Post - 2010-06-03

HDI-Gerling restructure

HDI-Gerling is to form two new business divisions, major & global risks and UK corporate, together with the creation of a new regional structure.

FFDR appoints King

Scottish disaster recovery firm FFDR has appointed Kenny King to head its Aberdeen operation.

Irish to sell VHI

The Irish government has revealed it is to sell state-owned medical insurer VHI after injecting capital into the firm.

Aviva charity pledge

Aviva plans to mark the first anniversary of its rebrand by pledging to donate 1% of its average daily broker generated premium for the month to the Aviva 'Street to School' campaign.

ABI levy 'disappointment'

The Association of British Insurers has revealed its disappointment at the Financial Services Authority's regulatory fees and levies for the next financial year.

Millar leaves RBSI claims

Julian Millar, head of specialist claims operations at Royal Bank of Scotland Insurance, has parted ways with the company.

CHO chairman named

Ralph Ferguson, the former chairman of the National Association of Credit Hire Operators and Drive Assist claims director, has been appointed as interim chairman at the Credit Hire Organisation.

FSA extends PPI referrals

The Financial Services Authority has introduced a temporary rule to allow payment protection insurance policyholders more time to refer complaints to the Financial Ombudsman Service.

C&G takes RBSI's Morgan

Congregational & General is to appoint Andrew Morgan as claims manager, working across the home and church divisions of the organisation.

Quinn shortlists sale trio

Three investment banks have been shortlisted by Quinn Insurance to assist with the sale of the business, with a winner to be appointed by the end of the week.

British Gas hires Hutton

British Gas Insurance has named the chief executive designate it hopes will help the company fulfil its ambition of becoming a top-10 UK player by the end of 2011.

BVCAIS targets 10% D&O rate reduction

Members of the British Private Equity and Venture Capital Association could benefit from a 10% reduction in premium rates after the launch of BVCA Insurance Services.

View from the top: Solvency 2 - Insurance 0

Ask me what business I am in right now and I will say 'Solvency II'. Because, when I check my diary, I see a wall of meetings geared towards ensuring Groupama's compliance with the UK version of the new European solvency and risk management regulations.

MMA regional team

MMA has named the team that will lead its new regional office in Chelmsford, part of the insurer's commercial lines expansion announced in March.

Kwik Fit seeks proof

Kwik Fit Insurance has signed a contract with conversion management expert Maxymiser, to improve online customer engagement and provide scientific proof of winning web content.

Biba kicks off lobbying with Treasury meeting

British Insurance Brokers' Association chief executive Eric Galbraith has voiced his concerns over the latest wording of the Bribery Act 2010, warning the new government it must learn from its predecessor's handling of the insurance premium tax issue.

North of the Border: opening the floodgates

In the case of Maureen Flood v University Court of the University of Glasgow, Ms Flood, a university lecturer, claimed damages from her employer for depression caused by workplace stress.

Hurricane warning

The National Oceanic and Atmospheric Administration has predicted "one of the most active [hurricane] seasons on record."

Katla eruption threat

Experts from the newly formed UCL Institute for Risk & Disaster Reduction have warned that with the high frequency of eruptions of Icelandic volcano Katla, an eruption in the short-term is a strong possibility.

Adjuster in sports pilot

Intersport Insurance Services has agreed a six-month pilot scheme for its commercial sports equipment validation service with a "top three loss adjuster".

World Cup triggers injury debate

The upcoming football World Cup is likely to reignite the debate over who should cover players injured as a consequence of taking part in the tournament.

Interview - Paul Geddes: Regaining an edge

With a new team in place and a major change programme underway, including 2000 job cuts, RBSI CEO Paul Geddes talks to Jonathan Swift about the need to stay competitive.

Postbox: Davies: not just for the big insurers

I am glad to see that healthy competition prevails and wish Messrs Greenwood, Carr and Cranford-Smith good luck in their venture of creating a new loss adjusting business.

Postbox: Validation is not onerous

Groupama Insurances counter-fraud manager Stephen Teeling's recent article 'Getting to know you' raises a valid argument that the insurance industry should follow the example of the major banks and put in place industry-wide practical validation measures…

Fraud - World Cup warning: Eye on the ball

Major sporting events are a magnet not only for fans but also financial criminals. Mark Jones explains how South Africa has a secret weapon to bolster its defences as the 2010 football World Cup kicks off.

Career development & CSR news: Kwik Fit four bike challenge

Four leather-clad Kwik Fit Insurance employees are taking part in a 1600-mile sponsored motorbike ride, around the coast of Scotland, in a bid to raise thousands of pounds for a much-needed cardiac ultrasound machine at The Royal Hospital for Sick…

Penny Black's insurance week

Despite claims to the contrary, Penny is still not 100% convinced by former Lorega chief executive John Sims' claims that he is not having a mid-life crisis.

Review follows £60m Capita deal

Capita has outlined plans to retain the staff of Premier Medical Group following its £60m acquisition of the company last week.

ELTO success not dependent on FSA

The insurance industry has continued to back the formation of an Employers’ Liability Tracing Office, despite concerns about the future of the Financial Services Authority.

Wood advisory role

Gateshead-based Northern Counties Insurance Brokers has appointed Mark Wood, managing director of UKGI, pictured, in a non-executive advisory capacity.

Rehabilitation - PAS 150: Kitemark conundrum

The lack of an attached kitemark to new rehabilitation code of practice PAS 150 spelled disappointment for some. In the first of two articles on the standard, Lynn Rouse explores the key issue of accreditation.

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