News
Barbican hires Willis' Goddard as cyber underwriter
Barbican Group Holdings has appointed Jayne Goddard as cyber underwriter in the firm’s specialty division.
Reid pledges Bluefin commitment after taking executive chairman role
Newly appointed Bluefin executive chairman Stuart Reid is "really excited" about a new role at the broker, he told Post.
Reid named Bluefin chairman, group MD steps up to CEO
Bluefin chief executive Stuart Reid is to step up to a new role as executive chairman of the broker, replaced by group managing director Mike Bruce.
Open GI wins Markerstudy retail contract
Open GI has been appointed by Markerstudy Group’s retail division to provide its software for the next five years.
Dutch insurers urged to offer risk-based flood cover
Dutch insurers must accept the rejection of a proposed compulsory flood scheme and start offering flood cover on a voluntary basis, according to Neerlandse co-founder Rogier van der Kooy Versteeg.
Hiscox adds new lines to overseas property cover
Hiscox has made several additions to the home insurance available to UK private clients with overseas homes.
Mass calls for SRA rethink on enticements to claims
The Motor Accident Solicitors Society has expressed disappointment at the fact the Solicitors Regulation Authority is not considering outlawing cash or gift enticements to potential claimants.
Hiscox extends overseas home insurance cover
Global insurer Hiscox has extended the coverage available for UK private clients with overseas homes.
Ex-DAC Beachcroft partner joins BLM fraud team
Berrymans Lace Mawer has appointed new partner Joanna Keogh to its national fraud team.
DIMA appoints new board members at AGM
Dublin International Insurance & Management Association, the representative body for Ireland domiciled reinsurers, elected five directors to its board at its AGM last week.
Engineer jailed for fraudulent claim
An engineer who tried to claim £900 000 from RSA after suffering an accident at work has been jailed for eight months after pleading guilty to committing fraud.
Marsh’s Hodgins elected to DIMA board
Dublin International Insurance & Management Association, the representative body for the international reinsurance industry in Ireland, has elected five directors to its board.
IFB boss Fletcher welcomes fraud sentencing consultation
Insurance Fraud Bureau director Ben Fletcher has hailed a consultation from the Sentencing Council to set new guidelines for fraud.
Allianz personal lines stalwart joins Zurich
Zurich has appointed Gareth McChesney as director of personal lines underwriting and pricing for its UK general insurance business.
Fire service tackles huge blaze at West Midlands plant
Firefighters are tackling one of the largest fires ever seen in the West Midland after 100,000 tonnes of plastic caught fire at a recycling plant in Smethwick.
Repair firm warns on Flood Re start date “grey area”
Damage restoration specialist Richfords Fire and Flood has warned that a new agreement on flood cover is not due to come into effect until 2015, with a “grey area” in the interim.
Gable combine ratio improves to 67.4%
Liechtenstein-based Gable's combined ratio improved to 67.4% in its full year results for the calendar year 2012, beating its restated 2011 figure of 78.8%.
Law Society to launch professional indemnity scheme
The Law Society is in the process of establishing a professional indemnity scheme for small firms to help them steer clear of unrated insurers.
Business as usual says Co-op as it launches £6m ad campaign
The launch of a new advertising campaign for The Co-operative Insurance represents "business as usual" according to commercial director Lee Mooney.
Sequel appoints non-executive director
Insurance software specialist Sequel has named Peter Droussiotis as a new independent non-executive director on 1 July 2013.
Quindell to scale down acquisitions following latest purchase
Quindell Portfolio has outlined its acquisition strategy after revealing the completion of a deal to purchase the React and Recover Medical Group.
Gable records 67.4% 2012 COR
Lichtenstein-based Gable has scythed its combined ratio to 67.4% in its full year results for the calendar year 2012, beating its’ restated 2011 figure of 78.8%.
Alec Finch steps down from Biba board
Alec Finch has left his place at the board of the British Insurance Brokers’ Association following the end of his term.
Willis Re encouraged by Flood Re government liability and excesses pledge
Proposed pool will not impose a significant administrative burden on insurance businesses nor undermine the commercial environment according to Willis Re.