News
Lloyd's managing agents offered guidance on Eurozone exit
Lloyd's managing agents have been given new guidance on how insurance and reinsurance contracts may react in the event of a Eurozone exit.
Keycare lands Tesco Bank deal
Incident management specialist Keycare has clinched a three-year contract providing a key replacement service for Tesco Bank's motor insurance customers.
Drive Assist calls in the administrators
Credit hire company Drive Assist has gone into administration.
Insurers 'force claimants to settle for less'
A personal injury boss has accused the government of approaching the problem of whiplash "from the wrong end" by ignoring the largely legitimate number of whiplash claims.
Julian James to quit Lockton
Julian James is to resign as chief executive of Lockton International and will leave the firm at the end of January.
MoJ whiplash consultation calls for PI small claims limit extension
The Association of British Insurers has responded favourably to the publication of today's government whiplash consultation, which states that the RTA small claims court limit should be increased to £5000.
LMA issues Eurozone exit advice
The Lloyd's Market Association and law firm Clyde & Co have issued guidance on the impact on insurance and reinsurance contracts of a Eurozone exit for managing agents.
Guernsey’s zero-10 regime gets EU approval
Guernsey’s zero-10 corporate tax regime has been given the final seal of approval by the European Union.
Airmic invites new pitches for compliance database
Risk management association Airmic has issued a second request for proposals for companies interested in creating a global database of international insurance requirements.
German insurance market faced 'inertia' in 2012 P&C results
The outlook for the German insurance market remains negative, according to rating agency Moody's.
Aon Hewitt appoints global benefits leader from Mercer
Aon Hewitt, the human resources solutions business of Aon, has appointed Janine Heijckers-van den Nieuwenhuysen as global benefits leader for EMEA.
Towergate Underwriting makes four regional hires
Towergate Underwriting has appointed four regional development underwriters to provide local, face-to-face underwriting for a small panel of key supporting brokers.
Beazley announces new property head
Lloyd's insurer Beazley has announced that current head of property Jonathan Gray will step down after 11 years in July next year, to be replaced by Mark Bernacki.
Man jailed after using frying pan receipt for bogus travel claim
A man who submitted a receipt for a frying pan as evidence for a fraudulent £2000 travel insurance claim has been jailed today.
Marsh becomes first global broker to gain chartered status
Marsh's UK operation has been granted chartered insurance broker status by the CII.
Arch faces legal challenge in Malta over D&O policy
Lloyd's insurer Arch Insurance Company (Europe) is being challenged in the Superior Courts of Malta in connection with a directors' and officers' policy for European Insurance Group.
Limited damage after Japan quake
The magnitude 7.3 earthquake that struck off the northeast coast of Japan on Friday is not expected to have caused significant damage, according to catastrophe modelling firm AIR Worldwide.
Brit's Doran joins QBE as underwriting manager
QBE has appointed Amanda Doran, pictured, as underwriting manager of its UK combined portfolio with immediate effect.
GAB adjuster joins Direct Group investigation team
Direct Group has appointed counter-fraud expert Tim Richardson as director of investigation services operations.
Insurance head to leave European Commission
One of the key figures involved with the development of Solvency II is to leave the European Commission.
JLT Re nabs Aon broker
JLT Reinsurance Brokers has appointed Thomas Dubecq as partner.
JLT Re appoints Aon's Dubecq as partner
JLT Reinsurance Brokers has appointed Thomas Dubecq as partner to support its growing international presence.
French insurers call for nation-by-nation capital approach
Proposed strict capital rules for EU-based insurers should be made flexible enough to suit the needs of companies in each country, according to a European insurance lobby group.
Ex-NIG director Parry returns with start-up
Former NIG sales and distribution director Dave Parry has launched a business consultancy specialising in the insurance sector.