News
Rehabilitation register call
Rehabilitation body BIMCA has called on all the solicitors and insurers signed up to its register supporting the Rehabilitation Code to update their details. It is also calling on providers signed up to its quality standards to do the same.
Cardif Pinnacle acquires warranty provider
Cardif Pinnacle has acquired a majority shareholding in Warranty Direct, a provider of personal extended warranties that protect consumer‘s cars and electrical appliances via its website www.warrantydirect.co.uk.
Bright Grey adds Indexation to CI and Life Cover Policies
Bright Grey has added an indexation payment option to its critical illness and life policies.
Bright Grey adds Indexation to CI and Life Cover Policies
Bright Grey has added an indexation payment option to its critical illness and life policies.
Federal judge asked to move back sentencing for Gen Re, AIG execs
Prosecutors have asked a federal judge to move back the sentencing date of five former insurance executives convicted in February of securities fraud for one month to allow more time for a government expert to prepare a report on the loss amount used in…
Equity strikes fraud management deal
Equity has appointed Absolute Fraud Management to provide its fraud management solution based on cognitive interviewing on a two year exclusive contract. The appointment follows a six month pilot scheme.
Claims company diversifies into glazing with new subsidiary
As part of its strategy to diversify into new markets, drainage specialist UKDN has launched UKGN – the UK Glazing Network.
Direct to offer Arc legal services
Legal costs insurer Arc Legal Assistance has been appointed to provide a family legal expenses cover and range of legal services to clients of Direct Group.
Tunnicliffe to take up Kiln role
R J Kiln and Co has announced that Lloyd Tunnicliffe is joining Kiln with a view to his becoming active underwriter of Kiln Syndicate 807, succeeding Stephen Mathers who is expected to retire at the end of this year.
Four more London authorities snub insurance sector
Four London boroughs have joined Local Authorities Mutual on 1 April, its first anniversary. They are Croydon, Camden, Haringey and Lambeth, bringing the total of full participating members to seven with others planning to join over the next three years.
Dual reports rise in GWP
Dual International has reported a 17% increase in gross written premium from 2006, reaching €104m for the financial year to September 2007.
ABI calls for flood resilience kite mark
A new flood resilience kitemark is needed for housing developments planned in the floodplain, the Association of British Insurers said today. The voluntary kitemark would set minimum construction standards, such as the use of water-resistant building…
Novae launches new product
Novae Insurance has revealed the launch of a new product tailored for the IT industry.
Novae Insurance launches new product for IT professionals
Novae Insurance Company (Novae Insurance), the wholly-owned FSA-regulated subsidiary of Novae Group, continues its expansion and product development through the launch of a new product tailored for the IT industry.
Aon designs new policy for key workers
In response to the government’s Key Workers Living Programme, Aon has launched a new home insurance policy to help key workers protect their assets.
Advent's Syndicate 780 underwriting chief Tunnicliffe resigns
Advent Underwriting, the Lloyd's Managing Agency business of Advent Capital, said that Lloyd Tunnicliffe, chief underwriting officer of Syndicate 780 has resigned from the company.
Fed prosecutors pressuring Berkshire to fire Gen Re CEO - report
Federal prosecutors are pressuring Berkshire Hathaway to replace the chief executive of its reinsurance subsidiary General Re, following criminal-fraud convictions of four former General Re executives earlier this year, says the Wall Street Journal,…
Aon launches key worker housing policy
Aon has launched a new home insurance policy aimed at protecting the assets of key workers.
Broker buys underwriting agency to close in on £30m target
LFC Insurance Group, the South-East based commercial broker, has acquired the shareholding of RS Hayworth & Co, trading as Shield Policies.
Liberty boosts PI in Bristol and Manchester
Liberty International Underwriters, a division of insurer Liberty Mutual Group, has boosted its regional professional indemnity expertise through the appointments of Katie Dumenil and Simon Barber to its Bristol and Manchester offices respectively.
Austen leads MBO of Gallagher Re's Asia arm
Richard Austen, the former chief executive of Arthur J. Gallagher’s Asian reinsurance broking arm, has led his group to a managing buyout of the unit.
Insurer moves to buy broker stake
Hiscox has acquired a 35% of Media Insurance Brokers International, it announced this morning.
WNS strengthens UK footprint
WNS Holdings, a provider of global business process outsourcing services, has acquired Call 24/7 - an auto insurance-claims-processing services provider based in the United Kingdom.
Giles buys third Midlands broker
Giles Insurance Brokers has acquired David Moore and Company.