News
Leading industry light Clements passes away
A leading light in the insurance and reinsurance industries, Robert (Bob) Clements, has passed away.
Capita Consulting launches financial services practice
Capita Consulting has launched its new financial services consulting practice, appointing Tony Tarquini, formerly head of financial services at Celerant Consulting, to head up the new operation.
Glacier Re to wind down business after stategic review
European reinsurer Glacier Reinsurance, has announced that the company’s existing portfolio will be placed in to an orderly run-off with immediate effect.
Insurance sector calls for environmental action
Four insurance climate change initiatives have today launched a global insurance industry statement on adapting to climate change in developing countries.
New Zealand losses estimated to top £1.3bn
Insured losses from the New Zealand earthquake are estimated between NZD 2700m (£1268m) and NZD 6000m (£2814m).
Insurance sector calls for environmental action
Four insurance climate change initiatives have today launched a global insurance industry statement on adapting to climate change in developing countries.
HCC appoints PI senior underwriter
HCC International has announced the appointment of John Booth to its professional indemnity division, as a senior underwriter.
Blackham raids Bluefin for operations boss
Insurance consultancy and investment house Endorphin has appointed Robert Brown as a partner of Endorphin Consulting LLP.
Swiftcover cracks down on claims
Swiftcover has said it wants to crack down on drivers who lie about their previous claims to get cheaper insurance.
IUA: businesses “dangerously exposed” to new environmental laws
Businesses relying on traditional public liability policies to insure against environmental risks may be “dangerously exposed” to new laws designed to make polluters pay for damage, according to the International Underwriting Association.
French tax proposals have negative implications, says Moody's
Proposed changes to the tax rates on French life products might provoke short-term switches to other insurance products, which would have negative credit implications for life insurers, according to Moody’s.
New Zealand hit by major quake
New Zealand’s second largest city, Christchurch, has been hit by an earthquake measuring 7.4 on the Richter scale.
IUA: businesses “dangerously exposed” to new environmental laws
Businesses relying on traditional public liability policies to insure against environmental risks may be “dangerously exposed” to new laws designed to make polluters pay for damage, according to the International Underwriting Association.
French tax proposals have negative implications, says Moody's
Proposed changes to the tax rates on French life products might provoke short-term switches to other insurance products, which would have negative credit implications for life insurers, according to Moody’s.
Reinsurance will absorb quake losses, says IAG
Insurance Australia Group has said it is "too early" to determine the extent of damage in Christchurch following the earthquake at the weekend.
Brokers "fighting harder" for customers during downturn
Brokers have had to fight harder to get claims paid during the economic downturn due to the stricter policy interpretations and anti fraud-systems put in place by insurers.
Am Trust makes two appointments
Am Trust Europe has appointed Laura Mansfield as new business development manager to cover its brokers in the Midlands, Wales and Northern Ireland.
Arista appoints three in Bristol
Commercial lines underwriting agency Arista Insurance, has made three appointments to its Bristol office.
LAS joins Fortis panel
LAS has been appointed to Fortis’ panel for roof inspection, validation and fulfilment claims.
Bluefin wins top Scottish league
The Scottish Premier League has appointed Bluefin as its nominated insurance broker to place its central programme for member clubs including Celtic and Rangers.
Lloyd’s to trial Ipads in underwriting process
Lloyd’s has joined with brokers Marsh, Cooper Gay and RK Harrison Group to trial the use of Ipads in its underwriting room.
Open GI appoints customer services head
Software firm Open GI has appointed Michele Munn to the role of head of customer service.
Garwyn appoints four liability adjusters
Garwyn said it has created four new liability adjuster roles to support a rapid growth in demand for its services across the UK.
Allianz releases cycle theft figures for 80 cities
Allianz figures on bicycle theft in around 80 German cities with a population of more than 100 000 shows that bikes are sought-after stolen goods, but thieves seem to have a strong preference for some cities over others.