News
Network approach attracts 'middlemen'.
The Financial Services Authority's plan to allow broker networks to regulate scores of independent b...
View from the Top.
Interesting times lie ahead. Motor premiums are not rising to keep pace with claims inflation, while...
RAA releases industry results
The top 50 property and casualty reinsurers in the US wrote $30.8bn in net premiums in 2002, accordin...
Turbulent times ahead
The reinsurance industry could be about to suffer a casualty, according to speakers at the Associatio...
Court approves sales of Gerling reinsurance operations
The Gerling group said that it would finally sell its reinsurance operations to a company controlled ...
American Club sails into profit
New York-based marine protection and indemnity (P&I) mutual the American Club made an operating profi...
Insurance industry incompetence wastes money
Insurance industry incompetence is wasting tens of millions of pounds in unnecessary litigation eve...
Caught in a suntrap?
As British holidaymakers head for warmer climes, the sale of insurance by travel agents is the hottest topic across the industry. The Treasury has decided against regulation of cover when it is sold as part of a package holiday, so consumers may still…
Adjusting to a changing brief.
Long-serving chief executive of Cunningham Lindsey UK Gerry Loughney has seen the company through its ups and downs. He talks to Anthony Gould about his views of the market and how his own business is changing.
Calls to sanction the fraudsters.
John Baldock, UK director of investigation services at GAB Robins, called for the imposition of sanc...
Networks set to take on FSA role
A significant number of independent brokers could be regulated by broker networks, and not directly...
Standards may curb failures
Supplier failure has been an all-too-common occurrence in the insurance sector recently. This may stem from a loss of experienced workers and the failure to develop vital forensic skills. Chris Wylde believes stricter standards could be the answer.
Swiss giant sets up UK-based insurer
Zurich's global reinsurance subsidiary Converium has established a Financial Services Authority-reg...
Appointment at Citybond
Following continued expansion and the recent acquisitions of the Suretravel and TPG retail schemes,...
Treasury lambasted over travel cover sale decision
Insurers and brokers have reacted with anger and dismay to the Treasury announcement that travel in...
Joint scheme administrators increase scheme payment
The joint scheme administrators of Sovereign Marine & General Insurance - Tony McMahon and John War...
Appointment at Griffiths & Armour
Griffiths & Armour has appointed David Haram as partner and main board director. Stephen Bamforth h...
An upset Europe
It is not only the UK insurance market that is less than healthy, the lack of choice throughout Europe is causing concern for major businesses. Lee Coppack says the shrinking environment for commercial risk is causing one or two headaches for risk…
Norwich Union hits out at law change
Norwich Union, the UK's largest car insurer, has hit out at the law change that will see uninsured ...
Think-tank head calls for government move.
Guy Palmer, director of left-leaning think-tank the New Policy Institute, said he saw little hope of...
Investment company acquires 24/7 Assist
Investment company Quaestor Capital has acquired the medical liaison company 24/7 Assist and is loo...
TAG: inevitable demise
Claims management companies have again been hitting the headlines after the recent redundancy-by-text-message story. With The Accident Group meeting the same fate as Claims Direct, Paul Shenton asks is this the inevitable end of an era?
Time to go for "quick wins" in IT.
With reference to "Feel the benefit of new IT solutions" (Post Magazine, 5 June, p10), the sentiment...
Heath Lambert Group may restart plans for initial public offering
UK insurance broker Heath Lambert Group may restart plans for an initial public offering, following...