News
MMA expands agreement
MMA has expanded its agreement with Computer Sciences Corporation and Conversant Data to use Advance...
Motor insurer buy could treble size
Broker-only motor insurance specialist Markerstudy is planning to step up its expansion through acqu...
Premium income increase
Halifax Bank of Scotland General Insurance has seen premium income increase by 12% to £941m in the f...
CFA shake-up plans revealed
The government has promised further legal cost savings after it revealed its long-awaited review of ...
What the papers said this week
- Last year insurance companies paid out for 40 000 stolen dogs. The crime has become so serious tha...
Aviva chairman
Lord Sharman, former chairman of Securicor, has been tipped to become chairman of Aviva when current...
Appointment at Heath Lambert
Heath Lambert has made two senior appointments within its reinsurance division. Jean-Michel Lewis ha...
ITMU opens office
ITMU, freight forwarding and marine underwriting specialist of AUM Group, has opened its third UK of...
Senior trio seeks VC funding for new underwriting agency
A trio of former directors from the Royal Bank of Scotland Insurance stable has teamed up to launch ...
Novae appointed
The Towergate Partnership has appointed Novae Underwriting to supply a web-based delivery system to ...
Quintet forms new action group to recover millions
Insurers owed money following the failure of broker BPS Insure have decided to team up to consider w...
Falling pound helps Markel
The falling value of the pound against the dollar during quarter three of 2005 should help Markel In...
Aon: UK jobs to go in shake-up
Broker Aon has conceded that it will be forced to axe more UK jobs, to make up for the loss in reven...
Appointment at DTE
DTE has made three new appointments: Nick Green as business development director, Lesley Cooper as a...
Commercial underinsurance rife
A total of two-thirds of businesses do not have comprehensive insurance to cover crimes incurred, ac...
FSA warning over unauthorised motor insurer
The Financial Services Authority has issued a warning to consumers about a company called H&O Insure Limited which it believes is offering invalid motor insurance policies to the general public. Policies issued under this name have come to light in the…
MMA extends anti-fraud system use
MMA Insurance has expanded its agreement to use anti-fraud software system, Advances, from motor to household claims.
New joint venture by Cooper Gay
The Cooper Gay Group, along with Michael W. Cashman, have created Cooper Gay & Cashman. This joint venture operation is headquartered in Minneapolis, Minnesota, with Mr Cashman serving as its chairman and chief executive.
Former CGU chair announces retirement date
Aviva today confirmed that Lord Sharman of Redlynch, OBE, will succeed Pehr Gyllenhammar as chairman of Aviva with effect from 1 January 2006.
Apil thumbs-up to CFA shake-up
The Association of Personal Injury Lawyers has welcomed the government’s decision to streamline conditional fee arrangements.
CFA revamp revealed
Consumers, businesses, insurers, courts and lawyers will benefit from simplification of conditional fee regulations, the government claimed.
Converium close to selling CRNA, says report
Troubled reinsurer Converium is looking at selling off its subsidiary Converium Reinsurance North America (CRNA), which has been in run-off since 2004, according to a report in the Financial Times.
PI Direct Group appoints Wallas as chairman
Andrew Wallas is to become the non-executive chairman of the PI Direct Group's holding company, Martello Underwriting, with effect from 1 September.
SBJ launches exceptional risks
SBJ, London and international insurance market broking subsidiary of the SBJ Group, has formed a new division, exceptional risks, and appointed Charles Heneage as its managing director.