News
Towers Watson: 2011 will be the most "significant year of reform ever"
Preparation challenges for Solvency II costing billions of pounds are set to help make this the most significant year of reform ever faced by the UK insurance industry.
Towers Watson: 2011 will be the most "significant year of reform ever"
Preparation challenges for Solvency II costing billions of pounds are set to help make this the most significant year of reform ever faced by the UK insurance industry.
Capita insurance boss promoted to board in shake up
Vic Gysin, the divisional director for Capita's insurance and investor services division, has been appointed to the group board as part of shake up.
Broker AJG UK recruits new director from Hiscox
Philip Saunders has been recruited from Hiscox to join the 14-strong binding authority unit at Arthur J Gallagher UK as divisional director.
Broker AJG UK recruits new director from Hiscox
Philip Saunders has been recruited from Hiscox to join the 14-strong binding authority unit at Arthur J Gallagher UK as divisional director.
Achilles extends Brit deadline again as offer acceptances remain static
Achilles’ offer to acquire the entire issued and to be issued share capital of Brit Insurance is being extended and will remain open for acceptance until the next closing date which will be 1.00pm (London time) on 22 January 2011.
Achilles extends Brit deadline again as offer acceptances remain static
Achilles’ offer to acquire the entire issued and to be issued share capital of Brit Insurance is being extended and will remain open for acceptance until the next closing date which will be 1.00pm (London time) on 22 January 2011.
RI3K trio join rival Xchanging
Xchanging has appointed Mark Badman, Alan Ratcliff and Greg Denham to its Xchanging Ins Sure Services arm.
Three factors shaping insurance start-ups in 2011
London market specialists Northdoor has identified three key factors that will shape the start-ups market in 2011.
Duo joins Zurich Private Clients
Zurich Private Clients has appointed Andy Williamson as UK development manager and Geraldine Holding as UK underwriting manager.
Eiopa unveils new management board
The European Insurance and Occupational Pensions Authority has announced its newly elected management board and acting chairperson.
Eiopa unveils new management board
The European Insurance and Occupational Pensions Authority has announced its newly elected management board and acting chairperson.
Ombudsman proposes £15m budget hike as PPI claims stack up
The Financial Ombudsman Service today published its public consultation on its proposed budget for the next financial year (2011/2012).
Ecclesiastical offers VAT break to churches
Ecclesiastical has proposed increasing sums insured for all church buildings used for worship to reflect the new level of VAT without any charge.
Ex-CEO of HSBC Insurance Brokers appointed chairman of Medicals Direct
Philip Gregory has been appointed chairman of medical services solutions provider Medicals Direct Group.
Ex-CEO of HSBC Insurance Brokers appointed chairman of Medicals Direct
Philip Gregory has been appointed chairman of medical services solutions provider Medicals Direct Group.
Blanc to join Axa on Valentine's Day
Axa has revealed that Amanda Blanc will join Axa UK’s commercial lines business as chief executive on 14 February 2011.
Australian insurers keep well above water despite floods
Moody’s weekly credit outlook has said that despite the negative impact of the flood on Australian insurers’ profits, it is not a material credit event.
Allianz Commercial gains chartered status
The Chartered Insurance Institute has granted Allianz Commercial chartered status for its commitment to ethical conduct and professionalism.
Potholes cause rise in insurance claims
Insurance claims arising from damaged cars are likely to spike as a result of a "nasty rash" of potholes across the UK's roads caused by the recent harsh weather, the AA has warned.
PwC: "Uncertain" outlook for insurance market
Activity grew strongly in the UK financial services sector for the second quarter in a row in the three months to December, however, profitability did not increase as fast as expected, growing at the slowest pace for 18 months, and numbers employed in…
Omega consults largest shareholder following Canopius bid approach
Lloyd's insurance group Omega has confirmed receiving an "unsolicited" approach from rival Canopius for the business.
Dramatic rise in pet insurance premiums
UK pet owners are facing a steep increase in pet insurance premiums driven by rising vet bills pushing up claims inflation, according to Datamonitor.
Power Place gains first broking network customer
Power Place has added 1 Answer to its client list – the first broker network to sign up to the service.