News
Kwik Fit Insurance strikes deal with Supercover
Kwik Fit has introduced a gadget insurance policy provided by Supercover Insurance, the specialist consumer-portable insurer.
Ecclesiastical comes out top in charity table
Ecclesiastical Insurance has been named the seventh biggest giver to charity in the UK, behind the likes of Lloyds TSB and Marks and Spencer and ahead of Shell and Fidelity Investment Management. The listing, produced independently by the Directory of…
Cooper Gay targets Russia and Eastern Europe with energy hire
Cooper Gay has appointed onshore and offshore energy specialist Mike Makowski to boost the development of its energy business in the former Soviet Union and Central and Eastern Europe.
Amlin sees GWP increase 39.2% in first four months of 2009
Lloyd's insurer Amlin this morning reported gross written premium (before deduction of brokerage) in the first four months ended 30 April 2009 was up 39.2% at £729.7m (30 April 2008: £524.2m). The increase was supported by the appreciation of the US…
Heath Lambert in retail push
Heath Lambert is restructuring in a bid to strengthen its retail operations.
Towergate sister business blasts banks over challenge
The decision by high street lenders Barclays and Lloyds TSB to challenge the ruling that prohibits selling payment protection insurance alongside a loan has been slammed as "counterproductive" by provider Paymentshield.
Brokers must meet challenge of banks and direct market says Defaqto
Defaqto's first Insight Report into the SME Commercial insurance market warns brokers that they need to meet the challenge of Banks and Direct insurers.
Mapfre Q1 net profit up slightly
Spanish (re)insurer Mapfre said that first quarter net profit rose slightly to €287m, helped by strong gains in its international division.
Calling all footballers
Following the success of last year's sell-out Insurance Cup, The Prince's Trust is delighted to announce the tournament is back and will be bigger and better this year. Sponsored by Talbot Underwriting, and supported by insurancejobs.co.uk , 40 teams…
Airmic members worried over customer service disruption
The main worries for risk managers in relation to a possible flu pandemic relate to potential loss of staff and disruption to customer service, according to a survey of members of the Association of Insurance and Risk Managers.
Heath Lambert raids Bluefin to boost Manchester team
Heath Lambert has hired two former Bluefin directors to strengthen its expansion plans in the north west and nationally.
Windstorm Klaus may cost euros 1.5bn - Perils
Windstorm Klaus may cost insurers €1.5bn, insurance data provider Perils has said.
Validus urges IPC shareholders to flash 'golden ticket'
(BESTWIRE) Validus Holdings Ltd. is urging the shareholders of IPC Holdings Ltd. to vote with a gold proxy card, and reject Max Capital Group Ltd.'s proposed merger offer.
Brit latest UK insurer to benefit from favourable exchange rate
Brit Insurance this morning reported its gross written premium was up 40.5% to £557.4m for the three months ended 31 March 2009 (31 March 2008: £396.7m), an 18.5% increase at constant exchange rates. It also saw a 4.6% average premium rate increase on…
Swine flu scare at the FSA
An entire department of the Financial Services Authority has been asked to work from home after a colleague returned from the US with probable swine flu.
AIG sells Japanese building to Nippon Life
AIG has confirmed that it is to sell its Japanese headquarters to Japanese life insurance giant Nippon Life for $1.2bn.
Swine flu scare at the FSA
An entire department of the Financial Services Authority has been asked to work from home after a colleague returned from the US with probable swine flu.
Former Alliance boss launches new broker
The founder of Alliance Corporate Risk Management John McLaren-Stewart is to launch a new broker.
Loss Management Group completes jewellery claims acquisitions
Loss Management Group has acquired Guild Claims Service and The Guild of Valuers and Jewellers from accident management company Helphire Group.
Post Office announces new five year home and motor insurance partnership
Junction has entered into a new exclusive five-year contract with Post Office Financial Services to provide home and motor insurance.
Canopius FY pretax profits jumps 31%
Canopius, the Lloyd's (re)insurer, reported a 31% rise in pretax profits for the year to end-December 2008. Pretax profits grew to £43m from £33m in 2007.
Amlin swoops for Zurich property owners head and team
Amlin has expanded its UK property team with the arrival of a team of five underwriters from Zurich. Team leader David Hancock joins as leading class underwriter, property and package and reports into Amlin UK underwriting director, Brian Carpenter.
Amlin raids Aon for new risk chief
Amlin has appointed Alex Hindson as head of group risk reporting to group chief risk officer James Illingworth.
Axa's Paul Meehan raids Aviva for senior team member
Axa has appointed Darren Cornish to the role of head of claims experience.