News
London market “more competitive” following budget
The International Underwriting Association’s chairman Stephen Riley has welcomed recent changes to corporation tax in June’s emergency budget.
US Congress passes financial reforms
On Friday, after a marathon 20-hour debate, the US Congress passed an amended version of the Dodd-Frank Bill which includes measures to prevent more AIG-style bailouts and a federal insurance regulator.
Ecclesiastical gains five-star rating
Ecclesiastical has achieved a Defaqto five star rating for the fifth tier of its wedding insurance.
Mondial appoints MD
Mondial Assistance UK has appointed Serge Corel as its managing director.
Alex regains tropical storm strength in Gulf
Tropical depression Alex picked up speed over the Gulf of Mexico on Sunday, regaining tropical storm strength, and keeping two key Mexican oil ports closed.
Brokers predicting profitability fall
UK insurance brokers are expecting a drop in profitability over the next three months, research by PricewaterhouseCoopers and the Confederation of British Industry has shown.
Execs would not be surpised if Eurozone shrinks, report claims
Rising sovereign debt in the developed world is one of the main concerns for the world’s business leaders and financial executives, according to 440 senior executives who participated in a survey commissioned by RBC Capital Markets.
CNA expands technology underwriting team
CNA Europe has made two appointments to its European technology practice.
Execs would not be surpised if Eurozone shrinks, report claims
Rising sovereign debt in the developed world is one of the main concerns for the world’s business leaders and financial executives, according to 440 senior executives who participated in a survey commissioned by RBC Capital Markets.
CNA expands technology underwriting team
CNA Europe has made two appointments to its European technology practice.
Evolution grows Midlands operation
Commercial underwriting specialist Evolution Underwriting has appointed Rachael O’Neil as business development executive with responsibility for developing the Midlands area.
Defaqto warns on travel cover
Holidaymakers should review their travel insurance policy to see whether it covers the failure of scheduled airlines, according to Defaqto.
UKGI appoints schemes sales manager
Leeds-based UK General Insurance has appointed Ralph Hann national schemes sales manager for the group.
Comparison sites gaining consumer confidence
Almost half of price comparison site customers are more confident using aggregators then they were a year ago, new research from YouGov has shown.
Duo agrees London market technology deal ahead of 1 Jan 2011 roll out
Perspective Technologies, the messaging solutions specialist and Exari, the provider of automated document assembly, have reached an agreement whereby that they will jointly offer a document automation service to practitioners involved in the cross…
Aviva appoints new European CEO
Aviva has appointed Jiri Schneller as chief executive of Aviva Czech Republic.
Aviva appoints new European CEO
Aviva has appointed Jiri Schneller as chief executive of Aviva Czech Republic.
Heath Lambert in charity tie-up
Heath Lambert has won the tender to provide personal lines and life insurance products for leading health charity Diabetes UK.
UK brokers need to tighten up client money procedures
This is according to insurance industry accountant and consultant Moore Stephens, who said that UK insurance brokers will have to be able to demonstrate that they have put in place properly embedded procedures to deal with handling client money, or else…
DAS names ATE and special risks boss
DAS Legal Expenses Insurance has appointed Mark Rhoder as its new head of after-the-event insurance and special risks.
Aviva raids RBSI for new direct boss
Aviva has recruited Steve Treloar as retail director for Aviva’s UK general insurance business.
THB agrees cargo partnership with Catlin
THB’s marine division has partnered with Catlin’s UK regional marine team to distribute its online cargo facility.
Aon Benfield agrees Cologne University partnership
Insurance broker Aon Benfield has partnered with the University of Cologne to conduct advanced research into European windstorms.
MMA ramps up micro-commercial offering
Broker-only insurer MMA is adding a series of new products to the remit of its micro underwriting team as part of a first year review.