News
More details published on regulatory regime
A new approach to financial regulation: building a stronger system provides further detail on the government’s proposals to reform the framework of financial regulation in the UK.
Engineering firm fined £385 000 in corporate manslaughter case
Cotswold Geotechnical has been fined £385 000 after being found guilty in the first trial under the new corporate manslaughter legislation.
Towergate secures bid to insure NICEIC
Following a tender process in 2010, Towergate has been appointed to provide insurance services to NICEIC, the UK electrical contracting industry’s independent voluntary accreditation and regulatory body.
Groupama UK profit rises 70%
Double-digit premium rate growth in private motor supported a 4.6% revenue growth for Groupama Insurances to £470.9m in 2010 (2009: £450.3m).
Groupama UK profit rises 70%
Double-digit premium rate growth in private motor supported a 4.6% revenue growth for Groupama Insurances to £470.9m in 2010 (2009: £450.3m).
Cobra names professional risks manager
Cobra London Markets has appointed Mark Crisp as manager of its professional risks division.
Government rebrands broker regulator before launch
The government is to rename the Consumer Protection and Markets Authority as the Financial Conduct Authority and give it the power to ban products or limit their distribution for up to 12 months.
“Augmented reality” campaign for Aviva brokers
Marketing agency Balloon Dog has provided Aviva with an augmented reality campaign designed to raise awareness of the insurer’s product offering in the technology sector.
Parliament debates mutual model
Labour MP Gareth Thomas has called for the government to honour pledges to support the development of the mutual financial model in the UK in a debate in Parliament today.
LV Broker makes double appointment
LV Broker has named Iain Thomas as head of personal lines sales and Ian Stammars as home senior underwriter.
Nato to consult Lloyd's on piracy
The Lloyd’s Market Association is to discuss anti-piracy issues in Germany with officers from Nato.
Nato to consult Lloyd's on piracy
The Lloyd’s Market Association is to discuss anti-piracy issues in Germany with officers from Nato.
Power Place unveils business support function
Power Place has launched a new business support team to provide advice and training for its broker members.
Swiss Re reports strong results despite catastrophes
Swiss Re has recorded a full year net income of USD 863m in 2010, a 74% increase on the USD 496m the reinsurer reported in 2009.
Swiss Re reports strong results despite catastrophes
Swiss Re has recorded a full year net income of USD 863m in 2010, a 74% increase on the USD 496m the reinsurer reported in 2009.
Axa UK earnings fall to £131m
Axa UK’s earnings fell to £131m (2009: £235m) in 2010.
The professionalism push: Video interview with Sandy Scott, CII
Sandy Scott, chief executive of the Chartered Insurance Institute talks to Jonathan Swift about the challenges and opportunities facing the general insurance industry in its quest to embrace professionalism.
Egypt could have bright insurance future
The future of the insurance market in Egypt depends on smooth transition to a new political landscape, according to Cunningham Lindsey.
LV branch manager set for return to broking
LV's Manchester branch manager Roger Scholes is set to leave the insurer to join JLT.
Motor Claims 2011: Adderson clashes with Smale over motor claims collaboration
Brit Insurance claims manager Paul Adderson has spoken out against Rob Smale, claims and operations director at Ageas, and his view that the motor claims industry should not collaborate.
Motot Claims 2011: Survey finds 61% think MoJ RTA portal is working
The Ministry of Justice's claims portal for road traffic accidents is working effectively, according to 61% of motor claims conference delegates.
ABI under fire over Jackson
Legal expenses insurers have accused the Association of British Insurers of breaching its constitution in its official responses to the Jackson review consultation.
FSA boss assuages fears over insurance regulation
Financial Services Authority chief executive Hector Sants has assured the UK insurance market the new regulatory landscape will see insurance retain a separate identity from the banking sector.
Motor Claims 2011: Longworth predicts demise of the CHO market
The death of credit hire is inevitable as the market conditions in which it once flourished have moved on, according to Gemini Vehicle Solutions managing director Eddie Longworth.