News
The British Insurance Awards 2011 are now open for entries
The British Insurance Awards 2011 are now officially open for entries. These prestigious awards, for the entire UK general insurance industry, will be presented at the Royal Albert Hall on the evening of the 6th July.
Axis makes senior appointment
Claims specialist Axis Claims Pro, the European division of SCM Insurance Services has appointed Zeynep Alper as a senior adjuster.
Axis makes senior appointment
Claims specialist Axis Claims Pro, the European division of SCM Insurance Services has appointed Zeynep Alper as a senior adjuster.
Adrian Flux to offer 24/7 claims service
ULR Additions has entered an agreement with Adrian Flux Insurance Services to provide the Norfolk-based insurance broker with 24 hours a day, seven days a week claims handling services.
Brit acquisition deadline extended to March
The deadline for acceptance of Achilles’ offer to buy Brit Insurance has been extended for a third time.
Brit acquisition deadline extended to March
The deadline for acceptance of Achilles’ offer to buy Brit Insurance has been extended for a third time.
Perkins Slade teams up with Biba for new credit scheme
The British Insurance Brokers’ Association has appointed Perkins Slade as a scheme provider for credit management products and services.
Swiftcover backs ABI motor research
Swiftcover said it has backed the Association of British Insurers call for better access to information in the battle to keep motor premiums down.
Aviva unveils £700m debt reduction plan to the market
Aviva this morning unveiled a plan to reduce hybrid debt by at least £700m over the next three years.
Former HBOS insurance CEO Posner take up new exec role
Former Halifax Bank of Scotland General Insurance chief executive Howard Posner has taken up the newly-created position of chairman at claims management firm LAS.
Start up MGA Aspen Risk Management signs up second underwriter
Managing general agent Aspen Risk Management has unveiled its second underwriting partner.
Lord Sugar and Aon's Case line up for Biba 2011
The keynote speakers for this year’s British Insurance Brokers' Association conference have been confirmed as Greg Case, president and CEO of Aon Corporation, explorer Ed Stafford who was the first man to walk the length of the Amazon and businessman and…
RSA expects 2010 profit to be at least £600m despite 2.4pt COR weather hit
RSA expects to show net written premium growth of 11% to £7.46bn, a COR of between 96.5% and 97.0% and an operating profit of between £600m and £630m in its 2010 full year results.
RSA expects 2010 profit to be at least £600m despite 2.4pt COR weather hit
RSA expects to show net written premium growth of 11% to £7.46bn, a COR of between 96.5% and 97.0% and an operating profit of between £600m and £630m in its 2010 full year results.
People moves - 20 January 2011
A round-up of people moves and new appointments in the industry, as featured in the January 20 2011 edition of Post.
Law report: Proposal to settle was time limited so could not be a Part 36 offer
This law report has been contributed by national law firm Berrymans Lace Mawer.
Crossrail signs nine-year no-break deal with Zurich, Ace and Swiss Re
The £15.9bn Crossrail construction project has become the first of its kind to negotiate a nine-year insurance policy to be placed in the global insurance market without a break clause.
Career development & CSR: Allianz gains CII chartered status accolade
Allianz Commercial has been granted chartered status for its commitment to ethical conduct and professionalism by the Chartered Insurance Institute.
Cost cutting could affect Jackson proposals
The government's drive to cut public spending could affect its decision to implement Lord Justice Jackson's civil litigation proposals, a pressure group has stated.
Law report: Catastrophic claim dismissed due to defendant driver care
This law report has been contributed by national law firm Berrymans Lace Mawer.
Editor's comment: A whimper not a bang
Given that last week saw the government's transport select committee reconvene to discuss the thorny issue of rising motor premiums, it was somewhat bad timing — as far as the industry is concerned — that the Office of Fair Trading also emerged with…
Suncorp claims hit 10 000
Suncorp expects to have eroded between A$220m (£137m) and A$240m of retained costs under its aggregate reinsurance programme as a result of the Australian floods, as well as other natural hazard events during 2010.
Biba progress
The British Insurers Brokers' Association has met with the cabinet office to discuss business resilience ahead of a formal consultation document to take place in March.
WNS eyes top three property repair place
WNS Assistance has pledged to land a place among the top-three property repair firms within the next 18 months, after confirming its plans to enter the sector.