News
Select & Protect joins Paradigm GI panel
Select & Protect has entered into a strategic partnership with Paradigm Mortgage Services providing access to its home insurance products.
Bluefin relationship with ICAEW extended for three years
Bluefin Professions has secured an exclusive appointment to provide professional indemnity and office insurance to members of the Institute of Chartered Accountants in England and Wales for a further three years.
Think tank calls for FCA to be 'terminated at birth'
The government has been warned to abandon the incoming Financial Conduct Authority in favour of handing consumer protection issues to the existing Financial Ombudsman Service.
US homeowners batten down the hatches as Hurricane Sandy nears
Risk modelling experts predict mass damage to properties and widespread power outages across New York City when Hurricane Sandy hits the east coast of the US today.
Sterling boosts number of CII qualified staff
A year after being awarded Chartered Insurer status, Sterling Insurance said that it is committed to supporting staff in obtaining CII qualifications.
MP given eight-week ban after driving without insurance
Labour MP Jon Cruddas has been banned from the roads and told to pay a fine by Westminster magistrates after pleading guilty to driving with no insurance.
Towergate makes double media and entertainment hire
Towergate has appointed ex-Robertson Taylor duo Steven Howell and Darren Vickery to the broker's specialist media and entertainment team in the Coverex division.
Mapfre reports 44.8% growth in Brazil in Q3 2012 results
Mapfre has reported revenues of €19.4bn for the first nine months of 2012, a 10.5% rise compared with the same period last year.
Barbon appoints former Scottish Provident boss as non-exec
Property broker Barbon has appointed ex-Scottish Provident CEO and Royal Liver Assurance chairman David Woods as a non-executive director.
Aon reports Q3 income growth
Aon has reported organic revenue growth of 4%, driving total group revenue to $2.7bn in the third quarter of 2012.
RFIB names property and construction director
Independent broker RFIB has recruited Faber Global's Edward Clark as director of global property and construction.
Ferma working party sets out timetable for European risk management certificate
The Federation of European Risk Management Associations intends to announce a definite plan for the European certification of risk managers at the Ferma Risk Management Forum in September 2013.
IFED charges seven 'ghost brokers'
The Insurance Fraud Enforcement Department has charged seven people with conspiracy to defraud and other fraud related offences.
Keychoice links with TFP Schemes on taxi risks
Independent broker community Keychoice has signed a deal with specialist insurance provider TFP Schemes to offer cover for taxi risks to its 800 members.
Xchanging signs five year renewal deal for IMR
Xchanging, the business process, procurement and technology services provider and integrator, has been awarded a five-year extension to its contract to operate the Insurers' Market Repository.
Cooper Gay yacht specialist joins Chartis
Chartis has named former Cooper Gay broker Ben Lind as senior yacht underwriter in the firm's private client group.
Mapfre off S&P 'Credit Watch' but Spanish economy continues to cause fears
Standard & Poor's cited uncertainty over the future of the Spanish economy as the reason behind its decision to affirm a ‘BBB+’ long-term rating on the core operating entities of Mapfre.
Sri Lankan MP calls for action over bogus reinsurance arrangement
Sri Lanka Insurance Corporation is reported to have lost Rs.208m by entering into a bogus reinsurance agreement.
Philippines earthquake pool moves a step closer
The Philippines insurance industry, government and multilateral lending agencies hope to reveal further details of the country's first earthquake insurance pool in December, it has emerged.
RSA and Dutch MGA strike $100m marine capacity deal
RSA and Rotterdam-based Underwriting Agency Charterama have announced a new partnership to market and distribute charterers' liability cover on a global basis.
Smith leaves Ink
The managing director of Ink Insurance Mike Smith has been placed on gardening leave.
Validus reports Q3 operating income up 50%
Bermudian insurer and reinsurer Validus saw a sharp rise in net operating income for the third quarter of 2012, reporting an increase of $58m.
RSA expands marine offering with Dutch deal
RSA is to provide up to $100m of charterers' liability capacity to Charterama, a Rotterdam-based underwriting agency.
IMR extends Xchanging tie-up
Xchanging has been awarded a five-year extension to its contract to operate the Insurers' Market Repository.