News
Taking note.
The fact that the UK has not set a date for joining the euro should not deter insurers from doing their homework, as the market will need all the extra time it can get in order to prepare for the complicated changeover, warns Peter Havelock.
The ClaimRoom.com has launched a property conveyancing tool ...
The ClaimRoom.com has launched a property conveyancing tool so all parties involved in a transaction...
Plug pulled on PZU agreement.
The Polish government has confirmed it has pulled the plug on an agreement to sell its controlling s...
Appointment at Dawnay, Day Insurance Services.
West End-based Dawnay, Day Insurance Services, part of the Dawnay, Day Group, has promoted Ian Lee t...
Making sense of vital statistics.
The insurance industry is reliant on social statistics to help it evaluate the risks associated with certain covers. Peter Falush looks at the government's recently published Social trends and indulges in a spot of number-crunching.
A unITed front?
The spate of mergers in the broker sector has provided huge opportunities for IT providers in the form of the integration of company systems. David Fanning taps into some of the complications that can arise.
Groupama goes full cycle.
Groupama Personal Insurances will switch to full cycle electronic data interchange from 1 June for a...
ABI refuses to condemn pay hike.
The Association of British Insurers has refused to criticise Prudential's pay deal for its chief exe...
Appointment at Chase IT Services.
Ken Hare has joined Chase IT Services, IT supplier to the insurance industry, as business requiremen...
Appointment at Ascot Underwriting.
Ascot Underwriting, the Lloyd's Managing Agency that began underwriting last November, has appointed...
Through the internet maze with Richard Griffiths.
Creating a national website for an international company can be tricky and there are many examples o...
Motor insurer Ockham has succeeded in raising £25m ...
Motor insurer Ockham has succeeded in raising £25m through its placing and open offer, announced on ...
McLaren's Taylor moves to Reich brokers.
National client director for Capita McLarens Simon Taylor is to join Manchester-based Reich Insuranc...
Big push for smaller brokers.
As the AIIB and BIBA are poised to merge, many are worried small brokers will lose out. Mike Slack, chairman of the AIIB, explains to Edward Murray his intention to keep smaller members' interests very much in the frame at BIBA.
Appointment at Composite Legal Expenses.
Solicitor Ben Hawkins has been recruited by Composite Legal Expenses, the legal expense provider, wh...
Statistical slanging match must stop.
The statistical slanging match between Lloyd's and the International Underwriting Association should...
A new Florida law has placed a 10% cap on a 40% rate increase ...
A new Florida law has placed a 10% cap on a 40% rate increase scheduled for 1 July. It has allowed t...
Changing social and political attitudes ...
Changing social and political attitudes are leading to increased liability claims, a Lloyd's underwr...
Capita appointed to run-off Syndicate 1900.
Capita Syndicate Management has been appointed to run-off Syndicate 1900, formerly managed by Newmar...
NU management shake-up.
Norwich Union has appointed Bryan Jenkins, currently retail business director, as chief executive of...
Retirement at Royal & Sun Alliance.
Royal & Sun Alliance has announced that deputy chairman Anthony Forbes is to retire after eight year...
CNA gets cash from parent as European operations struggle.
Struggling insurance group CNA's European operations received a further £43.2m support from its US p...
Three investors have put $150m (£105m) into Bermudian reinsurer
Three investors have put $150m (£105m) into Bermudian reinsurer PXRe, raising its capital to more th...
Quick-fix cost cuts no solution.
Two-thirds of UK chief financial officers have said the quick-fix approaches to cost cutting they fa...