News
Virtual value.
Selling insurance over the internet has its critics and several net intermediaries have bitten the dust lately. However many predict that e-value will soon become apparent as net trading rises sharply. David Fanning is virtually convinced.
Appointment at Carr Greenwood Smith.
Senior loss adjuster John Williams joins Carr Greenwood Smith's Leeds office. He will have responsib...
FSA defends new regime on professional standards.
David Jackman, head of training at the Financial Services Authority, defended its decision to drop s...
Care and care alike?
The government's decision to pay only for care delivered by nurses in nursing homes has raised many hackles because of the implications for long term care. Richard Thomas looks at the key issues and opportunities for insurers.
Motor database targets not naive.
Hubert Green's letter (Post Magazine, 11 January, p12) suggests that I may be somewhat naive regardi...
RSA offers Foresight.
Royal & Sun Alliance is to offer a free business continuity management tool to its brokers. Called F...
Appointment at Allianz Cornhill.
Andy Beddall is the new personal lines underwriting and marketing manager at Allianz Cornhill, and w...
Appointment at Wesleyan Assurance Society.
Helen Matthews has been recruited to the newly-created role of group marketing director at Wesleyan ...
Underwriter in BIBA access deal.
The Underwriter is to distribute its products to brokers outside its 100-strong network, after strik...
CIRC drafts rules for foreign-funded insurers.
The China Insurance Regulatory Commission is believed to have drafted its proposed rules for foreign...
Law firms merge and go national.
Law firms Pinsent Curtis and Biddle are to merge, creating a 157-partner national firm with a combin...
Aon signs up to new quality mark.
Broker Aon has launched the first of its pilot schemes encouraging contractors on its home assistanc...
Rising flood claims.
Property restoration company Munters' claims figures for 2000 reveal a dramatic rise in flood claims...
Budget staffs up following deals.
Acquisitive broker Budget is looking to recruit 60 staff, following several deals last year. It is a...
Paddick venture: nice little earner.
I would like to commend Andrew Paddick on his latest venture to replace the Insurance Brokers Regist...
GISC monitoring creates two-tier broker regime.
The General Insurance Standards Council intends to create a two-tier broker regulatory regime by ins...
Snowball rolls onto board
Richard Harvey, deputy group chief executive and group chief executive designate at insurance giant G...
IIB reports Groupama to Office of Fair Trading
The Institute of Insurance Brokers has reported insurer Groupama to the Office of Fair Trading, follo...
Fears mount over compensation shortfall
The Association of Personal Injury Lawyers is seeking an urgent meeting with the liquidators at Ches...
ZFS up on back of IFA sales
Zurich Financial Services UK operation saw life assurance and investment new premiums grow by 25% la...
US insurers escape cat losses
US property/casualty insurers paid $4.3bn in catastrophe claims last year, making 2000 the second low...
PartnerRe issues profit warning
Bermudian reinsurer PartnerRe has announced that its earnings for the fourth quarter of last year wil...
Midland's four form alliance
Four Midlands insurance brokers have formed The Midland Broker Alliance in order to pool their resour...
Lloyd's acts on late payment
The Lloyd's Market Association has issued a statement on late payment of premiums. It has called on a...