News
Brokers issue retention rate warning over commercial insurance aggregation
Insurance firms looking to help aggregators target commercial insurance expansion in 2012 have been warned to check poor retention rates and increased fraud risks before over-committing themselves.
My best XI: John Rusby, Ten Insurance Services
Ten’s operations director John Rusby selects his Best XI for a start-up insurance company. Amanda Blanc makes yet another appearance, alongside two Belgian internationals, Manchester United and England legend Wayne Rooney and one time Sheffield Wednesday…
Career development: CILA launches new diploma
The Chartered Institute of Loss Adjusters has launched a new claims handling diploma.
Market fears for unintended consequences as first ABS approval nears
The first alternative business structure could be greenlighted as early as next week.
Immediate medical triage may cut whiplash costs
Treatment Network boss Jonathan Cook told delegates that offering whiplash claimants immediate medical triage when they first phoned in their claim prompted 15% of callers to "spontaneously recover" from their injuries.
Government rules out legal curfew for young drivers
The government has dashed insurer hopes of legal intervention to curtail and curfew young drivers.
Law report: Assault by employee cases have contrasting outcomes at Court of Appeal
This law report has been contributed by national law firm Berrymans Lace Mawer.
Law report: Subcontractor was in clear and deliberate breach of order
This law report has been contributed by national law firm Berrymans Lace Mawer.
Law report: Common sense over costs result
This law report has been contributed by national law firm Berrymans Lace Mawer.
Raymond James wins High Court litigation on restrictive covenants
International law firm Faegre Baker Daniels LLP has successfully defended its clients, Raymond James and seven former Edward Jones financial advisors, in a high-value High Court restrictive covenant claim, resulting in all claims being dismissed and…
Webinar: Closing the loop on records management and data security risk
In this video, Incisive Media’s group editorial services director David Worsfold chairs a lively discussion on records management and data security risk, including the challenges of managing records during the 2012 Olympic Games.
The Co-operative and Zurich keen to move on PM motor premium initiatives
The Co-operative is hopeful the insurance summit with Prime Minister David Cameron will lead to stamping out fraudulent personal injury claims while continuing to settle genuine ones.
Ingenie backs government's telematics measure
Telematics brand Ingenie has welcomed government plans to use technology to tackle spiralling motor insurance premiums.
Argo Group launches first insurance SE in Malta
Argo Group International Holdings has formed a new insurance company in Malta - Argo Global SE – the first insurance Societas Europeas (SE) established in the country.
Xchanging hires IT expert Mark Sutton
Xchanging has appointed former IT leader at the London Metal Exchange Mark Sutton as technology account director within the firm’s insurance sector.
Bennetts urges bikers to sign petition calling for driving test change
Bike insurance specialist Bennetts are hoping to secure 100 000 signatures toward a petition which bosses at the firm hope will persuade the government to include bike-related questions in the UK driving test.
Economic, regulatory and talent issues holding back growth for insurance CEOs
Over two thirds (70%) of insurance CEOs are planning on changing their strategy over the next 12 months as they try to see past the current difficult economic and regulatory backdrop, according to PwC.
Equestrian specialist Shearwater signs up to Broker Network
Shearwater Insurance has become the latest firm to sign up as member of Broker Network.
Inter Resolve boss points to mediation as answer to legal cost cutting
Mediation is the key component in the battle to bring down legal costs in personal injury claims.
Plumeri "not satisfied" with Willis in Q4 as UK sees double digit drop
Willis has declared that it saw a double-digit decline in the Willis UK and Ireland retail business in the fourth quarter of 2011.
JLT merges Spanish arm with local giant
JLT is to combine its existing Spanish retail broking business JLT-SIACI Espana SL with the business of March - Unipsa Correduria de Seguros, SAU (Unipsa), the fourth largest commercial insurance broker in Spain and a subsidiary of Banca March, to form…
Houghton departure triggers new Aspen board search
Aspen has begun the search for a new chief financial officer to succeed Richard Houghton, who will be leaving the company effective 29 February to pursue other opportunities.
New year European windstorm damage estimated at €267m
Perils has today disclosed an initial loss estimate for windstorm Andrea, which occurred in Western Europe from 4-5 January 2012, of €267m.
Business continuity plans can save companies, Biba research reveals
New research from the British Insurance Brokers’ Association and the Cabinet Office has revealed business continuity plans are likely to stop companies from failing after a major disruption such as a flood or fire.