News
OFT seeks FSA liability rules
The Office of Fair Trading has asked the Financial Services Authority to consider including a minim...
Michael Dawson to work on consultancy basis at Cox Insurance.
Michael Dawson, the founding chief executive of Cox Insurance, who resigned from the board with effe...
Fortis sheds motorists in profit drive.
Broker-only insurer Fortis has shed a significant part of its personal lines motor book in the first...
Quick off the mark.
Changes in food industry legislation have tightened standards regarding the recall of contaminated foodstuffs. However, a fast and efficient recall campaign can actually enhance a manufacturer's reputation, and insurance can keep the process on track,…
Appointment at MMA Insurance.
Intermediary-only insurer MMA Insurance has appointed Anthony Lewis as motor manager to lead the pri...
Law firm lines up to pick over TAG bones
Law firm Russell Jones & Walker, which acquired the Claims Direct brand when it went into receivers...
Capita axes offices with 300 job cuts.
Capita Insurance Services is to close 22 former McLarens Toplis offices, with the loss of up to 300 ...
AIG set to target top end of market in HNW push.
US insurance giant AIG this week confirmed its entry into the high net worth market with the launch ...
DWP and OFT give no clear solutions
This week, the Department of Work and Pensions and the Office of Fair Trading published their long-anticipated reports into employers' liability and liability insurance respectively. PM outlines the recommendations and reports on the feedback.
Insurers up IT investment.
Almost seven in 10 retail banks and insurers in Western Europe are planning to grow their IT spendin...
Picture-perfect fine art cover?
Public galleries are aware of the risks of displaying high-value artworks, but conventional insurance may not be enough. However, there are special arrangements to ensure loaned items at least are covered against damage and theft. Veronica Cowan puts the…
Risk modelling for natural catastrophes is "vital basis" for
Risk modelling for natural catastrophes is a "vital basis" for insuring the biggest risks in general...
Alexander Forbes trading profit up.
Anglo-South African broker Alexander Forbes has announced that its trading profit for the year ended...
Charging for the privilege.
While not necessarily disagreeing with the overall ethos of Mr Schools' comments (left), one look at...
A return to state-funded legal aid?
With the collapse of Claims Direct and now The Accident Group after weeks of whisperings that all wa...
Aon boss warns over D&O cover.
The full extent of insurers' losses from directors' and officers' cover is yet to emerge, according ...
CII launches new service.
The Chartered Insurance Institute has launched a new service, CII Information Services, providing ac...
Biba steps up listings action.
The British Insurance Brokers' Association is to step up its campaign against the proposed insurance...
Nationwide extends deal with Churchill.
Nationwide Building Society has extended its deal with Churchill to underwrite Nationwide's home con...
Claims service market on the up.
The Accident Group clearly represented the market leader in the claims management sector, in terms o...
Leaning towards ADR.
The success of mediation as a form of alternative dispute resolution is well-established in many areas of commercial dispute in England and Wales. Matthew Hirst compares this to the more cautious approach of Italy.
Direct Line to introduce artificial intelligence.
Direct Line is to introduce artificial intelligence to automatically provide answers to questions fr...
Axa conducts IT review.
Axa UK's new group chief information officer, Francois-Xavier Quillici, will conduct a 'feasibility ...
Folgate makes new acquisition.
Folgate has acquired the general insurance business of Faversham-based Rickard Lazenby & Co. The ...