News
Towers Watson: injury claims costs up 30%
The cost of injury claims in the UK car insurance market has grown recently by nearly 30% per annum according to Towers Watson.
Catlin CFO joins Chaucer
Chaucer Holdings has appointed by Chris Stooke as a non-executive director from 28 September 2010.
IFB agrees Detica software deal
The Insurance Fraud Bureau has entered into a five year contract with Detica for the implementation of its Net Reveal counter fraud software.
Aegon outlines UK restructuring plans
Aegon is poised to close its third party pension administration and employee benefits software businesses as part of plans to restructure its UK business.
Biba welcomes changes to “100 year old” insurance laws
The British Insurance Brokers’ Association has responded positively to HM Treasury’s consultation paper on consumer insurance (Disclosure and Representations) bill.
Swiss Re: Europeans not buying enough life insurance
Swiss Re has unveiled a new report which claims that hundreds of thousands of people across Continental Europe do not have enough life insurance.
Aegon outlines UK restructuring plans
Aegon is poised to close its third party pension administration and employee benefits software businesses as part of plans to restructure its UK business.
Willis establishes life sciences unit
Willis Group Holdings has established a new business unit within Willis Global Markets International for the insurance of companies involved in Life Sciences.
Willis establishes life sciences unit
Willis Group Holdings has established a new business unit within Willis Global Markets International for the insurance of companies involved in Life Sciences.
Lloyd's results show first half year profit halved to £628m
Lloyd’s this morning reported that its half year profit before tax had fallen significantly to £628m (June 2009 £1.32 bn) in 2010.
Tokio Marine Europe expands engineering team
Tokio Marine Europe has expanded its risk engineering department with the appointment of Phil Wall as corporate risk engineering manager.
Tokio Marine Europe expands engineering team
Tokio Marine Europe has expanded its risk engineering department with the appointment of Phil Wall as corporate risk engineering manager.
Cunningham Lindsey handles Basingstoke blaze
Cunningham Lindsey has been named as the loss adjustor on a major fire which caused around £5m worth of damage to a care development home in Basingstoke.
Law Society launches PI support scheme
The Law Society has unveiled a new facility to help law firms which are struggling to renew their professional indemnity insurance.
Simply Business appoints underwriting manager
Commercial insurance comparison site Simply Business has named Deborah Reid as underwriting manager.
AI Claims Solutions revenue up 65%
AI Claims Solutions has reported revenue increased by 65% to £91.9m from £55.7m.
Catlin named as new IIL president
Catlin chief executive Stephen Catlin has urged the insurance industry take pride in its work after been unveiled as the new president of the Insurance Institute of London.
Open GI joins forces with imarket
Open GI, has joined forces with imarket to provide a range of new commercial insurance products on the open trader platform.
Munters takeover moves step closer
Disaster restoration specialist Munters Group is poised to be taken over after its two major shareholders agreed an offer from Alfa Laval AB is "not unfair".
Brightside reports H1 2010 revenue surge
Insurance broker Brightside has posted revenues of £26.6m for the first half of 2010 – an increase of almost 25% year-on-year.
Cowens: Brokers need to up their game
Independent broker Cowens Survival Capability has urged intermediaries to improve their performance to help the economic recovery.
Lloyd's results show first half year profit halved to £628m
Lloyd’s this morning reported that its half year profit before tax had fallen significantly to £628m (June 2009 £1.32 bn) in 2010.
Four charged in £4m insurance scam
The Insurance Fraud Bureau has confirmed four people have been charged as part of an investigation into a £4m fraud against the UK insurance industry.
BLG integrates former Halliwells staff into Manchester operation
Barlow Lyde & Gilbert has expanded to fill a further four floors of its existing premises in Chancery Place, Manchester, following the arrival of 18 partners and over 200 staff from Halliwells in July.