News
Post triumphs at Biba bash
Post has been acclaimed with a prestigious award and three 'highly commendeds' at the British Insurance Brokers' Association's 2010 journalist of the year awards.
Equity World Cup competition - week three: World Cup cheer
Our World Cup competition continues, with more great prizes up for grabs — including an Ipad.
Imperial extends validation remit to glazing
Imperial Consultants has expanded its validation and settlement offering to cover entrance doors and windows, garage doors, patio and French doors, and conservatories.
RICS director warns of property insurance age timebomb
The property insurance sector is heading for a massive skills shortage, Gary Strong, director of practice standards and technical guidance at the Royal Institute of Chartered Surveyors, has warned.
Start-up seeks to aid genuine claims validation
An initiative that aims to help claims handlers make faster, informed decisions to validate a claim or pass it on for further investigation, has been launched by Stuart Dennis, chief executive of fraud management company TCF Corporate.
Questgates hires four
Specialist loss adjuster Questgates has boosted its property team.
Isis move creates 40 jobs
Validation and fulfilment firm Isis Claims Solutions is set to move to a new office as it looks to grow its headcount.
Insurance Fraud Awards
The second annual Insurance Fraud Awards will be held on 21 October at the Grand Connaught Rooms, London, to recognise the industry's continued efforts to tackle fraud and encourage the spread of best practice and excellence across the sector.
Moorhouse Enterprise
Welsh broker Moorhouse is to launch its first business under Moorhouse Enterprise, set up to support the next generation of broker start-ups.
Rivals set to vie for Halliwells business
Law firm Hill Dickinson is understood to be considering buying the assets of rival Halliwells.
Editor's comment: Travel's IPT headache
It has certainly been a busy few weeks for the chancellor George Osborne.
Ex-Fusion bosses outline MGA plan
The new managing general agency led by Fusion founders Kevin Pallett and Geoff Crisp aims to establish at least five offices as it gears up for its launch next year, backed by Bermuda-based insurance group Aspen.
New regulator must understand differences
The insurance industry has claimed it must be distinguished from the wider financial services sector under the coalition government's widespread regulatory reform.
Broker bodies want their say on regulator
Broker trade bodies have urged members to air their views on the regulation of intermediaries before the Financial Services Authority is stripped of its powers.
Regulatory reform will not hamper Solvency II
Financial Secretary to the Treasury Mark Hoban has denied suggestions the government's regulatory reform will hamper the UK's implementation of Solvency II.
Canopius confirms KGM interest as Lloyd's deadline approaches
Canopius, the largest privately owned Lloyd's insurer, has confirmed it is in talks to acquire up- for-sale motor underwriter KGM, with the deal expected to be completed within a fortnight.
Kwik Fit bidders close in on deal
The private equity parent of Kwik Fit Insurance is within reach of a deal to sell the motor specialist to a trade buyer, Post understands.
Ebay signs up broker for affinity insurance pilot
Online marketplace Ebay is poised to seek a raft of insurance partners as it gears up to launch a financial services offering, Post has learnt.
Levene laments 2010, the year of "direct hits"
The chairman of Lloyd’s has described 2010 as the year of “direct hits”.
BUDGET 2010: Bluefin boss claims IPT hike will not delay hard market
Bluefin CEO Stuart Reid has admitted a more significant increase in insurance premium tax may have further delayed a hard market.
BUDGET 2010: IPT increase should not be ignored
Independent consultancy Fiscal Reps is urging the insurance industry to take note of the increase in the rate of insurance premium tax in today’s emergency Budget.
BUDGET 2010: IPT rise will cost the average household an extra £8 per year
Aviva said that while the increase in the lower rate of IPT is less than initially forecasted, a 1% rise is still disappointing.
BUDGET 2010: Osborne pledges to consult on CFC rules
Chancellor George Osborne has announced plans to launch a consultation into the reform of Controlled Foreign Company rules this summer.
BUDGET 2010: ABI: IPT rises “regrettable”
The Association of British Insurers has warned the government that the increase to Insurance Premium Tax outlined in today’s budget could have unintended consequences.