News
Ex Zurich boss named Italian CEO
Francesco La Gioia has been appointed the new CEO of Helvetia Italy.
Ex-Capita director confirms new start up plans
The former director of Capita Insurance and ex-Hero insurance development director, Ian Meyer, has confirmed the launch of his new insurance broker in June .
Aviva regional broker director quits UK
Aviva has confirmed that Brigid Murphy, director of regional brokers for the UK general insurance business, is to leave her role in June.
Giles Insurance Brokers in Midlands swoop
Giles Insurance Brokers has acquired the retail broking division of James Hampden Insurance Brokers.
Law firm warns government against hasty reform of financial institutions
Beachcroft has warned the government against trying to rush through financial reform "in pursuit of favourable headlines".
QBE Europe names new legal head
QBE Europe has appointed Esther Felton as head of legal for its European operations as part of an ongoing drive to develop its dedicated in-house legal capabilities.
Queen backs independent fiscal agency
The Queen's speech 2010 has outlined addressing the budget deficit as the key issue for the coming year, with the formation of a new ‘Office for Budget Responsibility’ seen as a measure to address the UK’s £6bn deficit.
Deficit will be cut through ‘reduced spending not increased taxes’
In her speech to mark the state opening of Parliament, the Queen has said that “dealing with the deficit and continuing to ensure the economic recovery is the most urgent issue facing Britain”.
Government outlines Bank of England intentions
The coalition government has introduced a bill to increase the power of the Bank of England as part of the Queen’s Speech.
QBE Europe names new legal head
QBE Europe has appointed Esther Felton as head of legal for its European operations as part of an ongoing drive to develop its dedicated in-house legal capabilities.
Heath Lambert merges personal and small business divisions
Broker Heath Lambert has combined its commercial affinity and small business division with its personal lines unit, Heath Lambert Insurance Services, aiming to double its size by 2012.
Allianz commercial joins Power Place panel
Allianz commercial has joined the Power Place panel and its commercial combined product for SME business will be available on the platform later this year.
QBE takes to the road
This month QBE is taking to the road to explain the benefits of early claims reporting to motor insurance brokers and clients around the UK in a series of educational roadshows.
Go Compare adds 82 brands to insurance panels
Comparison site Go Compare has added 82 new insurance brands to its panels in the last year.
Travel insurance specialist seeks provider for natural disaster cover
Almost three quarters (73%) of Holiday Extras customers surveyed over the last week would consider taking out some kind of natural disaster insurance cover in the future to avoid the stress and financial loss that resulted from the recent volcanic ash…
Europ Assistance reports 44% hike in net profit
Europ Assistance Group has reported turnover in 2009 of €1.288bn, up by 6.6% compared with 2008 (+7.6% in constant euros).
NIG names six new underwriters
NIG has attracted specialist area underwriters from RSA, Chartis, Allianz and Zurich Municipal to join its motor, property and liability teams.
Europ Assistance reports 44% hike in net profit
Europ Assistance Group has reported turnover in 2009 of €1.288bn, up by 6.6% compared with 2008 (+7.6% in constant euros).
KPMG appointed as First City's administrator
David Costley-Wood and Michael Walker, restructuring partners at KPMG, have been appointed joint administrators of First City Insurance Group and its subsidiary company, First City Partnership by the companies’ directors.
L&G wins new GI deal
Legal & General has been appointed to the insurer panel at Pink Home Loans and BDS Mortgage Group to provide general insurance products.
London P&I Club increases free reserves by 22% in 2009/10
THE London P&I Club has reported a financial year surplus of $25.9m for the year ended 20 February 2010.
CL heralds major loss fraud initiative
Cunningham Lindsey’s has claimed that its major loss investigators have saved insurers more than £7.1m in fraudulent claims in the year since their launch.
Brit appoints Gibraltar boss
Brit Insurance has promoted Andrew Cunningham to head of office for its Gibraltar operations.
Thatcham applauds solution success
Thatcham’s new vehicle repair methods delivery solution, Thatcham Integrated Methods, has provided access to methods for repairers on over 5000 individual estimate enquiries since its launch a week ago.