News
BIA finalists
The future of insurance lined up to compete for the title of Young Achiever of the Year at the recep...
Mediation increase expected
The use of mediation by insurers is expected to rise after a change to a legal protocol encouraged c...
Colemont opens new Bulgarian operation
Colemont has opened a new Bulgarian-based insurance operation. Colemont Bulgaria Insurance and Reins...
AMG buy spurned rivals
Sigma Claims Solutions rejected several approaches from possible acquirers before the liability spec...
Equitas reports total revenues
Lloyd's run-off vehicle Equitas this week reported that the group's total gross reserves on 31 March...
What the papers said this week
THE TIMES - Aviva has won two large corporate insurance contracts in Russia and is on track to beco...
Axa goes live
Insurer Axa has become the first insurer to go live on the Acturis platform with an integrated I-mar...
Rainbow International sponsors initiative
An initiative to create a British Standard for carpet cleaning is being sponsored by restoration spe...
Appointment at Elborne Mitchell
Solicitor Jonathan Bruce has joined Elborne Mitchell. Mr Bruce has been involved in cases covering v...
Repair giant floats to bolster presence
Nationwide Accident Repair Services said its planned flotation at the end of June would allow it to ...
Taxi Direct claims to have made savings
Taxi Direct claims to have made 75% savings on the time taken to generate quotations within three mo...
Appointment at GHBC Insurance Brokers
Hemel Hempstead-based GHBC Insurance Brokers has appointed Phillipa Sherman as financial controller....
Appointment at Lloyd's Market Association
John Davies has been recruited by the Lloyd's Market Association as a technical executive within its...
Start-up seeks panel boost
Start-up broker network 1 Answer Network is looking for one more insurer to add to its panel, after ...
Fiesta most frequently written-off car
The UK's most frequently written-off cars by motor insurers are blue nine-year-old Ford Fiesta 1.3 E...
Insurer recruits 250 to help UK growth
Fortis Insurance is set to recruit more than 250 employees in Gloucester after getting the green lig...
Appointment at Hill Dickinson
Denise Dowen has been made an environmental partner at Hill Dickinson. Prior to joining the firm, Ms...
Project reaches milestone
The crash repair industry's Publicly Available Specifications project reached a milestone last week ...
Appointment at Davies Lavery
Pauline Rainey, from Barlow Lyde and Gilbert, has joined Davies Lavery as medical relationship manag...
UIA aiming to drive business online
UIA Insurance has launched its new website enabling customers to purchase its general insurance products online. UIA, a mutual company that provides a range of socially responsible insurance products to the not-for-profit sector, has improved the…
Quanta downgrade triggers credit facility default
AM Best has downgraded Bermudian (re)insurer Quanta’s financial strength rating from B++ (Very Good) to B (Fair), an action that has triggered a default under Quanta's credit facility.
Spanish Football Federation to run World Cup €14.6m prize indemnity risk uninsured
Spanish insurance industry publisher Inese has reported that the Royal Spanish Football Federation (RFEF) has decided not to buy prize indemnity insurance and to run its €14.6m in World Cup player and management bonus incentives uninsured after failing…
Alex Forbes CEO resigns as sell-off talks start
Broker Alexander Forbes' group chief executive Rael Gordon has resigned, and it is in discussions with potential private equity buyers of the company, with options for its International Risk Services business that may see it spun-off in a management led…
Alexander Forbes admits sale plan
Broker Alexander Forbes has announced today on the South African Stock Exchange that it is in talks which could lead to a sale of the company.