News
Post pick of the week
Jonathan Swift, editor of Post Magazine, outlines the main news stories in this week's issue including: RSA outlines its latest global expansion plans with developments expected in Latin America, The Far East and Eastern Europe; why the FSA’s commission…
FSCS steps in after broker goes bust
The Financial Services Compensation Scheme has announced it is stepping in to help customers of Your Health Plus Insurance Services of Bracknell after the firm went into administration. FSCS has now declared the firm in default.
Cunningham director joins Davies
Loss adjuster Davies Group has appointed Gary Liptrot as a director. In his new role he will focus on strategic development and, in particular, client relationships and new business opportunities across its UK network.
3XD launches broker products
3xd has extended its range of products and services to include a general insurance proposition for intermediaries.
Aon trio wins IIL award
Mathematical flair, an unmatched grasp of reinsurance and an insight into business practice has led three Aon employees to win prizes for their ACII exam scores from the Insurance Institute of London.
Ministers meet with the ABI to discuss floods
UK Floods recovery minister, John Healey, the economic secretary to the Treasury, Kitty Ussher, Defra minister Jonathan Shaw and BERR minister Pat McFadden met today with representatives from the Association of British Insurers for a second time to…
Guy Carp settles suit with Integro defectors
Reinsurance broker Guy Carpenter has confirmed that it has settled UK litigation pending against three former executives, Julian Samengo-Turner, Ron Whyte and Marcus Hopkins, who defected to rival broker Integro in April 2007.
PWS four bailed again
City of London police have confirmed that the four executives of Lloyd’s broker PWS who were arrested back in January 2007 have had their bail extended once again.
CII positions itself for distribution review changes
The CII has launched the first of its position papers on the future landscape of the financial services industry, in response to the Financial Services Authority Retail Distribution Review.
QBE integrates Irish operations
QBE today announces the launch of QBE Ireland following the integration and rebranding of its three Irish primary insurance businesses, D A Constable Syndicate (Ireland), Ensign and QBE Insurance.
Cover TV: hear from six of the health and protection sector's leading lights
COVER, the specialist magazine for the health and protection sector, is this month celebrating its 10th anniversary. To mark the occasion magazine editor Johanna Gornitzki conducted a series of one-off TV interviews with six leading industry figures,…
Flooding effect is negligible on motor premiums
The June floods had little effect on motor insurance premiums in the direct market during quarter three, according Experian, the global information solutions company.
FSA to contact all small firms as part of TCF drive
The Financial Services Authority today announced it is introducing new measures to increase its contact with small firms. The aim is to help firms make faster progress in meeting the FSA's Treating Customers Fairly intiative and to identify, more quickly…
AI Claims hires vehicle supply manager
Ai Claims Solutions has appointed Andy Crinson to the position of head of vehicle supply reporting to Jim Monteith, technical services director.
Broker Network makes 21st acquisition
Broker Network Group has today aquired commercial insurance brokers Priestley & Partners Brokers its twenty-first acquisition.
Thomson Local launches aggregator
Directory service Thomson Local has launched an aggregator through BeatThatQuote.com's new white label service.
New measures to help small firms from FSA
The Financial Services Authority (FSA) will introduce new measures to increase its contact with small firms. The aim is to help firms make faster progress in meeting the FSA's Treating Customers Fairly (TCF) initiative and to identify, more quickly,…
Junction in Co-operative Insurance deal
Junction has been selected by Co-operative Insurance as its long term partner to develop a motor web product that will be used on aggregators.
St Paul enters third year of RICS deal
St. Paul Travelers has renewed its sponsorship agreement with the Royal Institution of Chartered Surveyors.
Aspen in $50m accelerated share buyback
Bermudian (re)insurer Aspen ha sannounced that it has entered into an accelerated program to buy back and cancel a further $50m of its shares as part of a $300m buyback programme.
Bowman named as Crawford CEO from Jan 08
Jeffrey Bowman has been named president and chief executive officer of Crawford & Company, effective Jan. 1, 2008. Mr Bowman is currently chief operating officer of Crawford’s Global Property & Casualty Services unit.
IP launch planned from after Somerville appoints McCooey
Somerville Holdings has appointed Sarah McCooey, ex-managing director of Lloyd’s underwriting agency Special Risk Services, for a push into the intellectual property market.
SFO likened to Dickens' Micawber
Philip Condon’s defence counsel likened some of the Crown’s accusations at his client to the David Copperfield character Wilkins Micawber, claiming the prosecution was simply hoping “something would turn up”. Ralph Savage reports .
Axa demands Goverment action over fraud
Axa has today called on the Government to treat fraud more seriously and to focus police resources to fighting this problem.