News
Arc launches tax protection scheme for landlords
Arc Legal Assistance has launched its first tax protection scheme, for the National Landlord Association.
Converium loses chief risk officer
For personal reasons Converium's chief risk officer Markus Krall has decided to leave the company by June 30, 2007
Defence: claims handling not inherently fraudulent
There was nothing inherently fraudulent or dishonest about Independent’s claims handling techniques, said the counsel for the defence this afternoon, writes Ralph Savage.
Novae hires former Wellington property team
Novae has entered the UK property market with the appointment of a leading underwriting team.
Mazars appoint regulation and compliance expert
Mazars, the international accountancy and advisory firm, has hired Serena Joseph, an expert in financial services regulation and compliance, as a partner. She will spearhead the expansion of the firm’s regulatory advisory practice.
Ironshore wins Texas surplus and excess licence
Bermudian insurance start-up Ironshore has announced tha it has won a licence to write property, property catastrophe and casualty insurance on an excess and surplus basis for risks located in the State of Texas.
Zurich signs sole underwriting deal
Zurich has become the sole underwriter to East Sussex-based Park Home Insurance Services, signing a five year underwriting and claims agreement with the park homes, motorhome, static and touring caravan specialist.
Broker in major Southern swoop
Oval has acquired South East based Williamson Moore, the consildator's first move into the South East and its sixth acquisition in six months.
Pettet: questioned over hole and resignation
A group of senior managers at Independent Insurance were warned of a "hole" in the company’s accounts at a private meeting in June 2000 by Indie trial co-defendant Dennis Lomas. The prosecution’s first witness Stuart Pettet cited this revelation as one…
Indie trial: former manager on claims reserving
The prosecution called its first witness, Stuart Pettet, who joined Independent in 1987 as assistant UK property manager, writes Andrew Tjaardstra . Mr Pettet, speaking in front of the jury, expressed concern about the length of time claims were staying…
FSA bans unauthorised insurance company manager
The Financial Services Authority has banned David William King from managing, controlling or having significant influence over any person or companies allowed to carry out FSA regulated activities.
Prosecution: Condon and Lomas knew of ERC discussions
The prosecution laid out evidence which suggested that Philip Condon and Dennis Lomas were aware of the discussions that were taking place with ERC ahead of the Independent board meeting on 5 March 2001, writes Andrew Tjaardstra .
Capita adds motor body to insurance arm
Capita has acquired motor trade body and accident management specialist, MVRA, for an undisclosed sum. MVRA provides specialist support to organisations involved in the repair of motor vehicles, including repairers, insurers, government departments and…
RSA targets new personal lines market with JV
Royal & Sun Alliance has today announced the signing of an agreement to acquire 50% of GD II - Global Direct Insurance Investments BV(GDI), a joint venture with Direct Insurance Financial Investments (DIFI), to access the Eastern European and Russian…
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Bosses terrified of public speaking, claims report
Britain's bosses find public speaking their most terrifying business activity according to research ...
Employment law reaches your i-Pod
The Employment Group at Pinsent Masons has launched an iPod-based news and training service to help ...
Mental health model to address shortcomings
Healthcare scheme administrator Medisure and the Priory Group are launching a new mental health mana...
Pick of the Week
Anthony Gould provides a run down of the major news in this week's issue of Post including: Royal & S...
NIG distribution manager
NIG has appointed Steve Mayne to the position of distribution implementation manager. Mr Mayne will ...
Sturgess joins Colemont
Colemont Insurance Brokers has appointed Chris Sturgess as finance director. Mr Sturgess previously ...
Highway arm undervalued, claims Numis
Highway's retail broking division Hero is currently undervalued, according to the insurer's stock br...
Broker Network expands
Broker Network has announced two new members, bringing the total number of member firms to 168. Inde...
Rehab boss expands role
Helen Merfield, chief executive officer of Health and Case Management, has expanded her remit by tak...