News
India - just for the brave?
Last week Accenture provoked denials when it suggested UK insurers are set to move the bulk of their customer-facing functions to India. Simon Roncoroni argues that it would take a brave insurer to do it.
The right tool for the job.
The nuts and bolts of traditional employers' liability policies is a bit of a grey area and with a rise in complex personal injury claims going before employment tribunals, insurers are keen to ensure the cover matches the exposure, says David Fanning.
The lack of terrorism insurance ...
The lack of terrorism insurance is already hitting the US economy, according to excerpts from a repo...
A word from our sponsor - Ansa: preventing the drainage of costs for insurers
The Ansa Group was formed in 2001, although one of the group entities has traded for 20 years. Ansa e...
Taken for a ride.
It may come as little surprise to discover that an increasing number of seemingly genuine personal injury claims are actually pure fabrication. However, Simon Threadgold insists there are ways that insurers can fight back, giving claimants no choice but…
Appointment at Hill House Hammond.
Alastair Denness has been made insurer relations manager within the commercial division on the Hill ...
Alarm bells ring over fire cover.
Public and private risk management bodies are to hold a conference next month to encourage organisat...
RSA quits reinsurance and centralises run-off.
Royal & Sun Alliance, which has permanently quit the inwards reinsurance market after a £20m underwr...
London-based reinsurance broking giant the BMS Group ...
London-based reinsurance broking giant the BMS Group has signed a five-year outsourcing contract wit...
An unacceptable and extraordinary year says RSA chief
Last year was 'an extraordinary " and " a very difficult year for us, and we are disappointed with ou...
Comment: the true value of claims
As new problems create escalating claims costs, it is important to ensure claims strategies are refre...
Yarl's Wood delay as loss adjusters seek access to site.
Lloyd's syndicate DJ Pye 962 is waiting for its loss adjusters to gain access to the Yarl's Wood det...
Appointment at GAB Robins.
Paul Ritchie, a Chartered Building Surveyor as well as being a loss adjuster, has been made area oper...
Monevate launches top-10 online bid.
New online insurance distributor Monevate plans to offer life, motor, home, term insurance and mortg...
Calling time.
In a tough market, underwriters have always been choosy about which pubs and clubs they take onto their books. Now increasingly restrictive warranty demands have caused further problems for the sector. Time please, says David Fanning.
Budget aims for top-three slot.
Budget has stated its intention to become a top-three personal lines intermediary, after unveiling p...
Whole in one.
As commission rates are slashed, brokers are having to use their initiative to bring in business. Wholesale schemes have been flagged up as one good way to get a better shot at the market. Simon Threadgold tees off.
Insurers blamed as BTE falters.
Brian Raincock, managing director of after-the-event insurer Litigation Protection this week hit out...
Glasplus has created an online claims validation system ...
Glasplus has created an online claims validation system for vehicle windscreens. At the website www....
D&O set for balance sheet rethink after Enron.
As a result of the collapse of US energy conglomerate Enron, directors' & officers' insurers may sta...
The American Club manager, Shipowners Claim Bureau ...
The American Club manager, Shipowners Claim Bureau, has demerged from broker Marsh. The company used...
Swiss Re is confident of business growth ...
Swiss Re is confident of business growth and profitability this year, despite forecasting loss for 2...
Trenwick makes losses in fourth quarter 2001 and full year
The Bermudian (re)insurance group Trenwick made a net loss of $26.4m in the fourth quarter last year ...
Swiss Re and XL settle credit swap dispute
Swiss Re Financial Products and XL Insurance (Bermuda) have withdrawn claims against each other in a ...