News
Setting the record straight.
There are several misconceptions about the Lloyd's market, which mainly stem from second-hand information versus first-hand knowledge. Julian James attempts to straighten a few things out.
Liquidator for Drake Insurance in dispute with brokers.
The provisional liquidator for Drake Insurance, Deloitte & Touche last week sent out offer letters t...
Who was there?
The round table discussions took place at Edinburgh, Bristol, London, Leeds and Birmingham. Here are the guests that took part.
E-mail liability product to get airing.
Safeonline is set to launch a new product next week to help brokers fill the 'coverage gap' that has...
Arig to strengthen capital base
Arig's shareholders have approved plans for the Bahrain-based (re)insurer to raise $100m through a ri...
Everest Re forecasts $30m exposure to WorldCom
Bermudian reinsurer Everest Re has estimated it faces a potential $30m loss exposure due to the troub...
Schofield Insurance Brokers acquires contract.
Schofield Insurance Brokers has acquired the contract to provide vehicle insurance through the UK ne...
D&O takes centre stage.
Corporate collapses such as that of Enron have thrown the failings of directors' and officers' cover into sharp relief. Guests at last week's Post Magazine round table, hosted by Kennedys, considered the issue. Jane Bernstein reports.
No end in sight for composite panels crisis.
The increasingly 'uninsurable' problem of composite panels in food processing businesses looks set t...
The long-tail liability lottery.
Insurers are understandably worrying whether they have set aside enough capital to cover long-tail public liability risks in a sector where anything could happen. Richard Browne warns against leaving anything to chance.
Appointment at Linaker (Western).
Insurance broker Linaker (Western) has expanded its Bristol operation with the appointment of two ne...
... but questions remain unanswered.
Despite its length, the judgement raises more questions than it answered, argue Chris Phillips and Chris Gough.
Groupama Insurance to link Partnership Repairer network.
Groupama Insurance is to link its Partnership Repairer network to Glass's Information Services' comp...
Appointment at Grid Network.
The Grid Network, the insurance products and compliance support service for intermediaries and affin...
Wellington Underwriting raises capital.
Lloyd's insurer Wellington Underwriting has raised £448m to fund the formation of Wellington Re, rec...
Miller Fisher extends credit facility as losses continue.
Claims specialist Miller Fisher has reaffirmed its commitment to the UK loss adjusting market, despi...
Primary Group eyes North America.
Acquisitive Primary Group this week announced plans for expansion into the North American market and...
Settlement reached over destroyed meat stocks.
A EUR22m (£14m) settlement has been reached between the Irish Department of Agriculture and insurers...
Insurers to decide split on asbestos payments.
Insurers are due to meet "as a matter of urgency" to discuss how they will share the costs of compens...
Brokers must say no to insurers' bullying.
I, like my colleagues and many friends in the broking fraternity, are quite honestly sick and tired ...
Call for shake-up of UK EL insurance.
A health and Safety Executive report has called for a major shake-up of the UK's outdated employers' ...
Legal inconsistencies?
How does one reconcile the decision in Co-operative Retail Services v Taylor Young Partnership, rece...
Appointment at Ace USA.
Ace USA has appointed Francis McDonnell as its chief financial officer. Mr McDonnell has 20 years of...
Appointment at Cybit.
Cybit, the UK provider of telematics and fleet management solutions, has taken on Kevin Lawrence as ...