News
Lit Comp gears up for expansion after sale
After-the-event insurance provider Lit Comp has been taken over, following a successful £5.48m bid by investment company Maven Capital Partners.
QBE to moderate 2010 growth plan
The managing director of QBE's property division has admittted it will "cut back its ambitions" for immediate growth as a result of the benign rating environment but that the end game is still to have a 10% market share by 2015.
Ignition looks to double clients
Ignition has outlined plans to double its number of broker clients in 2010 to stop the company operating at a loss.
HBA moves into recycling
Lloyd's of London broker HBA Insurance has made a move into the recycling industry, following the launch of Recyclesure.
FSA warns brokers of "intrusive" supervision
The Financial Services Authority has made the handling of client money its "number one" target in its supervision of insurance brokers in 2010, according to the British Insurance Brokers' Association.
Axa strikes personal injury first with CEDR
Axa Insurance has become the first insurer to sign up to the Centre for Effective Dispute Resolution's personal injury service.
DAS to cut temporary staff after £10m loss
DAS has agreed a new call centre technology deal which could save the company almost £3.5m over the next two years — just weeks after revealing £10m losses for 2009.
Post Video Interview: Brokers impress Scott on professionalism
Brokers have a key role in helping to rebuild trust and confidence in the property and casualty market, according to the chief executive of the Chartered Insurance Institute.
Asbestos claims to cost insurers £11bn by 2010
The estimated future cost of UK asbestos-related insurance claims has almost doubled between 2004 and 2008, according to new actuarial analysis.
Insurer to branch out
International medical insurer ALC Health has revealed plans to open additional offices in the Far East and Eastern Europe over the next 12 to 18 months, after appointing a new head for Europe.
Aviva scraps director roles as two leave
Aviva has decided to scrap the roles of commercial and personal lines directors as part of a restructure of the business.
Aon poltical risk map launched
Political and financial instability remain a feature of the business landscape as a result of the recession, according to Aon Risk Services.
Aon poltical risk map launched
Political and financial instability remain a feature of the business landscape as a result of the recession, according to Aon Risk Services.
Insurers given clean bill of health by Government Equalities Office
GEO concluded a competitive market existed for consumers of all ages.
Post webinar: focus on the ipod and soon to be i-pad generation
Alvin Jackson, director, Mulberry Consulting, Nicholas Thurlow, director – Text2Insure, Fortis and CSC consultant Keith Aylwin debate how insurers should respond to the ipod generation in this webinar which is now available, free, to view on-demand.
Zurich names first global head of marine claims
Zurich has appointed Steve Gillen as its first global head of marine claims.
Accident Exchange fails in committal application
Credit hire organisation Accident Exchange has failed to get permission to have an Autofocus employee committed for contempt of court