News
SSP enters Australian market with acquisition
IT systems provider SSP is entering into a binding agreement to acquire Australian insurance systems specialist Koukia from Wesfarmers Insurance Division.
Florida Cat Fund reform clears key senate committee
A bill aiming to reduce the limits available and increase co-reinsurance levels under the Florida Hurricane Catastrophe Fund (FHCF) has been approved by the Florida Senate banking and insurance committee.
Gen Re to pay $5m fine instead of convicted execs
BESTWIRE — The five insurance executives convicted last month of fraud in connection with a sham reinsurance deal will no longer be required to pay $5 million under a separate forfeiture claim filed against them by the US government.
Heritage invests in new business development manager
Heritage has appointed Paul Aitchison to its newly created position of business development manager at Heritage Mutual Management in its London office.
CII supports ABI call for personal injury action
The Chartered Insurance Institute has supported the Association of British Insurer's call today for the government to follow through on its proposed reforms to the personal injury compensation system.
ABI takes personal injury reform call to Parliament
The Association of British Insurers is hosting a parliamentary reception at the House of Commons this afternoon as part of its latest push to urge the government to implement proposed reforms of the personal injury compensation system. Read the ABI's…
Markel International promotes two board members
Markel International has announce the promotion of two members of the board. Jeremy Brazil has been promoted from director of London underwriting to active underwriter syndicate 3000, and William Stovin has been appointed chief administrative officer.
Questgates director elected to CILA
A Questgates director has been elected to the Liability Special Interest Group of the Chartered Institute of Loss Adjusters.
Whittington appoints Loudon
Whittington Group has announced the appointment of John Loudon as non-executive chairman.
Brit branches into Northern Ireland
Brit Insurance has established an underwriting presence in Northern Ireland.
HCC Insurance Holdings announces promotion
HCC Insurance Holdings has promoted Jackie Kellems to vice president of enterprise risk management.
Lancashire strengthens board
Lancashire Holdings has announced the appointment of John Bishop as an additional non-executive director.
London firms under-prepared for terrorist attack, according to survey
London firms are under-prepared for a terrorist attack despite the threat of activity remaining high in the capital, according to broker and risk advisor Marsh.
Ironshore enters healthcare liability sector
Ironshore has announced it is entering the healthcare liability sector with the launch of Ironhealth.
PB Week: Putting high net worth cars in the hands of an amateur
It was a case of life in the fast lane for Professional Broking’s reporter Charlie Thomas this week, as she sped around Bedford Aerodrome in (among others) a Porsche 911 JP3, Jaguar XKR and a Renault Clio Cup car.
LEI product launched by claims specialist
Ai Claims Solutions, the motor insurance claims specialist has released a new product to the Broker market.
Broker Direct offers competitive SME product online
Broker Direct has launched an online commercial product, SME Online Solutions, underwritten by Zurich Insurance.
Broker Direct unveils new commercial product
Broker Direct has announced the launch of its latest online commercial product SME Online Solutions underwritten by Zurich Insurance.
Loss adjuster appoints Latin America expert
Loss adjusters McLarens Young International has appointed Andrew Brown as liaison adjuster for Latin America.
Willis target 200 brokers in UK launch
Willis has launched a second broker network offering, Willis N2 aimed at giving community brokers.
Ace launches ecommece solution for internet risks
Ace Europe has launched Dataguard plus, an insurance solution for UK businesses which fully reflects the diversity of risks associated with e-commerce and the internet.
Brokers warned about call scam
A bogus caller has been targeting brokers claiming to represent the Financial Services Authority.
Biba responds to FSA paper
The British Insurance Brokers’ Association has responded to the publication of the Financial Services Authority’s discussion paper on transparency, disclosure and conflicts of interest in the commercial insurance market by actively encouraging its…