Post - 2010-06-17
There is no fundamental bias against the Northern Irish motor and property markets — and higher costs in the legal system are the reason personal injury claims tend to be steeper.
The government may look at buying more insurance as part of its strategy to cut costs, Post has learnt.
Tesco's commitment to making serious headway in the price comparison site market has come under scrutiny, following the departure of its chief executive.
Broker network Westinsure is poised to close its Broker 2 Broker online trading portal at the end of the month, after claiming it does not meet members' needs.
RSA's commercial broking division is to lose a second key director within a month, when Aaron Devitt leaves the UK business. Mr Devitt, sales director since November 2008, will leave to take over as commercial lines director for RSA's Scandinavian…
Intermediaries that accept commission should be prevented by law from describing themselves as independent, according to a member of the Committee of European Insurance and Occupational Pensions Supervisors.
The administrators for Quinn Insurance will not be enforcing compulsory redundancies at the beleagured insurer, after enough voluntary redundancies were taken up.
Corpore is to acquire some of the assets of rehabilitation provider, Kynixa.
IGI Insurance is to change its name to Am Trust Europe, having received a major investment from multinational property and casualty insurer Am Trust International Insurance.
The Association of Insurance and Risk Managers has unveiled plans to end disproportionate member penalties for inadvertent non-disclosure in a move it hopes will be mirrored by eventual insurance law reform.
Lloyd's insurers that have been trading below book value saw their share prices jump following a private equity bid to buy Brit Insurance.
The five most popular stories at postonline.co.uk over the past seven days were:
Ecclesiastical is proposing to alter Ansvar's legal status to a business division of the group.
Axa has insisted it remains committed to its UK general insurance and health operations.
The former head of specialist claims operations at Royal Bank of Scotland Insurance Julian Millar has joined QBE.
The founder of telematics-based motor insurance provider Insure the Box has said its sole focus on pay-as-you-go technology makes it more likely to succeed where others have failed.
Last week, Brit Insurance certainly made waves on the Stock Exchange when its share price rocketed on news that US private equity house Apollo was sniffing around the business and had made a £10 per share cash offer.
The British Insurance Brokers' Association has urged members to take an active role in an upcoming consultation of Financial Services Compensation Scheme levies to help reduce the burden of fees on intermediaries.
The Claims Standards Council has labelled Lord Young of Graffham's upcoming review on health and safety legislation as "totally irrelevant".
The Willis commercial network has announced two of its largest members, Berkeley Insurance Group and Beaumonts Insurance Brokers, have committed to remain with WCN in long-term deals.
Ink Underwriting Agencies has relocated to new offices at Vantage House in Rayleigh, Essex.
Professional Broking, the management magazine for insurance brokers, has announced the latest round of dates for its leadership training for broker managers course, helping managers develop skills from problem solving to recruiting the right people.
Lloyd's broker NCG Professional Risks has targeted a move into UK retail, international reinsurance and international commercial property and casualty after receiving £1.4m of investment from BP Marsh.
Coversure is gearing up to launch five more branches in the coming months after opening the doors of a new high street site in Tamworth.
The former operations director of energy specialist Oamps has joined the board of Epsom-based broker Stonebridge Corporate.
Over-50s insurance provider Staysure has opened a branch in Marbella, Spain offering home, health and travel insurance plus pre-paid funeral packages to the expat community. As well as running the expat service, the new office will provide a base for…
Accident Exchange Group subsidiary APU is set to launch a new online spot hire rate service aimed at "defusing the tension" in the credit hire industry.
XL Insurance has launched a claims defensibility service aimed at helping companies manage their liability risks.
Tyco Risk Management has extended its third-party administrations contract with Cunningham Lindsey for a further two years.
Insurance broker QLP and law firm Davies Arnold Cooper have joined forces to launch a risk management tool aimed at helping law firms reduce their exposure to professional indemnity insurance price and provision volatility.
NIG has rolled out a new geospatial mapping tool covering the whole of the UK including Northern Ireland.
A newly elected Labour MP has called on the government to reveal the outcome of a consultation into the establishment of an employers' liability insurance bureau undertaken before the general election.
Eighteen years of independent corporate governance reviews have failed to reduce the risk to shareholder value and corporate reputation, according to Matthew Bates, Heath Lambert's head of risk management.
Passion and politics are just as important as technical skills when it comes to securing today's top risk management roles.
Cyber liability is the most significant emerging liability exposure in the UK, according to the Airmic's first-ever benchmarking study into the casualty insurance market, carried out jointly with Advisen.
UK corporations remain overly reliant on insurance as a catch-all solution and are failing to take risk seriously as a board issue by delegating responsibility downwards. These are among the key initial findings of a three-year study being undertaken by…
Multinational clients of Ace UK are set to benefit from real-time management and monitoring of their insurance programmes with the launch of Worldview this week, a web-based portal clients can access direct from their desktops.
RSA has launched a claims defensibility programme for large corporate clients to enhance risk management issues surrounding accidents in the workplace.
The recent judgment in Beechwood Birmingham v Hoyer Group is good news for motor insurers, writes Richard Lewis.
Liz Taylor warns about taking a mechanised approach to Solvency II and enterprise risk management, claiming an organic and flexible stance is better.
Our World Cup competition continues, with more great prizes up for grabs — including an Ipad.
Compensating those who suffer injury at work and returning them to employment as fast and as safely possible is not only the morally right thing to do, but it is also in the best interest of the insured and their insurer. Nevertheless, average claims…
With the new coalition government currently reviewing spending and revenue, many forecasters believe that the 5% tax rate on general insurance will be at least doubled in the emergency Budget due on 22 June.
I think the photographer may have been facing in the wrong direction when he shot the photograph for the 'Regional Review'.
New entrants are circling the high net worth arena, as it is talked up as an area of potential growth. However, as Ralph Savage reports, others claim it is a car crash waiting to happen.
In the second article of a two-part series on the new rehabilitation code of practice, Lynn Rouse explores concerns about cost, cohesiveness and potential public sector failure to join their private provider counterparts in the journey to compliance.
The going is tough for bloodstock insurers, with overcapacity, pressure on rates and a tendency towards self insurance. Jane Bernstein reports on the financial pressures involved in the industry.
David Ashby reports on the likelihood and potential effects of a contagious diseases striking the equine industry and what is being done to help prevent this.
The internet has been a feature of the personal lines market for a long time. Matthew Reed explores the reasons why commercial still lags behind.
Ecclesiastical has embarked on a new academy-style training programme aimed at producing a workforce of "well-rounded underwriters".
Employers have been advised to implement a policy to deal with potential staff absences during the 2010 World Cup.
Staff from Haywards Heath-based First Central Insurance Management, the service provider for online motor insurer First Central, defended their title and won the annual Action For Children Football Tournament, which is organised by recruitment agency…
My recent interview feedback has said I come across as over-confident in my abilities — and sometimes even aggressively self-promoting. How can I remedy this while still striking the right balance?
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 20 years ago reveals.
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 5 years ago reveals.
Insurance and West Bromwich Albion have not appeared in conjunction too often in this column in the past — bar one reference to Baggies fan and Towergate CEO Andy Homer's lucky pants, perhaps.
Leigh Jackson talks to HSB UK's American chief executive officer and managing director of engineering insurance Stephanie Watkins about her past as a police officer in the US and her curious love for cricket.
Cloud computing has become the latest idea to catch the eye in commercial computing. Sam Barrett reports why the insurance industry is carefully assessing the advantages and potential pitfalls.
The latest issue of Post magazine is now available to subscribers as a digital interactive e-book.