News
India the key as Zurich frees up underwriters
Zurich has begun the initial phase of a new small and medium-sized business model, which it believes...
CIS to review strategy after axing 106 branches
The Co-operative Insurance Society will reveal a new refined distribution model in March 2005, after...
Chairman of Unitas hands over the reins
Alec Finch, chairman of independent broking network Unitas, handed over the reins to Stephen James o...
CFC Underwriting appointed to BIBA schemes portfolio
Working in partnership with insurance broker Miller Insurance, CFC Underwriting has been appointed t...
Carvill Re launched to provide dedicated focus
Reinsurance intermediary Carvill has launched Carvill Re to provide a dedicated focus on expanding i...
Sharp rises in personal injury claims
Sharp rises in personal injury claims coming from motor accidents could impact on rates, according t...
Broadgate Syndicate 1301 to establish international property treaty account
Broadgate Syndicate 1301 is to establish an international property treaty account in 2005. Four of t...
ER Shaw moves to new site in Birmingham city centre
Birmingham-based insurance broker ER Shaw has moved to a new site in the city centre to cope with th...
Senior representatives wrestle with issues at Question Time
Senior representatives from the Financial Services Authority, the Treasury Select Committee, insurer...
Ace restructures UK operations
Ace Europe is aiming to capture a larger slice of the UK and Ireland small and medium-sized enterpri...
Airmic meets Biba over Spitzer
The Association of Insurance and Risk Managers has refused to back down over demands for a Financial...
Intermediary Towry Law teams up with Croner Consulting
Intermediary Towry Law has teamed up with employment and health and safety guidance provider Croner ...
The Folgate Partnership acquires minority stake in Fenton
The Folgate Partnership has acquired a minority stake in Fenton Insurance Brokers based in Kings Lyn...
New insurer targets £80m of premium in 2005
Aioi Motor and General Insurance Company of Europe today announced that it had been authorised by the Financial Services Authority to write non life insurance business.
RSA shares surge on AIG rumour
Shares in Royal & Sun Alliance rose almost 8% today following earlier market rumours that US insurance giant AIG may make a bid for the company.
Capita in £13.5m swoop for claims specialist Brownsword
Capita has announced the acquisition of claims management specialist Brownsword. As part of the deal, Capita will gain an exclusive ten-year license to use voice stress analysis tool Digilog.
BIBA members get access to exclusive law services
Hugh James Solicitors has launched a Contract Law Service available exclusively members of the British Insurance Brokers.
NAIC task force releases draft model legislation
NAIC’s newly formed Executive Task Force on Broker Activities has released draft model legislation that would implement new disclosure requirements designed to ensure consumers are provided the information necessary to understand the manner in which…
Zurich two plead guilty to Spitzer charges
Zurich Financial Services (Zurich) has confirmed that two of its former employees have been charged with, and have pleaded guilty to, a misdemeanor violation of New York State antitrust law.
Folgate gains stake in Fenton Insurance Brokers
The Folgate Partnership has acquired a minority stake in Fenton Insurance Brokers based in Kings Lynn.
Spitzer tells Senate - more criminal pleas expected
Eliot Spitzer New York Attorney General has told a US Senate panel committe that he expects more criminal pleas in connection with his investigation into price collusion and conflict of interest in the US insurance industry.
Ace Europe restructures UK and Ireland property and casualty
Ace Europe has begun restructuring its UK and Ireland property and casualty operations into four distinct regions - North, Midlands and South West, South East and Ireland.
Munich Re subsidiary subpoenaed by Spitzer
Munich Re has confirmed that one of its North American units has received subpoenas from insurance regulators in North Carolina and Texas in connection with the ongoing Spitzer investigation into alleged bid-rigging in the US insurance industry.
Rims testifies to Senate over Spitzer
Janice Ochenkowski, the US Risk and Insurance Management Society's vice president – external affairs and senior vice president of Jones Lang Lasalle, testified today before the Senate’s Governmental Affairs Subcommittee on Financial Management, the…