News
Powerplace not a top five priority, admits Towergate CEO Hodges
Towergate chief Mark Hodges has declared that Powerplace is not even in the top five of his priorities at the insurance broker.
Davies and Charles Taylor still settling large riot cases
Charles Taylor Adjusting and Davies, appointed by the Metropolitan Police Authority to handle riot-related claims, have defended the time it is taking to settle the cases, stating the larger ones are complicated.
European Parliament wants EU-wide sanctions for cyber crime
Cyber attacks on IT systems will face criminal-law sanctions, according to a report by the Civil Liberties, Justice and Home Affairs Committee of the European Parliament released today.
Insurers and brokers sign up to CII internship good practice guide
The Chartered Insurance Institute has launched its first good practice guide for internships in the general insurance and financial services professions.
Mapfre buys bank's stake in Mapfre America for €244m
Spnaish savings bank Banco Financiero y de Ahorros has agreed to sell its 10.36% stake in Mapfre America to the insurer's parent company for €244m.
The British Insurance Awards: Is this your year to shine?
Are you consistently committed to meeting customer needs and delivering a high quality service across all your lines of business?
Career development: Marsh training course gains accreditation
Marsh's series of energy insurance training courses have been accredited by the Chartered Insurance Institute following a six-month CII assessment, which included a review of the learning and evaluation materials, training sessions and the course leaders.
Career file: Danielle Lisenbey named Broadspire CEO
Crawford & Company firm Broadspire has appointed Danielle Lisenbey as its new chief executive.
Law report: Assessing costs in infant claims
This law report has been contributed by national law firm Berrymans Lace Mawer.
Personal injury firms feel pinch as pressure to consolidate intensifies
The sudden demise of Manchester-based personal injury law firm Donns, with ongoing cases sold on and all staff made redundant, has been hailed as a portent of market shake-up and consolidation, with other firms set to be swallowed up.
Axa starts with Blanc slate to help steer commercial business around
Brokers continue to experience a "lack of connectivity" with Axa Personal Lines, despite Commercial Lines getting a glowing report since Amanda Blanc joined to head up the business just over a year ago.
Omega international appeal soars following CNA £143m bid for Hardy
CNA acquiring Hardy could trigger a rush by international players to purchase Omega in a bid to access Lloyd's, analysts have predicted.
Market moves: Aviva shuffles its underwriting pack
Aviva was the major recruiter in the insurance industry this week, announcing a raft of changes to its underwriting team. The insurer promoted four staff to new positions while adding a further employee to the unit.
Penny speed meets ... Gary Humphreys, group underwriting director, Markerstudy
Being an insatiable socialite, Penny Black is always eager to probe the personalities behind the professional veneer of her industry friends.
Career development: BGL targets graduates
BGL Group has joined forces with a host of UK universities to promote insurance as a career for graduates. The initiative has targeted maths and statistics students for positions in pricing, product development and analysis.
Claims Roundtable: How can insurers innovate to win the retention race?
In the toughest economic environment for years, companies have to prove they have a competitive edge when it comes to handling claims.
Law report: Court finds lack of 'reasonable speed' contributed to child being struck by vehicle
This law report has been contributed by national law firm Berrymans Lace Mawer.
Law report: Judge rules on consent order in Zenith-MIB PP dispute
This law report has been contributed by national law firm Berrymans Lace Mawer.
Insurers gear up for Finance Bill detail in hope of simplified CFC process
This week's publication of the long-awaited Finance Bill could provide the catalyst for overseas investment, while also serving to safeguard the status quo of UK-headquartered insurance companies.
Lloyd's Russia office plan put on hold
Plans by Lloyd's to open a representative office in Russia have been shelved owing to lack of funds, according to a senior Lloyd's advisor.
MoJ launches investigation into CMCs
According to the Financial Times, the Ministry of Justice has launched an investigation into claims management companies following a surge of invalid compensation claims filed on behalf of consumers allegedly mis-sold personal protection insurance.
Legal boss airs concern as first three ABSs are revealed
Spencers Solicitors director John Spencer has responded to the identity of the first three alternative business structures licensed by the Solicitors Regulation Authority by raising concerns over the impending referral fee ban.
Markerstudy sponsors Aon at the WTCC
Markerstudy Group has confirmed its sponsorship of team Aon in the 2012 FIA World Touring Car Championships.
NIG snatches Saif Insure underwriting contract from Axa
NIG has won the tender to underwrite the insurance for the Saif Insure scheme of London-based broker Lark.