News
55m affected by disasters in China and the Philippines in 2012
New research shows China and the Philippines were the countries most affected by disasters last year.
Strike hurts Hong Kong port operator
Hongkong International Terminals is struggling to settle a strike dispute that has hurt business badly.
Cooper Gay buys out Chilean JV partner
Broker Cooper Gay has moved to a 100% shareholding in Cooper Gay Chile S.A. following the acquisition of the remaining 49.99% shareholding from Servicios Security SA.
Personal injury firm stops accepting referrals
Personal injury law firm Antony Hodari is cutting ties with claims intermediaries in a move to become “self-sufficient” in generating its caseload.
Crawford UK appoints Lofkin as agricultural south field team manager
Paul Lofkin has joined Crawford’s UK operation as part of a continued push on agricultural business.
Ace names chairman for Germanic region
Ace Group has promoted its country president for the Germanic region, Dankwart von Schultzendorff, to the newly created position of chairman in the same region.
Ironshore’s Pembroke Syndicate authorised to offer coverage through Lloyd’s Japan
Ironshore International’s Lloyd’s Pembroke Syndicate has been authorised by the Japanese Financial Services Authority to offer representations and warranties coverage through Lloyd’s Japan.
Ironshore extends Japanese reach
Ironshore International's Lloyd's Pembroke Syndicate has been authorised by the Japanese Financial Services Authority to offer representations and warranties coverage through Lloyd's Japan.
Only Young Drivers launches on Comparethemarket
Only Young Drivers has joined the insurer panel of comparethemarket.com.
Admiral enters legal JVs with Lyons Davidson, Cordner Lewis
Admiral has received approval from the Solicitors Regulation Authority for new joint ventures launched in partnership with two law firms
Antares returns profit of £12m and sub-100% COR
Antares' managed syndicate 1274 has reported a leap in profit to £16m for the full-year 2012 compared to a loss of £12.2m in 2011.
ECIC names warranty underwriting head
Electrical Contractors’ Insurance Company has expanded its insurance-backed warranty business with the appointment of Iain Spicer as head of warranty underwriting.
Solicitors urged to consider insurer ratings
Solicitors have been urged to check insurers' financial strength before acquiring professional indemnity cover following the demise of two unrated providers in recent years.
Gallagher Heath inks bowel cancer travel insurance deal
Bowel cancer sufferers will now be able to obtain travel insurance thanks to a deal between Gallagher Heath and Beating Bowel Cancer.
Verbal CMC contracts outlawed amid industry-wide clampdown by regulator
The Claims Management Regulator has unveiled new rules which will prevent claims management companies from making verbal contract arrangements with consumers.
Brokers can trade completely online with Allianz Commercial offering
Allianz Commercial has launched a full-cycle business model which will enable brokers to trade completely online.
Capita launches London market risk capture programme
Capita Insurance Services aims to improve efficiency in the London market by applying its market level risk capture programme already used by managing agents with service companies in Singapore.
LMI names Manchester manager
Liberty Mutual Insurance has appointed Scott Taylor to head up its Manchester office.
Towergate and Gallagher Heath sign up to Arc Legal trading platform
The retail marine division of Towergate and Gallagher Heath has signed up to use a new trading platform for commercial legal expenses launched by Arc Legal.
Axa launches online travel insurance facility for affinity customers
Axa Direct & Partnerships has created a travel insurance website for Lloyds TSB customers designed to help them make the most of their policy.
Xchanging launches free London wi-fi
Xchanging has begun the roll-out of free wi-fi access throughout the City of London with the firm’s Leadenhall headquarters leading the way.
Diversified economy helps Kuwaiti insurers but challenges remain
Kuwait’s bid to balance its revenue sources through the development of non-oil sectors, along with more stringent regulation of the insurance market, will have beneficial consequences for the nation’s insurers, according to research by Timetric.
Markel moves to single tech platform
Markel has streamlined its business processes by replacing several back office systems with a single business platform.
Aon signs new £15m a year sponsorship deal with Manchester United
Aon has signed a new sponsorship deal with Manchester United that will see the name of the club’s Carrington training ground changed to the Aon Training Complex.