News
Dubai authority joins international regulatory group
The Dubai Financial Services Authority (DFSA) has been accepted as a full member of the International Association of Insurance Supervisors (IAIS).
RSA gets on its bike
This weekend nine members of Royal & Sun Alliance's marketing team are taking place in the London to Brighton sponsored bike ride.
Cobra in RSA tie up
Cobra, the independent commercial broking alliance, has announced that Royal & Sun Alliance has joined its panel with immediate effect.
Lloyd's signs £10m deal with Unisys
Lloyd's has signed an infrastructure managed services agreement with IT provider Unisys, with a potential estimated value of £10m to Unisys over the five year term of the contract.
NAIC works on a unified state-based regulatory framework
The National Association of Insurance Commissioners (NAIC) has submitted a detailed framework document to th US House Financial Services Chairman Michael Oxley, detailing ongoing and proposed steps to create a state-based national system of insurance…
JLT looks to boost reputation through student scholarship scheme
Jardine Lloyd Thompson (JLT) has launched a student scholarship scheme at the University of York to build an interest in insurance amongst students and to build JLT’s reputation among the student community.
CPI teams up with SolaGlas Windowcare to offer glazing service
Countrywide Property Inspections has announced a strategic alliance with SolaGlas Windowcare to offer a rules-based glazing, locks and doors inspection, validation, repair and replacement service.
Helphire announces profits of £35m
Helphire Group has announced gross profits of £35.1m for the year ending 31 March 2004, with pre-tax profits on ordinary activities in the region of £7.1m, an increase of 35%, in comparison to last year’s £5.3m).
Norwich Union in new property outsourcing deal
Land Securities property outsourcing business, Land Securities Trillium, has today agreed a major deal with Norwich Union to manage and improve its core occupational estate.
Underinsurance rife among household art and antique collectors
Many household collectors of art and antiques are under insuring their home contens, according to a new survey by Hiscox and specialist fine art and private client broker, Aon.
Fusion plays Samaritan to policyholders' employees
Fusion claims to have become the first UK insurer to provide both free employee stress counselling and on-line advice for employers as part of all policies.
Cox moves to defend reserves strength
Cox Insurance Holdings has issued a robust statement rejecting recent press reports which cast doubt over its reserves and speculated on the real reasons for the termination of take over talks with insurer Highway.
CMGL Syndicate Management strengthens board
CMGL Syndicate Management Limited, a wholly owned subsidiary of Claims Management Group Limited, has announced three new appointments.
Heath Lambert UK MD given new role
Heath Lambert today announced it has appointed Adrian Colosso as group managing director.
Senior managers not confident dealing with absenteeism
A recent Marsh study of 950 companies in Western Europe (Survey of Risk 2004) reveals that 52% of respondents believe that staff absenteeism and turnover are significant risks to their business, but are not confident in knowing how to deal with them.
Flexible medical plan launched by HSA
HSA has launched a private medical insurance package which allows employers to pick and choose from a range of modules to satisfy their company and employee needs.
Helphire Group opens branch in Newcastle and appoints new managing director
Helphire Group has opened its 15th regional branch, in Newcastle. With another five branches due to open this year, the company anticipates recruiting more staff locally and nationally.
Demand for qualifications to increase, says CII report
Demand for qualifications is set to increase over the next five years, according to the results of the CII's Company Education Support report 2003, published today.
Marsh highlights stress risk
Senior managers must lead from the front when it comes to dealing with stress at work, according to Marsh.
GE ERC opens new HQ
GE's Employers Reinsurance Corporation (GE ERC) has opened its new global headquarters building in Kansas City, Missouri.
S&P makes Mercantile announcement
Standard & Poor's (S&P) has affirmed its ‘AA’ (very strong) counterparty credit and financial strength ratings on Old Republic Mercantile Insurance (Mercantile) and subsequently withdrew the ratings at the company’s request.
Pender in court over alleged unpaid business interuption claim
Telecommunications network Australia Japan Cable has sued Pender Insurance Limited, the former Cable & Wireless captive, for damages following its refusal to cover an insurance claim made in 2001 for loss of part of its cable network during construction.
Bennetts announces sponsorship drive
Motorcycle insurance specialist Bennetts has agreed a deal with Sky Sports to sponsor a number of the channel's motorcycling programmes.
Utley quits Cox - Fisher steps in
Neil Ultey, chief executive of Cox has resigned as both CEO and as a director of the group with immediate effect. The company recently tried to buy motor insurer Highway but talks between the two companies collapsed last month.