rising tide of organisations sending unsolicited text messages to consumers promoting personal injury services.
Amlin raids Catlin for lead specie underwriter
Amlin has appointed James Farquhar from Catlin with a brief to build up the account together with Class Underwriter, Rod Little.
QBE to combine London market teams
QBE is to merge its direct and reinsurance personal accident teams to create a single London market unit with a combined GWP of £45m, operating out of Lloyd’s.
Halliwells confirms talks
Halliwells has confirmed it is in "advanced discussions" regarding transfering the business to another law firm.