News
London is "least risky" European city
London has come joint-third in a global study to find which cities have the lowest risk to recruit, employ and relocate employees.
Extended warranty duo joins White Oak
Automotive and equipment underwriting agency White Oak Underwriting attracted an extended warranty team to its London headquarters.
Growth accelerates in UK financial services sector
Activity in the UK financial services sector has grown in the last three months at the fastest rate since June 2007, although this growth is much slower than expected, a new survey conducted by CBI and PwC financial services shows.
Dual signs new ATE deal
Underwriting agency Dual Corporate Risks has teamed up with The Judge, a litigation risk transfer solutions broker, to become one of its commercial ‘after the event’ underwriters.
HSB boosts South-east team
HSB Engineering Insurance has appointed Bryony Glover to the position of development executive for London and the South-east region.
Northern Counties strengthens team with two new hires
Northern Counties Insurance has strengthened its team with the appointments of Susan Elliott and Alison Melrose who join the company as corporate client executives.
Novae CEO hails Lloyd's first as it unlocks capital with transfer
Novae Group has received consent to transfer insurance liabilities from Novae Insurance Company to the group's Lloyd's Syndicate 2007.
Xchanging names broking boss
Xchanging has appointed Artur Niemczewski as managing director of Xchanging Broking Services.
Exclusive marine content now available
In our latest article Liam Morrissey, a partner at BTG Global Risk Partners, looks at the impact of piracy on the European insurance market.
Allianz outlines Swiss disposal plan
Allianz Suisse has agreed to sell its subsidiaries Alba Allgemeine Versicherungs-Gesellschaft AG, Phenix Versicherungsgesellschaft AG and Phenix Lebensversicherungsgesellschaft AG to the Helvetia Group.
Pegasystems introduces new claims solution
Pegasystems has announced a new insurance claims solution that it said will “revolutionise” the way insurer’s process claims and deploy claims management functionality across operations.
Accident Exchange recovers hire charges
Credit hire organisation Accident Exchange has recovered full hire charges in one of thousands of outstanding court cases concerning allegedly dishonest rate evidence supplied by research firm Autofocus.
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".
BIS 2010: Fraud 'too easy' at application
The public and private sectors could work together to tackle fraud at the point of application.
Kennedys to open Miami office
Insurance commercial litigation law firm Kennedys is set to open an office in Miami.
Allianz advises brokers on government energy scheme
Allianz Engineering said it is reminding brokers of the deadline for businesses to sign up to a government-backed climate change and energy-saving scheme.
NPA completes Noyce Livett acquisition
NPA Insurance Broking Group has acquired Aylesbury-based intermediary Noyce Livett.
Fortis agrees £59m Tesco Bank travel deal
Fortis UK has signed a five-year deal with Tesco Bank to provide underwriting, claims management and sales and service support to Tesco Bank’s travel insurance customers, worth £59m in gross written premium.
Hiscox enters classic car partnership
US-based classic car broker Hagerty International has signed a deal with Hiscox which will see the insurer provide capacity for its UK classic car insurance products.
Willis appoints regional specialist in Latin America
Willis Group Holdings has confirmed the appointment of Edward Fyfe as regional specialist leader for Latin America.
BIS 2010: IUA vows technology will not change market culture
The International Underwriting Association has pledged to preserve the culture of the London market in the face of modernisation.
BIS 2010: Rates to harden under SII
The implementation of Solvency II could lead to the return of a hard market, according to John Neal, chief underwriting officer, QBE European Operations.
BIS 2010: Making the most of multi-channel distribution
The LV brand will not cross over into the fledgling direct insurance SME space, according to LV Broker managing director Phil Bunker.
BIS 2010: Quality people needed to drive innovation
Steve Lewis, UK chief executive general insurance at Zurich, said the insurance industry needs to sell itself better and attract quality individuals in order to be innovative.