News
Euler Hermes links with Mapfre
Spanish insurance giant Mapfre and Allianz-owned Euler Hermes have signed a memorandum of understanding to build a strategic alliance aimed at jointly developing their credit and bond insurance business in Spain, Portugal and Latin America.
Euler Hermes links with Mapfre
Spanish insurance giant Mapfre and Allianz-owned Euler Hermes have signed a memorandum of understanding to build a strategic alliance aimed at jointly developing their credit and bond insurance business in Spain, Portugal and Latin America.
Axa may create more management roles
Axa has not ruled out creating more senior management roles within its commercial lines division after appointing former Towergate director Max Curruthers to the new role of chief operating officer.
Law report: Judge backs claimant's right to reapply for further payments
This law report has been contributed by national law firm Berrymans Lace Mawer.
Blasts prompt rethink over Indian appetite
Insurance claims arising from the recent terrorism attack in Mumbai are unlikely to have an immediate impact on rates, according to market observers.
Amicus to close Colchester office in efficiencies push
DAS-owned Amicus Legal is to close its office in Colchester, making 21 people redundant.
Ageas motor deal 'proves importance'
Ageas chief executive Barry Smith has said its five-year deal with General Motor's Vauxhall and Chevrolet brands proves that the motor sector remains "crucially important".
Bogus death faker set for five-year jail sentence
A man who made a fraudulent claim of £520 000 to Ace Europe after faking his own death in Honduras could face up to five years in prison when he is sentenced within the fortnight.
NFU fraud manager jailed for £410 000 scam
NFU Mutual's financial crime manager has said the insurer has a "zero tolerance" stance against fraud, after one of its fraud managers was jailed for three years and four months after conning it out of £410 000 over six years.
Co-operative confirms dedication to GI market
Co-operative Financial Services has claimed general insurance remains "integral" to its business, after announcing plans to shed 750 jobs and sell off its life insurance business.
ARM courts new M4 clients
Aspen Risk Management managing director Kevin Pallett has pledged to open discussions with approximately 100 brokers in the coming weeks, after the firm agreed the purchase of commercial insurance renewal rights from M4 Underwriting.
Paladin pull out provokes upset from market brokers
Paladin Underwriting Agency's managing director Bill Adamson is on gardening leave after exiting the Lloyd's business, Post has learnt, after policy cancellation leaves brokers incensed.
The claimant's view: referral fee reality check
In last week's Post, Laurent Matras proposed banning all forms of referral fees paid by lawyers and to replace them with a non-profit making organisation to centralise and allocate demand to supply.
Surveillance case sentence just 'the tip of the iceberg'
A law firm that used surveillance footage to prove a man's claim of being left wheelchair-bound after a car accident with a Saga policyholder was fraudulent, has claimed the landmark case is "the tip of the iceberg".
Law report: Advantageous insurer decision in pedestrian accident case
This law report has been contributed by national law firm Berrymans Lace Mawer.
Junction secures M&S Money extension
BGL-owned Junction has seen off affinity rivals by securing a five-year extension on its deal to provide motor insurance to M&S Money customers on a panel basis. The competitive tender win comes shortly after it successfully renewed a similar arrangement…
Miller promotes two to 'support future growth'
Miller Insurance Services has created two senior roles within its London headquarters.
Lockton's literary scheme
As part of the Lloyd's community programme, Lockton's London associates have been helping girls at Mulberry School for Girls in Tower Hamlets for the past four years, offering help with their reading and mentoring them.
Claims advocate joins CEDR panel
Europe's largest independent commercial mediation provider the Centre for Effective Dispute Resolution has named insurance claims advocate Roger Flaxman as its 18th specialist insurance panel member.
CKW co-founder returns to boost entrepreneurial spirit
The co-founder of Keelan Westall has returned to the business he sold five years ago in a bid to inject some "entrepreneurial spirit" and return it to profit.
Law report: Appeal decision limits duty of care on rental valuations
This law report has been contributed by national law firm berrymans Lace Mawer.
Career development & CSR: Caravan specialist wins innovation gong
Motor caravan insurance specialist Victor Millwell has been recognised at the Barking & Dagenham business awards.
Axa takes hit on illegal vodka industrial blast
Axa faces a large insurance claim following an explosion at an industrial unit in Boston, Lincolnshire that was being used to produce illegal vodka.
Axa regains TUI travel contract from Mondial
Axa Personal Lines has ousted Mondial Assistance as underwriter for travel giant TUI, following a successful tender bid to win back the three-year contract. It comes less than a week after Axa sealed a similar deal to retain the Lloyds TSB travel…