News
Mass welcomes Grayling’s call for lower insurance premiums
The Motor Accident Solicitors Society has welcomed Chris Grayling’s challenge to the insurance industry to bring down premiums.
AGCS appoints technology risks underwriter
Allianz Global Corporate & Specialty has appointed James Tuplin as a technology risks underwriter within the financial lines team.
Night-curfew will not cut young drivers premiums
The introduction of a night-curfew for young drivers will not help lower insurance premiums or promote road safety, Insure The Box has warned.
Jelf deal marks return to form, says Alway
"Most if not all" of The Insurance Partnership directors are expected to accept the majority of the purchase price in shares, according to chief executive of the broker's new owner Jelf Group, Alex Alway.
UK General inks Risk Stop partnership
UK General Insurance and Risk Stop have completed a deal that will see the latter provide three years of risk management services to the insurer and its clients.
VFTT: Anticipating client growth aspirations
Europe's slow recovery is encouraging firms to seek growth in unfamiliar markets, but few consider whether their insurer is equipped to support them in their expansion, QBE's Barbara Chandler says.
Opinion: White lies, black lies & statistics
Ms. Nyman’s recent piece in Insurance Insight entitled, “UAE Insurance Sector Expected to Grow in 2013” proved interesting to read for a number of reasons.
Golf course liability case headed to Supreme Court
Solicitors for Niddry Castle Golf Club are awaiting a response from the Supreme Court on permission to appeal against a decision at Scotland’s inner court that found it chiefly liable for an on-course injury.
Swinton and SSP sign five year IT solutions deal
Swinton has renewed a deal with SSP that will see the technology firm provide IT solutions across the business for five years.
Countdown to Biba 2013: #BIBAFever episode one
With days to go until the British Insurance Brokers’ Association conference at the Excel Arena in London, Insurance Age and Post have teamed up with LV to bring you the definitive online coverage of the event with the video series #BIBAFever.
Allianz wins 20-year naming deal for Sao Paulo stadium
German insurer Allianz has entered into an agreement that will see it name Brazil’s newest outdoor stadium, currently known as Nova Arena.
Markel International hires professional risks specialist
Markel International has appointed Bhavik Desai as an underwriter in its professional and financial risks division.
Marsh appoints new head of UK private client services
Marsh has promoted Richard Moxon from senior client manager to leader of its UK private client services division.
Insurers need to prepare for 3D printing revolution
3D printing is set to transform the insurance market as brokers and insurance firms grapple with new concerns around professional indemnity, product recall and product liability risks, according to a report by law firm Mayer Brown.
Q-Re appoints new management team
Q-Re has recruited a new management team, following the appointment of chief executive officer Gunter Saacke in February.
Lloyd’s consortium has construction covered
Four construction risks syndicates in the Lloyd’s market have joined forces to offer underwriting capacity of up to $166m (£108m), in a move that seeks to place the consortium at the forefront of insuring the largest construction risks in the world,…
Jelf buys The Insurance Partnership
Jelf has completed a deal to acquire Yorkshire-based regional broker The Insurance Partnership.
Markel adds professional indemnity underwriter to its team
Bhavik Desai has joined Markel as an underwriter in the insurer’s professional and financial risks division.
Sterling Insurance enters partnership with Questgates
Questgates is to act as the liability claims department of Sterling Insurance.
Quindell stresses strength in face of sliding shares
Outsourcer Quindell has attempt to arrest its declining share price by boasting the strength of its balance sheet.
Co-op rated “junk” by Moody’s
Moody’s has downgraded the Co-operative Bank’s debt rating to “junk” status, warning the bank may need “external support”.
Floods affect over 1m in China
Floods in the provinces of Jiangxi, Anhui and Hunan in China have killed six people and impacted 33 000 hectares of crops.
Starr International opens office in Manila
Hong Kong based Starr International Insurance (Asia) is opening a branch office in Manila to provide general insurance.
WHO issues virus warning
The World Health Organisation has said the novel coronavirus, which is similar to SARS, can pass between humans.