News
Career development & CSR news: LV raises £110 000 for charities
LV has raised £100 000 for Great Ormond Street Hospital and £10 000 for The Sparkle Appeal, a charity that helps children with disabilities.
Career development & CSR news: Lloyd's staff make sports day a success
Volunteers with the Lloyd's Community Programme have helped make a success of a sporting event in East London aimed at local children.
Career development & CSR news: Ecclesiastical unveils 13% new business boost with sales academy
Ecclesiastical has claimed the creation of a sales academy for its development underwriters has boosted individuals' new business volumes by 13%.
North-west remains hotbed of UK 'cash for crash' fraud
The North-west is still the 'cash for crash' centre of the UK, despite Birmingham retaining its place at the top Insurance Fraud Bureau's regional hotspot league table.
North of the Border: Waiver of proceedings
The recent opinion of Lord Glennie in the petition of Scottish Lion Insurance Company considered application of the principle of waiver to proceedings under section 899 of the Companies Act 2006. This is the first judicial finding on the application of…
CII unveils pioneering pair
Chubb Europe has become the first insurance company to be granted corporate chartered insurer status by the Chartered Insurance Institute, following accreditation of its Manchester underwriting and service centre.
Long chase for true Brit
Little more than a month ago I mused on the vacant position of UK chief executive at Brit Insurance, as the insurer looked to replace Peter Burrows.
Cox plans to build on Burrows' legacy
New Brit Insurance UK chief executive Ray Cox has insisted he will not "rest on his laurels" following his promotion from divisional underwriting director.
Call for solicitors to act as PI renewal deadline looms
Solicitors have been urged to get on with securing professional indemnity insurance with only a month left until the PI insurance renewal date.
Rival insurers support Aviva composite stance
A host of fellow composites have backed Aviva in its war of words with RSA over whether the model's days are indeed numbered.
Merlin cuts loss by £50m after refinancing
Loss adjusting group Merlin has admitted its ability to win new business has been significantly helped by its recent refinancing.
Chilean earthquake impacts Amlin profits
Amlin has reported a fall in profits of more than £70m after suffering large losses due to the Chilean earthquake.
Meehan throws hat in ring for senior Axa commercial role
Axa Insurance customer experience director Paul Meehan has expressed interest in filling the senior management vacancy in the company's commercial division.
Neil Utley confirmed among Provident runners and riders
A source close to a consortium of insurance investors — including outgoing IAG UK chief executive Neil Utley — has confirmed it is among the frontrunners to buy motor insurer Provident.
Admiral reports record H1 profit as it avoids rival's claim pain
Admiral has bucked the trend of motor insurance groups by reporting that it has seen no "unusual trends in bodily injury or damage claims" as it unveiled a record half year profit.
Merfield hangs up hat at HCML
Helen Merfield, founder and clinical director of HCML, is leaving the rehabilitation provider with immediate effect.
QBE adds underwriter to A&H team
Business insurer QBE has appointed Gemma Seymour as accident and health underwriter in its non-Lloyd’s A&H team.
Axa CEO Maso insists it has no plans to sell broking arm Bluefin
Axa has insisted that it has no intention of selling its Bluefin Insurance Group and remains fully committed to the distribution market.
Claims against professional firms hit 11 year high
Syscap, an independent finance provider, said that high court cases launched against professional firms for negligence have hit an 11 year high forcing more firms to borrow to pay increased professional indemnity insurance rates.
Zurich UK fined £2.3m
The Financial Services Authority has fined the UK branch of Zurich £2 275 000 following the loss of a back-up data tape in South Africa containing information relating to a number of its general insurance customers.
Holiday Extras seals Mapfre deal
Holiday Extras is planning to offer more waived conditions, natural catastrophe cover and in-house medical screening after joining forces with Spanish firm Mapfre Asistencia.
Capita swoops with £30m acquisition of specialist insurance provider
The Capita Group announced today that it has acquired the National Dental Plan group of companies for a cash consideration of £30m on a cash-free, debt-free basis.
Holiday Extras seals Mapfre deal
Holiday Extras is planning to offer more waived conditions, natural catastrophe cover and in-house medical screening after joining forces with Spanish firm Mapfre Asistencia.
AIG repays American taxpayer another $4bn
AIG has applied nearly $4 bn received from International Lease Finance Corporation to the Federal Reserve Bank of New York Revolving Credit Facility, reducing AIG's outstanding principal balance to slightly more than $15 bn, not including accumulated…