News
Quinn UK ban ‘positive’ for prospective buyers
The decision not to allow Quinn Insurance to re-enter the UK commercial lines market is a positive step for its potential sale and the rest of the UK market, according to observers.
Tumbling revenues force CBG to close Liverpool operation
CBG has closed down its Liverpool operation amid "disappointing" results for the first half of the year.
Willis severs Indian links after regulator withdraws licence
Willis is to cut ties with its Indian partner after the local regulator unearthed a series of misdemeanours by the latter.
Third-party fraud outside review scope
Law commissioner David Hertzell conceded the current ability for fraudulent third parties to only lose the dishonest part of their claim — rather than having to forfeit the whole — is "quite generous", but stressed this issue lies outside the scope of…
Clydesdale broker push starts off with Panacea
Scottish bank Clydesdale has set its sights on investment in the intermediary sector in a bid to expand its presence in the UK insurance market.
Postscript - 30 years ago: Conservative donations from insurers
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 30 years ago reveals.
Postscript - 20 years ago: Fraudulent claims need handling
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 20 years ago reveals.
Postscript - 10 years ago: CIS justifies status to government
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
Postscript - five years ago: Brit pleased by Ashes success
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 5 years ago reveals.
Mediation myth debunked by settlement successes
New figures prove that personal injury cases — often cited as the exception to the rule — can be successfully mediated. Statistics from specialist not-for-profit organisation Trust Mediation reveal that, out of 33 PI cases handled between January and…
New members strengthen advisory council
The prospect of problematic personal injury cases being resolved by mediation has been bolstered by the backing of two industry heavyweights. Representatives from insurer Aviva and personal injury solicitors Thompsons are among the latest to join Trust…
Delta's new expansion plans take it south
Delta Claims Services is set to extend its presence to the south of England, while hinting at a move into the property market.
Government set to give go-ahead to draft law reform bill
The government appears to have given the 'green light' to the draft bill on consumer insurance law reform, according to law commissioner David Hertzell. This could take effect as early as next year, he said, which is "two years ahead of when we would…
Risk carrying captive launched in Gibraltar
Broker A&A Group has launched a risk carrying captive in Gibraltar to sit alongside its existing panel of UK motor insurers.
Double venture heralds return of Lord Sheikh
Lord Sheikh is set to return to the market with two new public limited companies.
Lord Young to recommend extension of MoJ RTA portal
Extension of the Ministry of Justice electronic portal, which handles low-value road traffic accident claims, to include employers’ liability and public liability, is expected to be a feature of Lord Young of Graffham’s upcoming review on compensation…
Ecclesiastical turns focus onto core UK business
Ecclesiastical intends to focus on developing its core UK business, having opted to close its London market operation.
Career development & CSR news: Minty freshens up CII ethics training course
The Chartered Insurance Institute has launched an online ethics course for all Personal Finance Society and CII members in a drive for greater professionalism.
Career development & CSR news: Graham High's rugby ground cycle tour raises £20k
The Graham High Group was headline sponsor of a recent charity cycle ride that visited all of the 2009 premiership rugby grounds.
Career development & CSR news: Towergate 100 run royal parks
More than 100 Towergate staff are to take part in the Royal Parks Foundation half marathon to raise money for Cancer Research UK and other charitable causes.
Career development: Ask the expert
As an older employee, I sometimes wonder whether the age discrimination act has really made a difference to workers over 50? I often feel my experience still closes off as many doors as it opens.
Cunningham localises focus
Cunningham Lindsey has claimed it is "bucking the trend" by restructuring its property services division geographically to give a greater focus to smaller conurbations.
Industry called on to agree fraud benchmark
Assessing fraud exposure against competitors is the benchmarking 'holy grail' for insurers but, as yet, no common means for comparison has been found.
Editor's comment: Chartis an unlikely saviour
With businesses warned only last week against complacency following another high-profile failure in the UK — this time social housing giant Connaught — news of being able to secure up to £10m in short-term loans from trade credit insurer Chartis will…