News
Groupama wins fraud case
Groupama Insurances has achieved a significant success in a recent legal case that uncovered evidence of co-ordinated fraud.
Mississippi will not do a Florida, says governor
A proposal by the attorney general of Mississippi to force insurers to continue writing property cover has been snubbed by the state governor.
NIG recruits new boss
Michael Rea has been appointed to the newly created role of Director of NIG, the broker-only insurer.
Scorverium deal stacks up, says analyst
In a note to investors, analyst William Hawkins at Keefe Bruyette and Woods (KBW) has described the possible tie-up of European reinsurers Scor and Converium as being earnings accretive and demonstrating good industrial logic.
Budget creates 600 jobs with new office
Personal lines broking giant Budget Group has opened an additional contact centre in Peterlee creating 600 jobs
GAB Robins appoints regional field quality manager
Loss adjuster GAB Robins has named Chester Studzinski as field quality manager for Scotland and Northern Ireland.
CBG hires new stock broker ahead of 06 results
CBG, the Manchester based insurance broker, financial adviser and healthcare specialist, will announce its preliminary results for the year ended 31 December 2006 on 5 March 2007 and is pleased to advise that it is delighted with the performance of the…
Scor discloses a 32.9% stake in Converium as bid battle hots up
French reinsurer Scor has announced that it has acquired 32.9% of the share capital of Swiss reinsurer Converium.
Arista to use HSB capacity for equipment breakdown
The commercial lines underwriting organisation Arista has announced an arrangement with HSB Engineering Insurance part of the HSB Group the world’s leading engineering insurer, to provide equipment breakdown cover.
Novae in D A Constable and Ace swoop
London market insurer Novae has hired two new underwriters to write a new international liability book.
Loss adjuster unveils new forensic service
Claims People has extended its range of products and services by developing a motor forensic investigation service to assist insurers, solicitors and self-insured corporate fleet operators in the UK.
Over one thousand claims firms seek authorisation
1,176 applications have been received for authorisation under the Compensation Act 2006 to provide regulated claims management services.
New liability cover restrictions on horizon says Aon
Vigilance amongst insurers on emerging and already-recognised risks is on the rise, according to a new report by Aon into global liability trends.
Financial Services Compensation Scheme
The latest firms to be declared in default by the Financial Services Compensation Scheme:
Marsh Develops Policy To Combat Changing Fraud Environment
Marsh has developed a new product addressing the fraud and crime risks faced by financial institutions.
SBJ makes two board appointments
Broker SBJ Group has appointed two new board members.
Scor bid for Converium rejected
Swiss reinsurer Converium has announced that its board has unanimously rejected an unsolicited bid by SCOR to buy the company for CHF 21 per share.
Neal given new role in QBE shake up
QBE today announces key changes to its European management structure with John Neal appointed to the newly created position chief operating officer for QBE European Operations.
Dental healthcare insurer aims to reduce application stress
Dentists Provident has introduced a new tele-interviewing service aimed at enhancing the process for individual applicants by making it quick, simple and stress-free.
Aon boss joins Lloyd's
One of the London Market's leading brokers has joined Lloyd's, initially on a three-month secondment, to further the pace of process change across the market.
American P&I club launches marine environment publication
American P&I club has produced its latest publication ‘Protecting the Marine Environment’ for its members.
New CEO at Axa Art UK
Annabel Fell-Clark has been appointed as chief executive to Axa Art UK.
RAC appoints new manager
Mary Livingstone has joined the corporate partnerships team at RAC as a financial services partnership manager.
CME and Carvill launch rival to Nymex-Gallagher Re US Cat options
Derivatives giant, the Chicago Mercantile Exchange CME and has announced that it is to launch CME-Carvill Hurricane Index futures and options on futures contracts March 12th.