News
ISS founder moves on
ISS Damage Control has announced the departure of its founder, Rodger Arneil. Mr Arneil formed the ...
Premium rises leading to fewer policyholders
Premium rises are leading to fewer individuals taking out private medical insurance, according to Da...
Almost 1000 firms miss GI Day cut
The Financial Services Authority has revealed the approximate size of the intermediary market for th...
Zurich ready to roll out SME shake-up
Zurich has revealed plans to extend its new business model to boost its share of the small and mediu...
Appointment at Allianz Cornhill Commercial
Marc Johnson-Hall has been appointed senior motor trade underwriter at Allianz Cornhill Commercial. ...
Hurricanes trigger white paper launch
Risk-modelling specialist Air Worldwide Corporation has released a white paper entitled Analysing an...
Rival team transfer leads to risk division
Insurance services group Omni Whittington has launched a risk management company, after recruiting a...
NU attacks FSA over rules
Norwich Union has slammed the Financial Services Authority for rules it says are anti-competitive fo...
Downturn in liability rates
The downturn in liability rates has not been as dramatic as in other lines according to a new report...
Duo claims market first
Broker Law Assist and liquidation expert Insolvency Management are joining forces to provide an insu...
UK terrorist risks brought home to insurers
The threat of terrorist attack is more likely in the UK than in the US in 2005, according to experts, but the commercial impact and loss of life in either country is likely to be far less than that of 9/11.
Airclaims flying high after MBO
Airclaims, a London-based provider of loss-adjusting, information and consultancy services to the aviation industry, has been bought by its management team in a multi-million pound deal backed by private equity firm LDC.
Lloyd's in contract certainty pledge
Lloyd’s head of business process reform Iain Saville today announced two initiatives to give brokers and underwriters new XIS information checks.
Argent and OSG in strategic alliance
From 1 February 2005 Argent Liability Adjusters and OSG Group will enter into a strategic alliance to provide London Market clients of Argent with a solution to their service requirements in the Irish Market.
Trading conditions favourable for Kiln
Underwriting conditions remained favourable in 2004 and the initial stages of the 2005 renewals season indicate that underwriting discipline in the market is being maintained according to Kiln in a trading statement issued today.
Aon launches Latin American subsidiary
Aon Corporation has announced the formation of Aon Affinity Latin America. The organization will be headquartered in Sao Paulo, Brazil, where Aon has an established presence in the affinity marketplace through Aon Affinity do Brasil.
Benfield releases renewals report
Despite a second year of massive catastrophe losses, increasing competition is already forcing underwriters to choose between sacrificing premiums, profit or capital, according to a comprehensive report on the 2004/5 reinsurance renewals from Benfield.
Guardian chairman's role vacant, Haynes takes international helm
Guardian Holdings, has announced that Gerrard Lee-Inniss will be resigning as president of Guardian General Limited with effect from 1 April 2005 in order to pursue personal business opportunities outside of the insurance industry. The new President of…
Legal and General welcomes tribunal's decision
The Financial Services and Markets Tribunal has today delivered its judgment in the case between the Financial Services Authority and Legal & General Assurance Society.
AM Best withdraws Ace Insurance rating
AM Best has withdrawn the financial strength rating of A (Excellent) of ACE Insurance (Belgium) and has assigned an NR-3 (Rating Procedure Inapplicable) following the scheduled transfer of all assets and liabilities from ACE Insurance to ACE European…
Heath Lambert recruits former Capita and Direct Line boss in affinity drive
Heath Lambert has appointed Capita Insurance Services account director Nick Dunn. He joins as divisional director of business development for its personal lines arm, Heath Lambert Insurance Services.At Capita he had responsibility for the affinity and…
Willis finds some liability sectors remain firm
The downturn in liability rates has not been as dramatic as in other lines according to a new report from broker Willis.
PCS expands services
ISO's Property Claim Services (PCS) unit has expanded its services to include loss estimates for potential catastrophic terrorism losses. PCS today announced it will assign catastrophe serial numbers to potential terrorism events likely to have caused at…
Composite finds new marketing partner
Composite Legal Expenses has signed a five year deal with Solutio Europe to offer a wide range of assistance products to the UK broking, affinity group and schemes markets.