News
CILA and law firm to publish property claims handbook
The Chartered Institute of Loss Adjusters is due to publish a handbook offering legal and practical advice on handling property damage claims for loss adjusters and claims handlers.
Fitch assigns German DEVK Insurance Group 'A+' rating
Fitch Ratings has assigned the mutual Germany-based DEVK insurance group's seven main entities insurer financial strength ratings of 'A+' with stable outlooks.
Fitch assigns German DEVK Insurance Group 'A+' rating
Fitch Ratings has assigned the mutual Germany-based DEVK insurance group's seven main entities insurer financial strength ratings of 'A+' with stable outlooks.
FSSC announces strategic partnership
The Financial Services Skills Council has announced its partnership with the Scottish Financial Services Skills Gateway, the employer’s board which will also act as the FSSC’s committee in Scotland.
FSA fines Goldman Sachs £17.5m
The Financial Services Authority has fined Goldman Sachs “for being Goldman Sachs,” according to Beachcroft.
Law firm strengthens Brazilian foothold
Davies Arnold Cooper has strengthened its market-leading Latin American practice by joined forces with Brazilian boutique insurance law firm JBO Advocacia.
Cobra slides back into profit
Cobra has returned to a pre-tax profit in the 12 months to 31 March 2010.
Aviva’s get fit challenge targets health of the nation
A national campaign, entitled the ‘Aviva Get Fit Challenge,' was launched yesterday to help the nation take greater control of their health.
Quake impact on ratings "limited"
The damage costs resulting from the earthquake which struck the New Zealand city of Christchurch on 4 September will have "limited negative implications" for insurers and banks in New Zealand.
Commercial Express goes live with claims handling
Commercial Express’s partnership with Cunningham Lindsey is now live, the company has confirmed.
Aviva warns over cannabis farming
Aviva is warning property owners to be vigilant when vetting potential tenants, as well as inspecting their properties, as cannabis farming continues to rise.
CL revamps property division
Cunningham Lindsey has restructured its property services division with the creation of a regional structure and the appointment of a new national property operations manager.
Ecclesiastical London market business to go into run-off
Ecclesiastical is to put its London market business into run-off.
Axa names mid-corporate head
Axa Insurance has appointed Martin Eyres as head of mid corporate risks.
Brit appoints reinsurance underwriting director
Brit Insurance has announced the appointment of Richard Carver to the role of underwriting director at its reinsurance strategic business unit.
NZ earthquake losses to near £3bn
Reinsurers are set to be primarily impacted by the 4 September earthquake near Christchurch, New Zealand.
CSC member firms fall foul of SMS crackdown
Two members of the Claims Standards Council have been forced out as a result of an investigation into the sending of unsolicited text messages.
LDC set to test market for £70m Davies sale
Private equity house Lloyds Development Capital is understood to be looking to test the market for realising its investment in claims management and loss adjusting firm Davies and may sell if an offer comes to match its price.
Insurers show hands over PI renewals
RSA has confirmed it has closed its doors to new clients looking for solicitors' professional indemnity insurance.
Career development & CSR news: Open GI team cycles along Hadrian's Wall
A team of staff from software house Open GI has raised more than £1000 for Midlands Air Ambulance by taking part in a charity cycle.
Career development & CSR news: LV to expand apprenticeship scheme
LV is set to extend its apprenticeship programme over the next 12 months, following the graduation of 50 staff.
Quantum drops appeal in 'positive' Court of Session ruling
Scottish consultancy firm Quantum Claims has dropped its plan to appeal against a recent Court of Session costs judgment, heralded as "positive news" for the insurance industry.
Blackham: no plans to raid Bluefin for Endorphin staff
Chris Blackham has insisted he has no specific plans to raid Bluefin for staff, despite his new firm appointing a former Bluefin executive to a senior operational role.
Warning over rise in discrimination claims
A law firm has warned insurers and brokers they may be exposed to a rise in claims following implementation of a new "three strikes rule" regarding workplace discrimination, due to come into force on 1 October.