News
A real eye-opener.
Many believe blind-bidding to be the most effective way to settle disputes out-of-court. However, law firms need to open their eyes to the opportunities available before the system sees wider success, says Lynn Rouse.
XL Capital: WTC losses get gross revision.
XL Capital has reacted to criticism from investment bank Morgan Stanley and others that insurers are...
Courtage for sale.
CGNU has put its French general insurance commercial lines broker distribution business, CGU Courtag...
Down to business?
There may be some confusion about what is and is not covered by a policyholders' business interruption insurance in the wake of the US terrorist attacks. Harry Roberts believes it is important to make the scope of cover clear at the outset.
Willis: jet cover.
Broker Willis is believed to have placed the cover for the Sibir Airlines jet, which exploded over t...
Room for alliance.
Room Solutions, which provides underwriting systems to the insurance market, has formed an alliance ...
IFA failings.
IFAs are failing to move towards paperless offices, according to a survey carried out by Exchange FS...
Appointment at Allianz Cornhill.
Allianz Cornhill has made three appointments to its Woking branch: Kevin Buckland has been made inte...
Price is top motive.
Price is the still the main reason policyholders switch insurers, with 68.8% of household customers ...
Mould investigation.
Texas insurance commissioner Jose Montemayor has called on the attorney general to investigate mould...
Trading standards.
An insurer's claims service is its shop window, offering customers a glimpse of what is in store. With rates hardening, the prioritising of service standards is more important than ever to ensure customers return, says Edward Murray.
RSA: significant rate increases.
Royal & Sun Alliance has confirmed significant rate increases on UK commercial risks, following the ...
Under one roof.
To retain their market share, loss adjusters are having to provide repair and replacement services in-house. Some are even bringing in specialist expertise to ensure costs don't go through the roof, says David Fanning.
Markel blames poor rates for contract terminations.
Uneconomic reinsurance rates have been blamed for Lloyd's insurer Markel's decision to terminate mar...
Ferma: watershed.
Jane Bernstein reports from Barcelona, where the Federation of European Risk Management Associations (Ferma) conference was held this week.
What the Papers Say.
THE EXPRESS A supermarket baker, praised for tackling three raiders, is to sue Asda after it dock...
Appointment at Hill Dickinson.
Hill Dickinson has made several appointments. Brent Williams and Claire Halsall have joined the comm...
Penny Black's insurance week.
Where have all the good golfers gone? Not to Marsh's new £1bn insurer Axis, apparently. In his drive...
Getting to grips with long-tail liabilities.
The industry constantly gets it wrong when forecasting the likely nature, extent and cost of long-tai...
Appointment at Milliman UK.
John O'Neill has joined actuarial consultancy Milliman UK as senior consultant and actuary to develo...
Appointment at Aon.
Aon has made three appointments. Tommy Garvey has joined as senior investment consultant in the inve...
Pakistan delegation to visit Lloyd's.
A delegation from Pakistan was expected to visit Lloyd's this week, in a bid to lower premiums that ...
Tata AIG joins forces with bank.
A leading Indian bank has teamed up with Tata AIG to sell general insurance products through its bra...
Appointment at Towry Law.
Will Chiles has joined Towry Law as a healthcare consultant and will be covering an area from the Mi...