News
Time to tackle guilty
Jacci Taylor, independent consultant, said the insurance industry was being taken advantage of with ...
Goshawk announces loss before tax of £57.5m
Insurer Goshawk announced a loss before tax of £57.5m for the 2003 year of account, against a profit...
Primary Group acquires Walton and Parkinson
Primary Group has acquired Walton and Parkinson, a specialist theatre insurance broker. The City of ...
UK insurers pay inflated US medical bills
UK travel insurers are paying exaggerated medical bills for customers' treatment in US hospitals, an...
Capita Insurance Services signs partnership agreement
Capita Insurance Services has signed a three-year partnership agreement to offer commercial legal ex...
Ace Europe to introduce health and safety visits
Insurer Ace Europe is to introduce health and safety visits for companies with its employers' liabil...
Kiln in plea to Franchise Board
Kiln chief executive Edward Creasy has issued a reminder to the Lloyd's Franchise Board, urging it t...
Insurer bosses in £25m civil lawsuit action
Telecoms company Cable & Wireless does not believe a £25m civil action against five of its captive i...
St Andrew's Insurance agrees new partnership
St Andrew's Insurance, part of HBoS Group, has agreed a new partnership with BMW Group Financial Ser...
NIG defends non-payment action
NIG Special Risks is set to defend a legal action brought by one of its clients for the alleged non-...
Howden acquires controlling interest in Holm & Co
Through its parent company, the Hyperion Insurance Group, broker Howden has acquired a controlling 5...
Allianz Cornhill unveils claims academy training scheme
Allianz Cornhill has launched an academy training programme for its 600 claims staff, aimed at excee...
Appointment at Amlin
The board of Amlin has appointed Nigel Buchanan as an independent non-executive director. He has als...
Putney-based broker CSI stops accepting new business
Putney-based broker CSI has stopped accepting new business. A creditors' meeting has been scheduled ...
Axa pilot leads to over 35% reduction in claims
Insurers could see a third of claims disappear by adopting psychology-based techniques, delegates at last week's Post Magazine Claims Club seminar were told. Anthony Gould reports
Alan and Thomas acquires Abrey Beatty
Alan and Thomas Insurance Brokers has acquired insurance broker Abrey Beatty. Julian Boughton, Alan ...
Appointment at E T Knagg & Co
Sarah Darbyshire has joined E T Knagg & Co. She has previously worked in the north-west at two other...
Aquilo forms strategic alliance with fraud software company
Aquilo, the claims management and advisory firm, has entered into a strategic alliance with fraud software company NCorp.
NAIC members want action over Tria
Key members of the National Association of Insurance Commissioners (NAIC) have written to US Congressional leaders urging that the federal government should ensure marketplace stability and economic security ahead of the expiry date of the Terrorism Risk…
Third of claims withdrawn in Axa household fraud pilot
A third of household claims were withdrawn following the use of conversation management techniques in a pilot project, insurer Axa revealed at last week’s Post Magazine Claims Club seminar in London.
Serial fraudster prosecuted on behalf of six major insurers
A 38-year-old woman has been prosecuted at St. Albans Crown Court, for trying to defraud insurers.
Wessling takes over at Allianz Japan
Joachim Wessling is the new chief executive of Allianz Fire and Marine Insurance Japan, better known as Allianz Japan.
Closure of 2001 underwriting year to signal end of Lloyd's losses
When Lloyd’s closes its 2001 underwriting year at 31 December 2003 it will include some £3.5bn of gross claims from the World Trade Center tragedy. According to accountants Littlejohn Frazer, the effect of this will be to produce an overall bottom line…
Lloyd's reports 127% increase in profit
Lloyd's today announced a pro forma annually accounted profit of £1892m in 2003, an increase of 127% on 2002.