News
Broker Network unveils new MD in board shake up
Broker Network has promoted Mark Wood to managing director of Broker Network and to a position on the board of Broker Network Holdings.
Mina promoted in Marsh restructure
Marsh has promoted Patrick Mina to the newly-created role of head of international client and market services.
RJW eyes up National Accident Helpline
Law firm Russell Jones and Walker is set to swoop for claims farmer, the National Accident Helpline.
FSA fee paying instalment plan signs up 1,750
Around 1,750 small firms have taken advantage of a new scheme that lets them pay their Financial Services Authority (FSA) fees by instalments.
Franklin weakens as Bermuda beckons
The island of Bermuda looks set to escape the wrath of Tropical Storm Franklin following signs that it is starting to weaken.
Capita acquires BDML for up to £33m
Capita has acquired BDML Connect for up to £33m. Among the parts of the business included in the deal are pet insurance specialist Thornside; and local authority and travel/leisure specialist BDML Insurance Solutions.Capita said the deal “significantly…
NU concern over broker regulation
Norwich Union has developed an online checklist to enable brokers to assess whether they are fully compliant with FSA regulations.
Man shot dead by police on Tube
A man has been shot dead by armed officers at Stockwell Tube station in south London, as police hunt four would-be bombers.
Pennsylvania supreme court upholds Legion decision
Pennsylvania's Supreme Court has upheld a 2003 lower court finding that four policyholders of defunct insurer Legion Insurance can obtain direct payment of their claims from Legion's reinsurers.
Aviation run-off scheme challenged by US creditors
British Aviation Insurance Company (BAIC) has become the first insurer to see a successful court challenge to its proposed solvent scheme of arrangement.
HCC completes acquisition of De Montfort Group
HCC Insurance Holdings has completed its acquisition of the DeMontfort Group of companies.
Three tube stations evacuated after "incidents"
Emergency services have been called to three Tube stations after "incidents", Scotland Yard said.
Finsure appoints new boss
NIG's premium finance subsidiary, Finsure has appointed Trevor Brittain as managing director.
Finite risk probe forces Ace into earnings restatement
Insurer Ace is restating its financial results for the years 2000 through 2004, as well as its results for each of the quarters in the years 2003 and 2004, and forthe first quarter of 2005.
Safety regulations will increase insurance demand says Kennedys
The Department of Trade and Industry has today [21 July] published the General Product SafetyRegulations 2005 (GPSR) which come into force on 1 October and apply to all consumer products, including some second-hand goods.
NU extends Asda deal
Norwich Union Insurance has signed a new five-year contract with Asda for motor, travel and household insurance. This extends their working relationship for an additional three years through to December 2009.
New CII president in life and pensions focus pledge
The Chartered Insurance Institute has elected its new line-up of officers for the 2005-2006 Institute year at the Annual General Meeting held in Cardiff on 20 July 2005.
Health insurance market in recovery
Spending on health & care cover products in the UK, including private medical insurance, health cash plans, dental benefit plans and long term care insurance, reached £4.2 billion in 2004, according to a new report from independent analysts Laing and…
US commercial P/C market softens
The commercial property/casualty market continued to soften during the second quarter of 2005, with commercial insurance brokers reporting that insurers are aggressively competing for new business and fighting hard to keep their renewals.
Former Kiln underwriter takes over at ASU London
HCC Insurance Holdings, has announced that David J. Evans has joined its underwriting agency subsidiary ASU International as managing director of its London based operations.
Foyle takes GI role at Bradford & Bingley
Dave Foyle has been appointed head of Bradford & Bingley's insurance division replacing Nigel Asplin, who joined affinity specialist Junction in June.
Greenspan calls for terrorism insurance support
US Federal Reserve Chairman Alan Greenspan has said that the risk of huge losses from terror attacks are too great for private insurance markets to handle, and that some government backing must be involved.
Path to Success: Vocational Rehabilitation
Elisabeth Skeet, vocational rehabilitation consultant at Unum Provident, reflects on her career to date
Be Ready for age discrimination
The Association of British Insurers has thrown its weight behind Be Ready, a new campaign to prepare...