News
Acturis reaches 12,000 users
Software provider Acturis has passed the 12,000 user mark and has grown its user-base by 20% since October 2013.
JLT gains approval for Indian joint venture
Jardine Lloyd Thompson is set to launch its operations in India following this summer's acquisition of a 26% stake in Sunidhi group's Independent Insurance Brokers.
Biba launches sharing economy guide
Aon, Higos, Bluefin and Towergate are among the brokers that have signalled they can place risks for businesses operating within the sharing economy, according to the British Insurance Brokers' Association.
ABI dismisses CHO claim to MPs that Ifed acts as ‘private police force’
CHO concerned crimes that impact on society are not being tackled
Motor firms warned rates need to go up 10% to restore sector’s profitability
Underwriters face net combined ratios of 112.% in 2015
Redburn appointment hints at piecemeal Towergate sale
Executive chairman claimed group would be sold as a whole
Pool Re satisfied with terror deal despite ceding increased premium to Treasury
Members vote in favour of deal that will see 50% of premium go to government
Lloyd’s handed Mexico representative office approvals
Lloyd’s has been handed approval by Mexican authorities to open a new representative office in Mexico City.
Soundbite: Listen to Inga Beale reflect on Lloyd's and the need for innovation
Speaking at Marsh's seventh annual client event on 25 November, Lloyd's CEO Inga Beale said the London market must continue to innovate as it has in the past.
Marsh boss Weil plotting contract efficacy drive
Marsh is to unveil a new drive to improve the effectiveness of commercial insurance contracts from next week.
Marsh unveils Pool Re alternative terrorism facility
Marsh has unveiled a new UK terrorism facility to provide cover to clients with commercial property assets in the UK.
Chase-Gardener leaves Brightside
Brightside co-founder Paul Chase-Gardener has retired from his role as commercial director at the broker.
Fraud most prevalent among under 21s, according to VFM
Claims statistics produced by VFM Services over the past three years has shown that fraudsters are most likely to be aged under 21.
Expertise in Action Video: Ian McManus & Steve White on training, succession planning and channel differentiation
Given the competitive insurance landscape it is important brokers do not only invest in their employees to maintain a skilled upwardly mobile workforce, but also articulate their value to customers.
Assurant Solutions launches connected home division
Assurant Solutions has launched a division to offer protection for people living in connected homes.
Aviva shares drop after Friends Life announcement
Aviva saw its share price decline more than 5% in a single day after it announced it was in acquisition talks with Friends Life.
Counter-Terrorism Bill to go to parliament tomorrow
Home secretary Theresa May cited UN estimates that ransom payments raised up to £28m for militant group the Islamic State of Iraq and the Levant in the past 12 months as she yesterday announced intentions to ban ransom insurance payments.
Mixed results for Japan's general insurers in first half
For the period April to September, two of Japan's three major general insurers booked record profits but another saw profits fall 47.1%.
Chinese insurer buys Sydney's Sheraton on the Park
Sunshine Insurance has splashed out A$463m (£254m) on the iconic Sydney hotel.
SSL Loss Adjusting enters administration
Northampton-based SSL Loss Adjusting has entered administration, Post understands.
Sources play down Advent's growing Towergate holding
A reduction in Peter Cullum’s shareholding in Towergate to just 20% has been played down by a source close to the broker, who linked the move to the broker’s falling earnings.
Halifax makes emergency payment following Southampton explosion
Loss adjusters from Lloyds Banking Group’s Halifax business are dealing with claims in the aftermath of a suspected gas explosion at a family home in Southampton last week.
Skuld extends London P&I offering
Skuld now has the capability to offer all of its P&I products from its office in London.
Airmic throws support behind Pool Re modernisation plans
Risk management association Airmic has claimed plans to modernise Pool Re will make the terrorism reinsurance scheme more attractive to business as well as diversifying its risk base.