News
JLT Peru restructures business
JLT Peru has split its business into separate retail and reinsurance operations.
Starling, Craig and Gay leave ABI amid restructure
The Association of British Insurers has announced changes that will see the departure of three members of its executive team.
Biba supports whiplash move
The British Insurance Brokers’ Association has welcomed the announcement today by Justice Secretary Chris Grayling to establish independent medical panels to assess whiplash injuries.
AA Index show home insurance premiums drop again
Home insurance premiums have continued to fall according to the AA’s Insurance Premium Index.
Expert panels won’t deter fraudsters says Smart Witness
The Ministry of Justice’s plan to introduce independent medical panels for reviewing whiplash claims is set to fail, according to road accident firm Smart Witness.
LV disappointed at delay in small claims decision
LV has expressed disappointment at the Ministry of Justice’s decision to further consider whether the small claims court limit should be raised.
Apil ‘relieved’ at MoJ's small claims decision delay
The Association of Personal Injury Lawyers has expressed relief at the Ministry of Justice announcement to delay a decision on increasing the small claims court limit for personal injury from £1 000 to £5 000.
Loss adjuster Crawford grows New Zealand operation
Cerno New Zealand and Thomas Pasley and Associates are to become part of loss adjuster Crawford’s New Zealand operations.
Crawford grows New Zealand operation
Cerno New Zealand and Thomas Pasley and Associates are to become part of loss adjuster Crawford’s New Zealand operations.
Axa retains lead in Brokerbility satisfaction survey
Axa has been ranked highest of Brokerbility’s seven key insurer partners in a survey of members.
Brokers confident US has learnt from Sandy amid quiet hurricane season
Experts’ predictions of an active period have not come to pass in 2013.
SME broker clients concerned by ‘under-achieving’ PPC
Broker Simply Business is demanding that companies found to be flouting the government's Prompt Payment Code are fined, having stated that late payment represents a major issue for clients.
UKGI named preferred supplier for Aim Core Protect
UKGI has been appointed preferred supplier by wholesale broker and trading platform provider, Aim Core Protect.
Willis unveils specialty capacity placement strategy
Willis has pulled back the curtains on plans for three insurers to provide additional capacity for up to 20% of the its London specialty risk portfolio.
Cousins takes over from Flynn as AIG commercial property boss
AIG has appointed Steve Cousins to the role of UK head of commercial property.
Gibraltar-based motor insurers outperform UK counterparts
Niche offerings help domiciled firms achieve sub-100% CORs.
Industry warns over reputational risk of FCA’s ‘name and shame’ policy
Regulator’s new plans could see individuals under investigation outed publicly.
Homeserve UK boss King stepping down in 2014
Homeserve UK chief executive Jonathan King is to step down next year, with group chief operating officer Martin Bennett set to replace him.
Necessity of new EU nuclear liability proposals questioned by industry
Premiums could rise due to new rules as UK announces new power station.
Towers Watson research finds 70% of global insurers considering M&As
International insurers are regaining their appetite for mergers and acquisitions, according to a Towers Watson and Mergermarket survey of senior insurance M&A executives.
Win tickets for England vs Argentina at Twickenham
With the QBE Rugby Internationals kicking off next month, Post and QBE, the official insurance partner of England Rugby, have teamed up to give two readers the chance to win a pair of tickets to watch England take on Argentina at Twickenham on 9 November.
Relief over New South Wales bushfires; firefighting plane crashes
The bushfires in the Blue Mountains in Australia have calmed down after a day of high temperatures and strong winds in New South Wales made it difficult for firefighters to control the fires.
Coface warns of Asia household credit boom
Credit insurer Coface has issued a warning comparing household debt in four Asian countries as similar to the US before the subprime crisis.
MoJ to introduce expert panels for whiplash claims
The Ministry of Justice has confirmed a package of measures, such as the introduction of independent medical panels, aiming to combat whiplash and reduce the cost of motor insurance premiums by £80.