News
Insurers defeat fraudsters attempting to claim more than £117 000
Hill Dickinson Fraud Unit and The Co-operative Insurance have cracked down on a fraud ring that attempted to claim over £117 000.
CC receives wave of industry response to private motor insurance investigation
Opening responses to the Competition Commission’s investigation into the private motor sector have been received from a variety of interested parties.
Law Society backs access to justice overhaul
The Law Society has backed Government plans to introduce a regime for ‘class actions’ which it says will enhance access to justice for consumers who have suffered because of anti-competitive behaviour.
Churchill names Dawn French as successor to ousted Clunes
TV comedian Dawn French has been snapped up as the new face of Churchill Insurance, two months after the firm dropped Martin Clunes for incurring a driving ban.
Three Mapfre offices become branches
Mapfre Global Risks' representative offices in Germany, France and the United Kingdom are to become fully fledged branches.
HSBC's Ping An stake sale approved by regulator
China’s regulator has approved HSBC’s sale of its 15.6% stake in Ping An Insurance to Thai billionaire Dhanin Chearavanont for $7.4bn.
DWF completes Fishburns merger
Law firms DWF and Fishburns have merged, with the latter being fully incorporated into the former as of today.
Staffordshire broker secures future with sale to Jelf
Jelf has acquired Newcastle-under-Lyme-based Howell Shone Insurance Brokers.
Argo poaches Aon's marine claims director
Argo today unveiled Robert Dobson as its new marine claims manager.
Bennetts strengthens commercial team with dual hire
Bike insurance specialist Bennetts has moved to bolster its commercial team with the double appointment of Ben Blake as senior commercial development manager and Michael Fasulo reporting into him as commercial development manager.
Action Claims unveils new brand
Action Claims is rebranding as Action 365 as of today in a move that it hopes will reflect the portfolio of products and services it provides to its broker and insurer clients.
Lonmar hires Balchin to grow international marine account
Independent Lloyd’s broker Lonmar Global Risks has appointed marine cargo specialist Ian Balchin to help develop its international cargo account.
Argo looks to Aon for marine claims manager
Argo International has appointed Aon’s former marine claims director as its new marine claims manager with immediate effect.
DAS partners Simpson Millar to launch pre-paid legal plan
Legal expenses insurer DAS is to partner with law firm Simpson Millar to launching an insurance-backed pre-paid legal plan.
Lonmar names marine division director
Lonmar Global Risks has appointed Ian Balchin division director of marine.
R&Q 2012 profits “in line with expectations”
Profits at run-off provider Randall & Quilter are set to match market expectations for the calendar year 2012 it was announced today.
Stackhouse Poland completes LFC acquisition
Stackhouse Poland has increased its gross written premium "closer to the £100m barrier" with the acquisition of the business of LFC Insurance Brokers.
Autonet launches eco-friendly drive with paper switch
Autonet is to switch to a new office supplier in a bid to be more eco-friendly.
Insurers and Australian government work together in bushfires aftermath
Insurers and the government are helping residents in Tasmania recover following huge bushfires after extraordinarily hot weather.
Chinese regulator to rule on HSBC's Ping An stake sale
The Chinese Insurance Regulatory Commission is expected to rule on HSBC's proposed stake sale to Thai conglomerate Charoen Pokphand Group on 1 February.
Drive Assist creditors will not get all their money back
A number of creditors of failed credit hire company Drive Assist will not be paid all of what they are owed, said Zolfo Cooper, the firm’s administrators.
Fitch: Drivers’ occupation can help insurers assess risk
Fitch Ratings highlighted that putting more weight on factors other like occupation, now that the gender element is no longer in play, is a “valid and valuable” factor for motor underwriters.
Sheilas’ Wheels Broker enters telematics market
Sheilas’ Wheels Broker has launched Sheilas’ Wheels Model Driver, a telematics product which aims to offer female drivers with a way to save money on their insurance.
Oswald floods reach AUS$300m insured loss
Flooding from ex-Tropical Cyclone Oswald has generated almost 26,000 claims in Queensland alone, according to the Insurance Council of Australia, with insured losses for the state estimated at AUS$290m.