News
Aon Benfield launches Thailand flood model
Reinsurance broker Aon Benfield has created a flood model for Thailand to help insurers better understand exposures.
Business Insight expands to new Warwick offices
Risk modelling firm Business Insight has moved to larger offices to boost plans for growth and product development.
Allianz boss hails "important" 10-year Asian bancassurance deal with HSBC
Allianz and HSBC have signed a 10-year exclusive bancassurance distribution agreement in Asia.
RSA secures third bilateral agreement
Global insurer RSA has signed a bilateral agreement with LV in a bid to speed up motor payment processes and remove unnecessary costs.
Marsh hires EMEA cyber head
Marsh has appointed Stephen Wares as leader of the cyber risk practice in the firm's Europe, Middle East and Africa risk practices group.
HKFI sets up task force as second round of regulation consultation begins
The Hong Kong Federation of Insurers has welcomed the second-round consultation on the proposed establishment of an independent insurance authority.
Marsh recruits Hiscox technology head for EMEA cyber risk role
Marsh has appointed Stephen Wares as leader of its Europe, Middle East and Africa cyber risk practice.
Nexus Underwriting names interim COO
Speciality managing general agent Nexus Underwriting Management has made four new operational appointments.
Arista unveils development tie up with CRK and Prestige
Commercial lines underwriter Arista Insurance has launched deals to work with two brokers to develop schemes targeting specialised insurance needs.
Select & Protect joins Paradigm GI panel
Select & Protect has entered into a strategic partnership with Paradigm Mortgage Services providing access to its home insurance products.
Bluefin relationship with ICAEW extended for three years
Bluefin Professions has secured an exclusive appointment to provide professional indemnity and office insurance to members of the Institute of Chartered Accountants in England and Wales for a further three years.
Think tank calls for FCA to be 'terminated at birth'
The government has been warned to abandon the incoming Financial Conduct Authority in favour of handing consumer protection issues to the existing Financial Ombudsman Service.
US homeowners batten down the hatches as Hurricane Sandy nears
Risk modelling experts predict mass damage to properties and widespread power outages across New York City when Hurricane Sandy hits the east coast of the US today.
Sterling boosts number of CII qualified staff
A year after being awarded Chartered Insurer status, Sterling Insurance said that it is committed to supporting staff in obtaining CII qualifications.
MP given eight-week ban after driving without insurance
Labour MP Jon Cruddas has been banned from the roads and told to pay a fine by Westminster magistrates after pleading guilty to driving with no insurance.
Towergate makes double media and entertainment hire
Towergate has appointed ex-Robertson Taylor duo Steven Howell and Darren Vickery to the broker's specialist media and entertainment team in the Coverex division.
Mapfre reports 44.8% growth in Brazil in Q3 2012 results
Mapfre has reported revenues of €19.4bn for the first nine months of 2012, a 10.5% rise compared with the same period last year.
Barbon appoints former Scottish Provident boss as non-exec
Property broker Barbon has appointed ex-Scottish Provident CEO and Royal Liver Assurance chairman David Woods as a non-executive director.
Aon reports Q3 income growth
Aon has reported organic revenue growth of 4%, driving total group revenue to $2.7bn in the third quarter of 2012.
RFIB names property and construction director
Independent broker RFIB has recruited Faber Global's Edward Clark as director of global property and construction.
Ferma working party sets out timetable for European risk management certificate
The Federation of European Risk Management Associations intends to announce a definite plan for the European certification of risk managers at the Ferma Risk Management Forum in September 2013.
IFED charges seven 'ghost brokers'
The Insurance Fraud Enforcement Department has charged seven people with conspiracy to defraud and other fraud related offences.
Keychoice links with TFP Schemes on taxi risks
Independent broker community Keychoice has signed a deal with specialist insurance provider TFP Schemes to offer cover for taxi risks to its 800 members.
Xchanging signs five year renewal deal for IMR
Xchanging, the business process, procurement and technology services provider and integrator, has been awarded a five-year extension to its contract to operate the Insurers' Market Repository.