News
Hyperion chair: IPO on track after 41% leap in EBITDA
Hyperion, the international insurance and re-insurance distribution group saw revenue increase 26% to £72.2m (2009: £57.2m) and EBITDA, excluding non-recurring items, rise by 41% to £12m (2009: £8.5m) for the year ended 30th September 2010.
Hyperion chair: IPO on track after 41% leap in EBITDA
Hyperion, the international insurance and re-insurance distribution group saw revenue increase 26% to £72.2m (2009: £57.2m) and EBITDA, excluding non-recurring items, rise by 41% to £12m (2009: £8.5m) for the year ended 30th September 2010.
Brit share deal extended for seventh time
The deadline by which Brit shareholders can accept or decline Achilles offer for the company has been extended yet again.
People moves – 17 February 2011
A round-up of people moves and new appointments in the industry, as featured in the 17 February 2011 edition of Post.
Equinox Global announces two senior hires
Equinox Global has announced two new senior appointments. Gauray Ganguly has been recruited to head risk strategy, and Marian Berden takes up the role of senior credit and macro analyst at the trade credit insurer.
Government "failing to see bigger picture" on justice reform
President of the Association of Personal Injury Lawyers, Muiris Lyons, is set to announce that the reforms of the civil justice system which focus on costs, fail to consider the “bigger picture” for injured people.
Court rules on Bent credit hire re-trial
Cambridge County Court has ruled that the £63 000 in credit hire fees claimed by Darren Bent following a road traffic accident could have been at least £20 000 lower if the Premier League footballer shopped around.
Auto Windscreens calls in administrators after cash flow problems
Auto Windscreens, which replaces and repairs vehicle glass, has entered administration just over two years after it was sold by Aviva.
Carole Nash recruits new operations director
Motorcycle insurance specialist Carole Nash has appointed Dave Cullen as its new operations and sales director.
Martin Shepperson joins Tokio Marine Europe
Tokio Marine Europe has appointed a new member of staff in its Birmingham office.
Hiscox accuses claimant law firms of "manipulating" legal costs
Hiscox has accused some claimant law firms of “manipulating and inflating costs" in defamation and privacy cases.
Biba reminds brokers of new motor law
The DVLA in conjunction with the Motor Insurers' Bureau and the British Insurance Brokers’ Association is reminding drivers that a new law to be rolled out in late spring will mean that they must keep their vehicle insured unless they have notified the…
Jackson Review: Thompsons warns of recoverability “threat”
Thompsons Solicitors has warned that ending the recoverability of success fees will have a “hugely negative” impact on claimant lawyers.
Insurers tighten belt on business claims
Claim Experts has called on policyholders to take simple steps to improve the chances of a full payout if disaster strikes.
Firm issues capital allowance advice
Insurance brokers’ clients with commercial properties could be missing out on millions of pounds in capital allowances, according to Portal Tax Claims.
Cutting legal aid and restricting CFAs would create a “perfect storm”
The Association of Personal Injury lawyers has responded to the government’s consultations on legal aid and civil litigation funding and costs, which both close today.
Exeter Family Friendly adds products to Insurance Resource portal
Private medical insurer Exeter Family Friendly has made its ‘Health Cover for Me’ plan available on intermediary portal Insurance Resource.
Aviva agrees online trading deal
Online wholesaler Policyfast has struck an exclusive deal to provide Aviva Homework cover through the broker market.
Quinn sale uncertain in wake of election
Irish papers have reported that the sale of Quinn Insurance looks set to be delayed until after the general election.
Quinn sale uncertain in wake of election
Irish papers have reported that the sale of Quinn Insurance looks set to be delayed until after the general election.
Questgates adds to property validation team
Loss adjuster Questgates has appointed Howard Lloyd-Jones as technical manager for its building damage validation division QGV.
CL appoints former Garwyn adjuster
Cunningham Lindsey has recruited Nick Warren as part of the planned expansion of its liability services team.
Ace appoints multinational claims client executive
Ace has appointed Graham Chesman as multinational claims client executive for the Ace European group.
Ace appoints multinational claims client executive
Ace has appointed Graham Chesman as multinational claims client executive for the Ace European group.