News
SSP decides to float
Broker software house SSP is to float on the stock market next month. In a statement, SSP confirmed ...
Homeserve decision
Property repair specialist Homeserve has selected Guidewire Claim Center software for its new claims...
Appointment at Activus
Activus has expanded its development and support teams with the appointments of Leo Gosland, Diego C...
Kinley: insurers must respond swiftly
Claims Club News
Gable in talks with DWP over EL wordings
Construction specialist Gable Insurance this week admitted it is in discussions with the Department ...
Loss adjuster reveals plans for first acquisition in 35 years
Loss adjuster Garwyn has revealed it ultimately intends to buy out the venture capital firm that hel...
Fast-track liability claims to be settled in months
Claims Club News
Appointment at Brett and Randall
Brett and Randall has made Andy Miller managing director of its non-life insurance division. Mr Mill...
Surgeon warns market over fraudulent tests
A leading surgeon has slammed medical tests for hand-arm vibration syndrome, saying fraudulent claim...
Appointment at Corpore
Corpore has recruited Yvonne Lane as client relationship manager. Previously with HCML, she has eigh...
Ceremony for new Willis building
The new Willis building was officially “topped out” at a ceremony yesterday.
RK Harrison expands Bermuda operation
Broker R K Harrison is expanding its operations in Bermuda and moving to larger premises to accommodate staff expansion.
Lloyd's is outperforming its competitors according to Sperryn
Simon Sperryn, chief executive of Lloyd’s Market Association has congratulated the Lloyd's market on its interim results which were published this morning.
Aviva appoints group chief accountant
Aviva will appoint Tim Harris to the role of group chief accountant, reporting to Andrew Moss, group finance director, from mid November. The move is subject to regulatory approval.
Atrium profits fall
Atrium Underwriting's six month pre-tx profits have fallen to £7.9m (30 June 2005: £13.7m).
Lloyd's first half profits hit £1.35bn
Lloyd's has reported profit before tax of £1.35bn in first half of 2006, and an improved combined ratio of 86% compared to 87.3%.
Catlin unit launches cat bond
Catlin Group has announced that Catlin Insurance Company of Bermuda intends, subject to completion of contractual arrangements, to enter a catastrophe swap agreement that would provide it with coverage of up to $200.25m in the event of a series of severe…
Broker Pavilion reports 53% profit increase
Pavilion Insurance Network has reported gross written premiums for the first half were up 53.98% to £1,400,915 (2005: £909,755).
Lycetts and Hamilton & Partners combine forces
Lycetts, the UK’s leading independent broker to the rural sector is combining with Hydra House the holding company for Hamilton & Partners, Hamilton & Partners (Ireland), as well as Highflyer Bloodstock Agency. The new holding company, Lycetts Holdings…
ABI announce their views on new FSA proposals for regulatory reform
The Association of British Insurers (ABI) have announced that the FSA’s consultation paper “Prudential Changes for Insurers” (CP06/16) is good news for the industry.
Treating Customers Fairly – a speech made by John Tiner
John Tiner, chief executive of the FSA spoke at the Asset Management Conference on 21 September about the FSA Treating Customers Fairly (TCF) programme.
Moody’s updates rating methodology for financial guaranty insurance sector
Moody's Investors Service has released an updated rating methodology for the Financial Guaranty Insurance sector.
IUA in Solvency II push
A new website has been launched by the International Underwriting Association to discuss Solvency II, the planned new European solvency regime for insurers.
Crawford updates fraud guide
Crawford & Company and Davies Lavery Solicitors have published the latest edition of ‘Fraud Investigation - a claim handler’s guide, Summer 2006’.