News
LMA backs ban on referral fees
The Lloyd’s Market Association has backed government proposas to end recovery of conditional fee arrangements success fees and after-the-event premiums in its bid to reduce civil litigation costs.
Utley gears up for IPO
Neil Utley is stepping up his plans for a flotation of motor and home insurer Hastings Direct, according to newspaper reports.
GAB launches claims training course
GAB Robins has launched a training scheme for its loss adjusters and claims handling staff designed to reduce the claims lifecycle and costs of fire and water damage property claims.
Catastrophe exposure hits Hiscox profits
Hiscox has reported a fall in profits of more than £100m for 2010 after being hit a number of global catastrophes.
Questgates appoints fraud specialist
Questgates has expanded its counter fraud division with the appointment of Robin Hayward as senior investigator.
Montalvo named Eiopa executive director
The European Insurance and Occupational Pensions Authority has selected Carlos Montalvo to become the authority’s first executive director.
Montalvo named Eiopa executive director
The European Insurance and Occupational Pensions Authority has selected Carlos Montalvo to become the authority’s first executive director.
Insurers urged to join ELTO following FSA regulations
The Employers’ Liability Tracing Office has urged insures to sign up as members to the body in the face of new Financial Services Authority regulation.
Jobs lost in Markerstudy Auto Windscreens purchase
Markerstudy Group company Trifords has acquired the Auto Windscreens brand name resulting in more than 1000 redundancies at the repair firm.
Four charged in crash for cash case
A further three people have been arrested in connection and are due to be interviewed today.
Keychoice Underwriting unveils new Ace-underwritten products
Keychoice Underwriting has launched a host of new products to be underwritten by Ace Europe.
Keychoice Underwriting unveils new Ace-underwritten products
Keychoice Underwriting has launched a host of new products to be underwritten by Ace Europe.
Specialty markets’ significantly contribute to Axa Corporate Solutions global turnover
Axa Corporate Solutions’ specialty markets in 2010 contributed approximately one-third of the company’s global turnover of €1.931bn, with marine business amounting to 23%, and aviation and space to 10%.
Specialty markets’ significantly contribute to Axa Corporate Solutions global turnover
Axa Corporate Solutions’ specialty markets in 2010 contributed approximately one-third of the company’s global turnover of €1.931bn, with marine business amounting to 23%, and aviation and space to 10%.
Exclusive aggregator content now available
Insurance Insight’s weekly update is now live with an article discussing the potential for aggregator growth in France; and XL's Stuart Essex on the pitfalls of European expansion.
Exclusive aggregator content now available on Post Europe
Post Europe’s weekly update is now live with an article discussing the potential for aggregator growth in France; and XL's Stuart Essex on the pitfalls of European expansion.
Cunningham Lindsey sets up centralised claims hub
Cunningham Lindsey UK is restructuring its international claims handling process for mid to large corporate and multinational companies with the launch of a centralised claims hub based in London.
Cunningham Lindsey sets up centralised claims hub
Cunningham Lindsey UK is restructuring its international claims handling process for mid to large corporate and multinational companies with the launch of a centralised claims hub based in London.
Aon Benfield: 95% of Chile quake loss reinsured
Broker Aon Benfield has revealed that 95% of the $8.5bn (£5.3bn) losses suffered during the Chile earthquake was covered by reinsurance.
Premium Credit appointed to UKGI
Premium Credit has been appointed as UKGI’s exclusive premium finance provider under its insurer sponsorship scheme.
MIB granted Jacobs appeal
The Motor Insurers' Bureau has been granted leave to appeal a landmark Court of Appeal decision allowing a Briton injured in a motor accident in Spain to claim against the body.
MIB granted Jacobs appeal
The Motor Insurers' Bureau has been granted leave to appeal a landmark Court of Appeal decision allowing a Briton injured in a motor accident in Spain to claim against the body.
JLT makes board appointment
Jardine Lloyd Thompson has appointed Mark Drummond to the role of executive director.
Lloyds Bank GI profit rises 1% to £372m
Lloyds Banking Group this morning reported that its profit before tax and fair value unwind from general insurance increased by 1 per cent to £372m in 2010.