News
Baltic Exchange opts for virtual future
Plans to establish a virtual Baltic electronic exchange were announced today by the shipping market. ...
Royal Scottish Assurance fined £2m
The Personal Investment Authority has fined Royal Scottish Assurance £2m for deficiencies in its endo...
ABI endorses new mortgage guidelines
The Association of British Insurers has welcomed the release of a consultation paper by the Financial...
Equitas faces increased asbestos claims
Equitas, the company established to reinsure and run off the 1992 and prior liabilities of Lloyd's Na...
Tarbuck v Avon High Court 11 November 2000.
The claimant was a solicitor whose client had legal expenses insurance. After losing her case, th...
PIA disciplines Nat West Bank.
The Nat West Bank was fined £500,000 last week by the Personal Investment Authority, after disciplin...
PIA expels firm.
The Personal Investment Authority has expelled the firm of South Cheshire Investment Services of 9 H...
Randall purchase.
The US operations of Eastgate have been acquired by Randall & Quilter Investment Holdings, founded b...
PCS: branch split.
Loss adjuster Property and Casualty Service's 12 UK branches have been split into five regions, each...
Seasonal boost.
The Retirement Insurance Advisory Service, which specialises in providing cover for those approachin...
Bank's auto deal.
Estonian automobile reseller Fakto revealed on Friday that Optiva Bank has sold its 46% stake in the...
No fees due to Act.
The Insurance Brokers' Registration Council has decided that no fees are to be collected from indivi...
Polish unrest over PZU sale ruling.
The Polish Court has refused to uphold the government's efforts to cancel the part-sale of insurer P...
The broker experience.
Post Magazine's commercial lines survey has thrown up several areas of serious concern among the broker community, following this year's merger activity - issues that insurers would be wise to address, although there were some positive notes, says Jane…
SPIC sails for Japan.
The Standard Protection and Indemnity Club has entered into an exclusive agreement with Tokio Marine...
Marine marketing.
Ipswich-based marine and freight liability insurer the Lonham Group is embarking on a marketing camp...
Penny Black's insurance week.
Steven Philippsohn at solicitors Philippsohn Crawfords Berwald has warned that France's attempts to ...
Willis acquisition makes it top in NI.
Willis Harris Marrian, the Northern Ireland subsidiary of broker Willis, has acquired fellow broker ...
Lifewise rates down.
Royal & Sun Alliance is reducing its rates on its Lifewise level term assurance by up to 70% to stre...
Simple 2 pension.
Online employee benefit portal, simple2.co.uk has gone live, providing a range of stakeholder pensio...
Direct dialling.
The telesales direct market has been successful, but recent changes in its direction and the increasingly blurred lines between direct writers and brokers have led to assertions that it may now be past its peak. Veronica Cowan explains.
Derby fan wins tickets.
Wayne Harries has won Post Magazine's latest football competition in conjunction with Avon Insurance...
Troubled waters.
Some insurers who have lost out in the recent floods may be tempted to cut back on surveys and inspections to boost short-term profits, says Rachel Gordon, and brokers are seeing an opportunity to plug the risk management gap.
New-look supplement.
Post Magazine's new-look supplement includes an exclusive survey of how brokers feel about service s...