News
ABS adopts new integrated web-based system
Motor repairer network ABS has adopted a new integrated web-based claims environment system that han...
Roomarkable premium hikes?
The cost of insuring Wayne Rooney against injury is unlikely to rocket, despite the England striker'...
Credit hire firm in broker swoop
Blackpool-based credit hire firm Auto Indemnity Group has acquired Colegate Group in a £1.1m deal. I...
Accident rates to rise
Motor Insurance News
GI results expected to boost Misys
Misys' general insurance unit is anticipating an increased operating profit for the year ending 31 M...
Groupama Insurances completes sales and distribution team
Groupama Insurances has completed its sales and distribution team with the appointment of Rob Fisher...
Training set up to reduce claims
Many high-street and investment banks and government departments have decided to introduce training ...
Dot On portal aims for 4000 members
A new compliance web portal is set for launch next week, designed as a central point for information...
Tesco Legal tight-lipped on plans
Tesco has launched a web-based legal advice store selling booklets on personal injury and employment...
AA Aviva link raises RAC fears
The RAC's status as Norwich Union's motor breakdown partner could be under threat if the insurer's p...
Appointment at Towers Perrin
Towers Perrin has promoted four of its Tillinghast European senior consultants to principal. Geoffre...
The IFS announces nomination of next president
The Institute of Financial Services has announced that former Lloyd's chief executive Ron Sandler ha...
Alarm announces new CEO
Alarm – The National Forum for Risk Management in the Public Sector – has announced the appointment of Simon Wills as its new chief executive.
BT Mobile insurance deal signed
Mobile phone insurance provider, Policy Administration Services, has agreed to provide cover for BT Mobile customers.
Willis to purchase £33m Irish broker
Broker Willis has reached agreement in principle to acquire a majority shareholding in Coyle Hamilton, rebranding it Coyle Hamilton Willis, and merging Willis' existing Irish operations into the group.
London P&I Club reports strengthened reserve outlook for 2004
Marine insurance mutual The London P&I Club's financial statements for the year ending February 20, 2004, have shown an improvement on previous years, with an increase in free reserves free reserves of 23 per cent to $101.9m (£56m) from $82.8m in 2002/3.
Kiln bullish in 2004 forecast
Lloyd's insurer Kiln is predicting its 2004 year of account will exceed the performance of its business in the previous year, when it acheived a market leading combined ratio of 77% and profits of £33.1m.
ISO poll shows US worries over claims costs
According to a new poll carried out by ISO 78% of U.S. insurance companies identify cost reduction in claims-handling processes as their most important goal for 2004.
Canadian broker takes £1.5m stake in London's Dashwood, Brewer & Phipps
Toronto-based insurance and reinsurance broker the RS Group of Companies has completed the purchase of 49% of the issued share capital of Dashwood, Brewer & Phipps, Lloyd’s and London Market Insurance Brokers.
Lloyd’s Market doubles to £1.9 billion
The Lloyd's Market in 2004 report, published by Guy Carpenter & Company, reveals the continued strengthening of Lloyd’s results since the US terrorist attacks in September 2001.
Swiss Re renews BFIS pledge
Swiss Re has renewed its $100,000 funding pledge for the Bermuda Foundation For Insurance Studies (BFIS) scholarship programme over a further five years.
Brokers launch cover for construction professionals
Building and contruction firm, Multiassistance, together with The Broker Network and J. Gosling Insurance Brokers, is to provide insurance for its UK network of over 140 trade professionals.
Former Lloyd's CEO and Marsh UK boss nominated for new roles
The Institute of Financial Services has announced that former Lloyd’s chief excutive Ron Sandler has been nominated to become its next president from October this year.
Xchanging to consolidate London base
Xchanging has announced that it is to consolidate all of its London operations into a single site at 34 Leadenhall Street.